Paychex International Signs $4.6 Million Lease at Scripps Ranch Technology Park

Cassidy Turley BRE Commercial Facilitates Transaction

Published on April 06, 2011

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SAN DIEGO – Cassidy Turley BRE Commercial, San Diego’s market leader in commercial real estate services, today announced that Paychex International has signed an 89 month lease valued at $4.6 million at Scripps Ranch Technology Park.

The office property is located at 10150 Meanley Drive in Scripps Ranch and is owned by PV Meanley, LLC. Paychex leased suite 200 in the building, which totals 30,425 square feet.

Paychex will relocate from its Kearny Mesa office in November 2011.

Dave Odmark of Cassidy Turley BRE Commercial and Todd Smith of The Acclaim Group represented Paychex and PV Meanley, LLC in the transaction.

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with 3,000 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 $17 billion in 2010, manages 430 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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