84.5 F
San Diego
Saturday, Sep 24, 2022
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Progress Report



SALES

Property: 1445 Market St., San Diego.

Seller: Renee Cokin.

Selling agents: Victor Krebs of Colliers International represented the buyer and seller.

Buyer/square footage: AB California, LLC purchased an 18,000-square-foot warehouse building for $2.05 million.

Property: 2425 Camino del Rio S., San Diego.

Seller: Mission Valley Investors.

Selling agents: Jack Kruger of Grubb & Ellis/BRE Commercial represented the buyer and Richard Gonor, Paul Brown and Tony Russell of Grubb & Ellis/BRE Commercial represented the seller.

Buyer/square footage: Mission Valley Office-CDRS, LLC purchased a 9,742-square-foot office building for $1.3 million.

Property: 3513 Georgia St., San Diego.

Seller: Helen Cohen Trust.

Selling agents: The buyer represented herself and Chuck Hoffman of ACI Commercial represented the seller.

Buyer/sales price: Elayne Studenberg purchased an apartment building for $1.22 million.

Property: 250 N. Cedar St., Escondido.

Seller: Harrison Properties.

Selling agents: Larry Mckenzie of Prudential represented the buyer and Ray Adams of Grubb & Ellis/BRE Commercial represented the seller.

Buyer/square footage: Richard Mercurio purchased a 5,800-square-foot apartment building for $1 million.

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LEASES

Property: 4690 Executive Drive, San Diego.

Lessor: Kilroy Realty.

Leasing agents: Rob Merkin, Doug Lozier and Jerry Kinney of CB Richard Ellis represented the lessor and Brian Driscoll and Tim Olsen of Colliers International represented the lessee.

Lessee/square footage: PCL Construction Services, Inc. signed a 61-month, $1.05 million lease for 9,442 square feet of office space.

Property: 12230 El Camino Real, Suite 300, San Diego.

Lessor: Prentiss Properties.

Leasing agents: Joe Anderson, Rick Reeder and Dave Odmark of Grubb & Ellis/BRE Commercial represented the lessor and Dave Marino of Irving Hughes represented the lessee.

Lessee/square footage: Buchanan Ingersoll, LLP signed a five-year, $1.5 million lease for 7,860 square feet of office space.

Property: 926 Fifth Ave., San Diego.

Lessor: J/N Devco LLC.

Leasing agents: Bill Shrader and Corinna Gattasso of the Burnham Urban Retail Group represented the lessor and Victor Fandel of Fandel Retail Group represented the lessee.

Lessee/square footage: Adidas signed a 10-year, $1.53 million lease for 5,075 square feet of retail space.

Property: 505 Lomas Santa Fe, Suite 130, Solana Beach.

Lessor: Village & Country Properties.

Leasing agents: Joe Anderson and Stacy Looney of Grubb & Ellis/BRE Commercial represented the lessor and Robert Feber of EquiStar Sell America Corp. represented the lessee.

Lessee/square footage: US National Loan Corp. signed a five-year, $483,420 lease for 3,091 square feet of office space.

Property: 3232 Greyling Drive, San Diego.

Lessor: R & D Properties.

Leasing agents: Jerry Levy of Retail Properties Group represented the lessor and lessee.

Lessee/square footage: Rafaelo’s Italian Restaurant signed a five-year, $223,200 lease for 2,000 square feet of restaurant space.

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