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Monday, Feb 6, 2023
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Real Estate Leases

CB Richard Ellis announced that GameStop leased 1,200 square feet of retail space at 5665 Balboa Ave. from Balboa Realty. The five-year lease is valued at $230,400. Reg Kobzi of CB Richard Ellis represented the lessor. Brad Jones, also of CB Richard Ellis, represented the lessee.

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Sperry Van Ness Real Estate Services has leased 4,211 square feet of retail space at 16796 Bernardo Center Drive. The 10-year lease by California Bank and Trust is valued at $2.2 million. Ryan Litrich of Sperry Van Ness represented the lessor, Keller Family Trust. The lessee represented themselves.

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Fresenius Usa Manufacturing has leased 20,000 square feet of space from Koll. The property is located at 1611 S. Rancho Santa Fe Road in San Marcos, in the La Costa Meadows Business Center. The two-year lease is valued at $58 million. Mike Napierala of Coldwell Banker Commercial North County Properties represented the lessor and the lessee.

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The Inaja-Cosmit Band of Mission Indians has leased 1,250 square feet of office space at 2005 S. Escondido Blvd. in Escondido. The total consideration for the 36-month lease was $76,500. John Witherall of Coldwell Banker represented the lessor, Paul R. Stevens. The lessee’s representative was not disclosed.

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Grubb & Ellis|BRE Commercial announced that 7-Eleven has leased 2,500 square feet of retail space in Little Italy. The 10-year lease for the property located at 1459 State St. was valued at approximately $1.2 million. Linville Martin of Grubb & Ellis|BRE Commercial represented 7-Eleven in the transaction. Jim Walsh of Walsh Property Group represented the lessor, 335 West Beech.

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Intracorp San Diego has leased 2,640 square feet of office space at 701 B St. The four-year lease is valued at $299,318. Nick Bonner of CB Richard Ellis represented the lessee and Matt Carlson of Cushman & Wakefield represented the lessor, Trizec.

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The Muller Co. has leased 8,022 square feet of office space to Security Business Bank at 5901 Priestly Drive in Carlsbad. Joe Anderson and Brooks Campbell of Grubb & Ellis|BRE represented the lessor and Alex Perry and Steve Rosetta of Cushman & Wakefield represented the lessee. The 84-month lease is valued at $1.7 million.

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Santana’s Cuisine has signed a 10-year lease for 2,025 square feet of restaurant space at 3205 Mission Blvd. in San Diego. The lease is valued at $1.2 million. The lessor and lessee were both represented by Andrew Peterson of Grubb & Ellis|BRE Commercial.

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CLI has leased 2,475 square feet of office space to Family Gym International at 1033 B Ave. in Coronado. The total consideration for the transaction was $802,180 for nine years. The lessor was represented by Duncan Dodd of SIOR and Phil Linton and Michael Slattery of Grubb & Ellis|BRE Commercial.

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The warehouse located at 2340 Enrico Fermi Drive in San Diego has been leased to BYKEV International for $734,139. The 29,529-square-foot space is leased for 53 months. Regan Tully and Sylvie Togno of Grubb & Ellis|BRE Commercial represented the lessor and the lessee in the transaction.

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GM Business Interiors of San Diego has leased 13,975 square feet of industrial space at 9340 Cabot Drive in San Diego. The 60-month lease for $677,772 will be used for distribution and warehouse space. Bryce Aberg and Brad Tecca of Grubb & Ellis|BRE Commercial represented the lessor, Westcore Properties. Scott Ginsburg of Jones Lang LaSalle represented the lessee.

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Software Equity Group has leased 2,392 square feet of office space to Cognac Del Mar Owner. The 42-month lease is valued at $957,364. The property is at 12220 El Camino Real. The lessor was represented by Rick Reeder, Dave Odmark and Joe Anderson of Grubb & Ellis|BRE Commercial. Travis Carter of Irving Hughes represented the lessee.

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The 6,941-square-foot industrial space at 745 Design Court in Chula Vista has been leased by Miramar Corp. The $317,299 lease is for five years. The lessor, Otay Commercial Partners, was represented by Sylvie Togno of Grubb & Ellis|BRE Commercial. Regan Tully of Grubb & Ellis|BRE Commercial represented the lessor and the lessee.

, Compiled by Cassandra Dump

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