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Real Estate
NEWS
Median prices for homes sold in San Diego County in February remained stable for the ninth month in a row, according to the lastest report from the San Diego Association of Realtors (SDAR).
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Four residential units in Pacific Beach at 919-923 Emerald St., San Diego 92109, have been sold for $830,000, cash.
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Brookfield Homes has released phase 6B for sale at Trellis at Windingwalk in Chula Vista. The San Diego homebuilder also reported three homes sold in the single-family home neighborhood a week ago, according to Lora Heramb, vice president of sales and marketing for Brookfield (NYSE: BHS).
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The Deal of the Week lessee was represented by Mary Kay Bier, of Lee and Associates. The lessor was represented by Mickey Morera and James Duncan, of Cushman & Wakefield.
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(AP) -- A billboard company is offering to save the property beside the Hollywood sign from development if the city of Los Angeles settles a lawsuit against the firm.
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The pace of the refilling of large retail boxes has picked up significantly in San Diego County since the first of the year, but getting the rest occupied may be much more difficult.
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The number of homes in California that were in some stage of the foreclosure process dropped both month-to-month and year-to-year in February with one out of every 195 homes receiving some sort of foreclosure filing, according to a report on Wednesday.
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Trigild Inc., the San Diego-based troubled asset firm, continues to add to its distressed property portfolio, having been appointed receiver for the 24-story, 482,060-square-foot Viad Corporate Center office tower in Phoenix.
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The Old City Hall building on a Gaslamp Quarter corner at 433 G St. and 644 Fifth Ave. in downtown San Diego 92101, has been sold for $3.3 million out of a Chapter 11 bankruptcy proceeding in Arizona. The buyer was Enza Investments A, LLC, a California limited liability company, 2120 First Ave., San Diego 92101.
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The approximately 3,500-square-foot commercial/office building at 1309 S. Mission Road in Fallbrook 92028, has been sold for $860,000.
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BUSINESS NEWS

In The News

Mar. 12, 2010, 5 p.m. -- San Diego's web video news: Today's breaking major business events, economic, and financial announcements from The Daily Transcript/San Diego Source newsroom.

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Conversations '10: Interview with John Tuccillo

March 5, 2010 -- George Chamberlin interviews former National Association of Realtors Chief Economist John Tuccillo at the North San Diego County Association of Realtors' Conversations event.

Conversations '10: Interview with Robert Brown

March 5, 2010 -- George Chamberlin interviews CSU San Marcos Professor of Economics Robert Brown at the North San Diego County Association of Realtors' Conversations event.

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San Diego Business Showcase - 2010

Get North County business highlights as the Transcript partners with the Oceanside Chamber of Commerce for the San Diego Business Showcase.




Top 5 Homesales

10-0116829 - The house at 935 East Fourth Ave , Escondido, CA 92025, was sold on 3/10/2010 at a tax value of $260,000.00 by Federal National Mortgage Association to Jesse G. Garcia and Vanessa Garcia 230-322-05 3/15/2010
10-0116833 - The house at 462 Nickman St , Chula Vista, CA 91911, was sold on 3/10/2010 at a tax value of $277,000.00 by PGI Investments, LLC to Richard J. Hartmann and Chunrong G. Hartmann 618-181-06 3/15/2010
10-0116851 - The house at 1759 Brezar St , Chula Vista, CA 91913, was sold on 3/10/2010 at a tax value of $345,000.00 by Thomas S. Murray and Jodi M. Murray to Michael Belyk and Shanna Belyk 644-271-20 3/15/2010
10-0116853 - The condo at 6379 Caminito Del Pastel #182, San Diego, CA 92111, was sold on 3/10/2010 at a tax value of $389,000.00 by Gregory Z. Fisch to Tami J. Tadlock 431-732-01-08 3/15/2010
10-0116924 - The condo at 10938 Caminito Arcada #216, San Diego, CA 92131, was sold on 3/10/2010 at a tax value of $486,000.00 by David M. Hill and Fay A. Hill to Christopher A. Lee 319-581-14-05 3/15/2010
Last Updated 3/10/2010

Leasing Notes

Artistic Tasteful Treasures, Inc., dba Candy Bouquet (John Jennings and Aaron Hill of Cushman & Wakefield) has leased 1,125 square feet of retail space at Alpine Creek Town Center 1347 Tavern Road, Alpine, CA 91901 from Westcore Freightways LLC (Jennings and Hill). The property was leased for 5 years at $108,316.00 and will be used for a shop catering to the creative and delicious alternative to flowers, plans to open June 2010. 3/12/2010
Deborah and Rick Horn and Raquel and Dale Bourqeois, dba Studio B (John Jennings and Aaron Hill of Cushman & Wakefield) has leased 1,144 square feet of retail space at Alpine Creek Town Center 1347 Tavern Road, Alpine, CA 91901 from Westcore Freightways LLC (Jennings and Hill). The property was leased for 5 years at $98,360.00 and will be used for a salon. 3/12/2010
Dae Jun Kim (Josh McFadyen and Joe Crotty of Colliers International) has leased 784 square feet of industrial space at 3375 Copperwood Way, Suite H, Oceanside, CA 92054 from Copperwood Partners LP (McFadyen and Crotty). The property was leased for 36 months at $26,448.00 and will be used for a dental lab. 3/12/2010
San Diego Tax & Wealth Management Inc. (Tom Wilcox of Colliers International) has leased 2,346 square feet of office space at 7777 Alvarado Road, Suite 300, La Mesa, CA 91941 from Allied Office Plaza, LLC (Kyle Clark, Kipp Gstettenbauer and Matt Davis of Cushman & Wakefield). The property was leased for 60 months at $230,298.00. 3/12/2010
Brother's West Italian Bistro (itself) has leased 1,365 square feet of retail space at Fallbrook Mercantile 835 Main Street, Suite A, Fallbrook, CA 92028 from Granite Fallbrook LP (Kam Walton, Rob Ippolito and Nick Alford of Cushman & Wakefield). The property was leased for 60 months at $119,943.00 and will be used for an Italian restaurant. 3/12/2010
Last Updated 3/12/2010

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REAL ESTATE CALENDAR
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1

Symbol:
U.S. MARKETS
Last Updated 3/12/2010
DOW: 
10624.69 
+12.85
Nasdaq: 
2367.66 
-0.80
S&P 500: 
1149.99 
-0.25
NYSE: 
7362.85 
+9.61
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