San Diego Business Journal

Real Estate Progress Report

Sales

Property: 9555 Chesapeake Drive, San Diego

Seller: K.M. Phoenix Associates LLC

Selling agents: Richard Gonor, Bill Cavanagh, Tony Russell, and Andrew Meyers of BRE Commercial/NAI represented the seller. Andrew Meyers of BRE Commercial/NAI also represented the buyer.

Buyer/square footage: Chesapeake Center, L.P. purchased a 58,811-square-foot office building for $8.72 million.

Property: 5670 Oberlin Drive, San Diego

Seller: Quite Investment Group

Selling agents: Steve Holland and Doug Lozier of CB Richard Ellis represented the seller. Jed Stirnkorb and Steve Wolf of Burnham Real Estate Services represented the buyer.

Buyer/square footage: Green Sand Investments purchased a 19,702-square-foot commercial building for $2.64 million.

Property: 1605 Presioca St., Spring Valley

Seller: Rimma Properties I, LLC

Selling agents: Robert Vallera and Adam Ozarski of IPC Commercial Real Estate represented the seller. The buyer represented itself.

Buyer/square footage: Frank Giordano and David and Terresa Park purchased a 16-unit apartment property for $1.66 million.

Property: 265 Via del Monte, Oceanside

Seller: MAJ Holdings, LP

Selling agents: Jim Spain and Josh McFadyen of Colliers International represented the seller. Karla Edwards of Transcontinental Management, Inc. represented the buyer.

Buyer/square footage: Fruit Salad, LP purchased a 15,400-square-foot industrial building for $1.12 million.

Property: 334 Mulberry Drive, San Marcos

Seller: The Weber Family Trust

Selling agents: Karen Fuller and Todd Davis of BRE Commercial/NAI represented the seller. Rick Marcus of Hanson Commercial represented the buyer.

Buyer/square footage: Zeljko Jovanic and Danica Jovanic purchased a 4,000-square-foot commercial property for $1.11 million.

Leases

Property: 6110 El Tordo, Rancho Santa Fe

Lessor: First National Bank

Leasing agents: Michael Dyer and Stephanie Schaefer of Burnham Real Estate Services represented the lessor and the lessee.

Lessee/square footage: Kachay Homes signed a 90-month, $1.3 million lease for 3,300 square feet of office space.

Property: 305 Enterprise St., Suite A, Escondido

Lessor: Enterprise Heights Industrial Centre Associates, LLC

Leasing agents: Tucker Hohenstein of Burnham Real Estate Services and Mike Erwin of BRE Commercial/NAI represented the lessor. Todd Davis also of BRE Commercial/NAI represented the lessee.

Lessee/square footage: Nexsan Technologies, Inc. signed a five-year, $629,646 lease for 13,772 square feet of commercial space.

Property: 3950 Clairemont Mesa Blvd., San Diego

Lessor: Scripps Health

Leasing agents: Bill Thaxton of Flocke & Avoyer Commercial Real Estate represented the lessor. Dave Ferguson of Goldman Ferguson Partners represented the lessee.

Lessee/square footage: North Island Financial Credit Union signed a 67-month, $596,946 lease for 4,500 square feet of commercial space.

Property: 3760 Sports Arena Blvd., Suite 1, San Diego

Lessor: Sports Arena Village, Ltd.

Leasing agents: Bill Thaxton and Jon Horning of Flocke & Avoyer Commercial Real Estate represented the lessor. Larry Sukay represented the lessee.

Lessee/square footage: Round One, Inc. dba Round One signed a five-year, $247,983 lease for 4,379 square feet of commercial space.

Property: 2910 Norman Strasse Road, Suites 104 and 105, San Marcos

Lessor: TriQuest Management

Leasing agents: Jim Spain, Josh McFadyen, and Brian Strange of Colliers International represented the lessor and the lessee.

Lessee/square footage: Athercomm, Inc. signed a two-year, $62,196 lease for 3,216 square feet of industrial space.

Property: 620 Venture St., Suite C, Escondido

Lessor: Breakthru Enterprises, LLC

Leasing agents: Don Grant of BRE Commercial/NAI represented the lessor. Trent France also of BRE Commercial/NAI represented the lessee.

Lessee/square footage: Thomas J. Swallows and Brennan M. Warde signed a one-year, $28,572 lease for 3,450 square feet of commercial space.

Construction Journal

KMA Architecture & Engineering was retained by the Associated Builders and Contractors' Apprenticeship Training Trust Program to convert and expand its office building at 13825 Kirkham Way in Poway from 33,750 to 45,000 square feet. KMA is providing architectural, engineering, and schematic planning services.

Structural engineer: Nowak & Wiseman.

Landscape architect: Teshima Design Group.

Construction manager: Dave Perkins.

Cost: Unavailable.

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Ninyo & Moore Geotechnical and Environmental Sciences Consultants was retained by the city of Coronado for materials testing and inspection services for construction of the Glorietta Bay Master Plan Project, which includes a 17,000-square-foot city hall, a 42,000-square-foot community center, and two pools.

Architect: Robbins Jorgensen Christopher.

Cost: $30 million.

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Pacific Building Group finished the 21,227-square-foot offices of Mercury Insurance Inc. in the Stonecrest office building at 9635 Granite Ridge Drive, Suites 130 and 200 in Mission Valley.

Architect: AD Architects.

Subcontractors: Berg Electric, Brian Cox Mechanical, and Persky Plumbing.

Cost: $635,000.

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Roel Construction Co. completed the second phase of tenant improvement for six office suites totaling 16,500 square feet in the La Jolla Executive Tower in the University City area of San Diego.

Property manager: PM Realty Group.

Subcontractors: JSE Services, Equity Cabinets, La Mesa Glass, Interior Specialties, JSP Construction Co., Howard's Rug Co., General Coatings, California Comfort Systems, and Rick's Electric.

Cost: $229,845.