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Monday, Dec 4, 2023

Hot Deals

Real Estate Sales

Property: 6059 Cornerstone Court W.

Seller: Encad

Selling agents: Phil Monroe, Patrick Rohan, and Adam Edwards of Burnham Real Estate Services represented both parties.

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Buyer: Birtcher Property Services purchased a 97,950-square-foot R & D; center for $12.2 million.

Property: 15822 Bernardo Center Drive

Seller: The Lister Family Trust

Selling agents: Tom Magee of Col*Jen represented the seller. John Hale of Colliers International represented the buyer.

Buyer: Pacifica West Financial Corp. purchased a 60,000-square-foot office and R & D; center for $4.5 million.

Property: 1308-1350 Main St., Ramona

Seller: Coleman Family Trust, La Jolla

Selling agents: Rik Floyd, John Hale and Arnie Friendman of Colliers International represented both parties.

Buyer: Auerbach Realty Co. purchased a 50,000-square-foot retail center for $2.5 million.

Real Estate Leases

Property: 7777 Alvarado Road, La Mesa

Lessor: HFH, Ltd.

Leasing agents: Joe Zummo of HFH, Ltd. represented both parties.

Lessee: Borrego Springs Bank, N.A. signed a five-year, $1.27 million lease for 11,632 square feet of retail and administrative space.

Property: 5927 Priestly Drive, Suite 200, Carlsbad

Lessor: Crivello Commercial Investments, LLC

Leasing agents: David Onosko and Jon Walters of Coldwell Banker Commercial represented the lessor. Justin Halenza of BRE Commercial/NAI represented the lessee.

Lessee: Phat Pipe, Inc. signed a 36-month, $698,841 lease for 10,725 square feet of general office space.

Property: 1326 W. Mission Road, Escondido

Lessor: The Hartjen Family Trust

Leasing agents: Gary Monetta of GMBC Real Estate represented the lessor. Howard Zatkin of Colliers International represented the lessee.

Lessee: Traffic Control Service signed a 60-month, $573,384 lease for 7,400 square feet of industrial space.

Property: 7817 Ivanhoe Ave.

Lessor: Scripps Bank

Leasing agents: Gregory Wagner of Capital Growth Properties represented the lessor. Elizabeth Wheeler of Colliers International represented the lessee.

Lessee: Vesta Care, Inc., signed a 48-month, $501,148 lease for 4,671 square feet of general office space.


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