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Deal of the Week - Lease

Green Flash in Poway

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Todd Murphy, of Cassidy Turley's San Diego office, represented the lessors in the Deal of the Week.

The lessee, GFBC-DBA Green Flash Brewing Co., was represented by Ross Provenzano, of Urban Real Estate Services Inc.

The deal was a 10-year, $1.28 million lease by Green Flash Brewing Co., a San Diego-based, national craft brewery, for the 12,275-square-foot industrial building at 12260 Croswaithe Circle in Poway.

The lessors were the Rice Family Trust and the Hartman Family Trust.

The two-story building has a 20 percent office bailout one dock and one grade door, 22-foot ceiling and 25 parking spaces on a 40,075-square-foot lot. The brewery expects to open on the site in early 2015.

Green Flash's main facility in San Diego County is the 44,219-square-foot building at 6550 Mira Mesa Blvd. which it rented for 10 years at $5.7 million in fall 2010.

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