Catesgarb Holdings of City of Industry has bought a three-building industrial park in Vista for about $5.1 million, according to brokerage firm Lee & Associates, which represented the buyer and seller.
La Mirada Business Park, which totals 75,977 square feet, is off La Mirada Drive and was fully leased by six tenants at the time of sale. The seller of the warehouse and office development was Otay Terminal – La Mirada Drive LLC.
The seller was represented by Rusty Williams and Chris Roth of Lee & Associates, and Randy LaChance and Arthur Bleier of Voit Real Estate Services. Jeff Bethel of Lee & Associates represented the buyer.