Don Mitchell, Lisa Gonzales and Dick Balestri CB Richard Ellis' San Diego Central office represented the landlord, 1650 Investors, in the transaction. Linway Development, operated by principals Wayne Bienhoff and Bruce Lang, represented itself in the transaction.
The Mission Valley office market is quickly becoming one of the most appealing in the county for owners enriched by the area's central location and high rents, according to local office market specialists. The area is enjoying an upswing in popularity among tenants, causing vacancies to plummet and rents to rise--a welcome development among building owners who so far have not fared as well as their North County colleagues in the county's recent office boom.
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