Real Estate Sales
Property: 5505 Morehouse Drive, San Diego
Seller: The Shidler Group
Selling agents: Bret Gossett, Nick Psyllos, Tyson Moffatt and John Gross of CB Richard Ellis represented the seller. Stan Tomer and Pat Kane of CB Richard Ellis represented the buyer.
Buyer/square footage: L & B Depp Morehouse, Inc. purchased a 72,500-square-foot office building for $16.2 million.
Property: 5131 College Ave., San Diego
Seller: Oakwest College Square LLC
Selling agents: Richard Lebert of Colliers International represented the seller. Jerry McFarland of MCF Properties represented the buyer.
Buyer/square footage: San Diego GMC, LLC purchased a 14,805-square-foot retail building for $3.72 million.
Property: 1965 Plaza Real, Oceanside
Seller: Property Enterprises I, L.P.
Selling agents: Barry Hendler and Dennis Visser of BRE Commercial/NAI represented the seller. Glen Arnold of BRE Commercial/NAI represented the buyer.
Buyer/square footage: Charles and Alicia Foster purchased a 40,068-square-foot office building for $2.4 million.
Property: 4156 Avenida de la Plata, Oceanside
Seller: American Property Enterprises
Selling agents: Larry Strickland and Shane Strickland of Lee & Associates represented the seller and the buyer.
Buyer/square footage: Pio Pico, LLC purchased an 18,453-square-foot office building for $1.35 million.
Real Estate Leases
Property: 105 W. Eighth St., National City
Lessor: The Hennessey Group
Leasing agents: Dave Baker of Flocke & Avoyer Commercial Real Estate represented the lessor. The lessee represented the lessee.
Lessee/square footage: Atlantic Richfield Co. dba Arco signed a 20-year, $3.77 million lease for 50,000 square feet of land.
Property: 324 S. Twin Oaks Valley, Suite 125, San Marcos
Lessor: Regency Centers
Leasing agents: Phil Lyons and Bruce Schiff of BRE Commercial/NAI represented the lessor. Jeff Drew of Epsteen & Assoc. represented the lessee.
Lessee/square footage: Blockbuster signed an 84-month, $868,800 lease for 5,000 square feet of retail space.
