San Diego industrial space fills up

Brokerage completes multi-year leases

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Grubb & Ellis/BRE Commercial helped facilitate five industrial lease transactions totaling 103,417 square feet in San Diego County, Calif. The total value of the transactions was $6.8 million. In Carlsbad, Interior Specialists inked a lease agreement for 8,965 square feet of industrial space located at 5803 Newston Drive. The lease term is 36 months, and the value of the transaction was $371,145. Carmel Oaks Properties LLC owns the space. Also in Carlsbad, Safety Syringes Inc. leased 44,983 square feet of industrial space at 2875 Loker Ave. The value of the 60-month agreement was $2.6 million. Techbilt Construction Corp. is the property owner. LG Philips LCD America Inc. signed a 35,875-square-foot lease agreement for industrial space located at 2791 Loker Ave., also in Carlsbad. The 60-month lease was valued at $1.7 million. LBA Industrial, Fund – Holding Co. II Inc. is the landlord. In El Cajon, Calif., Target Corp., on behalf of H&R Retail, secured 10,027 square f...