An affiliate of Chino-based Gelardo Family Trust has purchased a Vista office building for $12.8 million, according to CoStar Group and public data.
The seller of the 60,649-square-foot property, known as Paseo Palomar at 3220 Executive Ridge, was an entity affiliated with Birtcher Anderson Realty LLC of Santa Ana and Rialto Capital Management LLC of Aliso Viejo.
The seller was represented by Gary Stache, Anthony DeLorenzo, Matt Pourcho and Doug Mack of brokerage firm CBRE Group Inc.
A CBRE statement said the building was fully leased at the time of sale, with tenants including Jaguar Mobile Inc., Chandler Signs and 101domain.com.
Located at Vista Business Park, the two-story property was built in 1999 and renovated in 2014, according to CoStar Group.