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• Construction Finished on $456 Mil Project at La Jolla Hospital Campus
3/05/15
Construction has been completed on the new 383k sf Prebys Cardiovascular Institute and adjacent 26k sf central energy plant on the Scripps Memorial Hospital La Jolla campus, located at 9888 Genesee Ave in La Jolla.
McCarth...
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• Poway Industrial Asset goes for $129/sf
3/04/15
In the central San Diego County city of Poway, a 112k sf industrial property sold for $14.4 mil, or about $129/sf. Located at 13550 Stowe Dr, in the Poway Business Park, the facilty was purchased from a private investor by an...
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• Brookwood Financial Partners Completes 485k sf San Diego Office Purchase
3/03/15
Brookwood Financial Partners, out of Beverly, MA, purchased the Newport National Portfolio, consisting of three office properties totaling 484.6k sf located in San Diego County. The transaction was financed with $89.9 mil in ...
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• Pacifica Enterprises Buys Mixed-Use Development in Carlsbad
3/03/15
Pacifica Enterprises has purchased BluWater Crossing, a Class A, mixed-use property in Carlsbad. The recently constructed development is located at 6800 Embarcadero Lane, south of Palomar Airport Rd between Carlsbad Blvd and ...
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• Industrial Property in San Diego’s Barrio Logan Area Sells for $90/sf
3/02/15
Pelican Realty Group LLC, in a joint venture with Los Angeles-based PI Properties, has acquired Harbor Center, a two-building, multi-tenant industrial property totaling 40.5k sf in San Diego. The property was sold by an entit...
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• Commercial Property in Alpine Sells for $6 Mil
2/26/15
Alpine Regional Center, a three-building, 46.1k sf property in the city of Alpine, about 30 miles northeast of downtown San Diego, sold for $6 mil ($130/sf). The asset was purchased by Alpine Regional Center LLC from PV Alpin...
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• Buchanan Street Partners Closes on another San Diego Area Office Purchase
2/26/15
Buchanan Street Partners recently wrapped up its second San Diego area office buy in the past few weeks, paying $23.1 mil for Cornerstone Heights Corporate Center, a two-building, 98k sf office complex in Sorrento Mesa. The p...
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• HFF Arranges $30 Mil on Downtown San Diego Office Tower
2/25/15
In recent financing news out of San Diego, HFF arranged $30 mil for 101 Ash, a 347.1k sf office tower with subterranean parking in the city’s downtown. The borrower is The Gas & Electric Headquarters Building – San Diego LP, ...
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• HFF Arranges $167 Mil on Two SoCal Res Properties for Lyon Communities
2/24/15
HFF has arranged $166.66 mil in combined financing for two recently constructed, Class A multi-housing communities totaling 670 units in Southern California. The properties, located in Santa Ana and San Marcos, are both owned...
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• Firm to Occupy 50% of 20k sf Property Acquisition San Diego
2/24/15
A 20k sf, multitenant office/industrial property in San Diego sold for $2.45 mil ($123/sf). Built in 1988, the two-story building is located at 720 Gateway Center Dr, south of the 94 Fwy and west of I-805.
Mark Lewkowitz of ...
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• Lincoln Property Company Buys 68k sf Carlbad Office/R&D Park
2/23/15
Lincoln Property Company purchased a two-building, 68.4k sf R&D/office campus in Carlsbad for $11.9 mil ($174/sf). The buildings, located at 5993 and 5999 Avenida Encinas, just west of the I-5 Fwy off Palomar Airport Rd, were...
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• Escondido Industrial Property Sells for Over $7 Mil
2/20/15
A San Diego-based private investment firm has purchased Simpson Business Park, a 56k sf, multi-unit industrial building in Escondido. Located at 1305-1317 Simpson Way, south of Hwy 78 and just west of I-15, the property fetch...
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• Buchanan Street Partners Completes $20 Mil Carlsbad Office Buy
2/20/15
Buchanan Street Partners LP has purchased Carlsbad Corporate Office, a 121.5k sf office building in Carlsbad, for $19.5 mil, or around $160/sf. Located at 1950 Camino Vida Roble, north of Palomar Airport Rd and adjacent to Mc...
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• Leasehold Interest in NNN-Leased San Diego Property Sells for $11.9 Mil
2/19/15
A 45k sf, single-tenant, NNN-leased retail property fully occupied by Dave & Busters in San Diego traded hands at a price of $11.9 mil ($264/sf). The leasehold interest in the property, situated on 6.54 acres at 2931 Camino D...
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• Industrial Property in San Diego’s Miramar Area Sells for $110/sf
2/17/15
A 61k sf, multitenant industrial property in San Diego known as Soledad Business Park sold for $6.7 mil ($110/sf). The property is located at 8250-8260 Camino Santa Fe, east of I-805 and just north of Miramar Rd in the Miram...
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• Investors Trade 35k sf La Jolla Mixed-Use Property
2/13/15
Herschel & Wall, a 36.6k sf, mixed-use office and retail building in San Diego’s La Jolla neighborhood traded hands. It was purchased by a partnership between MHF Real Estate Group and McCarthy Ranch from a joint venture betw...
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• State of California Buys Five-Acre Kearny Mesa Site for CHP Office
2/10/15
The State of California purchased a five-acre land site in Kearny Mesa for $10.82 mil. The State plans to construct a California Highway Patrol office on the site, located at the corner of Kearny Villa Rd and Ruffin Rd.
The ...
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• Investor Buys Two Retail Centers Near US/Mexico Border
2/09/15
Two multitenant retail centers in San Diego County sold for $8.95 mil. The properties, Plaza Mayor and Otay Crossroads, are located at 2493-2495 Roll St, 9660 Via De La Amistad, and 2445-2455 Otay Center Dr in Otay Mesa.
Pla...
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• San Marcos Industrial Building Goes for $122/sf
2/04/15
In a recent industrial comp out of San Marcos, a 55.9k sf building sold for $6.8 mil, or $122/sf. The building is located at 700 Rancheros Dr, north of the 78 Fwy and west of Woodland Pkwy. The single-tenant, free-standing bu...
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• Cushman & Wakefield Acquires Carlsbad-Based Property Tax Resources
2/03/15
Cushman & Wakefield has acquired substantially all the assets of Property Tax Resources (PTR), a leading advisory service based in Carlsbad. The move was part of C&W’s ongoing efforts to provide a national tax advisory practi...
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