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• PacVentures Spends $12 Mil on San Diego Law School Campus
6/06/08
In this report we’ll cover five recent sales comps for recent office, industrial and land transactions in and around San Diego. The deal prices range from a high of $12 mil to a low of about $4 mil.
In an El Cajon deal, a ve...
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• Road to Class A Space in Kearny Mesa is Through Sunroad
6/05/08
Construction of a new 275k sf, Class A office tower in San Diego’s Kearny Mesa area is complete and leasing efforts are well underway. The building, Sunroad Centrum 1, is located on Spectrum Center Blvd midway between Clairem...
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• City of Santee Opposes Latest Prison Sentence
6/04/08
Undoubtedly, many commercial real estate execs can share stories of great frustration in dealing with local city or county agencies in trying to reach an agreement to move forward with a new project. So, imagine the challenge...
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• Owner/Users Snap up Oceanside Medical/Office Condos
6/04/08
Sales at a recently completed medical and office condo project in Oceanside indicate that there continues to be significant demand for well-located developments of this type throughout much of San Diego County. In the most re...
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• Multifamily Investors Park Their Money in Assets Near San Diego’s Balboa Park
6/03/08
Montecito Point, a 72-unit apartment complex located at 4179 3rd Ave in San Diego, was purchased by a San Mateo buyer for $17.5 mil ($243k/unit). Built in 1987, the property is situated north of Washington St and west of the...
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• Ryan Companies Sells 11 Units at New Carlsbad Flex Project
6/03/08
Owner/users have taken a liking to Ryan Companies’ Towers at Bressi Ranch project, as the company has already sold 11 units at the development’s just-completed first phase for a combined price of $8.78 mil. The 11-building pr...
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• San Diego Renters Very Satisfied with H.G. Fenton
6/02/08
For the sixth consecutive year, H.G. Fenton Company has been awarded top national honors based on resident satisfaction for its 11 San Diego County apartment communities, combining 2,800 apartment homes in total.
SatisFacts ...
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• New Project Provides Harmony for Small Industrial Users
5/30/08
A new multi-tenant industrial park currently under development in Escondido will offer 36.5k sf of space geared for the smaller user, with units ranging from 1.2k sf up to 2.2k sf in size, although multiple units can be combi...
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• New Affordable Housing Project Completed in San Diego’s Barrio Logan Area
5/29/08
A new affordable housing project in downtown San Diego is set to open to the public on June 5 at a Grand Opening and Dedication ceremony that will include San Diego Mayor Jerry Sanders and City Councilmember Ben Hueso along w...
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• El Cajon Industrial Facility Sells for $142/sf
5/28/08
A multi-tenant industrial facility in El Cajon was recently acquired for a price of $142/sf. The 40.9k sf building was purchased by San Diego-based Pacific Realty Advisors, led by general partners James T. Gianulis and Richar...
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• New 229-Unit Res Project in Downtown San Diego is Affirmed
5/27/08
Affirmed Housing has purchased a 20k sf property located at 1050 B St in downtown San Diego for the development of a new res project to be called Ten Fifty B. The seller, The Smiedt Children’s Trust and the Josephson Children...
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• Wrightwood Provides $21 Mil for Poway Industrial Buy
5/23/08
The Emri Group recently closed on the acquisition of a 144k sf single-tenant flex building In Poway, in a transaction that was financed with $21.3 mil provided by Wrightwood Capital. The two-story building is located at 14040...
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• San Diego Industrial Market Remains Stable
5/22/08
The San Diego County industrial market recorded just a slight increase in vacancy to 6.3 percent during the first quarter of 2008, evidence that the market remains stable despite negative absorption, according to the latest r...
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• WCB Takes Down New Tenant in Full Nielsen Deal
5/21/08
In a notable recent San Diego-area office lease, The Nielsen Company, a global information and media company, inked a 90-month, $10.7 mil lease for 36.4k sf ($3.27/sf/mo) of Class A office space at Sorrento South Corporate Ce...
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• Lankford/Phelps Team Awarded Development of $115 Mil La Jolla Research Facility
5/21/08
A new $115 mil research facility for the San Diego Consortium for Regenerative Medicine (SDCRM) in La Jolla is slated to get underway in the first quarter of 2009. The project, to be located at the corner of North Torrey Pine...
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• Coldwell Banker Commercial Almar Real Estate Group Newest Member of ONCOR International
5/20/08
Coldwell Banker Commercial Almar Real Estate Group (CBC Almar) was named as the newest member office of commercial real estate network ONCOR International LLC. CBC Almar, which will serve the San Diego and Southwest Riverside...
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• Mission Valley to Be Awash in 254 New Res Units Thanks to Aquatera
5/19/08
Aquatera, a new urban community in Mission Valley, will be completed in early 2009, bringing 254 new apartment homes to the area. The project is a development of H. G. Fenton Development Company, which will then have 12 commu...
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• Current Office Sublease Availability in San Diego Inline with Historic Averages
5/16/08
One of the important indicators in determining the health of a given office market is the direction of current sublease activity. Here’s a quick look at the sublease market for office space in San Diego, provided to us by Gru...
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• Car Wash Cleans Up with San Diego Office Buy
5/15/08
La Jolla Car Wash has made a splash in the San Diego office market with its $7.6 mil purchase of a 34k sf ($223/sf) Class B building in the heart of the city’s downtown area. The four-story building is located at 1060 8th Ave...
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• Nypro Leases Facility South of the Border
5/14/08
Here’s the scoop on a notable industrial lease just south of the border, in Tijuana, Mexico. Although the deal falls a few miles outside of the regular RENTV coverage area, we thought it might be of interest to many of you wh...
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