• News
  • SAN DIEGO
  • Real Estate

Furniture firm buys Toppan site on Miramar Road

The approximately 108,000-square-foot manufacturing building at 7770 Miramar Road in San Diego 92126, has been sold for $5.67 million.

The buyer was 7770 Miramar Road LLC, a California limited liability company. Southwestern Furniture of Wisconsin LLC is the sole member of 7770 Miramar and Michael Jedlowski is the chief executive officer of Southwestern.

Ashley Furiture Industries Inc. of Arcadia, Wis., financed the acquisition with a loan of $$5.67 million.

The seller of the property (assessor's parcel 343-081-05) was Toppan Electronics Inc., formerly known as Toppan West Inc.

The property had been used by Toppan Electronics for the manufacture of printed circuit boards since 1988. Toppan closed the factory in 2003.

After Toppan departed, the property underwent substantial toxic remediation. The concrete tilt-up building was constructed in 1985 on a 5.45-acre site. In September 1988, the property was sold for $8.7 million.

Leave Your Comment

Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.

SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.

User Response
0 UserComments

Leave Your Comment

Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.

SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.