San Diego Business Journal SALES

Cruzan | Monroe has sold 5935 Darwin Court, a 52,260-square-foot building in Carlsbad, to RF Darwin LP for $15.25 million. The building serves as the global headquarters for Reef, a leading surf brand. Dennis Visser and Mark Emerick of Grubb & Ellis|BRE Commercial represented the seller. Greg Lewis, Bill Barnett and Doug Hogan of Cushman & Wakefield represented the buyer.

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La Salle has purchased a 74,891-square-foot office building, located at 5796 Armada Drive in Carlsbad, from Palomar Lowe for $27.5 million. Built in 2006 and 69 percent occupied, the structure sits on 3.7 acres a half-mile east of Interstate 5. Ron Jacobson and Bob Safai of Madison Partners represented the buyer and the seller.

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Brian Cox Mechanical Inc. has purchased the 29,122-square-foot Maredy Candy Co. building, located at 12155 Kirkham Road in Poway, for $4,783,124. The complex features 9,500 square feet of office space and 19,500 square feet of warehouse, including a 7,500-square-foot cooler. Dan Brennan of CB Richard Ellis represented the seller, the Maire-Huddy Family Trust. Glenn Arnold of Grubb & Ellis|BRE Commercial represented the buyer.

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Starburst Development LLC has sold Jeffrey and Krista Watts 3,736 square feet of office space located at 171 Calle Magdalena in Encinitas for $1,438,000. Karen Fuller and Todd Davis of Grubb & Ellis|BRE Commerical represented the seller. Carl Gillberg of Spirit Realty represented the buyer.

LEASES

Ducasse USA LLC has leased 7,930 square feet of industrial space from Joseph Filippi Trust for $409,234. The property, located at 1712 Logan Ave. in Logan Heights, is leased for 61 months. Nick Price of Voit Commercial Brokerage represented the lessee. Ryan Munson and Mike Morgan of Cushman & Wakefield represented the lessor.

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Scientific Investments LP has leased The Sullivan Group LLC 3,449 square feet of office space for $377,454. The property, leased for 36 months, is located at 12555 High Bluff Drive, Suite 210, in Carmel Valley. Bill Cavanagh of Grubb & Ellis|BRE Commercial represented the lessee. Mark Wayne and Steven Wolf of Cushman & Wakefield represented the lessor.

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Essex Property Trust has leased 3,179 square feet of office space at Crossroads, located at 404 Camino del Rio S. in Mission Valley, from Arden Realty LP. The property is leased for 36 months at $326,165. Derek Applbam and Eric Vann of Cushman & Wakefield represented the lessee. Cushman & Wakefield's Mark Wayne and Ron Miller represented the lessor.

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Sharp HealthCare has renewed its lease on 2,458 square feet of office space from Fourth and Grape LLC for $273,550. The property is located at 421 Grape St. in downtown San Diego and was leased for 60 months. Dan McCarthy and Jim Laing of Cushman & Wakefield represented the lessee. Steve Martini of Strom Commercial Real Estate represented the lessor.

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PGP Valuation Inc. has subleased 6,192 square feet of office space at Symphony Towers, located at 750 B St. in downtown San Diego, from CNL Real Estate Group Inc. for $277,092. The property is subleased for 18 months. Tim Cowden and Marc Frederick of Colliers International represented the sublessee. Jennifer Gallivan and Dan McCarthy of Cushman & Wakefield represented the sublessor.

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Grant Tucker , La Jolla has leased Fantastic Sams 920 square feet of retail space located at 7728 Regents Road, Suite 502, in University City for $205,152. The property is leased for 63 months. Carrie Bobb of CB Richard Ellis represented the lessee. Aaron Hill and John Jennings of Cushman & Wakefield represented the lessor.

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Pixel Active has leased 2,450 square feet of office space from Sunrise Properties & KW Fund I for $100,695. The property, located at 2382 Faraday Ave., Suite 150, in Carlsbad, is leased for 18 months. Brooks Campbell of Grubb & Ellis|BRE Commercial represented the lessee. John Hoffmann and Dan Tate of Cushman & Wakefield represented the lessor.

, Andrew Schweizer