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September 20, 2018
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SAN DIEGO HEADLINES
Private Investor Picks Up 75-Unit Multifamily Property in La Mesa
9/20/18
Deal is for 68k sf Palm Springs Apartments

Construction Started on 100k sf Life Science Building in San Diego’s UTC Submarket
9/17/18
Facility is part of Phase 3 Real Estate Partners’ 314k sf GENESIS Campus Point



Sukut Real Properties Acquires 294k sf San Diego Area Industrial Property
9/14/18
Mira Mesa Distribution Center sold by The Sickels Group

Escondido Industrial Building Acquired by 4S Properties – Saddleback Associates for $173/sf
9/14/18
New owner to reposition and re-market the property



Investor Nabs Two Encinitas Coastal Apartment Properties for $10 Mil
9/13/18
Identical buildings total 24 units and were sold by the properties’ developer and long-time owner

Maravai LifeSciences Leases 95k sf in Sorrento Valley
9/13/18
Firm to use most of space for its TriLink BioTechnologies operations

Mission Valley Office Campus Fetches $20 Mil
9/11/18
CIF Group buys 95k sf 35 North asset

Otay Mesa Industrial Portfolio Trades Hands
9/05/18
BKM Capital Partners buys 14 buildings totaling over 700k sf

San Diego Area Creative Office Building Goes for $465/sf
9/05/18
Exchange investor buys 20k sf property in Sorrento Mesa

Commercial Real Estate Financing Briefs
9/04/18
Recent transactions from Newmark, NorthMarq Capital and IBorrow

San Diego Apartment Comp Comes in at $176k/Unit
8/29/18
14-unit asset located in city’s Ramona neighborhood

BofI Federal Bank Leases 160k sf at Irvine Company Properties in San Diego County
8/28/18
Firm inks deals at two buildings in La Jolla UTC

Commercial Real Estate Financing Briefs
8/23/18
$232 mil of recent deals from Capital One, Newmark and David B. Norton

Class A Office Asset in San Diego’s Del Mar Heights Trades for $578/sf
8/23/18
EverWest Real Estate Partners buys 74k sf DMcp

Carlsbad Industrial Building Sells for $175/sf
8/21/18
Private investor acquires fully leased 20k sf facility

CapRock Partners Picks Up 26 Acres in Sorrento Mesa for Industrial Development
8/15/18
Land will be used for construction of both spec and build-to-suit facilities

San Diego Apartment Building Goes for $265k/Unit
8/14/18
Local investor buys 26-unit asset in city’s Clairemont area

San Diego Area Neighborhood Center Sells for $5.25 Mil
8/13/18
Deal is for Ashford Retail Center in city’s Clairemont area

Carlsbad Office Complex Fetches $17.4 Mil
8/10/18
Coseo Properties pays $174/sf for 100k sf property

TruAmerica Multifamily and Intercontinental Real Estate Corporation Buy 527-Unit TOD Apartment Community in La Mesa
8/09/18
Purchase is of Alterra & Pravada at Grossmont Station property

$10.25 Mil Buys 35-Unit La Mesa Res Property
8/09/18
Enclave at Lake Murray goes for $293k/unit

Admiral 2R Management Closes on Office Buys in Phoenix and San Diego
8/06/18
Firm picks up two assets totaling 298k sf

Medical Office Asset in Kearny Mesa Trades for $27.5 Mil
8/03/18
Vista Investment Group buys 140k sf Seville Plaza

Caltrans Buys 111 Acres in Carmel Valley for Wetlands Project
8/02/18
State agency spends $2.7 mil on land to be set aside as permanent open space

Former Church Property in San Diego Sells as Redevelopment Opportunity
8/01/18
21k sf property in city’s University Heights area goes for $3.6 mil

San Marcos Apartment Property Trades for $195k/Unit
7/31/18
20-unit complex acquired for $3.9 mil

San Diego Retail Reaches Highest Asking Rate on Record
7/30/18
CBRE 2nd quarter report shows some optimism for the market

Del Mar Office/Retail Complex Goes for $27.5 Mil
7/26/18
LPC West buys 57k sf Polo Plaza in San Diego County

Pathfinder Partners and Silvergate Development to Develop 130-Unit Apartment Community in La Mesa
7/26/18
Venture acquired 4.1-acre former convent property for the project

San Diego Area Life Science Campus Refinanced with $149 Mil Loan
7/25/18
HFF arranges new financing on Phase 3 Real Estate Partners’ Genesis Campus Point

BOSA Development to Transform Vacant Building in Downtown San Diego into Class A Office Property
7/19/18
Redevelopment project situated adjacent to Horton Plaza

Grocery Chain ALDI Signs Lease for New Store in Mira Mesa
7/19/18
Chain takes 20k sf at Plaza Sorrento

Two Industrial Buildings in Scripps Ranch Business Park Trade Hands
7/09/18
Properties totaling 28k sf were fully leased at time of sale

Brixton Capital Buys El Cajon Property for Redevelopment Project
7/09/18
Company will turn former police station site into a retail and hotel complex

The Certe Group Buys Avilla Heights Apartment Complex in Chandler, AZ
7/03/18
Purchase of 116-unit property financed with $18.3 mil Fannie Mae loan

Construction Nearly Finished on Luxury Res Project in Northeast San Diego County
6/29/18
Development is 31-unit Paseo Village Townhomes in Ramona

Wakeland Housing & Development Buys San Diego Land for Development
6/28/18
Firm plans to build an affordable housing community on the site



 


 


 
 
 



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