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Thursday, Mar 28, 2024
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La Mesa Office Building Sells for $3.5 Million

La Mesa Business Associates Real Estate General Partnership has acquired a multi-tenant office building in La Mesa for $3.5 million, according to brokerage firm SVN Asset Advisory Group.

The seller of the 29,103-square-foot property, at 5520 Wellesley St., was the 1995 Robert J. Welsh and Beverly Welsh Revocable Trust of El Cajon, represented by SVN’s Rick Alexander. The buyer was represented by Mike Conger of ECP Commercial.

Brokers said the buyer of the two-story building is a current tenant and will use the majority of the property to operate its business. The building was constructed on 1.6 acres in 1988, according to CoStar Group.

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