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February 5, 2023
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SAN DIEGO NEWS
Archive
1  | 2  | 3  |  4  | 5  | 6  | 7  | 8  | 9  | 10  ...  110
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• Robust Demand Fuels San Diego Industrial Market
4/28/22
This report was provided by real estate services firm JLL Industrial market conditions across San Diego remained largely unchanged in Q1, as overwhelming tenant demand continued to outpace existing and new supply. Currently,...
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• Darnell Capital Management Secures $12.6 Mil for San Diego Multifamily Development
4/27/22
Darnell Capital Management is moving forward with a multi-housing development located in San Diego’s Golden Hill neighborhood. The developer obtained $12.6 mil construction financing for the project. The project will offer a...
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• Apartment Property in San Diego’s Hillcrest Neighborhood Trades at $348k/Unit
4/25/22
A 16-unit apartment property in San Diego’s Hillcrest neighborhood sold for $5.57 mil, or $348k/unit. The 8.7k sf property is situated on a 7.1k sf lot located at 526-528 Anderson Place. Built in 1911, the property consists ...
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• Greenlaw Partners Invests $24.5 Mil in San Diego Industrial Acquisition
4/22/22
In a recent San Diego-area industrial buy, Greenlaw Partners purchased San Diego International Center, a 106.6k sf industrial warehouse in Otay Mesa. The property, located at 2323 Avenida Costa Este, traded for $24.5 mil ($23...
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• Two Carlsbad Office Assets Trade in Deals Valuing the Assets at $86 Mil
4/15/22
RPG has closed on the recapitalization sales of two Class A creative office and mixed-use office/retail assets in Carlsbad. The properties had a combined building value of $86 mil at the time of transaction. Transacted separ...
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• Westport Properties to Develop Two Industrial Buildings Totaling 96k sf in San Diego County
4/14/22
Westport Properties is planning to develop two Class A, 32’ clear-height, single-tenant industrial buildings in the Otay Mesa and Oceanside/Carlsbad submarkets in San Diego County. The company currently has five developments ...
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• Sudberry Properties Nearing Completion on 10-Acre Mixed Development in San Diego’s Scripps Ranch Area
4/07/22
Construction is nearing completion on The Hub at Scripps Ranch, a mixed-use redevelopment project featuring 260 modern luxury apartments with outstanding amenities and 10.7k sf of retail/restaurant space. The 9.52-acre site, ...
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• CEDARst Companies To Develop 190-Unit Res Project in San Diego
4/05/22
CEDARst Companies has landed $43.5 mil in construction financing for the development of 4135 Park Blvd, a 190-unit, mid-rise, mixed-use multi-housing project located on the border of the North Park and Hillcrest submarkets in...
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• Rexford Industrial Realty Spends $65 Mil on Four SoCal Properties
4/04/22
Rexford Industrial Realty closed on the purchase of four SoCal industrial properties totaling 150.7k sf for $65 mil. The assets, located in Van Nuys, Carson, Vernon and Oceanside, were sold by New York-based New Mountain Capi...
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• Two-Building Office Portfolio in San Diego Fetches $145 Mil
4/01/22
Governor Park Portfolio, consisting of two office buildings totaling 212.2k sf in San Diego’s UTC submarket with life sciences redevelopment potential, has sold for $145 mil ($683/sf). The buildings are situated on individual...
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• Neurocrine Biosciences Inks Lease for 535k sf of Life Science Space in San Diego’s Del Mar Heights
4/01/22
Neurocrine Biosciences Inc, a neuroscience-focused, biopharmaceutical company, has signed a lease at for 535k sf of Class A life science and office space at Aperture Del Mar in San Diego’s Del Mar Heights area, in one of the ...
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• Fairfield Spends $106 Mil on Downtown San Diego Res Community
3/30/22
In a recent, $106 mil San Diego multifamily trade, Fairfield purchased IDEA1, a 295-unit ($359.3k/unit), award-winning, Class A, mid-rise multi-housing community in downtown. The property, located in the East Village neighbor...
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• Stos Partners Picks Up 10-Unit Res Asset in San Diego’s Rolando Village Area
3/29/22
Stos Partners in partnership with Apartment Worth and a high-net worth family investment entity, has acquired a 9.5k sf ‘ten-plex’ multifamily community in the Rolando Village submarket of San Diego. The property, which is lo...
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• San Marcos Retail Property Gets New Owner in $9.4 Mil Deal
3/25/22
Galleria Vera Cruz, a 28.5k sf, value-add retail strip center in San Marcos, sold for $9.45 mil ($331.50/sf). Originally constructed in 1986, Galleria Vera Cruz is 95% leased to a mix of local food, health and beauty and fina...
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• JLL Acquires Gilliland Construction Management
2/23/22
JLL has completed the acquisition of Gilliland Construction Management, a leader in project and construction management services for life sciences, lab, retail, hospitality, industrial, multifamily and office properties. Fo...
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• Commercial Financing Briefs
2/22/22
CBRE CAPITAL MARKETS - Nick Santangelo of CBRE Capital Markets’ Debt and Structured Finance arranged an $80.5 mil loan for the refinancing of 224 Logistics Park, an industrial facility in Milwaukie, OR. The loan was funded th...
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• Holland Partner Group, North America Sekisui House and Lowe Begin Work on 37-Story Mixed-Use Tower in Downtown San Diego
2/18/22
Holland Partner Group, North America Sekisui House and Lowe are underway with the development of West in Downtown San Diego, a $400 mil, 37-story mixed-use project located at 1011 Union St. As the first multi-mixed-use tower...
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• Sason Buys 59k sf Office Asset in Kearny Mesa
2/15/22
New York-based real estate investor Sason has acquired Chesapeake Corporate Center, a two-story, 59.2k sf office building located at 9555 Chesapeake Drive in San Diego’s Kearny Mesa submarket. Although the price was not given...
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• Luminous Capital Management and Virtus Real Estate Capital Buy 37k sf Carlsbad R&D Building
2/02/22
Luminous Capital Management, in partnership with Austin-based Virtus Real Estate Capital, has acquired 2290 Cosmos Court, a 37.3k sf industrial/R&D building in Carlsbad, for $9.53 mil ($255/sf). The building, which until Apr...
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• S.D. Malkin Properties Secures $265 Mil Refi on Oceanside Resort Property
1/27/22
In a large financing deal, S.D. Malkin Properties has secured a $265 mil refi on a 387-key, master-planned beach resort in Oceanside. The resort includes the 161-key Mission Pacific boutique hotel and The Seabird Resort, a 22...
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