San Diego Business Journal

SALES

Jett Holdings LLC purchased 0.8 acres of land at North Avenue in Vista for $897,000. Adam Molnar of Coldwell Banker Commercial represented the seller, North Avenue Vista I LLC. The buyer’s representation was not disclosed.

LEASES

Rachas Inc., dba Chuze Fitness, leased 21,500 square feet of retail space at Santee Town Center, 215 Town Center Parkway, in Santee. The seven-year lease is valued at $1,225,500. Chad Iafrate of Grubb & Ellis|BRE Commercial represented the lessee. John Jennings of Cushman & Wakefield represented the lessor, MIS Limited.

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Sencer Enterprises Inc., dba Ace Hardware of Carlsbad, leased 6,600 square feet of retail space at 7188 Avenida Encinas, Suite 110, in Carlsbad. The 10-year lease is valued at $1,428,701. Marty Olejarczyk of De Rito Partners Inc. represented the lessee. Phil Lyons and Bruce Schiff of Grubb & Ellis|BRE Commercial represented the lessor, Oberlin Partners LLC c/o Anza Pacific Properties Inc.

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The Boss Law Firm leased 10,000 square feet of office space at Centrewest Plaza, 9710 Scranton Road, Suite 300, in Sorrento Valley. The 66-month lease is valued at $1,168,398. Glen Friedrich represented the lessee. Steve Wolf and Brunson Howard of Cushman & Wakefield represented the lessor, AZNL-Centrewest LLC.

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Blue Apparel & Gifts leased 690 square feet of retail space at 1237 Prospect St., Suite M, in La Jolla. The five-year lease is valued at $328,749. Michael Slattery of Grubb & Ellis|BRE Commercial represented the lessee. Todd Law of Capital Growth Properties Inc. represented the lessor, 1237 Prospect St. LP c/o Capital Growth Properties.

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Access Scientific Inc. renewed and expanded its lease on 2,690 square feet of office space at Plaza Del Mar, 12526 High Bluff Drive, Suites 360 and 370, in Carmel Valley. The 39-month renewal is valued at $245,000. David Marino of Irving Hughes represented the lessee. Christopher P. High and Jeff Oesterblad of Cushman & Wakefield represented the lessors, Plaza Holdings Inc. and KDH US Real Holdings LLC.

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Corner Escrow leased 2,600 square feet of office space at 169 Saxony Road, Suites 203 and 204, in Encinitas. The three-year lease is valued at $188,587. Larry Cambra of Cushman & Wakefield represented the lessee. Ryan Grant, Peter Curry and Matt Campbell of Grubb & Ellis|BRE Commercial represented the lessor, Saxony Equities LP.

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Imeriti Inc. leased 2,000 square feet of office space at 337 S. Cedros Ave., Suites G and J, in Solana Beach. The three-year lease is valued at $137,832. Stacy Looney of Grubb & Ellis|BRE Commercial represented both the lessee and lessor, Harrison Properties, in the transaction. Peter Curry, Matt Campbell and Ryan Grant of Grubb & Ellis|BRE Commercial also represented the lessor.

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SMRT LLC leased 1,210 square feet of office space at Champions of the West, 12250 El Camino Real, Suite 140, in Carmel Valley. The space, leased for 24 months at a value of $80,000, will be used for general office space. Christopher P. High and Brunson Howard of Cushman & Wakefield represented the lessee and lessor, Champions of the West Plaza LLC.

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Friendly Spa 2 leased 930 square feet of retail space at 1500 E. Valley Parkway, Suite A, in Escondido. The three-year lease is valued at $45,307. Phil Lyons, Bruce Schiff and Andrew Peterson of Grubb & Ellis|BRE Commercial represented the lessee and lessor, Mission Federal Credit Union.

— Molly Pappas