Berdan Holdings LLC of Santa Monica has acquired a two-building industrial portfolio in Sorrento Mesa for $12 million, according to CoStar Group and public data.
The seller of the research-and-development buildings, totaling 63,333 square feet at 10140 and 10180 Barnes Canyon Road, was an entity recorded as 10140-10180 Barnes Canyon Road.
The seller was represented by Brunson Howard and Sean Fulp of brokerage firm Newmark Grubb Knight Frank. No buyer broker was listed.
The buildings, located on a campus known as Sorrento Tech II, were constructed on approximately 5.6 acres in 1984 and 1985.