Cassidy Turley BRE Commercial Announces Recent Transactions - September 15, 2011

Published on September 15, 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 transactions:

Sales
Daisas Medical LLC dba Medifast purchased a 4,375-square-foot retail building at 810 Paseo Del Rey Street, in Chula Vista, from La Jolla Nautilus, Ltd. for $950,000. Joe Yetter, Mike Clark and Brent Williams of Cassidy Turley BRE Commercial represented the seller in the transaction. Daniel Knoke and Peter Merz of Colliers International represented the buyer.

Leases
Independent Financial Group, Inc. leased 12,929 square feet of office space for five years at 12671 High Bluff Drive, suite 200, from RB Income Properties for $1.97 million. Bob Kuzman and Dave Odmark of Cassidy Turley BRE Commercial represented the lessor in the transaction. Jeff Chasan of Grubb & Ellis Company represented the lessee.

Synergy Corporate Housing leased 2,403 square feet of office space for four years at 4275 Executive Square, suite 310, in La Jolla, from Regents Square La Jolla LLC c/o The Irvine Company for $238,764. Joe Anderson and Brooks Campbell of Cassidy Turley BRE Commercial represented the lessee in the transaction. The lessor’s representation was not disclosed.
 
Vigor Systems, Inc. leased 3,457 square feet of office space for two years at 1025 Prospect Street, suites 330 and 350, in La Jolla, from 1025 Prospect Limited Partnership for $189,971. Mike Slattery and Bob Kuzman of Cassidy Turley BRE Commercial represented both the lessor and the lessee in the transaction.

Supercuts, Inc. leased 1,200 square feet of retail space for five years at 13315 Poway Road, in Poway, from Stepstone Real Estate for $168,120. Kevin Cassidy of Cassidy Turley BRE Commercial represented the lessee in the transaction. David Bradley of Cushman & Wakefield represented the lessor.

Wireless Choice, Inc. leased 2,050 square feet of retail space at 1020 Tierra del Rey, suite D, in Chula Vista, for three years from Tierra Corners, LLC c/o CW Clark for $165,606. Joe Yetter, Mike Clark and Brent Williams of Cassidy Turley BRE Commercial represented the lessor in the transaction. Lauren Matricardi of CB Richard Ellis represented the lessee.

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with 3,300 professionals in 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 over 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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