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Real Estate & Construction



Real Estate Sales

Property: 8515 Chloe Ave., La Mesa

Seller: Colina Partners, Ltd.

Selling agents: Philip Buckley of CB Richard Ellis represented the seller. The buyer represented itself.

Buyer/square footage: RK Properties purchased a 86-unit apartment complex for $7.1 million.

Property: 4366 Menlo Ave., San Diego

Seller: Edwin B. Jones, III Trustee UDT

Selling agents: Rita Lancaster of San Diego Commercial Real Estate Services represented the seller. Jules Arthur of Hendricks & Partners represented the buyer.

Buyer/square footage: New Woodland Hills Corp. purchased a 27-unit apartment complex for $1.59 million.

Property: 1350 N. Melrose Drive, Vista

Seller: Hamann Construction

Selling agents: The seller represented itself. Hugh Saracino and Rik Floyd of Colliers International represented the buyer.

Buyer/square footage: Douglas E. Henline purchased 3.13 acres of land for $1.25 million.

Property: 830, 836, 840 N. Fig St., Escondido

Seller: First Olympus Realty Corp.

Selling agents: Ken Gotthelf of Colliers International represented the seller and the buyer.

Buyer/square footage: Keystone Communities purchased 1.63 acres of land for $721,000.


Real Estate Leases

Property: 15822 Bernard Center Drive, San Diego

Lessor: Pacifica Real Estate

Leasing agents: Bill Walker of Walker Commercial represented the lessee. Jay Alexander and John Hale of Colliers International represented the lessor.

Lessee/square footage: Garden Fresh Restaurant Corp. signed a 10-year, $5.8 million lease for 30,300 square feet of restaurant space.

Property: 12251 Iavelli Way, Poway

Lessor: Squire Family Trust

Leasing agents: Bill Haines of BRE Commercial/NAI represented the lessee. Ron Bement and Ted Cuthbert of CB Richard Ellis represented the lessor.

Lessee/square footage: Dixieline Lumber signed a five-year, $1 million lease for 29,250 square feet of distribution space.

Property: 2365 Northside Drive, Suite 400, San Diego

Lessor: Fifth Street Properties, LLC

Leasing agents: Richard Gonor of BRE Commercial/NAI represented the lessee. Stefan Khudic of Commonwealth Partners represented the lessor.

Lessee/square footage: General Dynamics signed a 36-month, $557,130 lease for 5,577 square feet of office space.

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