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Friday, Sep 30, 2022
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Sales and Leases



SALES:

DJO’s corporate headquarters at 1430 Decision St. in Vista was bought by Bixby Land Co. for $31 million. The newly constructed, 111,639-square-foot, two-story building was sold by PRES-Vista LLC. Steve Rowland and Michael Roberts of Grubb & Ellis|BRE Commercial represented both parties in the transaction.

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Pacific Corporate Park, at 5870 and 5880 Pacific Center Blvd. in Sorrento Mesa, was sold by the Lichter Family Trust and Satterlee Family Trust to BioMed Realty Trust for $16.5 million. The two-building, two-story, 66,745-square-foot office and biomedical research project is leased to Artes Medical, which recently signed a five- year lease. Dave Odmark of Grubb & Ellis|BRE Commercial represented the buyer. Both sellers were represented by Brent Jacobs, Greg Bisconti and Brian Cooper of Burnham Real Estate.

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The Max Firstenberg Weinstock Family Trust bought the 10,030-square-foot Ranch at Scripps Trail Center in Scripps Ranch, from Pacemaker LTD for $5,675,000. The retail center is across the street from the Scripps Ranch Swim & Racquet Club at 10295, 10297 and 10299 Scripps Trail. John Drummond and Greg Wagner of Capital Growth Properties represented the buyer. Steve Willmore, Tony Albin and Larry Essig of Colliers International represented the seller.


LEASES:

Ricardo’s Fresh Mex has leased 1,900 square feet of retail space at the Hall of Justice food court for $242,097. The property was leased for 60 months by Samada LLC. Both lessor and lessee were represented by Corinna Gattasso, Bill Shrader and Serena Patterson of Burnham Real Estate.

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RBC Centura Bank has renewed its lease for 1,711 square feet of office space at 12520 High Bluff Drive, Suite 355, in San Diego. The property, leased for five years from Plaza Holdings Inc., is valued in excess of $300,000. Brian Klepacki of CB Richard Ellis represented RBC Centura Bank. Julie Allen Neal of Janez Properties represented Plaza Holdings Inc.

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About 1,100 square feet of office space has been leased in Equus Plaza by Wesley Medical Staffing for $80,000. The property, leased by Holualoa Mission Valley EQ LLC for 38 months, is at 2635 Camino del Rio S. Derek Applebaum of Burnham Properties represented the lessor. Nick Bonner of Coldwell Banker represented the lessee.

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Murata Electronics North America Inc. has leased 1,118 square feet of office space in the Vista View Plaza in San Diego from Westcore Properties for $50,507.88. The property, leased for 25 months, is at 6725 Mesa Ridge Road, Suite 226. Andy Irwin of CB Richard Ellis represented the lessor. Ryan Egli of CB Richard Ellis represented the lessee.

, Andrew Schweizer

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