Hazard Center is one of the best-known buildings in San Diego's Mission Valley area. The granite-clad tower rises 15 stories and is fully occupied by tenants that include Aetna Inc., Toyota Motor Co. and American International Group Inc.—all three of which are Fortune 500 companies.

The development's lower floors are occupied by retailers that include bookseller Barnes & Noble and Wherehouse, one of the nation's largest video and music chains. Restaurants at the project include Prego and Trophy's.

The Mann's Theater multiplex on the ground floor of the high-rise is one of the theater chain's most successful outlets, according to Cushman & Wakefield, the brokerage firm that represented seller Connecticut General Life Insurance Co. in the transaction.

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