ALTA SOLUTIONS INCORPORATED RENEWS ONE TECHNOLOGY PLACE

by Dan Peoples | Nov 20, 2012

October 29, 2012

NEWS FROM:  Parallel Capital Partners, Inc.

FOR INFORMATION: Matt Root, Parallel Capital Partners, 858-882-9506
   Jim Ingebritsen, Parallel Capital Partners, 858-882-9504
   Dan Peoples, Peoples & Company, 858-552-1456

Parallel Capital Partners Renews Alta Solutions Incorporated at One Technology Place

San Diego, Calif.  Parallel Capital Partners, Inc. reports that Alta Solutions Incorporated has renewed for 12,295 square feet of office space in the building located at 10915 Technology Place in San Diego, California. The lease term is for 13 months.

One Technology Place is located at 10905, 10907, 10908, 10911, 10915, 10918, 10919, 10929, 10939 and 10949 Technology Place in Rancho Bernardo, Calif., 92123. The 150,738-square-foot complex on 11.8 acres was built in 1985. Currently 70% occupied, major tenants include San Diego Gas & Electric and JMAR.

Alta Solutions was represented by National Site Selection Service, Inc. Parallel Capital Partners represented itself in the transaction.

Founded in 1996, Alta Solutions develops and markets innovative data acquisition solutions for a variety of manufactured products and processes.

Parallel Capital Partners, Inc. (parallelcapitalpartners.com) is a real estate investment and operating firm that focuses on office, industrial and retail property acquisition in markets in the western U.S. and Hawaii. The company identifies opportunities where assets are undervalued and uses restructuring, capital improvements and superior leasing and management to turn value-added opportunities into core properties.