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March 29, 2024
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SAN DIEGO NEWS
Archive
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• Qualcomm Spends $172 Mil on Sorrento Mesa Office Complex
10/14/08
Qualcomm, the NASDAQ-traded wireless communications firm, has taken greater control of its real estate needs by acquiring the three-building Pacific Center office complex, containing about 535k sf of space, in Sorrento Mesa i...
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• Vista Medical Office Property Fetches $16.6 Mil
10/13/08
Vista Medical Plaza, a 45.7k sf medical office property at 2067 W. Vista Way, east of College Blvd and adjacent to the north side of the 78 Fwy, traded hands in a recent $16.6 mil ($363/sf) transaction. The property was fully...
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• Downtown San Diego Retail Market Remains Strong
10/10/08
Here is an informative overview of the retail market in downtown San Diego, which remains very strong, despite the struggling economy and the slowdown in consumer spending. This report was provided to us by Cushman & Wakefiel...
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• New Kearny Mesa Project is San Diego’s First Spec LEED-Certified Office Tower
10/08/08
Sunroad Centrum I, a 275k sf Class A office tower located in Kearny Mesa, has officially achieved LEED certification, as determined by the U.S. Green Building Council. Developed by Sunroad Enterprises, the 11-story building h...
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• State of California Takes Ground Floor Space in New El Cajon Project
10/06/08
The State of California inked a notable office space in the northern SD County town of El Cajon, taking 12.6k sf of ground floor space at RSD Hilton Head, a two-story, 58.6k sf office building located at 1530 Hilton Head Rd. ...
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• C&W’s Retail Advisors to Expand Beyond San Diego
10/02/08
Cushman & Wakefield│Retail Advisors, based in San Diego County, has initiated SoCal expansion plans that will include the addition of the Orange County Cushman & Wakefield office in Irvine. That move is expected to be f...
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• OliverMcMillan Acquires Downtown San Diego Development Site
9/30/08
OliverMcMillan purchased two lots totaling 0.76 acres at the northwest corner of 15th St and Island Ave in downtown San Diego for the development of multi-family housing. The land was acquired from Escondido Property Managers...
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• Draftsmen & Craftsmen
9/29/08
We thought those of you who like to keep up with construction news and info on the latest techniques and design trends in renovation projects might be interested in this news about a bank branch project in Chula Vista. Johnso...
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• Capstone Advisors Buys Carlsbad HQ Facility
9/29/08
In a recent Carlsbad office property buy from earlier in the summer, Capstone Advisors purchased a 14.2k sf building at 1545 Faraday Ave, north of Palomar Airport Rd and west of College Blvd, for $3.32 mil ($234/sf). Capstone...
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• Construction Well Underway on Final Office Building at Liberty Station
9/26/08
The walls have been tilted on the final structure within the Office District portion of Liberty Station, a master-planned mixed-use project on the former Naval Training Center site in Point Loma. This new building, a 104.4k s...
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• $21 Mil San Diego Sale is an On Broadway Production
9/26/08
Downtown San Diego’s investment market is showing continued resilience despite the more difficult times, as evidenced by the recent sale of On Broadway, a three-building, mixed-use property located at 1023 Fourth Ave and 1014...
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• UCSD Inks $19 Mil Deal for 48k sf Torrey Pines Facility
9/25/08
And in a Carlsbad lease, Security Business Bank of San Diego inked a seven-year, $1.93 mil deal for 8k sf ($2.87/sf/mo) of office space at Centerpoint Plaza, a 96.7k sf, three-story Class A office project located at 5901 Prie...
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• San Diego Apartment Sales Continue Slide in 2nd Quarter 2008
9/24/08
San Diego County saw the number of apartment sales continue to decline in the second quarter of 2008, registering a drop that was greater than the rate of decrease in sales prices, according to the latest data from Cushman & ...
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• Blockbuster San Diego Sale has Price Tag of… $2.2 Mil
9/24/08
A 6.5k sf retail property on a single-user pad in front of Albertsons traded hands at a price of $2.2 mil ($338/sf). The property is fully leased to Blockbuster and is located at 5197 Waring Rd, in the city’s Allied Gardens a...
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• Vista Apartment Properties Fetch $20 Mil
9/23/08
Two 82-unit apartment properties in Vista, a city in north San Diego County, sold in deals worth a combined $20.25 mil. One of the properties is Las Terrazas, at 1440 Oak Dr, which sold for $9.75 mil ($118.9k/unit), while the...
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• Development of Vista Medical Office Project Moving Along
9/22/08
We know that many of you are fans of development and enjoy checking out images of new projects as they’re still under construction, so we thought we’d share these recent pics of CreekView Medical Park in Vista after the exter...
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• WaMu Inks Deal for New Mira Mesa Location
9/19/08
Washington Mutual Bank hasn’t let a minor economic hiccup derail their expansion plans, as the company recently signed a 10-year, $2.59 mil lease for 6.5k sf ($3.32/sf/mo) of retail space at Mesa Town Center, located at 9025 ...
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• Carlsbad Lease a Very Entriq-ing deal
9/18/08
Entriq agreed to a five-year, $3 mil lease for 22.2k sf ($2.25/sf/mo) of space at 5857 Owens Ave, on the north side of Palomar Airport Rd in Carlsbad. Entriq, an international digital media company that makes it easy for cont...
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• Dutch Firm Sparkles after $161 Mil Buy of DiamondView Tower in San Diego
9/17/08
European investors closed on a major downtown San Diego office buy, paying $161 mil for DiamondView Tower, the gleaming 15-story, 305.3k sf high-rise that sits directly behind the right-field fence of Petco Park in the city’s...
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• San Diego’s I-15 Corridor Office Market Well-Positioned to Withstand Economic Slowdown
9/16/08
Here’s a look at San Diego County’s I-15 Corridor office market, one of the few areas in the region enjoying declining vacancies. This article is a summary of a mid-year report from Cushman & Wakefield and was provided to us ...
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