Leasing Notes

 

October 4, 2010

 


Anusara leases in Encinitas

Leasing Notes are updated twice weekly and are now available in a fully searchable database format at www.sddt.com/databases/leasingnotes/.

Office: Anusara Inc. has leased 8,296 square feet of office space at 1010 South Coast Highway 101, Suites 101, 102, 109 and 110, Encinitas 92024, from Joel Hagar. The property was leased for 73 years at $1.86 million.

The lessee was represented by Kent Moore, of Cassidy Turley BRE Commercial. The lessor was represented by Peter Curry and Matt Campbell, also of Cassidy Turley BRE.


Office: Prommis Solutions, LLC has leased 7,316 square feet of office space at 9444 Farnham St., Suite 200, San Diego 92123, from Lomas Pacific II, LLC, c/o American Assets. The property was leased for five years at $787,462.

The lessee was represented by David Andes, of Newburger-Andes RE Investments. The lessor was represented by Duncan Dodd, Jack Kruger and Lindsey Smith, of Cassidy Turley BRE Commercial.


Office: MDA has leased 4,413 square feet of office space in Sorrento Mesa at 9990 Mesa Rim Road, San Diego 92121, from Shea Homes.

The property, leased for 58 months at $400,000, will be used for a non-profit health agency dedicated to curing muscular dystrophy.

The lessee was represented by Jeff Saywitz, of the Saywitz Company. Chris High, of Cushman & Wakefield, represented the lessor.

In late 2004, the 36,622-square-foot building was sold for $3.55 million. At the time of the sale, it was announced Shea planed to renovate the two-story facility for use by its San Diego homebuilding division.


Warehouse: Colure Hair Care or assignee has leased 3,840 square feet of warehouse space at Bella Vista Business Park, 921 Poinsettia Ave., Suite B-6, Vista, 92081, from Christopher J. Coseo. The property was leased for 24 months at $46,080, $0.50 gross.

The lessee was represented by Glenn Stokoe, of Coldwell Banker Commercial.

The lessor was represented by Joe Crotty, of Colliers International.


Industrial: Diem Nguyen and Bao Phuong Nguyen have leased 3,788 square feet of industrial space at Bella Vista Business Park, 921 Poinsettia Ave., Suite B-9, Vista 92081, from Christopher J. Coseo. The property was leased for 12 months at $22,728, $0.50 gross.

Joe Crotty, of Colliers International, represented the lessee.

Glenn Stokoe, of Coldwell Banker Commercial, represented the lessor.


Office: Pacific Environmental Inc. has leased 2,156 square feet of office space at La Costa Meadows Business Center, 1611 S. Rancho Santa Fe Road, Suite C, San Marcos 92078, from Koll/Per La Costa Meadows, LLC. The property was leased for 12 months at $20,698, $.80 gross.

John Witherall, of Coldwell Banker Commercial, represented the lessee. Joe Crotty, of Colliers International represented the lessor.


Retail: Michael Spilky and Mike DiNorscia, of Location Matters Restaurant & Retail Brokerage, represented Francesca's Restaurants in its Little Italy lease reported in this column on Sept. 16, 2010, and again as the Deal of the Week-Lease on Sept. 20.

The Chicago restaurant chain leased 5,000 square feet at 1655 India St., San Diego, from the Julius and Marietta Zolezzi Trust for 10 years at $1.9 million.


Editor's Note: Leasing Notes for publication must contain the names of the lessee and the lessor; address (including street name and number, city and zip code); square footage; length of lease; lease terms such as NNN; financial consideration; proposed use of space (if not evident from name of lessee); and the names of brokers and their firms representing both the lessee and the lessor.


 

October 4, 2010