San Diego Business Journal

Downtown Commercial Parcel Bought for $4.85M

By Lou Hirsh Monday, February 17, 2014

IMSJ LLC of San Diego, which includes Imad Mansour, has bought a commercial land parcel in downtown San Diego for $4.85 million, according to CoStar Group and public data.

The seller of the 0.46-acre property, at 1035 Eighth Ave., was Okovita Family Revocable Trust of San Diego, including Irving and Olivia Okovita. The land is zoned for retail, office, mixed-use and other commercial uses.

Allen Chitayat, of brokerage company Hendricks Berkadia, represented the buyer and seller.