The approximately 14,658-square-foot office building in Mission Valley at 7850 Mission Center Court, San Diego 92108, has been sold for $1.7 million.
The buyer was Mission Properties LLC, P.O. Box 506545, San Diego 92150. The members of Mission Properties are Michael B. Abdou and Abir Z. Abdou.
The acquisition was financed with a loan of $1,445,000 from JPMorgan Chase Bank (NYSE: JPM).
The seller of the property (assessor's parcel 438-011-16) was Parker Investment Corp., with Frank Z. Parker as the president and CEO.
The two-story building was constructed in 1972 on a 28,750-square-foot lot in the Friars Professional Park.
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