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San Diego
Thursday, Dec 7, 2023
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Progress Report



SALES

Property: 722-750 Jamacha Blvd., San Diego.

Seller: Essel Enterprises.

Selling agents: Scott Duhs and Craig Duhs of Retail Properties Group, Inc. represented the buyer and Dan Malcolm of Retail Properties Group, Inc. represented the seller.

Buyer/square footage: CIF Holdings purchased a 58,000-square-foot shopping center building for $8.05 million.

Property: Acreage on Ruffin Road, Kearny Mesa.

Seller: American Red Cross.

Selling agents: Mike Foster of Foster & Co. represented the buyer and Chuck Wasker of GVA IPC represented the seller.

Buyer/square footage: Ruffin Partners LLC purchased two lots totaling 2.3 acres for $3.21 million.

Property: 181 Rea St., El Cajon.

Seller: Janice Lloyd.

Selling agents: Zachary Jacobs of GVA IPC represented the buyer and Kyle Clark of Burnham Real Estate represented the seller.

Buyer/square footage: James C. Knapp of Knapp Telecommunications purchased a 6,021-square-foot office building for $1.1 million.

Property: 216 Del Mar Ave., Chula Vista.

Seller: Herlinda Tan Trust.

Selling agents: Loyda Yu of Century 21 represented the buyer and Terry Taylor of ACI Commercial represented the seller.

Buyer/square footage: John and Carole Marquez purchased a six-unit, 4,400-square-foot apartment property for $892,500.

Property: Land on Kenamar Drive, San Diego.

Seller: PARS Sorrento Valley Science Park.

Selling agents: Brent Bohlken of GVA IPC represented the buyer and Richard Gonor of Grubb & Ellis/BRE Commercial represented the seller.

Buyer/square footage: West Coast Property Consultants purchased a 42,253-square-foot parcel of land for $650,000.


LEASES

Property: 2004 Hancock St., San Diego.

Lessor: Mark Silverman and Jeff Taich.

Leasing agents: Chuck Ekstrom of GVA IPC represented the lessor and lessee.

Lessee/square footage: DNC Parks & Resorts signed a five-year, $403,618 lease for 6,000 square feet of industrial space.

Property: 9726 Aero Drive, Suite C, San Diego.

Lessor: G. Wesley Harker Family Trust.

Leasing agents: Charles Currey of GVA IPC represented the lessor and Dean Acosta of Colliers International represented the lessee.

Lessee/square footage: Lococo Sports signed a five-year, $234,635 lease for 4,661 square feet of industrial space.

Property: 4344 Convoy, San Diego.

Lessor: Harbaugh Convoy, Ltd.

Leasing agents: Joe Balla of Retail Properties Group, Inc. represented the lessor and lessee.

Lessee/square footage: Hung Nguyen signed a five-year, $264,085 lease for 2,900 square feet of retail space.

Property: 8062 Clairemont Mesa Blvd., San Diego.

Lessor: Mercury Plaza LLC.

Leasing agents: Gregory Albertini of GVA IPC represented the lessor and lessee.

Lessee/square footage: Mercury Plaza Hair Salon signed a five-year, $88,974 lease for 1,073 square feet of retail space.


Property: 637 Third Ave., Suite F, Chula Vista.

Lessor: 637 3rd Ave. LLC.

Leasing agents: Chuck Ekstrom of GVA IPC represented the lessor and lessee.

Lessee/square footage: Ocean Mortgage signed a two-year, $42,447 lease for 850 square feet of office space.

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