Sales:

A 40,800-square-foot, two-story office building in Sorrento Mesa sold for $12.5 million. The office building, located at 9860 Mesa Rim Road, is 100 percent leased to TriTech Software Systems, a provider of integrated public safety software solutions headquartered in San Diego.

Lynn LaChapelle, Ryan Dunigan, Tim Hoag and Bob Prendergast of Burnham Real Estate represented the seller, Terra Enterprises. The buyer, a real estate equity fund managed by Washington Capital Management, represented itself.

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CB Richard Ellis announced that the 14-building office development Spectrum at Bressi Ranch in Carlsbad has closed escrow on four buildings with five other buildings due to close in the next few weeks. In addition, negotiations are in progress for two additional buildings.

The buildings located at Palomar Airport and Gateway roads sold for a total of $7.46 million. Torrey Pines Bank purchased a 7,900-square-foot building. Investment banking firm Kinsell, Newcomb & De Dios Inc. purchased a 7,500-square-foot building. The law firm of DiCaro, Coppo & Popcke purchased a 5,700-square-foot building and Certified Public Accountant William F. Slattery purchased a 5,700-square-foot building.

Lannie Allee, Roger Carlson and Lars Eisenhauer of CB Richard Ellis are the leasing and sales representatives for Spectrum at Bressi Ranch. Jason Hughes of Irving Hughes Inc. represented Torrey Pines Bank. Aric Stark of Grubb & Ellis|BRE Commercial represented DiCaro, Coppo & Popcke.

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A two-story, 17,000-square-foot retail building at 7650 Girard Ave. in the Village of La Jolla sold for $6.86 million. The buyer was YDNL of San Diego. The sellers were HPA Properties and BDC Development Ltd., a subsidiary of All Star Investments headquartered in Boulder, Colo.

Phil Wise of Colliers International represented the seller. The buyer was represented by Rita Lancaster Hannah and Steve Fiorentino of Coldwell Banker Commercial Almar Group.

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An office and medical-use building in Highland Skypark, located near the intersection of Ruffin Road and Aero Drive in Kearny Mesa, sold for $2.46 million. The 8,300-square-foot building was sold to International Realty and Development. The sale is the third in the redevelopment project by Soledad Development Group.

Jay Arnett and Deborah Hunkeler of Burnham Real Estate represented the seller, and the buyer was represented by Bill Bacon of CB Richard Ellis Group Inc.’s San Diego office.