Real Estate Sales
Property: Cabot Plaza, 8120-8182 Miramar Road; Cabot Industrial Park, 8350-8372 Cabot Drive; Foremost Business Park, 8515, 8525, 8535 and 8545 Arjons Drive; Black Mountain Commerce Park, 9580 and 9630 Black Mountain Road and 9360, 9380, 9400 and 9420 Activity Road; Black Mountain Plaza, 9323, 9353, 9373 and 9393 Activity Road; and Rancho del Oro Technology Park, 4048, 4144, 4156 and 4168 Avenida de la Plata, 1965 Plaza Real Circle and 4087 Calle Platino.
Seller: Property Enterprises I, L.P. of San Diego
Selling agents: Andrew and Meyers and Brad Tecca of Business Real Estate represented the buyers and the sellers.
Buyer: Austin GPI, LLC acquired six San Diego business parks, totaling 556,910 square-feet of space that can be rented out, for $35.55 million.
Property: Prospect Center, 1020 Prospect St.
Seller: Prospect Center Corp.
Selling agents: Trenton Bonner and Mike Slattery of Business Real Estate Brokerage Co./NAI represented the buyer and the seller.
Buyer: Prospect Associates, LLC purchased a 38,780-square-foot office building for $11.68 million.
Real Estate Leases
Property: 1150 and 1200 Simpson Way, Escondido
Lessor: Knowles Family Trust
Leasing agents: Howard Zatkin of Colliers International represented the lessor. Robert Gunness and Ron Bement of CB Richard Ellis represented the lessee.
Lessee: Allied Building Products Corp. signed a five-year, $773,232 lease for two industrial buildings, totaling 19,226 square feet of space.
Property: La Costa Shopping Center
Lessor: Grant Tucker Properties, LLC
Leasing agents: Jon Horning of Flocke & Avoyer represented the lessee. Pete Bethea of John Burnham & Co. represented the lessor.
Lessee: Pacific Bagels signed a five-year, $245,871 lease for 1,620 square feet of shopping space.
Property: Rancho San Diego Village shopping center
Lessor: Burnham Pacific Properties
Leasing agents: Eric Costa and Steve Lewis of Flocke & Avoyer represented the lessor. The lessee represented itself.
Lessee: Framed Again signed a five-year, $116,639 lease for 1,550 square feet of retail space.
