The La Jolla-based real estate firm, Protea Properties recently closed on five commercial buildings in San Diego County, California for a combined price of $47 million.
Four of the properties were in Chula Vista and one in Mission Valley. All the buildings were either approximately or fully leased at the time of the sales.
The properties were:
630 Bay Blvd, Chula Vista – a 48,828 square-foot industrial building
660 Bay Blvd, Chula Vista – 32,601 square-foot building
780-784 Bay Blvd, Chula Vista – 99,584 square-foot office/industrial building
830 Bay Blvd, Chula Vista – a 30,046 square-foot building
5920 Friars Road, Mission Valley – a 20,819 square-foot office building
Protea Properties represented themselves in the transactions.
About the author
Maurice Bedard
Chief Inspector & Owner · CCPI, CMI, CMR
Maurice Bedard is the chief inspector and owner of U.S. Commercial Building Inspections, a Certified Commercial Property Inspector with more than 25 years in commercial real estate, construction, restoration and remediation across Southern California. He has personally inspected office, retail, industrial, multifamily and institutional buildings for buyers, owners, brokers and lenders throughout San Diego, Orange, Los Angeles, Riverside and San Bernardino Counties.
Written and reviewed by Maurice Bedard · Published June 3, 2021 · Updated June 17, 2023
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