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Land under Mission Valley hotel sold

The leased 38,337-square-foot parcel under the Mission Valley Howard Johnson hotel at 1631 Hotel Circle South, San Diego 92108, has been sold for $1.08 million.

The buyer was Sublime Equities LLC, a California limited liability company, 1 Mauchly, Irvine 92618, with Walter A Friedman manager. Farmers & Merchants Bank of Long Beach provided a loan of $585,750.

The seller of the property (assessor's parcel 443-040-03) was Kurt Hippen.

Tommas Golia and Vince Provenzano, of Pacific Coast Commercial, represented the seller and buyer. Title services provided by Carmen Vinti, of Corinthian Title.

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