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March 19, 2024
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SAN DIEGO HEADLINES
R&D/Lab Portfolio in Rancho Bernardo Gets New Owner in $30.8 Mil Deal
3/19/24
Dollinger Properties buys two buildings totaling 90k sf

Bixby Land Company Establishes Industrial Fund
3/19/24
Fund launches with the recapitalization of five existing properties in CA, AZ and GA



Hammer Ventures Pays $9.1 Mil for Sorrento Mesa R&D Building
3/18/24
19.6k sf facility goes for $464/sf

Matt Carlson and Patrick Gildea Named Regional Leaders at CBRE Capital Markets
3/14/24
Carlson will provide strategic oversight for the West region, while Gildea will lead the East region

Drawbridge Realty Finishes Work on 80k sf Office/R&D Facility in San Diego’s Rancho Bernardo Submarket
3/13/24
Two floors of the three-story spec building have now been leased

Sorrento Mesa Industrial/Laboratory Building Sells for $540/sf
3/01/24
Biotest will use 42k sf building for product development and distribution

Mixed-Use Project Nearing Completion in Lemon Grove
3/01/24
66-unit community in San Diego County is being developed by LLJ Ventures and Citymark Development

BKM Capital Partners Closes $70 Mil San Diego Area Industrial Buy
2/29/24
Company purchases 198k sf Canyon Industrial Center in Kearny Mesa with plans for numerous upgrades

Mixed-Use Building in San Diego’s East Village Offered at $8 Mil
2/20/24
Four-story structure comprised of creative office space over retail

A Collaborative of San Diego Design Leaders Reinvigorates the Design Center, Introduces Futuro Space
2/13/24
Collection of new gathering spaces named for iconic Futuro House of the 1970s

Commercial Real Estate Financing Briefs
2/08/24
Recent transactions from George Smith Partners, CBRE and Bridgecore

Chula Vista Multifamily Property Trades for $116 Mil
2/06/24
273-unit Pulse Millenia goes for $425k/unit

San Diego Flex Biz Park Sells for $45 Mil
2/05/24
Purchase of 139k sf Sorrento View Business Park works out to $323/sf

Work Finished on $2 Mil Renovation of Scripps Ranch Office Property
1/26/24
121k sf Canvas on Willow owned by Sason

Single-Tenant Raising Cane’s in Imperial Beach Sells for $5.7 Mil
1/24/24
New construction asset picked up by NoCal investor

Overseas Investor Spends $8 Mil on Office Building in San Diego’s Rancho Bernardo Area
1/19/24
25k sf structure sits on just over two acres

Chestnut Properties lands $91 Mil in Construction Money for El Cajon Industrial Project
1/10/24
Gantry arranges loan for 386k sf Gillespie Field iPark

EQT Exeter Buys 202k sf Industrial Project in Chula Vista
1/10/24
Three-building asset was developed and sold by Rockefeller Group

San Diego Apartment Comp Works Out to $425k/Unit
1/02/24
Six-unit property is in the city’s North Park neighborhood

Strong Demand for Retail, Restaurant Space in San Diego County Predicted for 2024
12/18/23
Forecast comments from Urban Property Group note that small scale development and tourism will maintain influence on the sector in the region

Family Health Centers Pays $525/sf for San Diego Building
12/15/23
21k sf structure was built in 1977

Vista Office Complex Fetches $29 Mil
12/08/23
Exchange investor pays $287/sf for two-building, 102k sf property

San Diego Gas & Electric Company Leases 3.9-Acre Site in Miramar
12/06/23
Storage yard includes a 6.3k sf structure

ESET and Northwestern Mutual Take Full floors at Downtown San Diego Office Building
11/30/23
10-year deals total 45k sf at 655 West Broadway

SoCal Dutch Bros Building Sells for $2,737/sf
11/27/23
Private investor pays $2.6 mil for newly constructed, NNN-leased property in Escondido

Escondido Apartment Comp Works Out to $282k/Unit
11/14/23
Investor spends $1.4 mil on five-unit property

Owner/User Spends $4.24 Mil on Industrial Building in Vista
11/13/23
15k sf property sits on over two acres



 


 
 


 
 



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