SZA Real Estate buys landmark office building

Adds 47,534 square feet in San Diego County

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Grubb & Ellis/BRE Commercial negotiated the sale of The Timbers in Del Mar, a 47,534-square-foot architectural landmark office building in Del Mar, Calif. The value of the transaction was $12.9 million. SZA Real Estate bought the property, located at 445 Marine View Ave., from Hibiscus Investments Inc. San Diego-based Grubb & Ellis/BRE Commercial is a privately held commercial real estate brokerage. *** Send tips or a letter to the editor to newsroom@inman.com or call (510) 658-9252, ext. 124....