San Diego Business Journal

REAL ESTATE PROGRESS REPORT

Sales

Property: 7571-7581 Eads Ave., La Jolla

Seller: 7575 In The Village, LLC

Selling agents: Trenton Bonner and Mike Slattery of Grubb & Ellis/BRE Commercial represented the seller and Claudette Berwin of Gallery Properties represented the buyer.

Buyer/square footage: Coastal Development Co. purchased 21,079 square feet of apartments for future condominium conversions for $6.3 million.

Property: 1709 La Costa Meadows Drive, San Marcos

Seller: Edmiston Family Trust

Selling agents: Don Grant of Business Real Estate represented the seller and Jim Benson of Coldwell Banker Commercial-North County Properties represented the buyer and Barry Handler.

Buyer/square footage: Jacques Gourmet purchased a 66,718-square-foot building for $4.4 million.

Property: 5850 Oberlin Drive, San Diego

Seller: ZJR

Selling agents: Barry Mahlberg, Tim Hoag and Eric Vann represented the seller and buyer.

Buyer/square footage: CHD Development Co. purchased a 25,182-square-foot office building for $4.28 million.

Property: 171-180 Nettleton Road, Vista

Seller: MG Westwind Apartments LP

Selling agents: Jules Arthur and Steve Huffman of Hendricks & Partners represented the seller and buyer.

Buyer/square footage: Gene M. Jones purchased a 39-unit apartment community for $4.2 million.

Property: 9728 Marilla Drive, Lakeside

Seller: Pacific West Realty Group

Selling agents: The seller represented itself and Diane and Darcy Miramontes with Grubb & Ellis/BRE Commercial represented the buyer.

Buyer/square footage: CG Residential, LLC purchased 13.15 acres of land for future condominium development for $3.7 million.

Property: 8862 La Mesa Blvd., La Mesa

Seller: Dan Floit

Selling agents: George Carlson of Burnham Real Estate represented the seller and Jim Hendeshaw of ACI Commercial represented the buyer.

Buyer/square footage: Virgil and Ruth Gentzler purchased a 26-unit apartment community for $3.4 million.

Property: 4124-4144 University Ave., San Diego

Seller: Evershine II, LP.

Selling agents: Peter Orth, Paul Lafrenz and Don Mitchell of CB Richard Ellis represented the seller and Tracy Clark of Voit Commercial represented the buyer.

Buyer/square footage: William Lynch purchased a 13,100-square-foot neighborhood shopping center for $3.4 million.

Property: 2270 India St., Little Italy

Seller: Poway Investment, Inc.

Selling agents: B. Bohlken with GVA/IPC commercial represented the seller and Greg Wells with Grubb & Ellis/BRE Commercial represented the buyer.

Buyer/square footage: SD Group, LLC purchased .45-acres of land for $2.6 million.

Leases

Property: 295 Distribution St., San Marcos

Lessor: Health Best Distributors

Leasing agents: Don Grant and Trent France of Grubb & Ellis/BRE Commercial represented the lessor, and Mike Erwin of Grubb & Ellis/BRE Commercial represented the lessee.

Lessee/square footage: The Great Spice Co. signed an 80-month, $1.3 million lease for 30,140 square feet.

Property: 6060 Nancy Ridge Drive, #A-2, San Diego

Lessor: Sorrento Industrial, Inc.

Leasing agents: Rob Merkin of CB Richard Ellis represented the lessor and Andy LaDow of Grubb & Ellis/BRE Commercial represented the lessee.

Lessee/square footage: Equity Management Inc. signed a 49-month, $638,049 lease for 21,916 square feet of space.

Property: 3804 Main St., #3-5, Chula Vista

Lessor: JJB Hilltop Business Center

Leasing agents: Larry Becker of Voit Commercial Brokerage represented the lessor and Lee Stein of LJS Commercial represented the lessee.

Lessee/square footage: SWTMTS Inc., signed a five-year, $801,692 lease for 23,244 square feet of warehouse and distribution space.

CONSTRUCTION JOURNAL

Benchmark Landscape Inc. was retained to landscape more than 3 million square feet of slopes in Phase 2 of Sycamore Estates in the master-planned community of Stonebridge Estates in Scripps Ranch.

Master developers: McMillin Homes and Brookfield Homes.

Landscape designer: Van Dyke LLP.

Contract value: $1.8 million.

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Environmental Business Solutions has been retained as an adviser for Market Street Village in Downtown San Diego's East Village, on 14th Avenue between Market and G streets. The project will have 225 apartments and a 43,000-square-foot grocery store. Construction is expected to begin this month and wrap up at the end of 2005.

Developer: SRM Development.

Cost: Unavailable.

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G Force was hired by the San Dieguito Union High School District for special inspection and materials testing services during renovations of the San Dieguito High School Academy on Santa Fe Drive in Encinitas.

Construction manager: Douglas E. Barnhart Inc.

Architect: NTD Architects.

Cost: Unavailable.

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International Parking Design Inc. designed the Padres Parkade, a 10-level, 350,000-square-foot, 1,130-space parking garage that opened next to Petco Park in Downtown San Diego in the spring.

Owners: San Diego Padres and the Centre City Development Corp.

General contractors: Clark Construction and Douglas E. Barnhart Inc.

Structural engineer: Frame Design Group.

Fa & #231;ade designer: Studio E Architects.

Cost: $15.4 million.

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KMA Architecture & Engineering designed and provided engineering services for a new jury assembly area in the Federal Courthouse at 800 Front St. in Downtown San Diego.

Engineers: C & G; Engineering and Burkett & Wong.

Estimator: TurboCM.

Cost: Unavailable.

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Lundstrom & Associates, a civil engineering and land planning firm, completed plans for two projects by D.R. Horton Homes Western Pacific Housing on 207 acres in Otay Mesa. Westport is planned for 205 houses, and Spinnaker Point has 180 multi-family homes.

Cost: Unavailable.

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RSI Roofing will replace 71,500 square feet of roof on eight buildings, carports, a clubhouse and an office building for the Tiburon Homeowners Association in Carlsbad.

Cost: $130,000.

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Wilson/Duty Associates designed renovations for the 5,000-square-foot Cuyamaca Bank at Broadway and Magnolia Avenue in El Cajon.

General contractor: Machado Construction.

Cost: Unavailable.