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Tuesday, Jun 25, 2024
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Real Estate & Construction



Real Estate Sales

Property: 1900-1988 N. Main St., Carlsbad

Seller: AEW Capital Management

Selling agents: Michael Schoeder of BT Commercial represented the seller. Jim Roessler of Raphel Roessler Retail Group represented the buyer.

Buyer/square footage: GMS Realty purchased a 125,247-square-foot shopping center for $8.7 million.

Property: 10208 Maya Linda Road

Seller: Mr. and Mrs. Velimier Petakovich

Selling agents: The seller represented itself. Jon Busse of Grubb & Ellis represented the buyer.

Buyer/square footage: Janis and Wayne Loftus dba Diamond I CA, LLC purchased a 64-unit apartment building for $6.46 million.

Property: 1000 Greenfield Drive, El Cajon

Seller: Greenfield Partners

Selling agents: Crown Investment represented the seller. Eric Comer of CB Richard Ellis represented the buyer.

Buyer/square footage: The Wagner Family Trust purchased a 71-unit apartment complex for $5.55 million.

Property: 6910-6920 Miramar Road

Seller: Miramar Road Assoc.

Selling agents: Jeff Bohn and Barbara Kreis of Sperry Van Ness represented the seller. The buyer represented itself.

Buyer/square footage: The Whittaker Lauderdale Group purchased a 51,041-square-foot office park for $3.95 million.


Real Estate Leases

Property: 1890 Rutherford Road, Carlsbad

Lessor: Diversified Properties

Leasing agents: Dave Steffy of Business Real Estate represented the lessee. Doug Simpson and Lannie Allee of Coldwell Banker Commercial represented the lessor.

Lessee/square footage: Breeze.com signed a six-year, $2.8 million lease for 37,381 of manufacturing space.

Property: 690 Otay Lakes Road, Suite A, Chula Vista

Lessor: Lake Partners, LLC.

Leasing agents: Duncan Dodd of Grubb & Ellis represented the lessee and the lessor.

Lessee/square footage: McMillin Realty Corp. signed a five-year, $675,000 lease for 6,495 square feet of office space.

Property: 9255 Towne Centre Drive, Suite 255,

Lessor: Procopio, Cory, Hargreaves & Savitch

Leasing agents: Bill Cavanagh and Tony Russell of BRE Commercial/NAI represented the lessee. Ben Schwartz and David DeRoche of Sentre Partners represented the lessor.

Lessee/square footage: The Law Offices of Scott A .Waage has signed a 35-month, $506,195 lease for 5,356 square feet of office space.

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