Inman

Wateridge Tech Center gets new owner

Foster City, Calif.-based Legacy Partners recently purchased the two-building, 128,296-square-foot Wateridge Technology Center in San Diego, Calif.

The value of the transaction was $32.8 million.

The class A office and corporate headquarters buildings are located within the Sorrento Mesa master-planned Wateridge Business Park at 10421 and 10431 Wateridge Circle.  

The Allen Group, based in San Diego, sold the property, whose major tenant is American Mortgage Network Inc., a wholly owned subsidiary of Wachovia Corp.