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Recent Activity Brings Trio of San Diego Industrial Projects to Fully Leased 12/18/09 Three industrial projects along central San Diego’s I-15 Corridor now stand at 100 percent leased, thanks to recent leasing activity. Located in Scripps Ranch, Rancho Bernardo and Poway, the three projects total 375.2k sf.
C...
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New San Diego Affordable Housing Project Opens 12/17/09 Los Vientos, a new affordable housing community in San Diego, recently opened to the public. Located at 1668 National Ave, Los Vientos features 89 family units, replacing underutilized industrial parcels. It was developed by...
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200k sf San Diego-Area Lease Should Be a Sign of Mor to Come 12/17/09 Mor Furniture For Less has agreed to a 10-year lease for 199k sf of industrial space in San Diego’s Brown Field Business Park, in what we’ve been told is the largest industrial lease in San Diego County since 2006. The projec...
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Pollack Architecture Wins Best of Year 2009 Award 12/15/09 POLLACK architecture received a “Best of Year 2009” award at a recent event hosted by Interior Design Magazine. POLLACK was recognized for the REEF Inc headquarters project in Carlsbad, which topped the 'Budget' category in t...
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NoCal Investor Closes $16 Mil Oceanside Apartment Buy 12/14/09 Rancho Las Brisas, a 136-unit apartment complex in the northern San Diego County community of Oceanside, sold for $16.1 ml, or $118.4k/unit. Built in 1974, the property is located at 3699 Barnard Dr, north of the 78 Fwy and j...
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Shrinking Employment Level Still Pulling Down San Diego Office Market 12/04/09 With the unemployment rate in San Diego greater than 10 percent and operating incomes falling, more companies have reduced their space demands or shuttered, driving down occupancy levels and rents, according to a fourth-quart...
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Transportation Security Administration Pulls into Liberty Station 12/03/09 In the latest leasing news from the Liberty Station Office District in San Diego, the Transportation Security Administration signed a 10-year lease for 16.6k sf of office space at Building 902. The Transportation Security Adm...
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San Diego-Area Retail Property Signs Three Tenants 11/30/09 Three new tenants -- Ace Hardware, Yogurt Jubilee and Ahi Sushi – inked leases at Alpine Creek Town Center, a 73.6k sf shopping center located at 1347 Tavern Rd, just south of the I-8 and Tavern Rd exit in Alpine. With these ...
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San Diego’s Chancellor Park Remains Popular with Medical/Office Tenants 11/20/09 There were three news leases to report at Chancellor Park, a Class A office and medical park in San Diego’s University Town Center area. The deals combined for 11.8k sf of space and totaled up to $4.2 mil in value.
Chancello...
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San Diego Architectural Firm Picks Up Office Building in Short Sale 11/19/09 A three-story, 19.4k sf office building at 4499 Ruffin Rd in the Kearny Mesa submarket of San Diego was acquired for $2.85 mil ($147/sf) in a short sale. The buyers, James T. Ferguson, Philip J. Pape and Andrew S. Darragh, ow...
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Escondido Fractured Condo Sale Brings in $5.5 Mil 11/18/09 A fractured condominium project traded hands in a recent $5.5 mil Escondido deal. The property, Heritage at Canyon Pointe Condominiums, is located at 495-505 San Pasqual Valley Rd, east of I-15, and was sold by H.G. Fenton Co...
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Westcore Properties Recognized for Renovation of San Diego-Area Retail Center 11/13/09 Westcore Properties has received the Alpine Leadership and Public Service (ALPS) President’s Award for its recent renovation and redesign of Alpine Creek Town Center, a 73.4k sf shopping center at 1347 Tavern Rd in Alpine, ro...
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Trigild Hires Michael Dorris and Jules Sherwood 11/11/09 Michael Dorris and Jules Sherwood have been hired as senior project managers at San Diego-based Trigild, the distressed property management and loan recovery specialists. Dorris and Sherwood will work closely with senior mana...
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Sorrento Mesa Office Landlord has a New Boss 11/10/09 To the north, in Carlsbad, Islands Restaurants LP agreed to an expansion/renewal deal for 13.8k sf of office space at Ocean Terrace Corporate Center, located at 5750 Fleet St, east of I-5 and north of Palomar Airport Rd. The ...
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CBRE Lands Leasing Assignment for 367k sf Medical Office Portfolio 11/06/09 CB Richard Ellis has been awarded the leasing assignment for 367k sf of medical office properties in San Diego County, the Baltimore suburb of Columbia and the Atlanta suburb of Cartersville. The properties are owned by Sant...
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San Diego Industrial Market Remains in Negative Territory 11/05/09 The San Diego County industrial market remains tenant-driven, as landlords focused on occupancy continue to write aggressive leases including free rent and generous tenant improvements to attract new tenants and retain curren...
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L-3 Communications Agrees to $8.8 Mil Lease Renewal in Sorrento Mesa 11/04/09 New York-based L-3 Communications Corporation inked an $8.78 mil renewal for 123.4k sf of office and R&D space at 10770 Wateridge Circle, east of I-805 and south of Sorrento Valley Blvd in Sorrento Mesa. The term of the lease...
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North County Tavern & Bowl Leases New Location in Escondido 10/29/09 North County Tavern & Bowl inked a lease for 15.3k sf of retail space at Westfield North County Mall in Escondido. The 10-year year transaction is worth $2.95 mil, or about $1.60/sf/mo.
Westfield North County Mall is located...
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ATK Leases Over 200k sf of Industrial Space in San Diego 10/29/09 ATK Space Systems recently inked a couple of notable deals in San Diego’s Miramar area for a combined total of 213k sf of space. In one of the leases, ATK Space Systems, a division of Alliant Techsystems Inc, signed a five-ye...
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Pacific Maritime Sails into 58k sf Otay Mesa Facility 10/28/09 Pacific Maritime Industries Corporation purchased a 57.6k sf building at 1790 Dornoch Ct, east of the 125 Hwy and just north of the Mexican border in Otay Mesa. The $4.7 mil deal is said to be the largest owner/user sale in t...
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