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Tuesday, Mar 21, 2023
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HOT DEALS

HOT DEALS

Real Estate Sales

Property: 750 N. Citracado Parkway, Escondido

Seller: AMPROP Santa Fe, LLC

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Selling agents: Steve Rowland of Business Real Estate Services represented the buyer. Jay Alexander, Vic Gausepohl and Kirk Allison of Colliers International, and Joe McDermott of Coldwell Banker Commercial North County Properties represented the seller.

Buyer/square footage: SMISER San Diego, LLC purchased a 40,755-square-foot business park for $3.84 million.

Property: 4111 Illinois St., San Diego

Seller: Efren R. Cota Ltd.

Selling agents: David Shattles and George Sherman of Real Estate Services, Inc. represented the buyer. Eric Comer of CB Richard Ellis represented the seller.

Buyer/square footage: Richard and Sylvia Trumbull purchased a 28-unit apartment complex for $2.75 million.

Property: 3945 Camino del Rio S., San Diego

Seller: Andrew Karsh

Selling agents: Dave Shattles of Real Estate Services, Inc. represented the buyer. Tim Winslow, Richard Gonor and Derek Applbaum of BRE Commercial/NAI represented the seller.

Buyer/square footage: George Sherman purchased an 8,505-square-foot office building for $1.2 million.

Real Estate Leases

Property: 1455 Frazee Road, San Diego

Lessor: M & S California Fund, LP

Leasing agents: Bill Bacon of CB Richard Ellis represented the lessee. Ron Miller and Mark Wayne of Burnham Real Estate Services represented the lessor.

Lessee/square footage: The State of California Department of Justice signed an eight-year, $3.6 million lease for 12,500 square feet of office space.

Property: 6030 Avenida Encinas, Carlsbad

Lessor: Cabot Industrial Trust

Leasing agents: Eric Hutchinson of Burnham Real Estate Services represented the lessee and the lessor.

Lessee/square footage: M2 Automotive, Inc. signed a 10-year, $2.14 million lease for 26,936 square feet of industrial space.

Property: 2042 Corte Del Nogal, Suite C, Carlsbad

Lessor: Quince Associates, c/o Spectrum Management

Leasing agents: Shaun Barnett of Irving Hughes represented the lessee. Dennis Visser and Dave Steffy of BRE Commercial/NAI represented the lessor.

Lessee/square footage: EpiGenX Pharmaceuticals, Inc. signed a seven-year, $748,000 lease for 12,704 square feet of research and development space.

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