Real Estate Sales
Property: Poway Corporate Center, Poway
Seller: Tech Business Center, LLC
Selling agents: Ted Cuthbert, Brent Wright, and Rick Sparks of CB Richard Ellis represented the seller. Dave Marino of The Irving Hughes Group represented the buyer.
Buyer: Applied Micro Circuits Corp. purchased a 31.66-acre site for $17.10 million.
Property: 10805 and 10807 Thornmint Road, San Diego
Seller: McMillin Commercial
Selling agents: Ted Cuthbert and Gary Williams of CB Richard Ellis represented the seller. Brian Driscoll of Colliers International represented the buyer.
Buyer: Mission Federal Credit Union purchased two office buildings totaling 22,720 square feet for $3.22 million.
Property: 7736-7744 Fay Ave., La Jolla
Seller: MJ Trust
Selling agents: Thomas A. Davis and Kirk Tammel of Marcus & Millichap represented the seller and the buyer.
Buyer: Stephanie Trifelos and Dave Ryan purchased an 8,691-square-foot office building for $2 million.
Real Estate Leases
Property: 540 Broadway, San Diego
Lessor: AGL Investments No. 2, Ltd. Partnership
Leasing agents: Bill Shrader and Doug Hogan of Burnham Real Estate Services represented the lessor and the lessee.
Lessee/square footage: Latte, Inc./Faz Restaurants signed a 10-year, $1.2 million lease for 7,375 square feet of restaurant space.
Property: 825 Fifth Ave., San Diego
Lessor: Street Retail West GP
Leasing agents: Bill Shrader of Burnham Real Estate Services represented the lessor and the lessee.
Lessee/square footage: Quatro Gati signed a 10-year, $1.68 million lease for 8,000 square feet of restaurant space.
Property: 8885 Rio San Diego Drive, Suite 325, San Diego
Lessor: The Shidler Group
Leasing agents: Jack Kruger of Grubb & Ellis represented the lessor. Michael Jordan of CB Richard Ellis represented the lessee.
Lessee/square footage: American Express Travel-Related Services Co. signed a five-year, $568,000 lease for 4,480 square feet of office space.
