Real Estate Sales
Property: 38-acre lot located at Scranton and Barnes roads
Seller: Westbrook Partners
Selling agents: Phil Monroe and Adam Edwards of Burnham Real Estate Services, and Jay Borzi and Steve Silk of Secured Capital Corp. represented both the buyer and the seller.
Buyer/square footage: RREEF Funds purchased an 11-building lot for $130 million.
Property: 815 N. Mollison Ave., El Cajon
Seller: Chula Vista Oxford Center, LLC
Selling agents: Peter Scepanovic of Colliers International represented the buyer. Hal Weinberger of Harwin Enterprises represented the seller.
Buyer/square footage: Saranac Partnership, LP purchased a 32-unit apartment complex for $1.85 million.
Property: 4444 Zion Ave., San Diego
Seller: Terrence R. Caster, Trustee
Selling agents: Patrick Doyle of Doyle Investment Real Estate represented the buyer. Jack Duncan of Colliers International represented the seller.
Buyer/square footage: Nathaniel C. and Myra Berkowitz purchased a 6,600-square-foot office building for $860,000.
Property: 1125 W. Olive St., San Diego
Seller: LoansLive.com
Selling agents: Robert Bradwell of Black Mountain Realty represented the buyer. Bud Marsh of Colliers International represented the seller.
Buyer/square footage: Thymon Van Waveren purchased a 4,200-square-foot office building for $700,000.
Real Estate Leases
Property: 14110 and 14118 Stowe Drive, Poway
Lessor: Legacy Partners
Leasing agents: Shaun Burnett of Irving Hughes represented the lessee. Dennis Visser and Matt Kelly of BRE Commercial/NAI represented the lessor.
Lessee/square footage: QTRON, Inc. signed a 180-month, $40.02 million lease for 198,507 square feet of manufacturing space.
Property: 12770 High Bluff Drive, Suite 380, San Diego
Lessor: Square 24 Associates, LP
Leasing agents: Bill Cavanagh, Joe Anderson and Rick Reeder of BRE Commercial/NAI represented the lessee and the lessor.
Lessee/square footage: Cynthia R. Chihak signed a 60-month, $398,905 lease for 2,316 square feet of office space.