The vacant, 73,756-square-foot office/research and development/flex building in Carmel Mountain Ranch at 15330 Avenue of Science, San Diego 92128, has been sold in a short sale for $6.8 million, or $92 per square foot.
Brad Tecca and Brett Ward, LEED AP, of Cassidy Turley BRE Commercial, represented the Deal of the Week lessor. Jeremy Dee, of Corporate Realty Associates, represented the lessee.
Fitch Ratings has downgraded the debt secured by the 941-unit, $300 million Pacific Beacon military housing development overlooking the 32nd Street Naval Station and placed it on a negative ratings watch.
Genesis Plaza, a 57,685-square-foot office building in Kearny Mesa at 4995 Murphy Canyon Road in San Diego 92123, has been sold for $10 million to NetREIT Inc., 1282 Pacific Oaks Place, Escondido 92029.
September 3, 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.
Aug. 20, 2010 -- Executive Editor George Chamberlin speaks with National Association of Realtors Chief Economist Lawrence Yun at the San Diego Association of Realtors' Real Estate Summit.
Aug. 20, 2010 -- Executive Editor George Chamberlin speaks with Mark Marquez, 2010 SDAR president, at the San Diego Association of Realtors' Real Estate Summit.
10-0452208 -
The house
at 9571FarmingtonDr
,
Lakeside,
CA92040,
was sold on 8/31/2010
at a tax value of $370,000.00
by Ann Finn
to Samuel J. Holden394-232-069/3/2010
10-0452210 -
The house
at 1725Corte Viejo
,
Oceanside,
CA92056,
was sold on 8/31/2010
at a tax value of $343,000.00
by Carol VanVooren, trustee,
to Zachary Pugh and Milica Pugh161-622-669/3/2010
10-0452212 -
The house
at 1928WheatvilleSt
,
Chula Vista,
CA91913,
was sold on 8/31/2010
at a tax value of $389,000.00
by Christian Westover and Samantha Westover, trustees,
to Mikia B. Wallis643-431-089/3/2010
10-0452214 -
The house
at 2026Broadway
,
San Diego,
CA92102,
was sold on 8/31/2010
at a tax value of $680,000.00
by Michael E. Dullea, Jr. and Michelle E. Dullea
to Jeremiah J. Sullivan and Lisa B. Sullivan534-253-079/3/2010
10-0452216 -
The condo
at 1199PacificHwy#3702,
San Diego,
CA92101,
was sold on 8/31/2010
at a tax value of $1,250,000.00
by Lee L. Smith
to William P. Malone and Lindsay C. Capen533-471-16-329/3/2010
FengYong Cao and Hong X Lin
(CDC Commercial)
has leased
8,024square feet
of
retail
space at
100 North Rancho Santa Fe Road, Suite 101,
San Marcos,
CA92069
from
The R/R Blumenthal Family Trust
(CDC Commercial).
The property was leased for
60months
at
$469,404.00triple netand will be used for an Oriental Buffet restaurant.9/3/2010
Lisa Gamboa dba Sarah's Sassy Boutique
(Don Zech and Nick Zech of CDC Commercial)
has leased
720square feet
of
retail
space at
40685 California Oaks Road,
Murrieta,
CA92562
from
MVMS LLC
(Zech and Zech).
The property was leased for
1month
at
$1,200.00grossand will be used for a clothing store.9/3/2010
Susan Van Heumen and Adriaan Van Heumen, dba Valle d' Brume
(itself)
has leased
1,487square feet
of
retail
space at
Bel Villaggio I & II41413 Margarita Road, Suite K-101,
Temecula,
CA92591
from
41233 Margartia Holdings, LLC
(John Jennings and Bryan Cunningham of Cushman & Wakefield).
The property was leased for
36months
at
$106,350.00renewaland will be used for a bakery.9/3/2010
Evolution Dance Center, Inc., dba Pacific Dance and Performing Arts Academy
(Brooks Campbell of Cassidy Turley/BRE Commercial)
has leased
4,964square feet
of
retail
space at
La Costa Town Center7740 North El Camino Real, Suites J, K,
Carlsbad,
CA92009
from
La Costa Tower, LLC
(Kam Walton and Nick Alford of Cushman & Wakefielf).
The property was leased for
48months
at
$327,624.00and will be used for a dance studio.9/3/2010
Bekins Moving Solutions, Inc.
(Mickey Morera of Cushman & Wakefield)
has leased
71,865square feet
of
warehouse
space at
2025 Gillespie Way,
El Cajon,
CA92020
from
Govenor Park Investors, LLC
(itself).
The property was leased for
73months
at
$2,409,038.00and will be used for warehouse and distribution.9/2/2010
