Cassidy Turley BRE Commercial Announces Recent Transactions - September 28, 2011

Published on September 28, 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
Gaurav, Ganisha and Jessica Sethi purchased a 1,982-square-foot office space at 6158 Innovation Way, suite Q2, in Carlsbad, from Ryan Companies US for $297,300. Brooks Campbell of Cassidy Turley BRE Commercial represented the buyer in the transaction. The seller’s representation was not disclosed.

Management Security Advisors, LLC purchased a 2,186-square-foot industrial building at 1542 Lancaster Point Way and a 2,183-square-foot industrial building at 1536 Lancaster Way from Venture Venture, LP for $205,600 and $194,400, respectively. Phil Linton and Regan Tully of Cassidy Turley BRE Commercial represented the seller in both transactions. Brian Duarte of ParaCapital Group represented the buyer.

Leases
Steven Schneider, DDS leased 2,872 square feet of office space for 10 years at 11770 Bernardo Plaza Court, suite 260, from Sunroad Enterprises for $704,673. Bob Kuzman and Chris Hobson of Cassidy Turley BRE Commercial represented the lessor in the transaction. James Pieri, Jr. of Gateway Financial Real Estate represented the lessee.

Asia Massage leased 1,500 square feet of retail space for five years at 2588 El Camino Real, suite B-7, in Carlsbad, from Carlsbad Plaza, LLC for $167,237. Phil Lyons, Bruce Schiff and Chad Iafrate of Cassidy Turley BRE Commercial represented the lessor in the transaction. The lessee’s representation was not disclosed.
 
Laser Away leased 968 square feet of retail space for three years at 8915 Towne Centre Drive, suite1-107, from ROIC, LLC for $125,663. Phil Lyons and Bruce Schiff 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 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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