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Friday, Jun 14, 2024

Real Estate and Construction

Real Estate Sales

Property: Oceanside Business Park, Industry Street, Oceanside

Seller: Venture II, LLC

Selling agents: Jim Spain, Brian Strange and Josh McFadyen of Colliers International represented the seller. Louay Alsadek and Rick Reeder of Business Real Estate represented the buyer.

Buyer: OBP Investors, LLC purchased a 72,852-square-foot industrial park for $4.7 million.

Property: 2161 Saipan Drive, San Diego

Seller: Potomac Investment

Selling agents: Mark Langston of ACI represented the seller. Terry Jackson and Zack Swinscoe represented the buyer.

Buyer: Rosestone Properties, LLC purchased an 85-unit apartment community for $4.59 million.

Property: 215 N. Second Ave., El Cajon

Seller: San Diego Food Holdings, Inc.

Selling agents: Mike Moser and Dave Hagglund of CB Richard Ellis represented the seller. Brian Quinn of Flocke & Avoyer Commercial Real Estate represented the buyer.

Buyer: The Bragg Family Trust purchased 1.6 acres of land for $3 million.

Real Estate Leases

Property: 9050 Camino Santa Fe, San Diego

Lessor: Campson Corp.

Leasing agents: Neil Fox of Phase III Properties represented the lessee. Dave Odmark of BRE Commercial/NAI represented the lessor.

Lessee/square footage: Anadys Pharmaceutical signed a 31-month, $3.07 million lease for 35,212 square feet of research and development space.

Property: 1370 Decision St., Suite C, Vista

Lessor: Rancho Vista Industrial, LLC

Leasing agents: Gene Harris of Harris Co. represented the lessee. Todd Davis and Barry Hendler of BRE Commercial/NAI represented the lessor.

Lessee/square footage: Orthodontic Design and Production, Inc. signed an 84-month, $884,302 lease for 11,390 square feet of production space.

Property: 5151 Shoreham Place, Suite 230, San Diego

Lessor: Thunder River Technologies

Leasing agents: Dan Oury of BRE Commercial/NAI represented the lessee. Tom Wilcox of Voit Commercial represented the lessor.

Lessee/square footage: Clinical Interactions signed a 23-month, $333,743 lease for 6,832 square feet of office space.


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