RANCHO BERNARDO, CA-Construction is under way on Pinnacle Executive Centre, a five-story, 108,844-sf class A office building. The $34-million project, located at 10920 Via Frontera, is a development of Via Frontera Inc.The project is set in a corporate office corridor that includes tenants such as Sony, Hewlett Packard, Northop Grumman and BAE Systems. The office project is set for a first quarter 2007 completion date.Pinnacle is being designed, according to Via Frontera officials, to with flexibility in mind. Space will be available from 1,000 sf to full floors. The project is steel and concrete design with stone and glass exteriors. The project architect is Leary Childs Mascari Warner Architects.Gary Williams and Elena Amble in the Carlsbad office of Colliers International are handling leasing on the project. According to the brokers, asking rent for the new space is $3.05 per sf per month plus utilities.Chris Coseo is the president of developer, Via Frontera. Coseo has a long track record in the area. Projects he has owned or developed include Santee Town Center, Fountain Plaza Office Park and Plaza Sorrento. Other projects on his resume include International Business Park, as well as the Red Hawk Industrial Park and Pacific Plaza Office Park in Temecula.Pinnacle Executive Plaza is not the only office development going up in Rancho Bernardo office market. In February, Lowe Commercial Development Co., a joint venture between Los Angeles-based Lowe Enterprises and the Teachers Insurance and Annuity Association, received final approval on a three-building, 277,000-sf office campus.

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