BAE SYSTEMS INC. SIGNS $31 MILLION LIBERTY STATION LEASE

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POINT LOMA, CALIF. — BAE Systems Inc. has pre-leased 80,000 square feet of space at Liberty Station Office District in Point Loma for $31 million. The 10-year lease involves McMillin Commercial’s Building 902, a 105,000-square-foot industrial facility that is currently under construction. Located at 2305 Historic Decatur Rd., the facility is slated for completion in August 2009. The building will be the complex’s first LEED certified property. Gene Sachs, Glenn Friedrich and Russ Sande of CRESA Partners represented the lessee; Don Mitchell, Scott Kincaid and Jill Morton of CB Richard Ellis represented the lessor, McMillin Commercial, in the transaction.

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