SAN DIEGO- KBS Real Estate Investment Trust II has purchased a three-building office complex, Torrey Reserve West, in Del Mar Heights. The firm paid $27.3 million for the property and the seller was unidentified.
The office complex, which measures 118,030 square feet, sits on 7.1 acres of land. KBS said that six tenants including Mir3 Corp., Solekai Systems, Via Telecom and Xifin have already leased 91% of space in Torrey Reserve West. For the full story, go to The San Diego Union Tribune.
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