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Building on Cades Way in Vista sold

The approximately 5,686-square-foot industrial flex building in the Oak Ridge Business Center at 2410 Cades Way, Vista 92081, has been sold for $660,800.

The buyer was Disco Volante Holdings LLC, a California limited liability company, with Bruni P. Gherardi and Marie-Noelle Gherardi as members, 2101 Las Palmas Drive, Suite C, Carlsbad 92009.

The acquisition was financed with a loan of $330,000 from JPMorgan Chase Bank (NYSE: JPM).

The seller of the property (assessor's parcel 217-253-01) was James H. Clanton, trustee of the Clanton Family Trust.

The selling agents were Mike Bench and Adam Molnar, of Colliers International. The listing agent was Robert Fletcher, of CBRE (NYSE: CBG).

The building was constructed in 1989 and includes a reception area, two offices, one grade-level truck door, a 16-foot clear height and a parting ration of 2.8/1,000.

In June 1995, the property sold for $300,000, and again in October 1997 for $385,000.

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