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Tuesday, Jul 23, 2024
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Real Estate and Construction



Real Estate Leases

Property: 11232 El Camino Real, Suite 200, San Diego

Lessor: Torrey Hills, LLC

Leasing agents: Duncan Dodd of Grubb & Ellis represented the lessee. Justin Halenza and Rick Reeder of BRE Commercial/NAI represented the lessor.

Lessee/square footage: Mentor Graphics signed a 65-month, $1.11 million lease for 5,683 square feet of office space.

Property: 9645 Scranton Road, San Diego

Lessor: San Diego Tech Center

Leasing agents: Steve Holland and Doug Lozier of CB Richard Ellis represented the lessee. John Brand of Sentre Partners represented the lessor.

Lessee/square footage: Widcomm, Inc. signed a seven-year, $6.97 million lease for 47,873 square feet of research and development space.

Property: 6480 Weathers Place, Suites 320 and 340, San Diego

Lessor: The Shidler Group

Leasing agents: The lessee represented itself. Bret Gossett of CB Richard Ellis represented the lessor.

Lessee/square footage: McBride Electric, Inc. signed a five-year, $1.47 million lease for 11,899 square feet of office space.


Real Estate Sales

Property: 3396 Murphy Canyon Road, San Diego

Seller: Cardinal Capital Partners, Inc.

Selling agents: Marcus & Millichap represented the seller. Jim Casale of Grubb & Ellis represented the buyer.

Buyer: Arrow San Diego Center purchased a 40,612-square-foot office building for $6.2 million.

Property: 970 Broadway, Chula Vista

Seller: Oscar C. Davilla, Living Trust

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

Buyer: Daniel Hong Truong purchased a 22,500-square-foot office building for $1.7 million.

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