|
• The Festival Companies Buys 55k sf San Diego-Area Retail Center
8/26/15
The Festival Companies, out of Los Angeles, purchased Sorrento Court, a 55k sf retail center in San Diego’s Sorrento Mesa submarket. The 96%-leased property was purchased with a $21.1 mil loan arranged by Meridian Capital Gro...
|
• Pacific Urban Residential Nabs 193-Unit Asset in Poway
8/26/15
Summerlyn Apartments, a 193-unit multifamily property in Poway, was purchased by an affiliate of Pacific Urban Residential for $41.15 mil ($213.2k/unit). The asset, situated on 8.93 acres at 13409 Midland Rd, north of Poway R...
|
• JS Capital Buys Historic, 20k sf Building in Downtown San Diego’s Ballpark Area
8/21/15
JS Capital Enterprises Inc has acquired a 20k sf, four-story historically designated building in San Diego for $4.7 mil ($235/sf). The building, commonly known as the “,” is located on a 5k sf lot at 701 Island Ave, west of I...
|
• New Standard Equities Purchases 74-Unit Res Property in Spring Valley
8/18/15
New Standard Equities (NSE) has acquired Rancho Azul, a 74-unit multifamily project in Spring Valley, for $14 mil ($189k/unit) in a venture with Hanover Financial. The asset, formerly known as El Paseo, was sold by Fowler Pro...
|
• San Diego Office Tower Recapitalized with $130 Mil First TD
8/18/15
The EMMES™ Group of Companies has recapitalized 1 Columbia Place, a 556k sf, Class A office complex in Downtown San Diego, with $130 million in first mortgage debt. The loan was provided by Mesa West Capital.
A majority of t...
|
• PREF Acquires Building in San Diego’s East Village from Cisterra Development
8/17/15
PREF, an affiliate of San Diego-based Paragon, has acquired the two-story freestanding Unicorn Building, located at 7th Ave and J St in Downtown San Diego, for $4.35 mil. The 13k sf ($335/sf) property, located within Downtown...
|
• Dolce Pane e Vino Signs Lease for Restaurant in Carmel Valley
8/14/15
Dolce Pane e Vino, a casual upscale dining restaurant with farm-to-table wood-fired cuisine, a wine bar and hand-crafted cocktails, inked a lease for a 5.1k sf space at The Village at Pacific Highlands Ranch in the North Coun...
|
• Alliance Residential Buys Dev Site in San Diego’s North Park Area for $7 Mil
8/11/15
Alliance Residential purchased a 1.21-acre res development site in San Diego’s North Park area for $7.11 mil. The site, located at 4220 Arizona St, south of El Cajon Blvd between Hwy 163 and I-805, currently houses a 49.5k sf...
|
• Scripps Ranch Building Sells for $5 Mil
8/07/15
Hill Properties purchased a 40.1k sf, two-story corporate headquarters building in Scripps Ranch for $5.1 mil, or $127/sf. The property is located at 9715 Businesspark Ave, east of I-15 and north of Pomerado Rd.
The buyer pl...
|
• John Hancock Pays $258 Mil for San Diego Office Portfolio
8/07/15
John Hancock has purchased four office campuses totaling nine buildings and 933.1k sf of space in San Diego for $258 mil ($276/sf). John Hancock is the U.S. division of Manulife Financial Corp. The assets were sold by LA-base...
|
• San Diego Retail Portfolio Sells for $107 Mil
8/06/15
In San Diego’s Kearny Mesa submarket, a 294.4k sf retail portfolio was purchased by a commingled fund managed by Clarion Partners, working with existing partner HP Investors LLC, for $107.15 mil, or around $364/sf. The assets...
|
• The Gildred Companies Picks Up Corporate HQ Property in Kearny Mesa
7/31/15
A corporate HQ property in San Diego traded hands, as The Gildred Companies purchased Campus at Copley, a three-building, 101.6k sf office campus in the city’s Kearny Mesa submarket. The price was not disclosed.
Campus at Co...
|
• Miller Global Properties Picks Up Carlsbad Office Asset
7/27/15
Miller Global Properties purchased Ocean Ridge, a 75k sf LEED Gold office building in Carlsbad. The price was not given out.
Ocean Ridge is located at 5796 Armada Dr, adjacent to the Carlsbad Flower Fields and less than one ...
|
• Historic Property in San Diego’s Gaslamp Quarter Sells for Over $10 Mil
7/23/15
An affiliate of Beverly Hills-based Maxxam Enterprises recently acquired The William Penn Building, a mixed-use property in the heart of San Diego’s Gaslamp Quarter, for $10.2 mil. The building is situated on a 5k sf site on ...
|
• SR Commercial Acquires Three San Diego Area Industrial Assets
7/22/15
SR Commercial has acquired three industrial assets totaling 174.5k sf in the San Diego market. The purchases consist of a multi-tenant industrial business park in Vista, an industrial flex/R&D property in Carlsbad, and two fr...
|
• Carlsbad Apartment Property Traded in $10 Mil Deal
7/20/15
Laguna Palms, a 45-unit, garden-style apartment building in Carlsbad, sold for $10 mil, or $222.2k/unit. The property is located at 935 Laguna Dr, west of I-5 and north of Carlsbad Village Dr.
Built in 1973, the unit mix at ...
|
• Trion Properties Sells Two San Diego Multifamily Properties and Buys a Third One
7/15/15
Los Angeles,-based Trion Properties has sold two multifamily properties in San Diego County for $7.63 mil and has acquired another apartment property in San Diego County for $9.65 mil.
One of the properties Trion sold was Ca...
|
• Rexford Industrial Realty Closes 112k sf Poway Buy
7/15/15
LA-based Rexford Industrial Realty has just acquired Danielson Court, a 112.1k sf industrial complex in Poway, for $16.9 mil, or approximately $151/sf. Danielson Court is 100% occupied by tenants with a variety of uses, rangi...
|
• Investors Nab Escondido Auto Center Biz Buy
7/10/15
Private investors closed on a San Diego “County business buy, paying $2.2 mil for the 76 North County Auto Center in Escondido. The business consists of a high volume 76 Gas Station, convenience store and full service car was...
|
• Rockpoint Group Venture Spends $150 Mil on San Diego Office/Retail Property
7/09/15
A venture led by Boston-based Rockpoint Group LLC has acquired Aventine, an 11-story, 216.1k sf office tower in San Diego’s University Towne Centre submarket. The purchase, which had a total price of about $150 mil ($628/sf),...
|
Return to the Southern California - San Diego area
