San Diego Business Journal SALES:

San Diego-based Davlyn Investments Inc. purchased the Carlsbad Corporate Plaza, a two-building office park off Interstate 5 in Carlsbad, for $24.6 million. The seller was Carlsbad Corporate LLC of Nevada. Davlyn is the owner-operator of apartment buildings, condominium conversion projects and office buildings in Southern California. The firm has acquired $545 million in property to date.

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Centerpoint Plaza, a 97,000-square-foot, Class A office development on Priestly Drive in Carlsbad, sold for $26.6 million. The buyer was Muller-Centerpoint LLC, controlled by the Muller Co., a Laguna Hills real estate investment firm.

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San Diego-based MG Properties purchased Valle West Apartments on Pomerado Road in Poway for $15.9 million. The 126-unit apartment complex consists of eight two-story buildings on 4 acres.

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An office building on Murphy Canyon Road in Kearny Mesa sold for $6 million. The 26,700-square-foot office building was purchased by San Diego-based Pacific Coast Steel.

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Plaza 2020, an office building on Camino del Rio North in Mission Valley, sold for $30.5 million. The 107,000-square-foot building on 3 acres was purchased by Realty Associates Fund VIII LP.

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An office and warehouse building on Anchorage Place in Chula Vista sold for $3.3 million. The 13,600-square-foot building is one of 13 in the Venture Commerce Center developed by Venture Corp. of Marin County. Five buyers purchased the building, which will be set up as condominiums.

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The Pinnacle Executive Centre, a new 109,000-square-foot, Class A office development on Via Frontera in Rancho Bernardo, sold for $31.5 million. The buyer was the Muller Co., a real estate investment firm, in Laguna Hills.

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Alliant International University purchased 64 acres of land adjacent to its main campus on Pomerado Road in Scripps Ranch for $17 million. Alliant said it will use the land to expand its 60-acre campus.

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LEASES:

First Future Credit Union in San Diego has signed a 10-year, $1.3 million lease for 3,200 square feet of retail space on Poway Road in Poway. The site will be used as the credit union's 18th branch.

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ACA Baseball Academy LLC has signed a $153,000 lease for 5,000 square feet of industrial space on Linda Vista Drive in San Marcos. The lease runs 36 months.

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Carlsbad-based Sonartec Inc., a maker of golf woods, signed a $536,000 lease for 5,500 square feet of office space on Palomar Point Way in Carlsbad. The lease runs 60 months.

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Colantotte International Inc., maker of ion bracelets and necklaces, signed a $229,000 lease for 2,000 square feet of office space on Palomar Point Way. The lease runs 60 months. Colantotte's Trion:Z products are a joint venture of two Japan-based companies and Sonartec Inc., based in Carlsbad.

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Carlsbad-based Global Domains International Inc., provider of products and services to enhance or create personal or professional Web sites, signed a $282,000 lease for 5,200 square feet of industrial space on Las Palmas Drive in Carlsbad. The lease is for 36 months.

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L & L; Hawaiian Barbecue signed a $291,000 lease for 1,200 square feet of retail space on Las Posas Road in San Marcos. The lease is for 48 months. The Hawaiian restaurant franchise has several locations in San Diego.

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Soberon & Co. jewelry store signed a $172,000 lease for 900 square feet of retail space on South Coast Highway 101 in Encinitas. The lease runs 60 months.

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Vespa of Oceanside Inc. signed a $121,000 lease for 5,600 square feet of retail space on South Coast Highway 101 in Oceanside. The lease is for 12 months.

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Solo Sports Group Inc., a maker of batting practice equipment, signed a $49,000 lease for retail space on Copperwood Way in Oceanside. The lease runs 24 months.

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Chronicles Christian Bookstore signed a $350,000 lease for 2,200 square feet of retail space on El Camino Real in Encinitas. The lease is for 60 months.

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Newport Beach-based Landmark Asset Management Group, a real estate investment firm, signed a $173,000 lease for 1,300 square feet of retail space on Morehouse Drive in San Diego. The lease runs 60 months.

, Michelle Mowad