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NEWS
The 72-unit Montecito Point Apartments at 4179 Third Ave. in the Hillcrest area of San Diego has been sold for $17.5 million. The buyer was G.W. Williams Co. of San Mateo. The seller (assessor's parcel 444-512-02) was Hillcrest Montecito LP of San Diego by HM Genpar LLC, a California limited liability company with GA Ranglas as its manager.
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Leasing Notes are updated twice weekly and are now available in a fully searchable database format at www.sddt.com/databases/leasingnotes/.
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San Diego-Imperial Counties Development Services Inc., dba San Diego Regional Center, has leased 16,896 square feet of office space at 2727 Hoover Ave., Suite 100, National City 91950, fromMcMillin Properties LLC. The 10-year lease is valued at $3.21 million.
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The Corky McMillin Cos. has promoted Gregory Schulte, who joined the company in 2004, to chief accounting officer, announced Scott McMillin, chairman of the board for The Corky McMillin Cos.
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BIOTECH
Lankford & Associates Inc., a local developer of such projects as Broadway 655, Smart Corner and the Scripps Northridge office park, has been selected to build a $115 million, 135,000-square-foot stem-cell facility for the San Diego Consortium for Regenerative Medicine.
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For the fourth-consecutive month, the number of existing home re-sales in San Diego County increased compared with the previous month, as April provided 541 more sales than March.
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The multi-tenant, 25,250 square-foot, industrial/retail property at 1022 W. Morena Blvd. in San Diego 92110, for $4.4 million. The buyer was Morena Marsea LLC, a California limited liability company, 3456 Ingraham St., San Diego 92109. Paul Maidoff and Connie Maidoff are the managers of Morena Marsea. The sellers of the property were June Carlee McGrath and Laurie C. McGrath as co-trustees of the McGrath family trust.
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The board of directors of the Downtown San Diego Partnership announced its support of Allied Waste Services’ proposed Sycamore Landfill Master Plan.
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San Diego-based Equity Based Services Inc. has acquired Storage Works in Saginaw, Texas.
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Leon A. Ralph has joined Cushman & Wakefield in San Diego County as manager of financial analysis.
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SPECIAL REPORT
Real Estate Regional Report 2008

Get updated on some of the latest developments around San Diego County, and gain new insight into some of the key issues facing the building industry.

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Get updated on some of the latest developments around San Diego County, and gain new insight into some of the key issues facing the building industry.

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Last Updated 5/12/2008

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Last Updated 5/12/2008




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