Cassidy Turley BRE Commercial Announces Recent Lease Transactions - November 17, 2011

Published on November 17, 2011

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SAN DIEGO – Cassidy Turley BRE Commercial, San Diego’s market leader in commercial real estate services, today announced the following lease transactions:

AmeriFirst Financial, Inc. leased 8,033 square feet of office space for five years, six months at 12544 High Bluff Drive, suite 100, from CLPF – Plaza Del Mar III, LP c/o Clarion Partners for $1.6 million. Tom van Betten of Cassidy Turley BRE Commercial represented the lessee in the transaction. Tony Russell of Jones Lang LaSalle represented the lessor.

The Kebab Shop Little Italy, Inc. leased 1,864 square feet of retail space for 10 years at 303 West Beech Street, suite C-2, from CityMark Properties, LLC for $769,272. Michael Burton, Danny Fitzgerald and Pasquale Ioele of Cassidy Turley BRE Commercial represented the lessor in the transaction. The lessee’s representation was not disclosed.

Ecomart, Inc. leased 9,508 square feet of retail space for three years, three months at 8199 Clairemont Mesa Blvd., suite A-1, from Diversified Properties c/o The Kirk Group for $460,353. Brent Williams of Cassidy Turley BRE Commercial represented the lessee in the transaction. Mark Caston of Voit Real Estate Services represented the lessor.
 
Kenny Brothers, Inc. dba Jersey Mike’s Subs leased 1,326 square feet of retail space for nine years, 11 months at 7836 Herschel Avenue, in La Jolla, from KTR Family, LLC for $393,643. Michael Burton, Danny Fitzgerald and Pasquale Ioele of Cassidy Turley BRE Commercial represented the lessee in the transaction. The lessor’s representation was not disclosed.

Security One Lending leased 4,159 square feet of office space for three years, one month at 3131 Camino del Rio North, suite 1460, from The Irvine Company for $344,329. Tom van Betten of Cassidy Turley BRE Commercial represented the lessee in the transaction. The lessor’s representation was not disclosed.

Dave Morgan CPA, Inc. leased 2,190 square feet of office space for five years at 12555 High Bluff Drive, suite 185, from Scientific Investments for $329,880. Eric Vann of Cassidy Turley BRE Commercial represented the lessor in the transaction. Bryan Geisbauer of Studley represented the lessee.

Tempo X Sports, LLC leased 1,400 square feet of retail space for five years at 2215 South Melrose Drive, suite 108, in Vista, from TMACK, LLC for $222,983. Phil Lyons, Bruce Schiff and Andrew Peterson of Cassidy Turley BRE Commercial represented the lessor in the transaction. Geri Savitt of NAI San Diego represented the lessee.

The Naumann Law Firm, PC leased 1,779 square feet of office space for five years, six months at 10731 Treena Street, suite 101, from Treena Street Investors for $160,504. Chris Hobson, Bob Kuzman and Eric Vann of Cassidy Turley BRE Commercial represented the lessor in the transaction. Ryan King and Chris High of Cushman & Wakefield represented the lessee.

Saul Odes & Maria Rill leased 548 square feet of retail space for five years at 1051 13th Street, suite C, in Imperial Beach, from MPMB Properties, LLC for $47,390. Mike Clark, Joe Yetter and Brent Williams of Cassidy Turley BRE Commercial represented both the lessor and the lessee in the transaction.

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,400 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $18 billion in 2010, manages 455 million square feet on behalf of private, institutional and corporate clients and supports more than 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. In 2010, the firm enhanced its global service delivery outside of North America through its partnership with GVA. Please visit www.cassidyturley.com for more information about Cassidy Turley.

Cassidy Turley provides regional real estate services with local San Diego market leader Cassidy Turley BRE Commercial. The company’s dominant market presence includes more than 160 professionals and staff in five local offices and recorded nearly $1.2 billion in transactions in 2010. For more information about Cassidy Turley BRE Commercial, please visit www.brecommercial.com.

Lesley-Joann Kolb

858.625.5244

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