LA JOLLA, CA-The brokerage firm signs a 10-year agreement for 17,500 sf of office space at the La Jolla Galleria mixed-use project. Smith Barney employees will move into the new location in April 2004.
SAN DIEGO-The city's multifamily sector has experienced a considerable rise in occupancy levels during the third quarter of 2003, according to new data on the region.
SAN DIEGO-Forest Health Services takes 5,878 sf in a class A, office property known as La Jolla Centre II. Located at 9255 Towne Centre Dr. in the Golden Triangle area of San Diego, the 10-story facility houses 148,278 sf of office space.
EL CAJON, CA-Avallone Commercial Properties LLC sells the Villa Terraza multifamily complex for $105,833 per unit. Located at 1059 E. Bradley Ave., the 30-unit property was built in 1989.
VISTA, CA-WenMar LLC acquires the local asset as an exchange upleg for the April 2003 sale of the Posada del Valle apartments in El Cajon. Encompassing 52,000 sf, the Vista property is currently occupied by Big Lots and Big 5 Sporting Goods.
CARLSBAD, CA-The firm shells out $15.3 million for the property, which is the fifth Carlsbad business park to be added to H.G. Fenton Co.'s portfolio. Completed in 2001, the industrial asset encompasses 73,480 sf.
PALM SPRINGS, CA-The Agua Caliente Band of Cahuilla Indians wraps up completion of its new casino two weeks early. The facility, which occupies a full city block in Downtown, is part of the Spa Resort Casino.
LA JOLLA, CA-In a move that has strengthened its presence in five US markets and gained it entry into two more, Newland Communities has acquired 21 master-planned residential communities in a partnership with the California Public Employees' Retirement System.
SAN DIEGO-The residential real estate firm signs a 49-month agreement to occupy 14,098 sf of office space in Mission City Corporate Center. The property is located at 2355 Northside Dr. in San Diego.
SAN DIEGO-The San Diego City Council has named Robert A. McNeeley to the Centre City Development Corp.'s board of directors. He has been chosen to serve out the remainder of former director Reese Jarrett's term, which expires in May 2005.