Tenants eager to lease in Mission Hills

San Diego Business Journal, July 16, 2007 by Sam Blanchard

Tenants Eager To Lease In Mission Hills: Phase one of Paseo de Mission Hills, which is scheduled for completion in August, has already been fully leased by three tenants. The 15,200square-foot property is located on the block bounded by Goldfinch Street, Fort Stockton Drive, Falcon Street and West Washington Street in Mission Hills and contains retail and office space.

Prudential Real Estate signed a 10-year lease for 9,800 square feet of office and retail space at 870 W. Washington St.

San Diego National Bank leased 3,500 square feet of office and retail space at 810 W. Washington St. for 10 years.

Olivetto Wine Bar and Card signed a lease for 1,800 square feet of retail space at 860 W. Washington St. for 10 years.

The combined lease agreements by the three tenants total $6.3 million, according to the leasing agents for the property, Reg Kobzi, Joel Wilson, Carrie Bobb and Matt Shope of CB Richard Ellis.

Craig Sanders of C.E. Sanders & Co. represented Prudential Real Estate. Peter Orth of CB Richard Ellis represented San Diego National Bank.

RS Lawrence and CLB Partners are working together to develop phase two of Paseo de Mission Hills, which will include 48 luxury condominiums, 13 town homes, eight affordable apartments and

an underground parking garage. Wheelihan Construction Co. Inc. of Vista is the general contractor, and Salim Janmohamed of Northern Trust's University Towne Center office handled the project's construction financing.