This Week in Commercial Real Estate...

This Week in Commercial Real Estate...
June 27, 2011

The commercial real estate industry recovery continues to be affected by national economic challenges, such as lack of employment growth, companies adjusting to "working leaner and smarter" to better their internal return on investment and inconsistent economic policy.  However, San Diego County has recently experienced stronger than national average activity, both on the sales / investment side and leasing side.  A few recent large commercial real estate sale transactions have surprised the local market, giving a genuine sense that institutional cash is ready to get back into this market on strong, long-term hold assets.  Leasing activity is getting better, but is still hampered by high company occupancy costs and a difficult corporate lending environment.  If you have any questions on recent trends and activity, John Still and David Silverman are happy to answer any of your questions.

John Still jstill@flockeavoyer.com
David Silverman dsilverman@flockavoyer.com

Recent Crime 92127 Posted June 25, 2011

Gated Escondido Home with Ocean View!

Gated Escondido Home with Ocean View!
Check out our must-see virtual tour that just hit the market. This home has it all including views to Catalina! Custom built, gate-guarded and magnificent, this 5bd, 3.5ba home will exceed all your expectations! For showings, please call Ray or Theresa Shay at 858-449-4970 today!

Flocke & Avoyer Business Spotlight!

Theresa and I honestly appreciate the time you take to read 92127eweekly. We experience over double the industry average for readership. Your time is valuable. That is why we are pleased to announce we have teamed up with Flocke and Avoyer, the premier Commercial Real Estate Company in San Diego to bring you valuable information about commercial real estate.

Commercial real estate and residential real esate are two different animals. Our company is similar to In and Out Burger. Our menu is simple, yet excellent. We do a few thing like residential real estate extremely well. No chicken sandwiches or tacos while we own the company. Just outstanding service and professional representation that resulted in over 25 million dollars in sales just last year.

We are excited about recommending John Still and David Silverman of Flocke and Avoyer to help you with that leasing opportunity, or triple net commercial property. They represent the leasing company for both 4S Ranch Village and 4S Commons Shopping Centers right here in 92127. They also have a county-wide portfolio that includes a wide variety of properties to fit all levels of investors.

We really can't say enough great things about John and David. They are extremely honest and their professionalism is the top of the charts.

4S Ranch Village

4S Commons Town Center

Check out their YouTube channel.

For further information please contact them directly at:

John Still: (858) 875-4676

David Silverman: (858) 875-4665

Matt Peckham: (858) 875-4671

Movies in the Park a Splashing Success!

Movies in the Park a Splashing Success!

Over 400 people were enjoying the conclusion of the Free Outdoor Moive, "How to Train Your Dragon" when we all heard several loud pops! Is that a sprinkler?   One sprinkler even started rising up under thier blanket.  Now that is a surprise!   Some resourceful 4S Residents placed trash cans upside down to stem the water flow.  We do apologize for any inconvenience and do appreciate the good nature way all of you responded.  Next movie is "Despicable Me" in July.

Pacific Lacrosse Festival this Saturday, June 25, 2011 at Del Norte High School

 Pacific Lacrosse Festival this Saturday, June 25th 2011 at Del Norte High School

As an exciting part of this year's Pacific Lacrosse Festival, the California Men's Open Division Lacrosse Championship game is scheduled to be played at Del Norte High School, 16601 Nighthawk Lane, San Diego, CA 92127 at 7:00 PM on Saturday, June 25. The game has been dubbed "Face-Off for a Cause: The Wounded Warrior Game."

Come watch this action-packed game made up some of the best club players in the nation as Northern California Men's Club Lacrosse Champions will play the winner of the Los Angeles-San Diego division. 

The Wounded Warrior Project supports servicemen and women who have been severely wounded from combat action in Iraq and Afghanistan. Admission to the game is free; however, any donation is appreciated.

“Pacific Lacrosse is proud to support the Wounded Warrior Project,” says Dennis Yeatman, the festival’s director. “Over the past two years, we have contributed $24,000 to the WWP.” Yeatman adds, “This game will be the highlight of the weekend's lacrosse festivities that includes 90 youth lacrosse teams from around the west, including teams from Dallas and Denver. We hope for another meaningful donation to this very worthy cause again this year.”

For more information on the festival and weekend activities visit www.pacificlacrossefestival.com

Point Loma Credit Union Robbed - 4S Ranch

 Point Loma Credit Union Robbed - 4S Ranch

4S Commons Shoppers and businesses had a scare on Friday at about 5:45 PM when SDSO Deputies were searching for an armed gunman who robbed the Pt. Loma Credit Union next to our RE/MAX Office.

The gunman entered the bank, pulled on a mask and then approached multiple tellers and demanded cash.  No gun was seen but the suspect indicated he was armed. The suspect fled towards Panera Bakery.  Just a reminder that even though we are blessed with one of the lowest crime rates in the County of San Diego we must remain vigilant and report suspicious activity.

Recent Crime 92127 Posted June 17, 2011

Recent Crime 92127 Posted June 17, 2011

Click the images to enlarge. 

Dr. David Li Celebrates with 4S Ranch Village

Dr. David Li Celebrates with 4S Ranch Village

Last Friday Dr. David Li from RB Orthodontics and his team had a party at 4S Ranch Village! With all kinds of give-aways, free frozen yogurt from Sweet Things and a raffle for an iPad2!! All the money raised went to the 4S Ranch-Del Sur Foundation. Thanks Dr. Li!

