San Diego Business Journal

Two local construction companies have recently finished large commercial buildings in Sorrento Hills and Poway.

Ninteman Construction Co. of San Diego built a three-building office complex in the 3300 block of Carmel Mountain Road totaling 120,000 square feet with a two-level, 84,000-square-foot parking structure adjacent to them. The project was finished in late April.

Cathy Riley, a Ninteman spokeswoman, said the buildings were painted concrete tilt-ups. The parking structure was built of pre-cast and cast-in-place concrete. Ninteman's concrete crew did the structural work for the project, she added.

Retaining walls, slabs on grade, concrete on second-level metal decks and tilt-up concrete panels were among the pieces completed by the crew, she said.

The all-San Diego design team included the architectural firm of Brian Paul & Associates, structural engineers Burkett & Wong, mechanical engineers McParlane & Associates, and electrical engineers Kruse & Associates, she said.

Ninteman's crew included project manager Ray Hall, superintendent Pete Larsen, and project estimators Kevin Baker and Joe Grosshart.

San Diego-area subcontractors for Ninteman included Bannister Steel, Bergelectric, Bingham Mechanical, Brian Cox Mechanical, KTA Construction, Shoreline Builders, Skip James Wallcovering, Tower Glass, and Valley Landscape, Riley said.

Meanwhile, R.G. Petty Construction finished MC Direct's new corporate headquarters and manufacturing facility at 12650 Danielson Court in Poway. Pacific Cornerstone Architects of San Diego designed the 76,000-square-foot, two-story building, said Petty spokeswoman Karen Namy.

The building has a curved glass front entrance, 17,000-square-foot mezzanine and 28,000 square feet of office space. The balance of MC Direct's building will be used for manufacturing and warehouse space.

The major subcontractors were Pacific Coast Steel Inc. of San Diego, Schneider Gain Construction of Bonsall, South Bay Welding of National City, D.A. Whitacre Construction of El Cajon, Brady Co. of La Mesa, Collins Plumbing of Oceanside, Greater San Diego Air Conditioning of La Mesa and Bergelectric.

Project manager Tracy Niemeyer and superintendent Gunnar Waage were in charge of the project for Petty, Namy said.

In Oceanside, Bycor General Contractors Inc. of San Diego started work late last month on a 4,391-square-foot building for the Vista Community Clinic at 818 Pier View Way. Rich Byer, president of Bycor, said he expects to complete the project late this month.

Roel Construction Co. Inc. finished up tenant improvements last month for California Bank & Trust's branch at 8252 Clairemont Mesa Blvd., said company spokeswoman Jacquie Johnston.

Sandra Clark of Space Matters was the coordinator and Maria Lopez of Hurkes Design Associates was the interior designer. Both are San Diego companies. Bryan Toscani was Roel's project manager.

San Diego-based subcontractors on the project included Rock Enterprises, Interior Wood, Western Insulation, Custom Floor Care, TP Acoustics, Shaw Contract Flooring, Anchor Construction Specialties and Schmidt Fire Protection, she said. Duda Construction, Superior Door Systems, and Caldwell Glass, all of El Cajon, also worked on the project.

Other subcontractors were East County Tile & Marble of Santee, Dutch Masonry of Escondido, Casper Co. of Spring Valley and Brady Co./San Diego of La Mesa.

Solatube Buys Phoenix Firm

Vista-based Solatube International Inc., an innovator of the tubular skylight, recently acquired the assets of Phoenix-based SunLight Systems, another manufacturer of tubular skylights marketed under the SunStar name.

The acquisition was completed April 6. Solatube, which has 70 employees, purchased the 15-employee SunLight for an undisclosed sum.

The acquisition of SunStar will help Solatube gain greater access to the market, said David Rillie, chief executive officer of Solatube.

"The SunStar product line features interesting concepts that mirrored our quality design philosophy," Rillie said. "Additionally, SunLight has developed distribution in many areas of the country where our distribution was underdeveloped. It was a natural to bring the two brands together."

Solatube will purchase SunLight's manufacturing equipment, inventory, patents and trademarks, including the SunStar brand.

Dennis Grubb, president of SunLight Systems, will join Solatube as director of business development.

In 1989, Solatube created a new category within the skylight industry with the Australia launch of its original "tubular skylight" , a compact skylight with a roof-mounted dome connected to a shaft with reflective silver film that transfers sunlight down into the living space.

Realty Income Corp. Notes Good First Quarter

Realty Income Corp. of Escondido recently reported positive first quarter 2000 operating results and an increase in its monthly dividend.

The monthly dividend was increased for the 10th consecutive quarter. It's now 18.13 cents per share per month, said CEO Tom Lewis. That's up from 18 cents per share per month.

Funds from operation for the quarter ended March 31 increased 3.1 percent to $16.5 million as compared to $16 million for the same period one year ago, Lewis said.

REIT Acquires Encinitas Shopping Center

Pan Pacific Retail Properties Inc. of Vista has bought Wiegand Plaza I, a grocery store-anchored shopping center in Encinitas.

Stuart Tanz, president of the REIT, said the 122,500-square-foot center was purchased for about $11.8 million and financed through Pan Pacific's unsecured line of credit.

The property is on El Camino Real just north of Encinitas Boulevard. It is 98 percent leased and is anchored by a 58,000-square-foot Albertsons Supermarket and Drug.