East County Business News – Recent real estate activity in La Mesa

By Rick Griffin

— The County of San Diego, Health and Human Services Agency has leased 32,044 square feet of office space at 8765 Fletcher Parkway from the Automobile Club of Southern California for 132 months at a cost of $9.25 million. The office space will be used for a call center.
— The six-unit Kiowa Apartments, 5545 Kiowa Drive, has been sold for $1.05 million, according to broker NIA San Diego. The buyer was 5545 Kiowa LLC, a California limited liability company with Miguel Lackenbacher as manager. The seller was Charles and Constance Tatman.
— Dentist Dr. Kurt Stormberg has purchased the 7,704-square-foot medical office building at 433 Palm Ave. where he is a major tenant. The selling price of $1.295 million was financed with loans of $693,711 and $554,969 from Bank of America, according to records. The seller of the property was James Adams.
— Pacific Coast Commercial has announced that 3,600 square feet of retail space at 7006-7008 University Avenue has been leased by Victorville Industrial to Southland Corp. for 120 months for 907,200. The property will be used as a 7-Eleven convenience store.