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Thursday, Mar 28, 2024
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Sales and leases

Sales

A 5,810-square-foot, seven-unit, two-story apartment complex located at 4625 Kansas St. has been sold for $980,000. James V. Carter of Apartment Realty Group (ARG) represented the buyer, a Los Angeles-based private investor. The seller and its representation were not disclosed.

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A two-story, 6,251-square-foot apartment complex located at 1049 Loring St. sold for $885,000. Gary B. Urtiaga and Joseph A. Burrough of Apartment Realty Group represented both parties, which were not disclosed.

Leases

Plaza Research Corp. leased 6,538 square feet of office space in Genesee Executive Plaza at 9339 Genesee Ave., Suite 100. The seven-year lease has a total consideration of $1.3 million. The lessee was represented by Brian Ffrench of Studley. The lessor, PCCP Janez Genesee LLC, was represented by Eric A. Northbrook, SIOR, and Christopher High of Cushman & Wakefield.

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US Medical Instrument leased 6,612 square feet of office space at 888 Prospect St., Suite 100 in La Jolla. The 36-month lease is valued at $676,225 and will be used for general office space. The lessee was represented by Jim Laing and Chris Holder of Cushman & Wakefield. The lessor, 888 Prospect LJ LLP, was represented by Michael Dyer and Pascal Aubry-Dumand, also of Cushman & Wakefield.

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Alarm Center Inc. leased 6,031 square feet of industrial space at Kearny Mesa Industrial Park, 7350 Convoy Court. The five-year lease is valued at $380,886. Doug Works of CB Richard Ellis represented the lessor, LBA Realty. Dottie Surdie of Sperry Van Ness represented the lessee.

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Rady Children’s Physician Management Services Inc. leased 4,650 square feet of office space at Regents Medical Center, 410 Regents Park Row, Suite 355 in La Jolla. The 84-month lease has a total consideration of $1,004,400. The lessee was represented by Chris Ross of Colliers International. The lessor, G & L 4150 Regents LLC, represented itself.

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High Velocitees Inc. leased 4,338 square feet of office and warehouse space at Centerpointe Commerce Park, 8920 Kenamar Drive. The 27-month lease is valued at $153,531. Dean Asaro of CB Richard Ellis represented the lessee and the lessor, H.G. Fenton Property Co.

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Click For Inc. leased 4,245 square feet of office space at 517 Fourth Ave., Suites 401 and 402. The 52-month lease will be used for an Internet services company. Financial terms were not disclosed. The lessee represented itself. The lessor, Euston Properties Inc., was represented by James Laing and J.P. Huntington of Cushman & Wakefield.

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Advibe Media Inc. leased 2,907 square feet of office space at 517 Fourth Ave., Suite 200. The 39-month lease will be used for an Internet media and services company. Financial terms were not disclosed. The lessee represented itself. The lessor was represented by James Laing and J.P. Huntington of Cushman & Wakefield.

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