Escondido Office Building Sold For About $2.6M

An Escondido office building has been sold for nearly $2.6 million.

The 8,429 square-foot Canterbury Corporate Plaza, 940 Canterbury Place, was acquired by The Law Office of Louis Gabbara.

The seller was Tim Foley of Foley Enterprises Inc.

Nick Totah, first vice president of investments of The Totah Group in Marcus & Millichap’s San Diego office, represented Foley.

The Totah Group also represented the buyer.

Constructed in 2002, the building was fully leased at the time of the sale.

Tenants include Am Wins Group Insurance and Oakwood Escrow.

Real estate reporter Ray Huard may be reached at rhuard@sdbj or 858-277-8904.