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PRSRT STD U.S. POSTAGE PAID SAN DIEGO, CA PERMIT NO. 1980

ENLIGHTENING LA JOLLA SINCE 1913

Vol. 102, Issue 33 • August 14, 2014

INSIDE

La Jolla Rec Center hosts a senior dance luau, A10

Lots of summer fun at Bird Rock’s annual picnic, A24

La Jollan’s program for SignWriting goes global, B1

La JoLLa

Light An Edition of

565 Pearl St., Suite 300 La Jolla, CA 92037 (858) 459-4201 lajollalight.com

ONLINE DAILY AT lajollalight.com

Postal facility on Silver Street sells for $6.8M

ResidentIal Customer La Jolla, CA 92037 ECRWSS

Village

Street

Tale

By Pat Sherman The United States Postal Service (USPS) facility on Silver Street (just off Draper Avenue) has sold for $6.8 million. The 10,143-square-foot property at 720 Silver St., which the USPS has leased since it was built in 1975 to sort mail for 42 letter carriers, will be redeveloped as town homes. CBRE Group Inc. represented the seller, Katherine Codega. EHOF La Jolla LLC, with developers William Berwin and Michael Pierson, purchased the property. La Jolla Village Merchants Association board trustee Trenton Bonner, of Trenton Bonner Coastal Real Estate, represented EHOF (a division of Encore Housing Opportunity Fund), which intends to demolish the existing building and construct townhomes. USPS has been searching for a site within the Village of La Jolla to relocate letter carrier services when its lease on the Silver Street property expires in July 2015. Postal Service spokesperson Eva Jackson said CBRE is “currently working to find a new location and nail down availability and lease terms,” though she said she was not certain whether they had located a site yet. “Being that it’s a carrier annex it does not need to be in the Village of La Jolla, since it’s not a location where customers need to go to do their retail,” Jackson told La Jolla Light. “I’m not even sure if there’s anything big enough in the Village of La Jolla for a carrier annex.” All county mail is currently sorted at the regional post office in Carmel Mountain and sent to centers like La Jolla’s. Stamps and other services are purchased at La Jolla’s historic post office at 1140 Wall St., which USPS announced more than two-and-a-half years ago that it intends to sell. u

By Pat Sherman

Removed from the bustle of Prospect Street and Girard Avenue, the quiescent, three-block stretch that makes up Ivanhoe Avenue (between Prospect and Torrey Pines Road) doesn’t always get its due. See Ivanhoe, a4

La JoLLa hiStoricaL Society

Burns Drugs’ space to undergo big renovation Design plans call for two apartments above retail space. Pat Sherman

By Pat Sherman The two-level space at 7824 Girard Ave. that was home to Burns Drugs for 62 years (before it closed earlier this year) is getting a complete interior and exterior makeover, as the new owner seeks to court a high-profile tenant. Michael Slattery of Cassidy Turley BRE Commercial Real Estate, who is handling the lease for the owner, Beverly Hills-based FDZ Partners LLC,

said the upstairs will be developed as two apartments, “based on the level of interest.” Although the building has not yet been leased, Slattery said Alcorn & Benton Architects (located nearby on Girard Avenue) were selected as the architect and a preliminary design has been chosen. “It’s a large building with hardly any windows,” Slattery said. “They’re going to make it much more attractive. I think

Choose La Jolla’s Leaders in Real Estate! Karen Hickman and Berkshire Hathaway Home Services –

The #1 choice to sell your home.

it’s really going to enhance that whole retail core area and attract some really high quality (tenants). “We talk to tenants all the time, but until we’re a little further along on the construction phase, there won’t probably be (anything solidified),” he said. Although the Burns sign is still in tact, Slattery said it

See BurnS SPace, a7

Karen HicKman 858-459-4300

Karen@SellsTheCoast.com

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La Jolla Light

08 14 14 la jolla light  

La Jolla Light

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