Chart Sequal on World Trade
Leasing Notes are updated twice weekly and are now available in a fully searchable database format at www.sddt.com/databases/leasingnotes/.
Office: Chart Sequal Technologies Inc. has leased 24,541 square feet of office space at The Pulse Building in the Carmel Mountain Ranch submarket at 12230 World Trade Drive, San Diego 92128, from World Trade Partners, LLC, c/o Menlo Equities.
The property was leased for 88 months at $2.2 million.
The lessee was represented by Ron Magnaghi and Bryan Geisbauer, of Studley Inc.
The lessor was represented by Jay Alexander and Ryan Grove, of Jones Lang LaSalle (NYSE: JLL), and David Harper, of Colliers International.
The approximately 62,148-square-foot flex/office building was constructed in 1990 on it 4.85-acre lot, and sold in November 2004 for $9.8 million.
The building has a 14-foot ceiling height and two loading docks.
The property has 125 surface parking spaces for a ration of 3.99/1,000.
Retail: Five Guys Burgers has leased 2,500 square feet of retail space at 1348 West Valley Parkway, Suites A and B, Escondido 92029, from Escondido Valley Center 02, LLC, c/o GDA Real Estate. The property was leased for 10 years at $768,750.
The lessee was represented by Matt Moser, of Retail Insite.
The lessor was represented by Phil Lyons, Bruce Schiff and Andrew Peterson, of Cassidy Turley BRE Commercial.
Industrial: Optimal Nutrition Inc. has leased 9,800 square feet of industrial space at 7678 Miramar Road, San Diego 92128, from Barry Eggleston and Russell Eggleston. The property, leased for 12 months at $95,172, will be used for an office and warehouse for food and preparation.
The lessee was represented by Evan McDonald, of Colliers International. The lessor was represented by Helen Acree, of AWS Commercial Real Estate.
Office: Banyan Blomarkers Inc. has leased 2,070 square feet of office space at 4055 Oceanside Blvd., Suites N-S, Oceanside, 92056, from Franz-Atrium II, LP.
The property was leased for 25 months at $90,563.
The lessee was represented by Shawn Grover, of Grover Realty. The lessor was represented by Jon Walter, of Colliers International.
Industrial: Raine Industries Inc. has leased 1,672 square feet of industrial space at Rose Canyon Business Park, 4901 Morena Blvd., Suite 504-A, San Diego 92117, from PS Rose Canyon, LLC.
The property, leased for 36 months at $30,899, will be used for an office and warehouse for medical equipment distribution.
The lessee was represented by Evan McDonald, of Colliers International. The lessor was represented by Dan Purdy, of PS Business Parks.
Industrial: 2kool4skool has leased 1,200 square feet of industrial space at La Costa Meadows Business Center, 1615 South Rancho Santa Fe Road, Suite C2, San Marcos 92078, from
The lessee and lessor were represented by John Witherall, of Cushman & Wakefield and Joe Crotty, of Colliers International.
Warehouse: Brian L. Verrilli has leased 1,200 square feet of warehouse space at La Costa Meadows Business Center, 1615 South Rancho Santa Fe Road, Suite C1, San Marcos 92078, from Koll/Per La Costa Meadows, LLC. The property, leased for 24 months at $25,488, will be used for research.
The lessee and lessor were represented by John Witherall, of Cushman & Wakefield, and Joe Crotty, of Colliers International.
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.