First Annual PMI-San Diego Golf Tournament- 4 Person Scramble

First Annual PMI-San Diego Golf Tournament- 4 Person Scramble

This year’s event will be held Saturday, 29 October at the exclusive par 72 championship golf course, Bernardo Heights Country Club, in San Diego, California. 

Registration begins at 11 am, with tee-off at 1 pm.

The cost for this event is only $175 per player and $100 dinner only. Players enjoy entry into the private grounds, 18 holes of golf, lunch, prizes and an award reception.  Players and Diners only will enjoy a buffet dinner and unlimited drinks during cocktail and dinner hours.  Proceeds will benefit (1) PMI-SD Scholarship and Canine Companions for Independence.

There will be an awards presentation and dinner directly after golf at the Mediterranean Style Clubhouse at Bernardo Heights Country Club.

To help us properly plan for this event, please pre-register by going to http://www.golfdigestplanner.com/18583-PMISDGolfTournament/

Dress code for Golf and Clubhouse strictly enforced. Collared shirts are required, no blue jeans please. Steel spikes are not allowed on the course. All participants must be at least 7 years of age.

Sponsorship packages are available at various levels.  Packages may be viewed at:

http://www.golfdigestplanner.com/18583-PMISDGolfTournament/

92127 eWeekly Business Spotlight!

92127 eWeekly Business Spotlight!

No job is too small for Handyman Jeff Schmitt. Jeff handles everything from fixing a broken fence or gate to a Real Estate Agent's "List of Repairs". Plus, his wife Sherry is a senior loan specialist who handles home loans for Paradigm Mortgage. Thanks Jeff and Sherry Schmitt for being this 92127 eWeekly's business spotlight! Call Jeff at 858-735-6299 or call Sherry at 619-818-3756!

Shay & Associates Buyer Specialist Paul Lennon Works Hard for His Clients!

Shay & Associates Buyer Specialist Paul Lennon Works Hard for His Clients!

 

If you'd like award-winning service for your next home sale or purchase, call Shay & Associates Realtors!

858-449-7355

Del Sur Schools Receive Top Marks!

 

Good grades for Del Sur schools

Congratulations to the students, teachers and administrators of our Del Sur schools!

All three neighborhood schools – Del Sur Elementary, Oak Valley Middle and Del Norte High – are at the top of their class, scoring perfect 10s in statewide ranking according to the Growth Academic Performance Index (API).

Here’s how Del Sur schools stack up:

• Del Sur Elementary School scored 954 on the API, tying the highest score for all Poway Unified School District elementary schools.

Del Sur Elementary also achieved a 10/10 overall ranking. This 10/10 score is derived from the API score, which places them at the top 10 percent of the state, and the school’s 10 out of 10 in its similar schools ranking (how Del Sur Elementary compares with 100 other schools that have comparable characteristics).

Only one other Poway elementary school scored as high on the API as Del Sur Elementary, and just two other Poway elementary schools earned the 10/10 ranking. Neither of the other 10/10 schools scored API scores as high as Del Sur Elementary.

“We are extremely proud of Del Sur Elementary School, the No. 1 elementary school in the highly ranked Poway Unified School District,” said Bill Ostrem, president and CEO of Black Mountain Ranch, developers of Del Sur.

• Oak Valley Middle School scored 915 in the API, another 10 in statewide rankings for API. The school’s score this year improved by 20 points over last year’s score, and the school had jumped 20 points the year before as well. Only one other Poway Unified middle school scored higher on the API. • Del Norte High School received its first API score this year, achieving a district-high

856 and a 10 in statewide rankings. Poway High School tied Del Norte’s top 856 score, but no other high school in the district scored as high.

With scores ranging from 200 to 1,000, API measures academic growth based on student performance on the California Standards Test (STAR) given last spring to students in grades two through 11.

Located within walking distance of many Del Sur homes or within a short bike ride or drive, Del Sur Elementary, Oak Valley Middle and Del Norte High are within the prestigious Poway Unified School District, one of the highest-ranking districts in the county and state. All PUSD comprehensive high schools, middle and elementary schools exceeded the state API target of 800, a goal the state set for all schools to reach by 2014.

To learn more about Del Sur’s eight neighborhoods with new homes for sale, click here.

92127 Crime Update Posted June 11, 2011

92127 Crime Update Posted June 11, 2011

Click the Images to Enlarge

92127 Real Estate - June 2011

 92127 Real Estate - June 2011 - Check out this week's 92127 Real Estate Dashboard...

The pie charts above show what's currently on the market in 92127 as of June 26, 2011. 

There are a total of 426 homes. 

 The Bar Graph above shows the Average Sales Price of Homes in 92127 each month for 2010 and 2011.

The bar graph above compares the number of homes sold in 92127 each month for 2010 and 2011. 

*This data is from the Sandicor Mulitple Listing Service and is believed to be accurate, but not guaranteed. Properties listed have been sold by a variety of agents and not necessarily by Shay & Associates Team.

4S Ranch 5K for Kenya Pictures!

Liz Martin and her Mom, Maggie

The 4S Ranch 5K Race for Kenya took place Saturday, June 4th. Great Job to all the runners and volunteers! Almost two hundred runners and walkers participated in this local event!  4S Ranch resident Liz Martin and her fellow missionaries are on their way to Kenya in a few short weeks to help provide aid to displaced refugees.   Click here to see pictures from the race!