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Real Estate and Construction



Real Estate Sales

Property: 4646 Convoy St., San Diego

Seller: Asset Preservation, Inc. as intermediary for R & H Convoy Ltd.

Selling agents: Larry Bogle of Retail Properties Group represented the buyer. Richard Lebert of Colliers International represented the seller.

Buyer/square footage: New Landmark Plaza LLC purchased a 20,168-square-foot retail center for $2.99 million.

Property: 900 Lane Ave., Chula Vista

Seller: Mahoney Intervivos Trust

Selling agents: Bob McComb of Starboard Commercial Brokerage represented the buyer. Dough Matheson of CB Richard Ellis represented the seller.

Buyer/square footage: Scotland-Colorado, LLC purchased a 18,782-square-foot office building for $2.12 million.

Property: 3888 Beech St., San Diego

Seller: Transportation Terminals Co.

Selling agents: Tim Mills or Burnham Real Estate Services represented the buyer. Fred Eder and Darrin Mullins of B.T. Commercial/Business Real Estate represented the seller.

Buyer/square footage: Goodall’s Charter Bus Service purchased an 8,000-square-foot industrial building for $1.77 million.


Real Estate Leases

Property: 9276 Scranton Road, San Diego

Lessor: WCB Thirty-One Ltd. Partnership

Leasing agents: Philip C. Linton of Grubb & Ellis represented the lessee. Mark Wayne, Dan Runyon, Steve Wolf and Geri Lascano of Burnham Real Estate Services represented the lessor.

Lessee/square footage: GlobeSpan Technologies, Inc. signed a five-year, $2.4 million lease for 15,111 square feet of office space.

Property: 1916 Palomar Oaks Way, Suite 150, Carlsbad

Lessor: CAC Associates

Leasing agents: Mark Emerick of BRE Commercial/NAI represented the lessee. Andy Melzer of BRE Commercial/NAI represented the lessor.

Lessee/square footage: Planet Earth Inc. signed a 36-month, $482,256 lease for 15,760 square feet of research and development space.

Property: 5541 Fermi Court, Suite 170, Carlsbad

Lessor: Carlsbad Associates No. 1 L.P. c/o Miller Global Properties

Leasing agents: Joe Anderson of BRE Commercial/NAI represented the lessee. Joe Andersone and Norm Kerlin of BRE Commercial/NAI represented the lessor.

Lessee/square footage: Transportation Management & Design, Inc. signed a 60-month, $673,215 lease for 6,065 square feet of office space.

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