The commercial real estate market still has a way to slide before it hits bottom, a group of industry professionals said during a recent roundtable at The Daily Transcript offices.
Wall Street Plaza in the village of La Jolla has signed two new leases totaling $5.4 million and more than 22,500 square feet, according to the Cushman & Wakefield Urban Property Group. The leases by Mike's La Jolla and Panera Bread are valued additions to the center, which last year saw the departure of the popular Jack's La Jolla restaurant and bar.
San Elijo Hills reports that Lennar has sold seven energy-efficient homes in Terraza, since the new neighborhood opened last month. The two-story homes range from 2,182 to 2,721 square feet and feature an extensive package of energy-saving features, including a SunPower solar system. Homes in the first phase are priced from the mid $500,000s. Terraza at San Elijo Hills is Lennar's (NYSE: LEN) latest all-solar neighborhood, offering three floor plans and a range of architecture that reflects Spanish Colonial, French Country, Craftsman and Prairie styles. The sales office is located at Wild Canyon Road and Festival Road in San Marcos.
July 30, 2010, 5 p.m. -- San Diego's web video news: Today's breaking major business events, economic, and financial announcements from The Daily Transcript/San Diego Source newsroom.
June 22, 2010 -- Executive Editor George Chamberlin speaks with Alejandra Mier y Teran, executive director for the Otay Mesa Chamber of Commerce, and Mark Watton, general manager of the Otay Water District, about the South County region.
10-0373613 -
The duplex
at 1455CaudorSt#1,
Encinitas,
CA92024,
was sold on 7/29/2010
at a tax value of $710,000.00
by Judy Stiles, successor trustee,
to M.B. Shores Corp254-412-057/28/2010
10-0378962 -
The house
at 8523AquariusDr
,
San Diego,
CA92126,
was sold on 7/28/2010
at a tax value of $360,000.00
by HSBC Bank USA, N.A., trustee,
to Daymon C. Beach and Muneera A. Beach309-111-038/2/2010
10-0379000 -
The condo
at 583CharlotteDr
,
San Marcos,
CA92069,
was sold on 7/28/2010
at a tax value of $218,000.00
by VOS Real Estate, Inc.
to Richard A. Martinez220-350-16-018/2/2010
10-0379063 -
The house
at 533BallantyneSt
,
El Cajon,
CA92020,
was sold on 7/28/2010
at a tax value of $169,000.00
by Deutsche Bank National Trust Co., trustee,
to JBM Enterprise, LLC483-351-278/2/2010
10-0379760 -
The house
at 1636Promontory RidgeWay
,
Vista,
CA92081,
was sold on 7/28/2010
at a tax value of $319,000.00
by Cornell A. Payne and Jackie Payne
to Ben M. Ran and Lillian W. Ran169-445-158/2/2010
Industrial Maintenance Supply Inc.
(Jim Spain and Josh McFadyen of Colliers International)
has leased
1,200square feet
of
industrial
space at
Creekside Business PArk2105 Camino Vida Roble, Suite D,
Carlsbad,
CA92008
from
Josepho Properties
(Spain and McFadyen).
The property was leased for
36months
at
$40,056.00and will be used for shop space and storage.7/30/2010
In-California, Inc.
(Bob Willingham of Coldwell Banker Commercial)
has leased
2,759square feet
of
industrial
space at
3516 Seagate Way, Suite 120,
Oceanside,
CA92056
from
Rock-Sea LLC
(David Onosko and Ron King of Coldwell Banker Commercial).
The property was leased for
13months
at
$25,824.24.$0.72 gross7/28/2010
Brass Locomotive, LLC
(Kevin Meissner of Cassidy Turley/BRE Commercial)
has leased
2,482square feet
of
industrial
space at
Sycamore Pointe Business Park1315 Hot Springs Way, Suite 104,
Vista,
CA92081
from
Rowland Heights, LLC
(Bob Willingham and John Witherall of Coldwell Banker Commecial).
The property was leased for
36months
at
$64,333.44.$0.72 gross7/28/2010
Martin Benowitz
(Brian Ffrench of Tenant Consulting Services)
has leased
1,686square feet
of
office
space at
Carlsbad Commerce Center2231 Faraday Ave., Suite 150,
Carlsbad,
CA92008
from
Carlsbad Commerce Center LP
(Jon Walters, Greg Lewis and Josh McFadyen of Colliers International).
The property was leased for
58years
at
$112,215.07.7/28/2010
urum Assembly Plus Inc.
(Arnie Friedman of Colliers International)
has leased
6,406square feet
of
industrial
space at
8827-31 Miralani Drive,
San Diego,
CA92121
from
R.J. Land Company L.P
(Friedman).
The property was leased for
36years
at
$207,540.00and will be used for manufacturing of electronics.7/28/2010