MURRIETA, CA-The Temecula-based construction company begins work on a 20,000-sf paint and body shop for 1st Class Collision. Scheduled for completion in January 2003, the single-story facility is rising on a two-acre lot located at 41720 Eastman Dr. in Murrieta.
SAN DIEGO, CA-Lend Lease has completed reconstruction of its senior living property in the University Towne Center area. The project, entailed adding six new units to the building, as well as a cafi, commercial kitchen, dining room and cafeteria, movie room, library, laundry room and exercise facilities.
TEMECULA, CA-Construction wraps up on the Pechanga Resort and Casino, which is valued at $175 million. The project includes a 14-story hotel, a two-story casino and a central plant.
CARLSBAD, CA-Construction on the class A development, known as Ocean Ridge, will begin this January. Designed to encompass 75,000 sf, the built-out project will feature a state-of-the-art energy management system with computerized security, as well as an integrated fiber optic cable and telephone systems network.
ESCONDIDO, CA-Known as the Escondido Valley Center, the property stands at 1348-1366 West Valley Parkway. Encompassing 46,110 sf, it is anchored by Sports Authority, Staples and Tweeter.
CHULA VISTA, CA-The 20-year-old, 96-unit property sits on 8.78 acres and is 100% occupied. Apartment sales in San Diego County reached the highest level in 17 years this past quarter.
CARLSBAD, CA-The company will take 6,386 sf at 2804 Roosevelt St. in Carlsbad. It plans to use the newly leased space as a medical clinic, which will serve as Quality Care's fourth location.
RANCHO SANTA FE, CA-The locally based bank holding company signs a definitive agreement and plan of merger to purchase Bank of Coronado's outstanding common stock. The transaction, which is expected to close in the first quarter of 2003, follows on the heels of three other recent bank acquisitions by First Community Bancorp.
SAN DIEGO-The transactions involve a total of 14,227 sf in Mira Mesa Business Park and Seville Plaza. In the largest of the three deals, U.S. Healthworks has renewed its lease for 6,494 sf in Mira Mesa Business Park.
MIRAMAR, CA- Located one mile north of the city on a 15.53-acre site, the 10-building industrial property encompasses 174,413 sf. Its acquisition brings Harsch Investment Properties' local portfolio to a total of more than 500,000 sf, a figure that company officials say could top 1 million by the end of 2003.