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Tuesday, Jul 23, 2024
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Real Estate & Construction



Real Estate Sales

Property: Corner of Oceanside and Coast boulevards, Oceanside

Seller: Hill Street Associates

Selling agents: Steve Warfield of Business Real Estate Brokerage Co./NAI represented the seller. Larry Fox of Summit Properties represented the buyer.

Buyer/square footage: Yvonne Ashley purchased a 21,887-square-foot building for $2.85 million.

Property: Flag lot on Enterprise, west of Vineyard

Seller: All Real Property, Inc.

Selling agents: Barry Hendler of BRE Commercial/NAI represented the seller. Terry Jackson of Burnham Real Estate Services represented the buyer.

Buyer/square footage: Cal Peak Power Enterprise, LLC purchased a 2,422-acre-lot for $1.05 million.

Property: 1445 Simpson Way, Escondido

Seller: Charles D. Smith Trust

Selling agents: Chuck Currey of IPC Commercial represented the seller. Barry Hendler of BRE Commercial/NAI represented the buyer.

Buyer/square footage: Ron and Peggy Ann Barlet purchased a 9,695-square-foot building for $710,000.


Real Estate Leases

Property: 4355 Ruffin Road, San Diego

Lessor: Touchstone Investments

Leasing agents: Greg Erickson of Touchstone Investments represented the lessor. Vince Botticelli of WorldNet Real Estate Services and Glenn Arnold of Business Real Estate represented the lessee.

Lessee/square footage: San Diego-Imperial Counties Developmental Services, Inc. signed a 120-month, $12 million lease for 58,000 square feet of office space.

Property: 9665 Granite Ridge Drive, San Diego

Lessor: Pacific Stonecrest Holdings, L.P.

Leasing agents: Dick Balestri of CB Richard Ellis represented the lessor. Russ Sande and Glenn Friedrich of The Sande Co. represented the lessee.

Lessee/square footage: Southland Title signed a seven-year, $2.25 million lease for 11,102 square feet of office space.

Property: 1925 Gillespie Way, El Cajon

Lessor: Metropolitan Provisions Holding II, LLC

Leasing agents: Arthur Bleier and Lawrence Becker of Voit Commercial Brokerage represented the lessor. Jim Renner of Inland Pacific represented the lessee.

Lessee/square footage: Kleran Label Corp. signed a seven-and-a-half-years, $1.68 million lease for 27,245 square feet of distribution space.

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