ESCONDIDO, CA-Fakitimi & Mohtashami acquires the property from the Eye Counseling & Crisis Services Inc. for $995,000. The buyer plans to open a 4,000-sf dental office in the building and lease out the remaining space.
SAN DIEGO-The topping out marks the halfway point for construction on phase one of Liberty Station's Office District. Developed by McMillin Commercial, a Corky McMillin Co., the Office District will eventually include seven facilities encompassing a total of 380,000 sf.
CALABASAS, CA-Countrywide Financial Corp. prices a retail public offering of preferred securities that represent an undivided beneficial interest in the assets of Countrywide Capital Trust IV.
SAN DIEGO-Pan Pacific Retail Properties Inc.'s board of directors adopts new corporate governance initiatives, which involve the implementation of a code of business conduct & ethics policy and the creation of a lead independent director position.
SAN DIEGO-San Diego Mayor Dick Murphy announces the appointment of new members Jerry Schaefer and Abel Silvas to the Historical Resources Board, as well as the reappointments of current members.
SAN DIEGO-The international law firm of Paul, Hastings, Janofsky & Walker LLP inks a five-year lease to occupy the 3579 Valley Centre Dr. facility, which is one of five buildings located in Kilroy Realty Corp.'s 20-acre Del Mar campus.
OCEANSIDE, CA-Buyer Innovative Development Enterprises Inc. dba Hamann Construction plans to construct industrial build-to-suit facilities on the 10.76-acre site known as lot six. The parcel is located within Oceanside's 350-acre Ocean Ranch Corporate Centre.
SAN DIEGO-KMA Architecture & Engineering wraps up renovations and additions to the La Jolla Presbyterian Church. The project entailed the construction of two new facilities encompassing a total of 37,000 sf, additional parking and a courtyard.
CARLSBAD, CA-Summit Realty Advisors pays $4 million to Teknon LLC for the 27,262-sf facility. In conjunction with the sale, Teknon LLC inks a 10-year lease to occupy the building.
SAN DIEGO-Stephens Properties LP acquires the property from M.V. Phoenix Associates LLC, which originally purchased the asset for $5.5 million in December 2001. Located at 3517 Camino Del Rio South, the property was 92.7% leased at the time of sale.