Real Estate Sales
Property: 1665 to 1685 Precision Park Lane
Seller: FIBP, LLC
Selling Agents: Steve Rowland and Rob Hill represented both parties.
Buyer: DFBS, LLC purchased a 53,454-square-foot complex for $2.85 million.
Property: 9830 Reagan Road, San Diego
Seller: The Archon Group
Selling Agents: Dick Schneider and Kevin Mulhern of CB Richard Ellis represented both parties.
Buyer: Esprit Luxury Villas, LP purchased a 108-unit apartment community for $7 million.
Property: 5825 Oberlin Drive, San Diego
Seller: Nilboro Corp.
Selling Agents: Janez Properties represented the seller.
Buyer: Sorrento Holdings, L.L.C. purchased a 57,000-square-foot office building for $5.1 million.
Real Estate Leases
Property: 15250 Avenue of Science, San Diego
Sub-lessor: Iomega Corp.
Leasing Agents: Buddy Norman of The Staubach Company represented the sub-lessor.
Sub-lessee/square footage: Intel Corp. signed a 98-month, $5.8 million lease for 55,454 square feet of office space.
Property: 2160 Las Palmas Drive, Carlsbad
Lessor: Anglin Family Trust
Leasing Agents: Jeff Young and Shena Boswell of Young & Associates represented the lessee. Chuck Currey of Grubb & Ellis Company represented the lessor.
Lessee/square footage: Sprint Spectrum, LP signed a 180-month, $1,759,982 lease for 14,870 square feet of industrial space.
Property: 9275 Sky Park Court, San Diego
Lessor: Arden Realty
Leasing Agents: David Wise of Equis Corp. represented the lessee. Tom Nicholas and Eric Northbrook of Colliers International represented the lessor.
Lessee/square footage: 1st Cyber Communications signed a 60-month, $830,412 lease for 7,689 square feet of office space.
Property: 8291 Aero Place, Suite 170, San Diego
Lessor: Aero Partners LD
Leasing Agents: Gilbert Enciso of Equis Corp. represented the lessee. Tucker Hohenstein of Burnham Real Estate Services represented the lessor.
Lessee/square footage: FiServ Solutions, Inc. signed a 5-year, $360,092 lease for 6,022 square feet of office space.