Mixed-use Mission Hills Development Sells for $8.6MFriday, March 8, 2013
Locally based Paragon Management Co. has purchased a mixed-use project in Mission Hills, called 1Mission, for $8.6 million, according to CoStar Group.
The four-building development, at 810-890 W. Washington St., was sold by Witt Properties and has a total of 20,111 square feet of commercial space, including retail, restaurant and office components. The residential portion is fully leased, with a 14 percent vacancy in the office portion.
Cassidy Turley San Diego and Perry Commercial Real Estate represented the seller, and the buyer had in-house representation in the transaction.
— SDBJ Staff Report