Brixton Ridge LLC of San Diego has purchased a Miramar industrial property for $2.3 million, according to brokerage company Newmark Grubb Knight Frank (NGKF).
The seller of the 23,000-square-foot property, at 6162 Nancy Ridge Drive, was San Diego-based Arena Pharmaceuticals Inc., which represented itself. The buyer was represented by NGKF’s Brent Bohlken and Paul Britvar.
NGKF brokers said the new owner has begun improvements to the property, which will be leased to one or more tenants. The building is located within the Sorrento Ridge Science Park.
According to CoStar Group, the buying entity is an affiliate of Brixton Capital AC LLC. The property was built on three acres in 1980.