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Daily Business Report

Daily Business Report — Aug. 27, 2012

Filner Leads DeMaio by Six Points in Mayoral Poll

Rep. Bob Filner (D-San Diego), has opened a six-point lead overCouncilman Carl DeMaio in the race for San Diego mayor, according to a new poll released Friday. In the poll conducted by SurveyUSA for 10News, Filner won the support of 47 percent while DeMaio had 41 percent. That’s a gain of one point for Filner and a loss of two points for DeMaio since the last canvass of voter sentiment six weeks ago. Over that time, Filner gained 4 percent among men and 7 percent among seniors. He was ahead 46-43 percent among male voters and 48 to 38 percent among females. “Of course, the only poll that matters is on Election Day, but we are encouraged by these numbers,” Filner said. “Clearly, our message is resonating with voters in San Diego who want a mayor focused on their interests — not special interests.” DeMaio has gained 8 points among Latinos, according to the poll of 753 adults who were judged to be likely voters. Filner still led among Latinos, 45-43 percent.

“As I have always said, voters will decide who their next mayor will be based on the candidates record of results and vision for San Diego’s future,” DeMaio said. “I trust that my record of accomplishing meaningful reforms and my vision of a prosperous regional economy, improved city services, and the full restoration of our city’s infrastructure, will resonate with San Diegans.” The candidates have scheduled more than a dozen debates between now and the Nov. 6 general election. — Reported by City News Service

Downtown’s Broadway Lofts Sold For
$19.7 Million To Denver-Based Firm

Denver-based AIMCO Properties LLC has purchased the 12-story Broadway Lofts apartment and retail building, one Downtown’s first high-rises, for $19.7 million. Originally built in 1909 as American National Bank, Broadway Lofts, located at 1007 Fifth Ave., was modernized in 1940 when it was the home of First National Trust and Savings Bank. It was converted in 2005 into a residential loft community over ground-floor retail. Colliers International handled the transaction. The property includes 84 apartment units totaling 68,076 square feet, with 7,200 square feet of retail space and 4,728 square feet of basement space.

Three Life Science Buildings in Torrey Pines
Acquired by Legacy Partners Commercial

Legacy Partners Commercial Inc. has acquired three Class A life science buildings in Torrey Pines in a joint venture with Legacy and an affiliate of Walton Street Capital LL. The complex will be named the Torrey Ridge Science Center. Located at 10628, 10614 and 10578 Science Center Drive, the office/lab buildings total 340,000 square feet and represent the largest block of vacant lab space in San Diego County.  Built in 2003 and 2004, the steel-frame buildings are close to several research and educational institutions including UC San Diego, The Scripps Research Institute, The Sanford-Burnham Medical Research Institute, The J. Craig Venter Institute and The Salk Institute.  The joint venture’s planned capital improvements include upgrading the building’s lobbies, enhancing the project’s landscaping, introducing on-site amenities and providing prominent monument signage for new tenants. The joint venture has retained CBRE to provide leasing services. Legacy Partners is headquartered in the San Francisco Bay Area.

New Humanities Building Topped Out
On Grossmont High School Campus

Grossmont Union High School District and Grossmont High School celebrated the topping out of the new humanities building, marking the completion of the steel framing as the construction team set the final beam into place. The humanities building is scheduled for completion in spring of 2013. The 35,000-square foot humanities classroom building is the largest classroom project in the Proposition U construction program. The two-story building will feature 31 classrooms for English, social science, math and special education classes. Construction includes the addition of six concrete tennis courts and the Career Technical Education facility for automotive technology students.

SAIC Awarded $21 Million Contract

Science Applications International Corp. was awarded a contract by the U.S. Space and Naval Warfare Systems Center Pacific to provide command, control, communications, computers and intelligence services in support of the Network Integration Engineering Facility. The contract has a one-year base period of performance with a value of $21 million, and two one-year options bringing the potential contract value to $61 million if all options are exercised.  Work will be performed primarily in San Diego.


The Daily Business Report is produced by SD METRO. Contact: Manny Cruz (619) 287-1865. manny@sandiegometro.com.


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