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Saturday, Oct 1, 2022
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Progress Report



SALES

Property: 3783-3825 Florida St., San Diego.

Seller: JRR Family Trust.

Selling agent: Matthew Udewitz of Coldwell Banker Comercial Almar Group represented both the buyer and the seller.

Buyers/square footage: Chris La Fornara and Michael Kootchick of North Crest Partners LLC purchased a 39-unit apartment property for $9.3 million.

Property: 1011 Leslie Road, El Cajon.

Seller: Villa Verde Apartments.

Selling agents: Marie Cappello represented the buyer and Jim Neil of CB Richard Ellis’ San Diego Central office represented the seller.

Buyer/square footage: Namir Mattia purchased an 8,000-square-foot apartment property for $1.4 million.

Property: 7970 Clairemont Mesa Blvd., San Diego.

Seller: David A. Altomare.

Selling agents: Reza Raymond Siry and John Siry, the buyers, represented themselves and Mickey Morera of Burnham Real Estate represented the seller.

Buyer/square footage: Reza Raymond Siry and John Siry purchased a 7,900-square-foot retail building for $2.6 million.

Property: 1749 North Vulcan, Encinitas.

Seller: Corals LLC.

Selling agents: Cathryn Low and Mack Langston of Burnham Real Estate represented both the buyer and the seller.

Buyer/square footage: Samuel L. Losh Trustee/Milner Street Inc. purchased a 29-unit apartment building for $4.1 million.

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LEASES

Property: 5796 Armada Drive, No. 300, Carlsbad.

Lessor: Ocean Ridge.

Leasing agents: John Hoffman of Colliers International represented the lessor and Rick Sherburne of Cushman Wakefield represented the lessee.

Lessee/square footage: JPI Development Services signed a seven-year, $4.5 million lease for a 75,000-square-foot corporate office building.

Property: 10140 Barnes Canyon Road, Sorrento Mesa.

Lessor: Pacific Office Properties.

Leasing agents: Pacific Office Properties, the lessor, represented itself and Don Mitchell and Jill Morton of CB Richard Ellis’s San Diego Central office represented the lessee.

Lessee/square footage: Information Systems Laboratories Inc. signed a 65-month, $2.5 million lease for 25,477 square feet of commercial space.

Property: 678 Third Ave., No. 305, Chula Vista.

Lessor: MountainWest Real Estate.

Leasing agents: James Peri Jr. of MountainWest Real Estate represented the lessor and Dave Willis of CRESA Partners represented the lessee.

Lessee/square footage: MTC Services signed a five-year, $1.8 million lease for 10,515 square feet of office space.

Property: 9940 Summers Ridge Road, San Diego.

Lessor: H.G. Fenton Co.

Leasing agents: Glen Volk of Voit Commercial Real Estate represented the lessor and Dean Asaro of CB Richard Ellis’ San Diego Central office represented the lessee.

Lessee/square footage: Sontek/YSI signed a 62-month, $1.4 million lease for 18,810 square feet of industrial space.

Property: 8320 Camino Santa Fe, No. 100, San Diego.

Lessor: RREEF.

Leasing agents: Dean Asaro of CB Richard Ellis’ San Diego Central office represented the lessor and Bryce Aberg of Grubb & Ellis represented the lessee.

Lessee/square footage: Shaw Contract Flooring Service signed a five-year, 15,596-square-foot lease of industrial space for $1.1 million.


Send news of contract awards and construction commencement and completion for the Construction Journal to

pbroderick@sdbj.com

. Please include the address, contractor, architect, square footage and cost.

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