written by
Emily Bane

Real estate veteran brings more than 45 years of experience to Intersection’s brokerage division, providing expertise from San Diego to Orange County to enhance the services of the expanding commercial real estate company.

SAN DIEGO — Intersection, the downtown San Diego commercial real estate (CRE) firm specializing in brokerage, investment management, and real estate services names Jay Arnett as its latest Senior Director. Arnett spent the last 45 years building his relationships and portfolio at CRE firms in San Diego and Orange counties. Beginning his career in the industrial and office sectors, he grew his practice as a generalist, completing transactions from Oceanside to Chula Vista.

Arnett joins Intersection’s rapidly growing brokerage division, specializing in commercial brokerage tenant representation and investment sales. His extensive market knowledge enables him to identify sound sales and leasing opportunities that are both value-enhancing and strategic investments. As an active member of the Society of Industrial and Office Realtors (SIOR), Arnett is certified with the prestigious SIOR Designation representing the highest level of knowledge and ethics in the industry.

“Jay’s highly personalized service and informed strategic expertise will be invaluable as we continue to grow our brokerage division,” said Mark Hoekstra, Managing Director at Intersection. “As one of the most highly respected brokers in San Diego, his experience, leadership and integrity adds to the depth of the Intersection team.”

Over his 45-year career span, Arnett has completed in excess of 15 million square feet in office, industrial, and flex space transactions, resulting in over $1.5 billion in market value.

Arnett attributes his success to listening to clients and building tailored solutions that fit their needs. “The flexibility of a nimble, San Diego-owned company means that clients will benefit from local perspective and expertise that results in a more personalized experience overall,” said Arnett.

“I’m thrilled with the opportunity to have my brokerage career back in downtown at Intersection. There is immense opportunity at the company to expand both in San Diego, as well as into other submarkets,” Arnett said. “I’m looking forward to helping grow the brokerage division and assume a possible management position down the line.”

Emily Bane is the Marketing Coordinator at Intersection, providing strategic marketing expertise to support business objectives across company divisions. Contact Emily at 619-819-8725 or [email protected]

written by
Emily Bane

Intersection hosts October’s Sundowner Business Mixer at their property, San Marcos Square.

Thursday, October 24, 2019 – Intersection hosts October’s Sundowner Business Mixer with the San Marcos Chamber of Commerce at San Marcos Square. The spirited mixer attracts local business professionals from a variety of industries and company sizes to network, build relationships and have fun.

In November 2017, Intersection acquired the retail center San Marcos Square located at 156-190 S. Rancho Santa Fe Rd., San Marcos, CA 92078. Since the acquisition, Intersection has completed various upgrades including new storefronts, signage, exterior paint, and new pavement and striping. “I remember walking into this space back when we bought this property in 2017. It looks nothing like it did then – and that’s a good thing. We believe in this property, we believe in this community, and we believe that the individuals in this room can make a difference,” Dan Leon, Director of Acquisitions said at Thursday’s mixer.

Intersection is inspired to help build and shape communities in profoundly positive ways. At the event, the company encouraged the community to share ideas of what they would like to see at San Marcos Square, presenting lifestyle imagery and banners with the message: “Let’s build community together,” with pens and paper for attendees to fill-in their suggestions.

“There is potential for this community to be something special. We saw that when we purchased this property and we see it now, in a space which has been completely transformed by our vision,” Leon said.

Intersection wants to thank the San Marcos Chamber of Commerce, and their Board President Carla Royter with the San Diego Union Tribune for so graciously co-hosting last week’s event and thank you to all of the attendees who came out to network. Special thank you to the mixer’s vendors: appetizers by C&L Catering Co., wine from La Fleur’s Winery, beer from Rip Current Brewing, and sounds by Solid Gold.

