Industrial, retail space fills up in San Diego

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Grubb & Ellis/BRE Commercial on Tuesday announced the completion of lease and sale transactions totaling more than 102,000 square feet in San Diego County, Calif. The total value of the transactions was $11.5 million. In the first deal, The TJX Cos. Inc. signed a 33,000-square-foot retail lease in San Marcos. The space, owned by Grand Las Posas LLC, will be leased for 10 years at a price of $5.3 million. In the second deal, Perfect Optics LLC inked a 21,295-square-foot-industrial lease at 2651 La Mirada Drive in Vista. RCI Vista LLC, the owner, agreed to lease the space for 62 months at a price of $1.2 million. In the third lease, Accutech LLC secured a 29,122-square-foot-industrial lease at 2641 La Mirada Drive in Vista. The space, also owned by RCI Vista LLC, will be leased for 62 months at a price of $1.2 million. In the fourth deal, Jamacha Plaza LLC sold an 18,660-square-foot office building in El Cajon. Eklund Investment Group LLC purchased the property, located at 850-8...