Cassidy Turley BRE Commercial Announces Recent Transactions - August 2, 2010

Published on August 02, 2010

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SAN DIEGO (August 2, 2010) – Cassidy Turley BRE Commercial, San Diego’s market leader in commercial real estate services, today announced the following transactions:

Sales
Eddy Gosschalk purchased a 15,300-square-foot office building at 7863 La Mesa Blvd., in La Mesa, from Black Pearl Real Estate Investments, LLC for $1.6 million. Kerry Schimpf, Ken Ruppert and Cameron Czubernat of Cassidy Turley BRE Commercial represented the seller in the transaction. The buyer’s representation was not disclosed.

Leases
Giovanni’s Restaurant leased 5,580 square feet of retail space for 10 years at 9353 Clairemont Mesa Blvd., Suite A, from Ruffin Village, LLC for $1.2 million. John Orlando of Cassidy Turley BRE Commercial represented the lessee in the transaction. Julius Paeske of CFI represented the lessor.

Kleege Enterprises, Inc. leased 2,527 square feet of office space for five years, four months at 12625 High Bluff Drive, Suite 310, from OF 09 Hacienda, LLC for $490,777. Jack Kruger of Cassidy Turley BRE Commercial represented the lessee in the transaction. The lessor’s representation was not disclosed.

Phil Levi Insurance Agency, Inc. leased 3,697 square feet of office space for four years at 5910 Pacific Center Blvd., Suite 300, from The Realty Associates Fund VIII, LP for $264,756. Brad Tecca and Brett Ward, LEED AP, of Cassidy Turley BRE Commercial represented the lessor in the transaction. Andrew Ewald and Kevin Meissner of Cassidy Turley BRE Commercial represented the lessee.

Sambazon leased 981 square feet of retail space for five years at 2031 San Elijo Avenue, in Cardiff by the Sea, from Cardiff Towne Center, LLC for $247,509. Phil Lyons, CCIM, Bruce Schiff, CCIM, and Chad Iafrate, CCIM, of Cassidy Turley BRE Commercial represented the lessor in the transaction. Joe Yetter, Mike Clark and Brent Williams of Cassidy Turley BRE Commercial represented the lessee.
 
PLB Holdings dba Sport Clips leased 965 square feet of retail space for five years at 17476 Yorba Linda Blvd., in Yorba Linda, for $146,776. Randee Stratton of Cassidy Turley BRE Commercial represented the lessee in the transaction. The lessor’s representation was not disclosed.

Corelation, Inc. leased 2,538 square feet of office space for two years, two months at 2878 Camino del Rio South, Suite 315, from Interstate Plaza Association, LP c/o Orton Development for $120,856. Jack Kruger of Cassidy Turley BRE Commercial represented the lessor in the transaction. Marko Dragovic of Lee & Associates represented the lessee.

Karla Guzman dba Universal Party Store & Rentals leased 1,750 square feet of retail space for five years, two months at 2536 Rockwood Avenue, Suite 103, in Calexico, from Wally Properties LLC for $116,038. Joe Yetter, Mike Clark and Brent Williams of Cassidy Turley BRE Commercial represented both the lessor and the lessee in the transaction.

About Cassidy Turley BRE Commercial
Committed to remaining private and focused on the needs of clients, BRE Commercial has partnered with a group of market-leading private firms across the nation as founding fathers of a new company, Cassidy Turley. Cassidy Turley is one of the nation’s leading full-service commercial real estate firms, with $13 billion in annual transactions, 420 million square feet of managed space, 58 offices, 19 national markets and more than 25,000 Corporate Services locations.

Cassidy Turley BRE Commercial offers end-to-end services in all phases of commercial real estate transactions including leasing, investment sales, market research analysis, tenant advisory services, debt and equity placement, financial analysis and property management. The company serves all commercial property types including industrial, investment, office, life sciences, medical, retail, multi-family, restaurant/fast food, self-storage, senior housing and undeveloped land throughout San Diego County and Southern California. For more information about Cassidy Turley BRE Commercial, please visit www.brecommercial.com.

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