720 Gateway Center Drive -- Photo courtesy of Newmark Grubb Knight Frank, Colliers International

720 Gateway Center Drive -- Photo courtesy of Newmark Grubb Knight Frank, Colliers International

Locally-based Sasa Group LLC has purchased an office and industrial property in the Mt. Hope area of southeast San Diego for $2.45 million, according to brokers handling the transaction.

The two-story, 20,030-square-foot property, at 720 Gateway Center Drive, was sold by Urban League of San Diego.

According to Colliers International, which represented the buyer, the building was constructed in 1988 and is currently 50 percent leased to Fresenius Medical Care. The buyer plans to gradually occupy the remaining 50 percent.

Colliers’ Mark Lewkowitz represented the buyer, and the seller was represented by Brent Bohlken and Bob Teglia of Newmark Grubb Knight Frank.