San Diego Business Journal

Real Estate Progress Report

Sales

Property: 7411 Herschel Ave., La Jolla

Seller: La Jolla's Country Club Apartments

Selling agents: Robert A. Collins of the Robert A. Collins Co. represented the seller. Trenton Bonner and Mike Slattery of BRE Commercial/NAI represented the buyer.

Buyer/square footage: Herschel Avenue LLC purchased a 22-unit apartment property for $6.5 million.

Property: 1226-1280 E. Valley Parkway, Escondido

Seller: M & H; Realty Partners

Selling agents: Donald J. MacLellan and Richard J. Walter of Faris Lee Investments represented the seller. Chuck Klein and Kevin Held of BRE Commercial/NAI represented the buyer.

Buyer/square footage: Chin & Ciardella, LLC purchased a 50,052-square-foot retail center for $5.4 million.

Property: 5770 Oberlin Drive, San Diego

Seller: Forrest Brehm

Selling agents: Louay Alsadek and Rick Reeder of BRE Commercial/NAI represented the seller. Brent Bohlken and Chuck Wasker of IPC Commercial Real Estate represented the buyer.

Buyer/square footage: The Alfred Brooks Family Partnership, L.P. purchased a 17,021-square-foot office building for $3.87 million.

Property: 2992 Miramar Road, San Diego

Seller: Martin-Long

Selling agents: Bob Mooney and Bill Haines of BRE Commercial/NAI represented the seller. Bryan Clendenen and Ann Cox of Group Financial, Inc. represented the buyer.

Buyer/square footage: IREA Properties, LLC purchased a 34,000-square-foot commercial building for $2.6 million.

Property: 1647 Grand Ave., San Diego

Seller: Deavon & Richard Badami

Selling agents: Alan Ursillo of AU Properties represented the seller. Michael Glickstein of IPC Commercial Real Estate represented the buyer.

Buyer/square footage: Vafaee Trust purchased an 18-unit apartment property for $2.25 million.

Leases

Property: 12160 Community Road, Poway

Lessor: Michael J. Foster

Leasing agents: The lessor represented itself. Brian Mulvaney and Marc Lipschitz of Voit Commercial Brokerage represented the lessee.

Lessee/square footage: Alba Action Sports signed a 15-year, $4.39 million lease for 27,000 square feet of retail space.

Property: 12220 El Camino Real, Suite 100, 110, and 120, San Diego

Lessor: Prentiss Properties

Leasing agents: Rick Reeder, Joe Anderson, and Dave Odmark of BRE Commercial/NAI represented the lessor. Dave Marino of Irving Hughes represented the lessee.

Lessee/square footage: Torrey Pines Bank signed a 10-year, $4.1 million lease for 11,545 square feet of retail space.

Property: 277 Rancheros Drive, San Marcos

Lessor: Morgan Stanley DW Inc.

Leasing agents: Bill Driscoll of CB Richard Ellis represented the lessor. Ron Miller of Burnham Real Estate Services represented the lessee.

Lessee/square footage: Countrywide Home Loans Inc. signed a five-year, $650,000 lease for 5,900 square feet of office space.

Property: 10575 Roselle St., San Diego

Lessor: The Shidler Group

Leasing agents: Glenn Arnold of BRE Commercial/NAI represented the lessor. Brent Jacobs of Burnham Real Estate Services represented the lessee.

Lessee/square footage: Eli Lilly and Co. signed a three-year, $306,000 lease for 10,000 square feet of commercial space.

Construction Journal

Johnson & Jennings General Contracting finished construction of a 39,000-square-foot space for Iomega at 10955 Vista Sorrento Parkway in Sorrento Valley.

Owner: Coast Income Properties.

Architect: Howard Sneed Architecture & Design.

Subcontractors: Wageman Co. Inc., Best Interiors, Montbleau & Associates, and Howard's Rug Co.

Cost: $1.7 million.

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Pacific Building Group completed improvements for KES and a speculative office suite in the Sky Park Office Plaza in Kearny Mesa totaling 5,100-square-feet.

Architect: Hurkes Harris Design Associates.

Subcontractors: National Air & Energy, Rick's Electric, Mission Valley Cabinets, G.A. Rogers Acoustics, Prism Floor Covering, The Schnell Co., and Indiana Painting.

Cost: $145,000.

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Smith Consulting Architects designed a 20,000-square-foot industrial and office building, which is under construction at 7270 Trade St. in Mira Mesa for a private owner that will occupy 7,000 square feet.

General contractor: Bycor General Contractors.

Engineers: Prime Structural Engineers, Partners Planning & Engineering, Rick's Electric, and Superior Air Inc.

Landscape architect: Ahles Landscape Architecture.

Brokers: Dean Asaro and Bill Strocko of CB Richard Ellis.

Cost: Unavailable.

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Taylor Frager Inc. is providing pre-construction services for the expansion of the White Sands La Jolla on 7 acres of oceanfront property in La Jolla. The project will add 45 independent living units and a 35-unit assisted living building over 250 parking spaces and a mechanical plant. Construction will begin in the fourth quarter of 2003.

Owner/developer: Southern California Presbyterian Homes.

Architect: M.W. Steele Group.

Cost: $28 million.

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Tucker Sadler Noble Castro Architects won the design contract from San Diego County for the 11,400-square-foot remodel and expansion of the nursery for the Polinsky Children's Center at 9400 Ruffin Court in Kearny Mesa. Construction will begin in September.

Interior designer: Aesthetics Inc.

Cost: $1.5 million.

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Wimmer Yamada and Caughey is the landscape architect for the 35-acre Alga Norte Community Park and an associated aquatics complex for Carlsbad.

Project architect: Tucker Sadler Noble Castro.

Aquatics designer: Aquatic Design Group.

Skate park designer: California Skateparks.

Engineers: Ninyo & Moore, R.E. Berg Engineering, and LSW Engineers.

Cost: $20 million.

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Send news of contract awards and construction commencement and completion for the Construction Journal to Mandy Jackson at mjackson@sdbj.com. Please include contractor, square footage, and construction cost.