Surgical Center of San Diego has signed a new lease at Pacific Medical Plaza at 4910 Directors Place. The 12,500-square-foot deal had a total consideration of $5.3 million. The surgery center and Kilroy Realty, the landlord, were both represented by Colliers International.

San Francisco

Video game developer, Ubisoft, has renewed the lease for its San Francisco headquarters located South of Market. The company signed a seven-year deal for 42,000 square feet at 625 Third St., where it has been housed since 1996. Ubisoft will expand to a total of 62,000 square feet in San Francisco by the end of 2010, to accommodate an increase in employee growth. Studley’s San Francisco office represented Ubisoft in the transaction. Cushman & Wakefield Inc. represented Capital & Counties in the transaction.

Solazyme Inc. leased 74,210 square feet of R&D space at 201 Gateway Blvd. in South San Francisco from Fibrogen. Cornish & Carey Commercial’s Palo Alto office represented both parties.

Los Angeles

Construction of Downtown’s massive, $56 million, Civic Park, which is part of the ambitious Grand Avenue plan, could start in little more than a month and be finished in two years, according to documents reviewed last week before the Board of Commissioners of the Community Redevelopment Agency of the City of Los Angeles. The board approved final construction documents for Civic Park, a required step before the plans are submitted to Los Angeles County and the Los Angeles Grand Avenue Authority, the entity overseeing work on the Grand Avenue development. Although the start of Phase 1 of the three-phase, 3.6-million-square-foot Grand Avenue Project at the top of Bunker Hill has been delayed, work on Civic Park is moving forward. Once the Grand Avenue Authority approves the park construction documents, work can start as early as late June this year, with 24 months for construction and a June 2012 opening. “In the heart of Los Angeles’ civic and cultural center, Civic Park will remake a neglected and often overlooked public space into a spectacular community gathering space, make Downtown more livable and create what will likely become an iconic park for Los Angeles,” says CRA/LA board chairman Bruce Ackerman in a prepared statement. Hill Street and Broadway divide the four block, 16-acre site. The park will be built on the existing Los Angeles County Mall and Court of Flags, plus the surface parking lot next to City Hall, all of it County-owned land. It is bordered by buildings along both its north and south sides. The proposed design ties the site together, creating a connected, unified park. Using the grade changes as an asset, the plan envisions amphitheater steps and planted terracing for pedestrian ramps where none exist now and vertical space for outdoor seating. Civic Park funding consists of $50 million from leasehold acquisition fees pre-paid for Phases I and II, interest earnings of $750,000 on those fees, state Proposition 40 park funds of $970,000 and future interest earnings on leaseholds of $4.28 million.

Industrial developer Watson Land Co., has leased 119,077 square feet of industrial space within the Dominguez Technology Center to C.H. Robinson Worldwide. The five-year lease is valued at $5 million. The Eden Prairie, MN-based company is relocating from its prior location in Compton, CA, in order to expand its operations and bolster its global distribution platform. The property is located at 18620 Harmon Ave. in Carson.

NorthMarq Capital’s Los Angeles regional office, arranged a $6.1 million supplemental mortgage for the Park Sierra Apartments, a 776-unit multifamily complex located in Canyon Country, CA. Financing was arranged for the borrower by NorthMarq through its seller-servicer relationship with Freddie Mac.

Seattle

Atlanta-headquartered Apartment Realty Advisors, brokered the $8-million sale of Orchard Crest Apartments, a 136-unit multifamily property located just outside of Tacoma, WA. Seattle, WA-based senior vice president, Jim Claeys, represented the seller, Aspen Square Management, in the sale of the class “B” property. The property was acquired by Goldendale, WA-based Ross Management, a renewable energy company that recently disposed of some of its existing assets, leaving the company in a liquid cash state. According to Jim Claeys, “Orchard Crest was purchased as the leg up of multi-property 1031 exchange. Financing was provided by a new Fannie Mae loan with a 10-year cash out. Constructed in 1981, Orchard Crest Apartments is located at 5808 Hannah Pierce Rd. W in the University Place neighborhood of Pierce County. “With job totals of over 75,000 all within 10 minutes of the property, Aspen Square Management effectively leveraged the property’s location and accessibility resulting in an outstanding historical occupancy overall and that of 95% at the time of the sale,” notes Claeys in a prepared statement. Claeys further remarked, “that multifamily has finally begun to heat up, that there are an abundance of active buyers and that the market needs more saleable product like Orchard Crest.”