November 2018
San Diego Unified School District purchased a 54k sf R&D/flex building in Kearny Mesa for $18 mil, or $330/sf. The property, located at 5454 Ruffin Rd, was sold by BLT Enterprises.
BLT acquired the asset in 2017 and, since that time, has converted what was a 77k sf, two-story office building back to its original 54k sf size by removing the dated addition of a second-story office space constructed in the late 1980s.
