Parallel Capital Partners Leases Nearly 30,000 Square Feet of Commercial Space at Sorrento Pines

Sorrento Valley Office Complex Now 100 Percent Leased

2013-05-17

SAN DIEGO, CA, May 17, 2013 (Press-News.org) Parallel Capital Partners, Inc. announced today that Bastyr University and HG Motorsports, existing tenants at Sorrento Pines, an office and industrial complex in San Diego's Sorrento Valley neighborhood, have collectively leased 18,812 square feet in additional space. In addition, VWR International, a distributor of life sciences and analytical products, renewed its nearly 8,000-square-foot lease.

According to Matt Root, CEO of Parallel Capital Partners, with these latest transactions, the four-building complex is now 100 percent leased. "Sorrento Valley is a key San Diego market, and these transactions confirm our belief that the area's transformation from a light industrial and suburban office market into a world-class life science and high tech hub is well under way."

Bastyr University, an accredited, global institution of natural health arts and sciences offering graduate, undergraduate and certificate programs, leased an additional 12,178 square feet at 4110 Sorrento Valley Boulevard for 107 months, bringing its total square footage within the park to 31,478 square feet. Cassidy Turley represented Parallel in the transaction and Bastyr represented itself.

A luxury and exotic car tuner, HG Motorsports expanded its space at 4122 Sorrento Valley Blvd. by 6,634 square feet, with its total square footage now totaling 11,288 square feet. The lease is for 60 months. Tom Nicholas of Colliers International represented HG Motorsports and Parallel represented itself.

VWR International, located at 412 Sorrento Valley Blvd., renewed its lease for 7,908 square feet. Both parties represented themselves in the transaction.

Sorrento Pines Business Park, a 114,399-square-foot office and industrial complex on 7.9 acres, is now 100 percent occupied, with anchor tenants including Pall Corporation and Asteres, Inc. The buildings are at 4106, 4108/4110, 4116 and 4122 Sorrento Valley Blvd in San Diego, California.

About Parallel Capital Partners, Inc.

Parallel Capital Partners, Inc. (parallelcapitalpartners.com) is a private, fully-integrated real estate investment and operating company focused on acquiring value-added and core-plus opportunities for its own account in the western United States and Hawaii.

Media Contact: Sydnie Moore moore2com@gmail.com 619-823-8448

ELSE PRESS RELEASES FROM THIS DATE:

Award-Winning derma e Skin, Hair and Nail Oil Earns Another Accolade

2013-05-17

derma e Skin, Hair and Nail Oil has been awarded a 2013 Personal Care Essentials Award by Taste for Life magazine. This award marks the second for the newly launched Skin, Hair and Nail Oil, which debuted in March 2013. This Taste for Life award reinforces the magazine's commitment to helping consumers make healthy lifestyle choices. After reviewing a variety of formulas for purity, efficacy and innovation, Taste for Life editors selected products with exceptional skin care benefits, nourishing botanicals, feel-good aesthetics and an absence of harsh chemicals. Taste ...

Matrox Maevex Demonstration at InfoComm 2013 to Focus on Video over IP Decoding Quality

2013-05-17

Matrox Graphics Inc. will feature the new Matrox Maevex 5100 Series video distribution over IP encoders and decoders at InfoComm 2013 in booth 4759. The Maevex products extend full-HD-quality 1080p60 video and audio over standard IP networks, with minimal bandwidth consumption, at a fraction of the cost of other solutions. "The single most-asked question we have encountered is: Can you show me the decode quality?" said Ron Berty, business development manager at Matrox. "At InfoComm, side-by-side views of the source video and decoded video will let our ...

Career Step to Exhibit at 2013 Amerinet Member Conference May 19-22

2013-05-17

Career Step, an online education company and Amerinet supplier, will be exhibiting at the 2013 Amerinet Member Conference being held May 19 through 22 in Orlando, Florida. As an exhibitor, Career Step will be providing information on The ICD-10 Solution in booth 819. "Because I was able to trial some of The ICD-10 Solution modules, I can say, first-hand, that the course content is absolutely fantastic!" said Anne Mitchell, Senior Director of Quality and Patient Safety at Amerinet. "We are so excited about increasing our membership's awareness of these ...

Learn About Critical Thinking Skills for Government at ASTD Session May 21

2013-05-17

The American Management Association (AMA) Enterprise Government Solutions, the global leader of talent transformation dedicated to providing workplace learning for government organizations, has announced that Dr. Haywood Spangler will be speaking at ASTD 2013 in Dallas, TX on May 21. This session (Session T21GOV), will be held in the Government Pavilion from 1:00-2:00pm and will focus on enhancing government leaders' critical thinking skills. Dr. Spangler's session, 'Sharpening the Critical Thinking Skills of Government Leaders,' will show attendees the tools they need ...

