San Diego Business Journal

Real Estate Progress Report

Sales

Property: 2057 Aldergrove Ave., Escondido

Seller: Cabot Industrial Properties, LP

Selling agents: Barry Hendler of BRE Commercial/NAI represented the seller. Mike Erwin also of BRE Commercial/NAI represented the buyer.

Buyer/square footage: Taylor Trim & Supply, Inc. purchased a 42,333-square-foot industrial building for $4.1 million.

Property: 1211 Liberty Way, Vista

Seller: Cheryl Irwin-Tesmer and Eric Tesmer

Selling agents: The sellers represented themselves. Todd Davis of BRE Commercial/NAI represented the buyer.

Buyer/square footage: ADK, LLC purchased a 23,498-square-foot office building for $2.24 million.

Property: 3550 Afton Road, San Diego

Seller: Project Concern International

Selling agents: Mickey Morera and Jay Arnett of Burnham Real Estate Services represented the seller. Tom Nicholas of Colliers International represented the buyer.

Buyer/square footage: Balboa Medical Services purchased a 12,276-square-foot office building for $1.78 million.

Property: 4645 North Ave., Oceanside

Seller: MAJ Investors, LP

Selling agents: Jim Spain and Josh McFadyen of Colliers International represented the seller. Bob Saltzman also of Colliers International represented the buyer.

Buyer/square footage: Leon B. Monfort and Stasia Monfort dba Skiva Graphics purchased a 21,536-square-foot industrial building for $1.62 million.

Property: 13025-13029 Pomerado Road, Poway

Seller: Poway & Pomerado, LLC

Selling agents: Mike Clark and Joe Yetter of BRE Commercial/NAI represented the seller and the buyer.

Buyer/square footage: Gaslamp Investments, LLC purchased a 6,296-square-foot shopping center for $1.46 million.

Leases

Property: 1233 Simpson Way, Escondido

Lessor: F & F Centerpark Associates

Leasing agents: Daniel Knoke and Jay Alexander of Colliers International represented the lessor. Dennis Gault of Lee & Associates represented the lessee.

Lessee/square footage: Showcase Moulding signed a five-year, $237,182 lease for 4,837 square feet of industrial space.

Property: 10728 Prospect Ave., Suites C and D, Santee

Lessor: PMP, LP

Leasing agents: Ken Robak of ECP Commercial represented the lessor. Robert E. Zolezzi of BRE Commercial/NAI represented the lessee.

Lessee/square footage: Office Designs & Systems, Inc. signed a 62-month, $172,589 lease for 4,300 square feet of commercial space.

Property: 6730 Mesa Ridge Road, Suite A

Lessor: Mullrock Umbrella, LLC

Leasing agents: Chad Urie and Eric Northbrook of Colliers International represented the lessor. Tony Russell of BRE Commercial/NAI represented the lessee.

Lessee/square footage: Optrex America, Inc. signed a three-year, $147,455 lease for 3,442 square feet of office space.

Property: 9030 Kenamar Drive, Suites 311 and 312, San Diego

Lessor: H.G. Fenton Co.

Leasing agents: Dean Asaro of CB Richard Ellis represented the lessor and the lessee.

Lessee/square footage: Ecolab, Inc. dba GCS Services, Inc. signed a three-year, $114,655 lease for 3,360 square feet of commercial space.

Property: 4990 Greencraig Lane, Suite C

Lessor: Alpha Mechanical, Heating & Air Conditioning, Inc.

Leasing agents: Barry Slotten of IPC Commercial represented the lessor. Mark Rosengrant of Hanson Realty, Inc. represented the lessee.

Lessee/square footage: Global Business Support Systems, Inc. signed a two-year, $91,832 lease for 3,576 square feet of office space.

Construction Journal

Johnson & Jennings General Contracting completed a remodeling project for the 9,000-square-foot offices of Macaluso in One America Plaza at 600 W. Broadway in Downtown San Diego.

Property Manager: Sentre Partners.

Designer: Jossy + Carrier Design Group.

Subcontractors: Dynalectric, Resource Floors, Caldwell Glass, Best Interiors, Wageman Co., and Weather Engineering Inc.

Cost: $25,000.

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Ledcor Petty Construction is building the two-building, 200,000-square-foot first phase of a 13.4-acre project for Neurocrine Biosciences on El Camino Real in Carmel Valley. Concrete has been poured for the foundation, and structural steel and metal deck framing are being put into place.

Architects: Dowler Grumman Architects.

Subcontractors: Rick Engineering Co., Willert Contracting, Southland Paving, Overson-Rand Corp., Minegar Contracting, Fontana Steel, Williams and Sons, Lyle Faber, Bannister Steel, South Bay Welding, Anning Johnson, and Apex Pacific.

Cost: Unavailable.

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Pacific Building Group built out the 3,151-square-foot offices of Ceridian Employer Services in the Stonecrest office building at 9635 Granite Ridge Drive in the Mission Village area of San Diego, northeast of Mission Valley.

Designer: Facility Solutions.

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

Cost: $185,000.

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Roel Construction Co. is building Montefaro, a 48-unit luxury condominium project at 7255 Girard Ave. in La Jolla. It is expected to be done in the spring of 2004.

Developer: Centex Homes.

Architect: Martinez + Cutri.

Subcontractors: Fontana Steel, International Iron Products, Alcala Waterproofing, The Beirold Co., Aztec Sheet Metal, JP Witherow Roofing, Pella Windows, McBride Door, Raymond Interior Systems, Otis Elevator, Western Fire Protection, Collins Plumbing, Helm Corp., and Berg Electric.

Cost: Unavailable.

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Tucker Sadler Noble Castro Architects is acting as a construction administrator for renovations at three San Diego Unified School District facilities in Kearny Mesa Lafayette Elementary School, Lindberg/Schweitzer Elementary School, and Ross Elementary School. Construction will begin this fall and last until the fall of 2004.

Consultants: KPFF Consulting Engineers, TKG Consulting Engineers, BDS Engineering Inc., Salehi & Salehi Inc., William C. Kelly, Cumming LLC, and IR Security & Safety Consultants.

Cost: $7.5 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.