Colliers recently closed the sale of an 85,824-square-foot industrial property located at 10054 Old Grove Rd. in San Diego for $33,998,888. Built in 1982 and substantially renovated in recent years, the property is situated within San Diego’s Scripps Ranch submarket. A Colliers team of Evan McDonald and Richard Schwartz were joined by Lee & Associates’ James DeRegt and Scott Frazier to represent the seller – Old Grove LLC – while Southwest Regional Council of Carpenters served as buyer.
Iran Conflict and Inflation: How Middle East Tensions Are Impacting the U.S. CRE Market
More than three months after the United States and Israel launched coordinated military strikes against Iran on February 28, 2026,
Steve Griffin
June 6, 2026
