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January 19, 2020
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SAN DIEGO HEADLINES
Res Property in San Diego’s Ocean Beach Trades for Over $18 Mil
1/17/20
60-unit asset was sold by its original developer from the early 1970s

Pathfinder Partners Buys 60-Unit Res Property in Phoenix
1/16/20
Firm pays $8.4 mil for Park Paloma



Oceanside Transit Center redevelopment project being marketed for bids by interested developers
1/14/20
CBRE is overseeing the RFP process for the 10-acre mixed-use TOD opportunity

Investor Pays over $5 Mil for San Diego Industrial Showroom
1/13/20
23k sf building located in Miramar area



Mission Valley Retail Center Goes for $434/sf
1/10/20
Private investor spends $5.55 for Las Cumbres Square

Renovation Wrapped Up at San Diego Area Office Building
1/10/20
Work was at 140k sf property in Mission Valley

Two Commercial Condos in Carlsbad Fetch Nearly $2 Mil
1/07/20
Office and flex units are within the Towers at Bressi Ranch

Healthpeak Properties to Start Work on 195k sf Lab / Office Campus in Torrey Pines
1/06/20
The Boardwalk to consist of two new buildings and an existing structure that is redeveloped

Vista Industrial Building Sells for $4.5 Mil in Year-End Buy
1/06/20
22k sf property was partially occupied by a seller affiliate at time of sale

Mobile Home Community in North San Diego County Trades for $8.6 Mil
12/23/19
Park Management Inc buys Hilltop Mobile Home Park in Encinitas

Commercial Real Estate Financing Briefs
12/24/19
Recent transactions from JLL, CBRE Capital Markets, Northmarq Capital

Protea-Primewes Spends $9 Mil on Kearny Mesa Office Building
12/23/19
Property is second asset in the area sold by Office Properties Income Trust in the last week

Newly Built San Marcos Retail Center Sells for Nearly $700/sf
12/20/19
Gershman Properties buys 23k sf San Elijo Hills Town Center

Kearny Mesa Office Building Sold to IDS Real Estate in $23.75 Mil Deal
12/20/19
148k sf property was 83% leased at time of sale

Oceanside Biz Park Attracts $20 Mil Buyer
12/17/19
141k sf Copperwood Center goes for $142/sf

Res Asset in San Diego’s UTC Submarket Goes for $375k/Unit
12/16/19
60-unit La Jolla Park West fetches $22.5 mil

Johnson Storage & Moving Co Collects $8.47 Mil from Dispostion of 60k sf Otay Mesa Building
12/16/19
Eastgroup Properties purchases industrial facility in sale/leaseback deal

Office Building in San Diego’s Bankers Hill Sells for $269/sf
12/13/19
Local investor buys 13k sf Park West Square

Acquisition of Downtown San Diego Development Site Funded with $7 Mil Loan
12/09/19
Money was provided by Parkview Financial and will also go towards start of construction

Buyer spends $3.7 Mil on Retail Building in Oceanside
12/06/19
12k sf asset fully occupied by nine tenants

Mixed-Use Asset in San Diego Purchased for $5.5 Mil by Midwest Investment Properties
12/05/19
12.4k sf retail and residential property is located in city’s South Park neighborhood

Recent Signings Bring San Diego Office Complex to 95% Leased
12/04/19
Six transactions are at 65k sf Old Town Plaza

Downtown San Diego Industrial Building Trades between Owner/Users
12/03/19
18k sf facility goes for about $200/sf

Regal Cinemas Agrees to New 10-Plex at Oceanside Retail Center
12/02/19
Theater chain inks deal at NewMark Merrill’s renovated Mission Marketplace

$20 Mil Renovation Completed at Sorrento Mesa Life Science Campus
11/21/19
BioScience Properties upgrades its 184k sf TEN770 property

Dollinger Properties Buys $23 Mil Biz Park in San Diego’s Scripps Ranch Submarket
11/19/19
Purchase is of a 94k sf, fully leased R&D/industrial property

Carlsbad Creative R&D Campus Trades for $23 Mil
11/18/19
Deal is for three-building, 83k sf Element

San Diego Area Res Property Comps at $232k/Unit
11/15/19
Deal is for 46-unit Hollister Creek Apartments in Nestor

Investor Exchanges into $9.17 Mil Carlsbad Industrial Property
11/12/19
34k sf facility had been recently repositioned into creative flex space

Santee Industrial Property Sells for $133/sf
11/07/19
Two-building, 36k sf asset is fully occupied by four tenants

SENTRE Buys 60k sf San Diego Area Office Property
11/06/19
West Bernardo Corporate Center was 82% leased at time of sale

15.7-Acre Development Site in Del Mar Heights Purchased for $70 Mil by Gemdale USA Corporation and Lincoln Property Company
10/30/19
Plans for the land still to be announced

ZTELCO Buys 8k sf HQ Facility in Poway
10/31/19
Firm pays $227/sf for freestanding building

Rexford Industrial Realty Buys One SoCal Property and Sells Another
10/29/19
Transactions total over $19 mil

GH Palmer Associates Buys San Diego-Area Development Land
10/29/19
22.7 acres in the Mission Gorge area already entitled for residential and commercial space



 


 


 


 
 



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