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Wednesday, Oct 9, 2024
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Real Estate & Construction



Real Estate Sales

Property: 9970 Carroll Canyon Road

Seller: Scripps Ranch Business Park

Selling agents: Brian Driscoll and Eric Northbrook of Colliers International represented the seller. Towne Centre Resources represented the buyer.

Buyer/square footage: Hibiscus Investments, Inc. purchased an 81,881-square-foot building for $13.5 million.

Property: 3880 Shasta St.

Seller: DFT Family Trust

Selling agents: Savvas Marinos of Colliers International represented the seller. Don Clauson of Commercial Property Consultants represented the buyer.

Buyer/square footage: Danube Properties, Inc. purchased a 40-unit apartment complex for $4.05 million.

Property: 5050 Murphy Canyon Road

Seller: Murphy Canyon Associates

Selling agents: Ken Kisbert of Burnham Real Estate Services and Thilo Koehler of Euro-Pacific Properties represented the seller. Bill Cavanagh of Business Real Estate Services represented the buyer.

Buyer/square footage: Simon Levi Co., LTD purchased a 29,246-square-foot building for $3.29 million.


Real Estate Leases

Property: 10140 Barnes Drive

Lessor: Vital Works, Inc.

Leasing agents: Brian Ffrench of Irving Hughes Group represented the lessee. Brian Driscoll and Eric Northbrook of Colliers International represented the lessor.

Lessee/square footage: Lightpoint Communications signed a 58-month, $1.9 million lease for 25,477 square feet of office space.

Property: 2283 Cosmos Court, Carlsbad

Lessor: Pence Family Trust, L. Taylor Gerry and C. Pisarik Tenants in Common

Leasing agents: Barry Hendler of BRE Commercial/NAI represented the lessee. Lannie Allee and Doug Simpson of Coldwell Banker Commercial represented the lessor.

Lessee/square footage: Next Proteins International signed a 60-month, $1.53 million lease for 32,047 square feet of office space.

Property: 10222 Marina Bay Drive, Suite 140, National City

Lessor: Port of San Diego

Leasing agents: Wayne Downs of Voit Commercial represented the lessee. Jay Arnett of Burnham Real Estate Services represented the lessor.

Lessee/square footage: O’Neill, Inc. signed a 60-month, $1.1 million lease for 44,000 square feet of industrial space.

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