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Friday, Sep 13, 2024
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Real Estate & Construction



Real Estate Sales

Property: 651, 657, 663, 669, 675, 681 Palomar St.

Seller: Palomar Commerce Center, LLC

Selling agents: Arthur Bleier of Voit Commercial Brokerage represented the seller. Tom Aycock of A & A Realty Advisors represented buyer.

Buyer/square footage: SC/EC Palomar Industrial & Retail Center, LLC purchased an 8.5-acre lot for $11.5 million.

Property: 868 E. Alvarado St., Fallbrook

Seller: Village Avocado Crest, LLC

Selling agents: VPM Management represented the seller. Steve Huffman of Hendricks & Partners represented the buyer.

Buyer/square footage: Avocado Crest Condominiums LLC purchased a 48-unit apartment complex for $3.76 million.

Property: 12571 Laurel St., Lakeside

Seller: McMillin Family

Selling agents: The seller represented itself. Steve Huffman of Hendricks & Partners represented the buyer.

Buyer/square footage: Pacifica Hospitality Group, Inc. purchased a 34-unit apartment complex for $2.11 million.

Property: 7 31st St., San Diego

Seller: Green Toes GRP & Coatings, Inc.

Selling agents: John Lanza and Jim Marsh of Voit Commercial Brokerage represented the seller. Arthur Bleier of Voit Commercial Brokerage represented the buyer.

Buyer/square footage: Eliam, Inc. purchased a 20,000-square-foot storage building for $1.65 million.


Real Estate Leases

Property: 8885 Rio San Diego Drive, Suite 270, San Diego

Lessor: The Shidler Group

Leasing agents: The lessee represented itself. The lessor represented itself.

Lessee/square footage: The Department of General Services signed a six-year, $1.45 million lease for 9,388 square feet of office space.

Property: 5410 Eastgate Mall, San Diego

Lessor: Penske Truck Leasing

Leasing agents: Jay Alexander and Arnie Friedman of Colliers International represented the lessee and the lessor.

Lessee/square footage: Nicholas Grant Corp. signed a five-year, $445,956 lease for 2,400 square feet of industrial space.

Property: 133 Mata Way, Suites 105 & 106, San Marcos

Lessor: RGP Partners

Leasing agents: Howard Zatkin of Colliers International represented the lessee. Todd Davis of BRE Commercial/NAI represented the lessor.

Lessee/square footage: MVB Designs signed a three-year, $333,631 lease for 16,888 square feet of industrial space.

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