Coco’s Bakery Building in San Diego Sells for $2.7 Million

San Diego – Justin Earley of Capital Real Estate Ventures Inc. represented the buyer and seller.

San Diego – Fairbanks Trail LLC has purchased a 3,900-square-foot property in San Diego that is occupied by Coco’s Bakery restaurant for $2.7 million, or $700 per square foot. Coco’s renewed its lease in 2013 for 15 years. Justin Earley of Capital Real Estate Ventures Inc. represented both parties, including the seller, USA Properties Inc., in the transaction.

— Nellie Day