AAE Pacific Park Associates LLC of San Diego has purchased a Kearny Mesa office building for $7 million, according to brokerage firm Marcus & Millichap.
The seller of the 25,372-square-foot property, at 3615 Kearny Villa Road, was Alpine 4 Technologies Ltd. of Phoenix. The buyer was represented by Michael Walseth of Marcus & Millichap’s Walseth Retail Investment Advisors, and the seller was advised by Ray Germain and Perry White of Marcus & Millichap.
The two-story building is located on 1.3 acres and houses the corporate headquarters and quality assurance testing facility for Quality Circuit Assembly, which provides electronic manufacturing services. At the close of escrow, the tenant signed a 15-year lease to remain in the property under the new owner.