Joint Venture Partners Buy San Diego Property

Joseph Development Co., headed by Roger A. Joseph, and John Burnham & Co. executives Malin Burnham, Robert Lichter, John Tanner and Kenneth Satterlee have formed an investment group that has acquired, in a joint venture with the Old Stone Development Corp. of Providence, R. I., a 16.6-acre commercial site and 60,000-square-foot office building in San Diego’s Golden Triangle for $14.5 million.