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Retail building, apartments in Santee sold

The approximately 15,900-square-foot retail building at 10055 and four residential units at 10050 Mission Gorge Road, Santee 92071, have been sold for $1.9 million.

The buyer was Marcia J. Nordstrom as trustee of a trust.

As part of the transaction, the buyer assumed the balances of a pair of prior loans -- $196,582 in March 2006 and $500,000 in September 1999 -- by the seller taking back an all-inclusive trust deed for $1.5 million.

The seller of the property (assessor's parcels 384-080-01, 42 and 43) was Tamberlyt Associates LLC, a California limited liability company with M. Grant Corp. as manager. Michael A. Grant is president of M. Grant.

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