Grubb & Ellis/BRE Commercial negotiated the sale of Columbia Court, a 28,233-square-foot office building in downtown San Diego.

The value of the transaction was $6.3 million.

The four-story structure, located at 444 West C St., was built in 1984-85 on an approximately one-quarter-acre lot.

The property was fully leased at the time of sale.

The sellers were Busby Family Trust and Shoemaker Family Trust. The new ownership, Pacifica Cos., is planning to convert the building to office condominiums.

San Diego-based Grubb & Ellis/BRE Commercial is a privately held commercial real estate brokerage.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top