L&B Realty Advisors acquires San Diego building

DALLAS — L&B Realty Advisors Inc., an independent affiliate of United Kingdom-based Old Mutual, has acquired the 5505 Morehouse Drive in San Diego, 100% leased to electronics giant Texas Instrument.

The popular Sorrento Mesa site along California’s I-5 and I-805 corridors features a 72,000 sq. ft. Class-A office building with two rectangular "wings" allowing Texas Instruments the option to separate divisions of their company. Sorrento Mesa is considered one of San Diego’s most dynamic corporate office research and development markets.