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Real Estate Leases

L-3 Communications Corp. renewed 123,440 square feet of office and research and development space at 10770 Wateridge Circle, Suite 100, in Sorrento Valley. The renewal is valued at $8,775,397. Matt Strockis of Cushman & Wakefield represented the lessee. Matt Nickels of CB Richard Ellis represented the lessor, Metropolitan Life Insurance Co.

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A Bob’s Big Boy franchisee leased 4,500 square feet of retail space at Westfield Parkway Shopping Mall, 415 Parkway Plaza, in El Cajon. The space, leased for 183 months at a value of $3,628,978, will be used as a casual dining restaurant. Justin Earley of Capital Real Estate Investments Inc. represented the lessee. The lessor, Westfield LLC, represented itself.

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North County Tavern & Bowl leased 15,260 square feet of retail space at Westfield North County Mall, 272 E. Via Rancho Parkway, Suite 201, in Escondido. The 10-year lease is valued at $2,949,110. Mike Morgan of Cushman & Wakefield represented the lessee. The lessor, Westfield LLC, represented itself.

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Wasserman Media Group leased 7,640 square feet of office/flex space at 2052 Corte Del Nogal in Carlsbad. The 66-month lease is valued at $645,000. Glenn Friedrich of Cresa Partners represented the lessee. Dennis Visser and Arik Stark of Grubb & Ellis l BRE Commercial represented the lessor, Cruzan | Monroe.

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Sorrento Therapeutics leased 6,900 square feet of office space at 6042 Cornerstone Court W. in Sorrento Mesa. The 60-month lease is valued at $418,174. Brian Cooper of Jones Lang LaSalle represented the lessee. Michael Alessio, Scott Kincaid and Tyler Gossett of CB Richard Ellis represented the lessor, Fountain Plaza.

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BPS Biosciences Inc. leased 5,956 square feet of office space at 6044 Cornerstone Court W. in Sorrento Mesa. The 60-month lease is valued at $354,531. Michael Alessio, Scott Kincaid and Tyler Gossett of CB Richard Ellis represented the lessor, Fountain Plaza. The lessee represented itself.

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Accelagen Inc. leased 5,200 square feet of office space at 6044 Cornerstone Court W. in Sorrento Mesa. The 63-month lease is valued at $327,367. Andy Irwin of CB Richard Ellis represented the lessee. Michael Alessio, Scott Kincaid and Tyler Gossett of CB Richard Ellis represented the lessor, Fountain Plaza.

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  February 8-14, 2010
SDBJ News
CONNECT Goes to Washington
Most high-tech entrepreneurs and innovators don’t have time to put on a tie and sit through a three-hour meeting about policy issues in Washington, D.C. They are too busy creating the next generation of digital mobile applications and lifesaving health care products, and creating jobs for the new innovation economy. There has not been a strong voice or presence in the nation’s capital to represent these innovators, who neither have the money nor bandwidth to lobby or educate representatives on their needs and interests — until now.
S.D. Companies Race to Build Gene Machines
Technology contenders in the race to decode a person’s entire genetic makeup for less than $1,000 have been making gains in recent months, signaling that the finish line isn’t far ahead.
Conference Focuses on Methods to Combat Cyber Attacks
The creative and destructive power of the Internet emerged as a major topic of the West 2010 military conference, sharing the stage with more time-honored topics such as ships and naval strategy.
Scripps Health Issues $220M in Revenue Bonds
Scripps Health, currently in the middle of a building spree intended to bring its aging health care facilities up to date while accommodating future population demands, sought help financing its projects through the public markets last week.
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