Robert D. Edelheit, OptiMed, and United Group Programs, Inc. Announces: Optimed GAP Program

2013-05-17

OptiMed GAP covers eligible expenses in relation to deductible and coinsurance for the underlying major medical plan. Simply put, by plugging in OptiMed GAP, employers may be able to raise deductibles and out of pocket maximums to obtain lower cost coverage while still providing a quality benefit program. GAP can help brokers and agents deliver a Creative Approach to Healthcare Savings and Cost Containment Features: • Guaranteed issue • No pre-existing condition limitations • No health questions asked • First dollar benefit • Composite rating for groups ...

Annodyne Launches New Website for the Ann Arbor Area Convention and Visitors Bureau

2013-05-17

The Ann Arbor Area Convention and Visitors Bureau (AAACVB) recently unveiled a new website, designed and launched by Annodyne as part of a larger brand evolution initiative. In addition to applying the look and feel of the AAACVB's new brand, Annodyne aligned the new website with current web best practices: a much more intuitive, user-friendly design, simpler navigation and more streamlined content, all making it easier for visitors to find what they're looking for. "Ann Arbor is a place unlike anywhere else," says Mary Kerr, President and CEO of the AAACVB, ...

Solar Innovations, Inc. Wins 2013 NSA Design Awards

2013-05-17

The National Sunroom Association (NSA) announced the winners of the 2013 NSA Design Awards at NSA's annual meeting in New Orleans. The 2013 Design Awards mark the ninth anniversary of the competition. Solar Innovations, Inc. of Pine Grove, Pa. won in the following categories: • Existing or Wood Roof Sunroom Above $50,000 • Glazed Roof Sunroom $35,000 - $50,000 Solar Innovations, Inc. was also the finalist in the Glazed Roof Sunroom Above $50,000 category for a private home. Award Criteria The National Sunroom Association Design Awards recognize excellence in ...

E.B. Tool Company's Kwick Gripper To Be Available for Father's Day

2013-05-17

The Kwick Gripper nail removal tool from E.B. Tool Company will be available for purchase this Father's Day. This versatile tool makes it easy to remove nails, lag bolts, screws, and even staples while doing minimal damage to wood. This new nail pulling tool is a great addition to the toolboxes of amateur and seasoned woodworkers alike. It is easy to handle and simplifies otherwise difficult nail removal tasks. Appropriate to the upcoming holiday, the Kwick Gripper was designed by the father and son team of Ben Eby and his father, Eric. Ben put it this way, "the ...

Your Next Move Discusses Correlation Between Senior Communities with a Home Sale Program in Place for Residents on their Wait List

2013-05-17

Leading Age North Carolina 2013 Annual Meeting -- A presentation given by Julie Kopetsky, CSA and founder of Your Next Move, recommends senior community managers can increase move-in rates by understanding the emotional and financial concerns that prevent residents from moving in once they've made a deposit. In the presentation, conducted on May 14, 2013 at the Grove Park Inn, Ms. Kopetsky demonstrated several marketing strategies to help communities more effectively address the needs of their potential senior clients, including adding a home sale program to their list ...

Exhibit Resources Announces Solar Panel Installation

2013-05-17

Lana Calloway, CEO of Exhibit Resources, a full-service exhibit design and production agency, announced the company's solar panel installation process is underway. Exhibit Resources is working with Argand Energy Solutions to create the opportunity for quality renewable energy solutions. Installation began on Wednesday, April 17. The photovoltaic (PV) system will be mounted on the roof of Exhibit Resources to produce approximately 598,300 kWh of AC power and eliminate 930,600 pounds of carbon dioxide emissions per year. The electricity generated by the panels will be ...

How do the SOx and NOx in flue gas influence the adsorptive-catalytic performance of integrated carbon capture and in situ dry reforming?

Patients with heart failure and atrial fibrillation undergoing transcatheter mitral edge-to-edge repair for severe mitral regurgitation are at significantly higher risk of death or rehospitalization

Specialty of the house: Neanderthals at two nearby caves butchered the same prey in different ways, suggesting local food traditions

‘Ultimate dinner party guests’: Dispersed communities attending feast in ancient Iran gifted boars sourced from distant lands

Temozolomide and radiation treatment lead to dramatic tumor shrinkage and improvement of hearing in an adult brainstem glioma patient with a rare IDH2 mutation

Parallel Capital Partners Leases Nearly 30,000 Square Feet of Commercial Space at Sorrento Pines

ELSE PRESS RELEASES FROM THIS DATE:

LAST 30 PRESS RELEASES: