California Commercial Real Estate Lease by marcussmith

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									PRESS RELEASE
FOR IMMEDIATE RELEASE



Contact:        Erin Coller
Phone:          858.625.5242
Email:          ecoller@breb.com

                   Grubb & Ellis|BRE Commercial Lease Transactions
SAN DIEGO (Feb. 13, 2009) - Grubb & Ellis|BRE Commercial, San Diego’s market leader in commercial
real estate brokerage, today announced the following lease transactions:

Lessor:                                     Hub Properties Trust c/o REIT Management & Research, LLC
Lessee:                                     So. Cal. Soft-Pak, Inc.
Description:                                3,668 square feet, office lease
Location:                                   3550 Camino del Rio North, Suite 208 & 212, 92108
Representative(s):                          Tim Olson, Colliers International, lessor’s broker
                                            Jack Kruger, Grubb & Ellis|BRE Commercial, lessee’s broker
Total Consideration:                        $400,718
Term of Lease:                              65 Months


Lessor:                                     Fund VII Plaza 2020, LLC c/o TA Associates
Lessee:                                     Randstad General Partners (US), LLC
Description:                                2,070 square feet, retail lease
Location:                                   2020 Camino del Rio North, Suite 105, 92108
Representative(s):                          Joseph Yetter, Mike Clark, Brian Jinings, CCIM, Grubb & Ellis|BRE
                                            Commercial, lessor’s broker
                                            Aaron Denike, USI Real Estate Brokerage Services, lessee’s broker
Total Consideration:                        $313,014
Term of Lease:                              64 Months


Lessor:                                     Cardiff Towne Center, LLC c/o Stepstone Real Estate LLC
Lessee:                                     Azzaria Boutique
Description:                                1,173 square feet, retail lease
Location:                                   2021 San Elijo Ave., Cardiff by the Sea, 92007
Representative(s):                          Bruce Schiff, CCIM, Phil Lyons, CCIM, Chad Iafrate, CCIM, Grubb
                                            & Ellis|BRE Commercial, lessor’s broker
Total Consideration:                        $206,515
Term of Lease:                              60 Months



    BRE Commercial
    4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
    Independently Owned and Operated
2–2–2
02/13/09
Grubb & Ellis|BRE Commercial Lease Transactions



Lessor:                                     North Coastal Business Park
Lessee:                                     Flex Partners, Inc.
Description:                                3,436 square feet, office lease
Location:                                   535 Encinitas Blvd., Suite 109, Encinitas, 92024
Representative(s):                          Kevin Farrell, Cushman & Wakefield, lessor’s broker
                                            Dennis Visser, SIOR, Aric Starck, Grubb & Ellis|BRE Commercial,
                                            lessee’s broker
Total Consideration:                        $186,034
Term of Lease:                              24 Months


Lessor:                                     Cardiff Towne Center, LLC c/o Stepstone Real Estate, LLC
Lessee:                                     Azzaria Boutique
Description:                                1,127 square feet, retail lease
Location:                                   2029 San Elijo Ave., Cardiff by the Sea, 92007
Representative(s):                          Bruce Schiff, CCIM, Phil Lyons, CCIM, Chad Iafrate, CCIM, Grubb
                                            & Ellis|BRE Commercial, lessor’s broker
Total Consideration:                        $162,288
Term of Lease:                              60 Months

Lessor:                                     Regency Center LP
Lessee:                                     Frozen Yogurt
Description:                                900 square feet, retail lease
Location:                                   964-1042 West El Norte Pkwy., Suite 1022-B, Escondido, 92026
Representative(s):                          Bruce Schiff, CCIM, Phil Lyons, CCIM, Chad Iafrate, CCIM,
                                            Andrew Peterson, Grubb & Ellis|BRE Commercial, lessor and
                                            lessee’s broker
Total Consideration:                        $157,680
Term of Lease:                              60 Months


Lessor:                                     Carlsbad Crossroads c/o H.G. Fenton Company
Lessee:                                     Immunovative Clinical Research
Description:                                3,100 square feet, industrial lease
Location:                                   2720 West Loker Ave., Suite Q, Carlsbad, 92010
Representative(s):                          Dennis Visser, SIOR, Aric Starck, Steven Field, Grubb & Ellis|BRE
                                            Commercial, lessor’s broker
                                            James Karlovsky, Coldwell Banker, lessee’s broker
Total Consideration:                        $147,912
Term of Lease:                              38 Months


    BRE Commercial
    4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
    Independently Owned and Operated
3–3–3
02/13/09
Grubb & Ellis|BRE Commercial Lease Transactions

Lessor:                                     Regency Center LP
Lessee:                                     Dry Cleaners
Description:                                900 square feet, retail lease
Location:                                   964-1042 West El Norte Pkwy., Suite 1022-A, Escondido, 92026
Representative(s):                          Bruce Schiff, CCIM, Phil Lyons, CCIM, Chad Iafrate, CCIM,
                                            Andrew Peterson, Grubb & Ellis|BRE Commercial, lessor and
                                            lessee’s broker
Total Consideration:                        $100,350
Term of Lease:                              60 Months


Lessor:                                     The Koll Company
Lessee:                                     The AIM Financial Consulting Group, Inc.
Description:                                1,052 square feet, office lease renewal
Location:                                   5030 Camino de la Siesta, Suite 406, 92108
Representative(s):                          Jack Kruger, Grubb & Ellis|BRE Commercial, lessor and lessee’s
                                            broker
Total Consideration:                        $82,946
Term of Lease:                              40 Months


Lessor:                                     Carlsbad Gateway Center
Lessee:                                     Wire Works, Inc.
Description:                                1,338 square feet, industrial lease
Location:                                   5671 Palmer Way, Suite H, Carlsbad, 92010
Representative(s):                          Dennis Visser, SIOR, Aric Starck, Steven Field, Grubb & Ellis|BRE
                                            Commercial, lessor’s broker
                                            Glenn Stokoe, Coldwell Banker Commercial, lessee’s broker
Total Consideration:                        $29,319
Term of Lease:                              24 Months


Lessor:                                     Soval, LLC
Lessee:                                     DLK Investment Management
Description:                                1,145 square feet, office lease
Location:                                   11230 Sorrento Valley Road, Suite 200, 92121
Representative(s):                          Brad Tecca, Brett Ward, Grubb & Ellis|BRE Commercial, lessor and
                                            lessee’s broker
Total Consideration:                        $22,241
Term of Lease:                              12.5 Months




    BRE Commercial
    4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
    Independently Owned and Operated
4–4–4
02/13/09
Grubb & Ellis|BRE Commercial Lease Transactions

About Grubb & Ellis|BRE Commercial
Grubb & Ellis|BRE Commercial is one of Southern California’s leading privately held commercial real estate brokerage firms.
Based in San Diego and a leader in market coverage (as ranked by CoStar), Grubb & Ellis|BRE Commercial represents over 40
million square feet of industrial, office and retail properties throughout the region. The company also provides tenant
representation services to key firms and offers investment and financing services. In 2007 more than $3 billion in investment
transactions were completed by Grubb & Ellis|BRE Commercial. With corporate office locations in Carlsbad, UTC, downtown
San Diego, Otay Mesa and El Cajon, the Grubb & Ellis|BRE Commercial team consists of approximately 190 commercial real
estate professionals and personnel.

Grubb & Ellis|BRE Commercial maintains extensive expertise in all phases of commercial real estate transactions including
leasing, investment sales, market research analysis, tenant advisory services, mortgage financing and financial analysis. As a full-
service brokerage firm the company serves emerging and established firms as well as all commercial property types including
industrial, investment, office, retail, multi-family, restaurant/fast food, self-storage, and undeveloped land throughout San Diego
County, and Southern California. For more information about Grubb & Ellis|BRE Commercial, please visit
www.brecommercial.com.

About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment
companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants
and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment
advisory services supported by proprietary market research and extensive local market expertise.

Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions
the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC)
exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of September 30, 2008,
more than $3.8 billion in investor equity has been raised for these investment programs. The company and its subsidiaries
currently manage a growing portfolio of more than 225 million square feet of real estate. In 2007, Grubb & Ellis was selected from
among 15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company,
please visit www.grubb-ellis.com.
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     BRE Commercial
     4350 La Jolla Village Drive Suite 500 San Diego, CA 92122 858.546.5400 858.630.6320 fax
     Independently Owned and Operated

								
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