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May 6, 2021

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SAN DIEGO HEADLINES

Draftsmen & Craftsmen
5/06/21

Cisterra Development completes Kearny Mesa corp HQ for Cubic Corporation

Kearny Mesa Office Buiding Purchased in $9 Mil Deal
5/04/21

36k sf structure to be converted to a surgery center and medical offices

Commercial Real Estate Financing Briefs
5/03/21
Recent transactions totaling $90 mil from David B. Norton, Gantry, Greystone and NorthMarq

AppFolio Leases 40k sf of Office Space in Kearny Mesa
5/03/21

Deal is for the first and second floors at Sunroad Centrum tower

Sterling Bay West and Harrison Street Buy Two Life Sciences Properties in Sorrento Mesa
4/19/21

The assets total 90k sf of space

Bridge Investment Group Pays $43 Mil for La Mesa Multifamily Property
4/16/21

133-unit The Cove sold by IEC

San Diego Industrial Market Performing at Record Level
4/14/21
First quarter update on the market from Kidder Mathews

Anchor Health Properties Spends $25 Mil on 81k sf Office Building in San Diego’s Mission Valley
4/13/21

Buyer to reposition the property as medical office space

Mixed-Use Property in North San Diego County Offered at $19.2 Mil
4/12/21

Rancho Santa Fe consists of 19k sf of space in three office/medical buildings and one retail building

Peregrine Realty Partners Entity Spends $33 Mil on Office Asset in Rancho Bernardo
4/02/21

98k sf Promontory sold by Carleton Management

Imperial Beach Multifamily Property Comps at $288k per Unit
4/02/21

33-unit asset fetches $9.5 mil

Private Investors Trade Office Building in San Diego’s Scripps Ranch Area
4/01/21
17k sf property goes for over $3 mil

Adjacent Affordable Housing Projects in Mission Valley Have Been Completed
3/31/21

Siena and Stylus add 456 res units to Sudberry Properties’ Civita urban village

Carlsbad Industrial Building Purchased in $13 Mil Transaction
3/29/21
70k sf facility was fully leased at time of sale

RPG Closes $26 Mil Industrial Buy in Vista
3/24/21

Acquisition is of a fully vacant, 202k sf asset

CH Projects Buys Historic Lafayette Hotel in San Diego for $25.8 Mil
3/22/21

131-room asset is in the city’s North Park neighborhood

San Diego Mulitfamily Sale Comps at $228k/Unit
3/18/21
18-unit Las Palmas Apartments is in the city’s North Park/Cherokee Point submarket

29th Street Capital Closes 200-Unit San Diego Res Buy
3/17/21

Chicago firm pays $49 mil for Villa Del Sol from long-time, local family seller

Apartment Building In San Diego’s North Park Neighborhood Goes for Over $500k/Unit
3/16/21

Six-unit property has been completely renovated

Stos Partners Collects $5.24 Mil for Renovated Industrial Property in Carlsbad
3/12/21

22k sf building was 100% leased at time of sale

Burnham-Moores Center for Real Estate to Host 25th Annual Real Estate Conference on Three Megaprojects That Will Transform San Diego
3/11/21

The virtual event will be on March 25 from 8:00 to 11:00 AM

Res/Retail Building in San Diego’s Gaslamp District Sells for $4.7 Mil
3/10/21

The same family seller had owned the property since the 1960s

Murphy Development Company Starts Work on Two San Diego Area Spec Industrial Buildings
3/09/21

Structures total 234k sf of space and are located within Brown Field Technology Park in Otay Mesa

Monarch Group Locks Up $57 Mil Financing on Newly Constructed Multifamily Property in Vista
3/09/21

Square Mile Capital provides loan on 179-unit Monarch Buena Vista

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