Emily Bane is the Marketing Coordinator at Intersection, providing support to Brokerage and Investment teams through digital marketing and social media strategy. Contact Emily at 619-819-8725 or [email protected]

written by
Emily Bane

Orquid Schon joined Intersection a little over a year ago. In a short time, she has represented what it means to be “driven by integrity”, operating with incredible ethics and trustworthiness. The San Diego Business Journal recognizes Schon for her talents and execution in accounting at Intersection.

Intersection is proud to announce that Orquid Schon was selected by San Diego Business Journal as one of the Most Influential Women in Accounting.

As Controller, Schon oversees the financials of the company in its entirety, manages the accounting department, and supports three divisions. She leads by example, with a results driven attitude. Schon has helped implement various software, improve labor efficiency ratios, and support the onboarding of new personnel in both San Diego and Salt Lake City.

In recent months she was promoted to Controller from Senior Accountant. Whether she is supporting client relations, managing a portfolio of properties, or training new employees, she is passionate about her work and dedicated to her company.

written by
Emily Bane

Mofty joined downtown San Diego’s Intersection seven years ago amid the company’s escalating growth. As Director of Operations, she has helped grow the company from six people to a full-service commercial real estate firm with four offices throughout the Western US with 32 people.

Intersection is proud to announce that Rounak Mofty, our Director of Operations, was selected by The Daily Transcript as one of San Diego’s Most Influential Leaders for her significant contributions to Intersection, the commercial real estate industry, and the San Diego community.

Mofty is an integral part of Intersection’s leadership team overseeing the continued growth of the firm, whilst maintaining a strong company culture that is both diverse and startup oriented. She is very well-versed in business operations, holding both a bachelor’s and master’s degree that have catapulted her success at Intersection, with responsibilities including marketing, human resources, banking relations, and office policy and procedure for both the firm and its managing partners. Her recent tasks have included the onboarding of numerous software platforms company-wide that support efficiencies and align with HR objectives.

“Really streamlining the company is a big, big thing for me,” Mofty said. “I want to make things more efficient for the company.”

In addition, Mofty is excited to be involved in Intersection’s newly formed culture committee, and to volunteer at downtown San Diego’s Monarch School, which educates students impacted by homelessness. Mofty said she appreciates that her company encourages its employees to give back to the community.

Rounak Mofty is a best-in-class leader, her success is a testament to her hard work and amazing personality.

written by
Emily Bane
$788K TRANSACTION REPRESENTS ONE OF THE LARGEST OFFICE LEASE DEALS IN EAST COUNTY THIS YEAR

20-year-old local business, Center for Positive Change, signs 5-year lease relocating to a larger location

Center for Positive Change (CFPC) has signed a five-year lease to occupy an approximate 11,632 square foot office building at 7474 El Cajon Boulevard in La Mesa for $787,968. Term commencement for this lease is August 1, 2019 and will enable CFPC to expand into a larger and more accessible location to better serve their clients. Senior Directors of Intersection, Kyle Clark and Dan McCarthy, represented both the lessor and lessee in the transaction.

This new lease represents an important component to improvements along the long-neglected stretch of El Cajon Blvd., between La Mesa Blvd. and 70th Street.

This single-tenant property is one of the few spaces of this size currently available in the office market and the transaction represents one of the larger office lease deals in East County this year. Kyle Clark of Intersection noted, “This new lease represents an important component to improvements along the long-neglected stretch of El Cajon Blvd., between La Mesa Blvd. and 70th Street. With new restaurants opening and multiple multi-family residential projects either planned or currently underway within just a few blocks of the site, the location promises a good home for the lessee.”

The owner of the property plans to invest in a remodel of the exterior structure, landscaping and parking areas.

Center for Positive Changes (CFPC) is a non-profit agency founded in 1999 dedicated to providing effective, quality treatment within their practice, to their clients, who include both the children in residential therapy at CFPC and their families. For more information, visit Center for Positive Changes website.

Emily Bane is the Marketing Coordinator at Intersection, providing support to Brokerage and Investment teams through digital marketing and social media strategy. Contact Emily at 619-819-8725 or [email protected]

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