San Diego Business Journal

San Diego-Based Property Co. Buys Office Building for $7.3M

By Lou Hirsh Monday, May 5, 2014
Scripps Poway Corporate Centre in Poway (photo courtesy of CoStar Group)

Scripps Poway Corporate Centre in Poway (photo courtesy of CoStar Group)

Coseo Properties Inc. of San Diego bought Scripps Poway Corporate Centre, an office building in Poway, for about $7.3 million, according to CoStar Group and public data.

The 48,781-square-foot building at 13475 Danielson St. was sold by Moxie Pacific Palomar LLC of Carlsbad. It was fully leased at the time of sale, with about 36 percent of the property occupied by Honeywell International Inc.

Matt Zimsky and Tucker Hohenstein of Colliers International represented the seller. Richard Lebert of Colliers represented the buyer, recorded as CPI Apartment Fund 10 LLC.

The two-story property was built on about 3 acres in 2001.