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July 17, 2019
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SAN DIEGO NEWS
Archive
1  | 2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  86
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• Encore Capital Group Leases 95k sf of Space in Mission Valley
5/06/19
Encore Capital Group has inked a lease for 95k sf of HQ space at the recently redeveloped AMP&RSAND project, the former San Diego Union-Tribune site in Mission Valley. Encore, a global specialty finance company, had previousl...
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• Work Gets Underway on 141k sf Spec Industrial Facility in San Diego
5/06/19
Construction has started on RB Vista, a 141k sf spec, industrial building in San Diego’s Rancho Bernardo area. The building, situated on just over 10 acres on Via Del Campo, can accommodate a variety of requirements ranging f...
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• Value-Add Res Property in San Diego Goes for $232k/Unit
5/01/19
The Hilltop Townhome Apartments, a 24-unit apartment complex in San Diego, has sold for $5.575 mil, or $232.3k/unit. The property, located at 3601 Hilltop Dr in Lemon Grove, is viewed as a value-add buy. The property is comp...
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• Rexford Industrial Realty Spends $139 Mil onTwo SoCal Purchases
4/30/19
Rexford Industrial Realty Inc recently closed on the purchase of two industrial properties, comprising six buildings, for a total of $139 mil. The acquisitions were funded using cash on hand and draws on the company's line of...
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• Class A Industrial Facility in Carlsbad Sells for $260/sf
4/26/19
A 55.6k sf, Class A industrial property in Carlsbad sold for $14.45 mil ($260/sf). The recently constructed facility is fully leased and was acquired by a private high net worth family from San Diego. Located at 3248 Lionshe...
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• San Diego Apartment Building Goes for $319k/Unit
4/26/19
In a recent multifamily sales comp from San Diego, a nine-unit, garden-style apartment property sold for $2.875 mil, or $319.4k/unit. Originally built in 1975, the property totals 6k sf and was 100% occupied at closing. The ...
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• Vehicle Auction Company Buys 51 Acres in Otay Mesa
4/23/19
Copart Inc, a Dallas-based online vehicle auction company, purchased 51 acres of land in Otay Mesa for $30 mil. Located at the north end of La Media Rd and the east side of Brownfield Airport, the property has been used as a ...
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• Poway Industrial Facility goes for $218/sf
4/19/19
A 73k sf industrial facility in Poway sold for $15.95 mil, or $218/sf. The facility, located at 13450 Stowe Dr, is 100% leased to Aldila Composite Materials, a subsidiary of Mitsubishi and a leading designer and manufacturer ...
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• Rexford Industrial Realty Spends $84 Mil on Four SoCal Assets
4/19/19
Rexford Industrial Realty Inc recently acquired four SoCal industrial properties in deals totaling $84.5 mil. The acquisitions were funded using cash on hand. According to comments from the company, this acquisition of over ...
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• Fully Leased Office Building in San Diego Sells for $220/sf
4/18/19
A private investor purchased Cornerstone Office Center, a 43.2k sf office building in San Diego’s Sorrento Mesa area, for $9.5 mil ($220/sf). The three-story, Class B building was 100% leased at the time of sale. It is anchor...
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• Office Campus in San Diego’s Kearny Mesa Area Goes for $40 Mil
4/15/19
Washington Capital Management, on behalf of a client, acquired Spectrum Corporate Plaza, a 129.1k sf office campus in San Diego’s Kearny Mesa area, for $39.8 mil ($308/sf). Located at 9242 and 9246 Lightwave Ave, the campus...
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• Stockdale Partners Waiting for Approval for Redevelopment of Retail Space in Downtown San Diego
4/11/19
Stockdale Capital Partners’ planned The Campus at Horton will create a vibrant mixed-use high-tech office, lifestyle retail and food & beverage experience in the heart of downtown San Diego. The project, still waiting on appr...
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• Multi-Tenant Retail Center in Oceanside Hits the Market with $20.6 Mil Asking Price
4/09/19
Here’s news of a five-tenant, 65.7k sf open-air shopping center in Oceanside that was just put on the market. The asset, Best Plaza, includes a new 20-year Jack in the Box ground lease. The asking price is $20.59 mil. Opened...
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• Tower Investments Pays Over $300/sf for Retail Space at The Harbor Club in San Diego
4/05/19
Tower Investments LLC paid $13.6 mil for the condominium retail spaces at the Harbor Club, a premier residential and retail building located in the heart of Downtown San Diego.The space, totalling 42.8k sf ($318/sf), is locat...
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• Kearny Mesa Multifamily Dev Set to Move Forward with $145 Mil in Financing
4/05/19
Sunroad Enterprises has secured a $145 mil senior loan for the development of Sunroad Centrum Phase 6, a seven-story, 442-unit, Class A multifamily development in San Diego’s Kearny Mesa neighborhood. The project will be the ...
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• San Diego Area Biz Park Traded in $28 Mil Transaction
4/04/19
San Diego-based Fenway Capital Advisors and Waterfall Asset Management acquired Four Points Business Park, a 124.5k sf business park in San Diego’s Kearny Mesa area, for $28.2 mil ($227/sf). The asset ws sold by Brookwood Fin...
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• Retail Property in San Diego’s East Village Goes for $655/sf
4/04/19
A private investor paid $3.8 mil for a 5.8k sf ($655/sf) property leased to Half Door Brewing Co in San Diego’s East Village neighborhood. Located at 903 Island Ave, the property sits in an opportunity zone one block from Pe...
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• Office Property in San Diego’s Hillcrest Neighborhood Sells for $360/sf
4/01/19
The AIDS Healthcare Foundation purchased a 13.3k sf office building in San Diego’s Hillcrest neighbourhood for $ 4.8 mil ($361/sf). The two-story, freestanding building is located at 3850 Fifth Ave, south of Washington St and...
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• Federal Government Inks $148 Mil Lease of 100k sf Facility in Kearny Mesa for Conversion to a State-of-the-Art VA Outpatient Clinic
4/01/19
The U.S. Federal Government agreed to a 20-year, $148 mil lease of an existing 100k sf facility that will be transformed into a state-of-the-art Veterans’ Administration (VA) outpatient clinic – the only one of its kind in So...
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• Draftsmen & Craftsmen
3/28/19
Construction of San Diego Mesa College’s Fine Arts Building has been completed. The $15.9 mil project consists of a four-story, 26.5k sf facility that unites the program’s departments into a single modernized building. The ...
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