ENCINITAS, CA-A group of private investors shells out $1.3 million for the complex, known as 3rd St. Located just one block from the ocean, the property stands at 203-13 3rd St.
CARLSBAD, CA-Forest W. Brehm of The Brehm Cos. picks up the 28,574-sf building, which stands at 2714 Loker Ave. West. The buyer plans to move into the facility's entire third floor, which encompasses 10,130 sf.
SAN DIEGO-The project, which is being built for Faith Presbyterian Church, will consist of a 7,500-sf fellowship hall and a 7,856-sf preschool education facility at build-out. Completion of the preschool is slated for this October, while construction of the church is expected to wrap up in January 2004.
SAN DIEGO-Cohen Financial has furnished the three-year, refinance debt placement for a 9,835-sf parking garage located at 1025 W. Laurel St. in San Diego. Terms of the loan include pricing based on the one-month LIBOR, as well as a 75% LTV.
SAN DIEGO-The county is still the sixth-ranked region in the state when it comes to matters of employment, despite a 0.3% increase in its unemployment level last month, according to a recent report by the California Employment Development Department.
CHULA VISTA, CA-A La Mesa-based LLC sells the multifamily asset to private investors Steve Burnham and Victor Olvera of San Diego. The 16-unit apartment complex stands at 280 H St.
CARLSBAD, CA-Private investors Judson E. Cornish and Christine A. Cornish acquire the nine-building, mixed-use asset from Brookwood Carlsbad Realty Investors LLC. The property, which is located on El Camino Real and Palmer Way, encompasses 233,751 sf.
VISTA, CA-Dollar Tree Stores Inc. has inked a five-year lease for 17,608 sf in the Vista complex known as Paperback Plaza. The retailer has already moved into its new location, which stands at 1090 E. Vista Way.
ESCONDIDO, CA-Chin Ciardella Investments LLC acquires the 50,052-sf shopping center from M&H Realty Partners IV LP. Current occupants here include Ralph's, Carl's Jr., 99 Cent Only and Everything $5.
SAN DIEGO-DRA Advisors/Landmark Asset Management Group picks up the high-rise office tower that is home to First National Bank of San Diego and numerous other tenants. Located at 401 West A St., the 27-story building is considered a Downtown San Diego landmark.