San Diego Business Journal

Data Services Company Buys Kearny Mesa Office Building for $3.84 Million

By Lou Hirsh Wednesday, April 16, 2014
Photo courtesy of CoStar Group

Photo courtesy of CoStar Group

Central Data Services Inc. of San Diego has purchased a Kearny Mesa office building, known as Convoy Business Center, for $3.84 million, according to CoStar Group and public data.

The 27,909-square-foot, three-story property is at 7071 Convoy Ct., off Clairemont Mesa Boulevard, and the seller was Self Secured Properties of San Diego. Central Data Services plans to occupy between 5,000 and 7,000 square feet of the building by the end of the second quarter.

The buyer plans to lease out the remaining space and has retained Voit Real Estate Services to handle leasing, CoStar reported. The property was built on 0.94 acres in 1973 and renovated in 2012, and was 63 percent occupied at the time of sale.

The buyer was represented by Jon Boland and Garrett Fena of Voit Real Estate Services. The seller was represented by Paul Lafrenz and Melissa Foster of CBRE Group Inc.