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Building on Costa Norte in Otay Mesa sold

The 17,603-square-foot distribution/warehouse building in Otay Mesa at 8737 Avenida Costa Norte has sold for $800,000, cash.

The buyer was Otay Triangle L.P., a California limited partnership, 5440 Morehouse Drive, Suite 4000, San Diego 92121.

The seller of the property (assessor's parcel 646-150-20) was NEI Credit Inc., with David Wick as president.

The building was constructed in 2000 a 1.28-acre lot. In September 1997, the lot in the 312-acre De la Fuente Business Park was sold for $572,500.

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