Miramar Industrial Buildings Sold for $6.5 MillionTuesday, April 1, 2014
PB Miramar Distributions LLC of Commerce has purchased a three-building industrial property in Miramar for $6.5 million, according to CoStar Group and public data.
The buildings total approximately 74,000 square feet and are located at 8665, 8675 and 8685 Miralani Drive. The seller was Palomar Partners LP of San Diego, recorded as Miralani Corporate Center.
The buildings were constructed on a total of 3.93 acres in 1971, 1984 and 1985. The buyer plans to occupy up to 51 percent of the space initially, primarily in the 8675 building, and later expand into other spaces in the acquired property.
Marc Lipschitz of Sotheby’s International Realty represented the buyer, with the seller represented by Randy LaChance and Jonathan Danton of Voit Real Estate Services.