Real Estate Sales
Property: 5960 Cornerstone Court W., San Diego
Seller: Olympia Group, LLC
Selling agents: Geoff Keys of Keys Whiteside represented the buyer. Stan Tomer, Pat Kane and Dick Balestri of CB Richard Ellis represented the seller.
Buyer/square footage: Kramer Capital III Prospect, LLC and D.P.L. Realty Investments II, LLC purchased a 28,231-square-foot office building for $5.17 million.
Property: 348 S. Twin Oaks Road and Valley Road, San Marcos
Seller: Regency Realty Group
Selling agents: Chris Rodriguez of California Retail Investments represented the buyer. Phil Lyons and Bruce Schiff of BRE Commercial/NAI represented the seller.
Buyer/square footage: Rio Mar Corp. purchased a 5,100-square-foot office building for $2.29 million.
Property: 540 Laurel Ave., San Diego
Seller: WMRP Delaware Holdings
Selling agents: Reg Kobzi and Joe Greeno of Grubb & Ellis represented the buyer and the seller.
Buyer/square footage: Park Laurel Investors, LLC purchased a 11,000-square-foot office building for $1.7 million.
Property: 1810-1822 Highland Ave., National City
Seller: Smith Family Trust
Selling agents: David Baker of Flocke & Avoyer Commercial Real Estate represented the buyer. Bill Thaxton of Flocke & Avoyer Commercial Real Estate represented the seller.
Buyer/square footage: Byron White purchased a 8,177-square-foot office building for $875,000.
Real Estate Leases
Property: 4235 Ponderosa Ave., San Diego
Lessor: Ponderosa Technology Park LLC
Leasing agents: Ron Kilby and John Cooper of CB Richard Ellis represented the lessee. David Crabb of Trammell Crow represented the lessor.
Lessee/square footage: AT & T; signed a 10-year, $2.35 million lease for 16,331 square feet of industrial space.
Property: 2602 Del Mar Heights Road, Del Mar
Lessor: Casa Norte, Ltd.
Leasing agents: Jeff Drew of Epstein & Associates represented the lessee. Craig Clark and Kathy Farr of C.W. Clark, Inc. represented the lessor.
Lessee/square footage: Blockbuster, Inc. signed a five-year, $645,540 lease for 4,200 square feet of retail space.
Property: 575 W. Chesapeake Drive, Vista
Lessor: Mission Viejo Family Partnership
Leasing agents: Bill Barnett and Chris Campbell of Burnham Real Estate Services represented the lessee and the lessor.
Lessee/square footage: Aladdin Bail Bonds signed a five-year, $558,456 lease for 2,400 square feet of retail space.
