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Wednesday, Oct 4, 2023


Real Estate Sales

Property: Broadway Pines, 2650 Broadway, San Diego

Seller: BG7 Associates

Selling agents: Marcus & Millichap represented the buyer and the seller.

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Buyer: L.A. Apartment Partners purchased a 52-unit apartment complex for $2.35 million.

Property: 1011 Camino del Rio S., San Diego

Seller: N/A Mission Valley-42

Selling agents: Rob Hill and Steve Rowland of Burnham Real Estate Services represented the seller.

Buyer: KC M.V.P., LLC purchased a 61,559-square-foot office complex with a four-level subterranean parking garage for $7.5 million.

Property: 1315-1343 Third Ave., Chula Vista

Seller: Canton Limited 98, LLC

Selling agents: Jon Busse of Grubb & Ellis represented the buyer. The sellers represented themselves.

Buyer: Rancho Palomar purchased an 83,300-square-foot shopping center for $6.98 million.

Real Estate Leases

Property: 12120 Kear Place, Poway

Sublessor: Sea Corp.

Leasing agents: Steve Willhite of Grubb & Ellis represented the sublessee. Eric Hutchison of John Burnham & Co. represented the sublessor.

Sublessee: Littlefeet signed a 2-year, $267,840 lease for 9,000 square feet of industrial space.

Property: 2195 Faraday Ave., Suite A-D, Carlsbad

Lessor: Breezecom

Leasing agents: Dave Steffy of BRE Commercial/NAI represented the lessor. Mark Emerick of BRE Commercial/NAI represented the lessee.

Lessee: Excelsus Technologies signed a 40-month, $231,194 lease for 6,151 square feet of research and development space.

Property: 5857 Owens Ave., Suite 110, Carlsbad

Lessor: The Shidler Group

Leasing agents: Joe Anderson and Rick Reeder of Business Real Estate represented the lessor. The lessee represented themselves.

Lessee: Corporate Benefit Solutions and Retirement Solutions signed a 5-year, $144,000 lease for 1,145 square feet of office space.

Property: 5670 El Camino Real, Suite F, Carlsbad

Lessor: Brookwood c/o The Muller Co.

Leasing agents: Dave Steffy of BRE Brokerage Co./NAI represented the lessor. John Jennings of John Burnham represented the lessee.

Lessee: GSM Wireless signed a 48-month, $139,842 lease for 2,111 square feet of warehouse and distribution space.


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