Real Estate Sales
Property: NEC Palomar Airport Road at Melrose, Carlsbad
Seller: Palomar Melrose, LLC
Selling agents: Don Grant and Andy Melzer of BRE Commercial/NAI represented the buyer. Mike Philbin and Phil Monroe of John Burnham Real Estate Service represented the seller.
Buyer/square footage: Palomar Forum Assoc. purchased 62.2 acres of land for $10.8 million.
Property: 6502-6512 El Cajon Blvd., San Diego
Seller: Light Investment Co.
Selling agents: Long Le Vu of Delta Pacific Realty represented the buyer. Joe Greeno and Reg Kobzi of Grubb & Ellis represented the seller.
Buyer/square footage: Tony Huynh, Nam Dong Huynh, Gene Lee, Katherin Huynh, Hue Ngoc Dang, Loc Huynh and Phung Huynh purchased a 32,200-square-foot retail center for $2 million.
Real Estate Leases
Property: 4933 Paramount Drive, San Diego
Lessor: Spectrum 33, LLC
Leasing agents: Randall Wood of The Sande Co. represented the lessee. Jay Alexander and Andrew Zimsky of Colliers International represented the lessor.
Lessee/square footage: State Farm Mutual Automobile Insurance Co. signed a five-year, $1.11 million lease for 9,363 square feet of office space.
Property: 2651 La Mirada Drive, Bldg. B, A, Vista
Lessor: RCI Vista, LLC
Leasing agents: Barry Hendler of BRE Commercial/NAI represented the lessee. Dave Pinnegar of Colliers International and Barry Hendler of BRE Commercial/NAI represented the lessor.
Lessee/square footage: Glacier Water Services, Inc. signed a 60-month, $902,478 lease for 25,500 square feet of warehouse space.
Property: 5857 Owens Ave., Suite 102, Carlsbad
Lessor: The Shidler Group and Buie Irish Ventures
Leasing agents: Joe Anderson and Matty Sundberg of Business Real Estate represented the lessor. Peter Curry of Lee & Assoc. represented the lessee.
Lessee/square footage: Stephen Stahl dba Neuroscience Education Institute signed a five-year, $888,000 lease for 6,267 square feet of office space.
