Burnham Real Estate's Russ Stai and Buddy Norman represented the lessee in the Deal of the Week. The lessor was represented by Burnham's Tom van Betten, Jim Laing and Marc Posthumus. The deal was a lease by the county of San Diego of the 15,180-square-foot first floor of 112,000-square-foot, three-story Willow Creek Corporate Center office building at 10089 Willow Creek Road in Scripps Ranch for 84 months at $3.51 million. The lessor was LBA Realty Inc.. LBA purchased the 1983 building and 6.87-acre lot in spring 2006 for $23.5 million.
The space will be the new home of county's Department of Purchasing and Contracting. The department, responsible for all purchases of goods, materials and services for the county, is relocating from the County Operations Center in Kearny Mesa to the larger facility.