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• Single-Tenant Retail Property in El Cajon Sells for $779/sf
9/22/17
Alpha Brothers LLC acquired a 6.2k sf, single-tenant freestanding building in the Rancho San Diego area for $4.83 mil, or $779/sf. The building, which was recently leased to BevMo on a 10-year term, is located at 3777 Willow ...
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• Beachside Multifamily Properties in Oceanside Trade for $346k/Unit
9/21/17
Two beachside multifamily properties totaling 13 units in Oceanside recently sold for more than $4.5 mil ($346k/unit) combined. Glenn L. Goldman Family Trust sold the properties, located at 1312 and 1318 S. Pacific St, to sep...
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• Apartment Property in Imperial Beach Goes for $6.7 Mil
9/20/17
A 38-unit apartment complex known as IB Villas in Imperial Beach traded hands in a recent $6.7 mil deal ($176.3k/unit). The 18.1k sf property, situated on just over one acre at 1479-1485 Elder Ave, was purchased by NEJ Proper...
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• Burke Development Starts Work on Spec Office Building in Carlsbad
9/20/17
Burke Development is under construction on Aston Point, a 49k sf office building in the city of Carlsbad. Aston Point will be the first spec office building in the city in more than 10 years.
William Skinner & Associates is...
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• Irvine Company Buys 127k sf Office Asset in Del Mar Heights
9/19/17
Irvine Company purchased Township 14, a two-building, 127k sf office project in Del Mar Heights. The transaction represents Irvine Company’s first acquisition in Del Mar Heights.
Built on six acres in the 1980s, the project...
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• San Diego Area Medical Office Property Refinanced with New $29 Mil Loan
9/12/17
Pinnacle Medical Office, a primary care office in San Diego’s Scripps Ranch area, was recently refinanced with a $29 mil permanent loan. Located at 10670-10672 Wexford St, Pinnacle Medical Office provides services including p...
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• Rincon Homes Pays $3.4 Mil for 14k sf Carlsbad Redevelopment Site
9/11/17
Rincon Homes paid $3.4 mil for a 14.2k sf Carlsbad Village site that currently houses a medical office property. The buyer intends to redevelop the site, at 725 Grand Ave, into a retail/residential mixed-use property.
Amy M...
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• Construction Completed on Carlsbad Industrial Project
9/11/17
Badiee Development has completed construction of Innovation Ridge, an industrial project formerly branded as the Carlsbad Victory Industrial Park. The 55.6k sf building is located at 3248 Lionshead Ave, and offers an abundanc...
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• Rancho Bernardo Retail Center Sells for $387/sf
9/07/17
Rancho Carmel Village Center, a 27.1k sf retail center in Rancho Bernardo, was purchased for $10.5 mil ($387/sf) by New World Limited Partnership.
The property, situated on 3.34 acres at 12125-12165 Alta Carmel Court, consis...
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• Rockwood Capital LLC Spends $109 Mil on Downtown San Diego High-Rise
9/01/17
Rockwood Capital LLC purchased an institutional-quality, Class A office high-rise in downtown San Diego in a recent $109.5 mil transaction. The building, located at 600 B Street, contains 359.3k sf ($305/sf) of space over 24 ...
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• Legacy Partners and The Resmark Companies Break Ground on Res Project in Downtown San Diego
9/01/17
Legacy Partners and The Resmark Companies have just broken ground on a 168-unit apartment project in the highly desirable Marina District of downtown San Diego. The development is located at 372 4th Ave, just one block west o...
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• Hat Company Building New Head-quarters in Carlsbad
8/30/17
RAF Pacifica Group Inc will be developing a brand new 83k sf build-to-suit distribution facility in Carlsbad for San Diego Hat Company. The new Class A industrial facility will be situated on a 7.6-acre parcel of land that Sa...
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• $18 Mil Purchase of Two Office/Flex Properties in Kearny Mesa Provide Buyer with Strong Value-Add Opportunity
8/29/17
Two flex/office properties totaling 140.5k sf of space in San Diego’s Kearny Mesa submarket sold for $18.5 mil, or $132/sf. The buildings, which sit on 7.61 acres, include the Aero Office Building, a 37k sf, three-story, mult...
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• Exeter Property Group Buys Two Industrial Dev Parcels in Escondido from Badiee Development
8/29/17
Two industrial land parcels in Escondido were purchased by Exeter Property Group. The assets, originally slated for the development of the Escondido Innovation Center and Escondido Victory Industrial Park projects, were sold ...
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• Trigild Takes Over Management of San Diego Medical Office Property
8/25/17
San Diego-based Trigild has taken over the day-to-day management of more than 240k sf of retail and commercial property. This includes Pacific Medical Plaza, a three-story, medical office property at 4910 Director's Place in ...
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• Swift Real Estate Partners Buys 233k sf Downtown San Diego Office High-Rise
8/25/17
Swift Real Estate Partners purchased Five Thirty B in downtown San Diego. Located at 530 B St, the 24-story, 232.9k sf LEED Gold office building was 88% leased at the time of sale. Although a price was not given out, industry...
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• Lincoln Property Entity Spends $11.5 Mil on San Diego Area Industrial Asset
8/21/17
An entity of Lincoln Property Company has purchased a 72.2k sf industrial facility on 2.32 acres in San Diego’s Morena submarket for nearly $11.5 mil, or about $159/sf. The property is currently 100% leased to a single tenant...
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• Draftsmen & Craftsmen
8/17/17
Construction is underway on Palomar Health Outpatient Center I (OPC I), the 75k sf, first phase of a brand new three-phase, 225k sf Class A medical office development located on-campus at Palomar Medical Center Escondido. Wh...
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• San Diego Res Development Land Sells for $64/sf
8/16/17
A 3.47-acre residential land parcel located within the Pacific Highlands Ranch community in San Diego sold for $9.73 mil ($64/sf). The property is situated on the north side of Village Center Loop Rd, adjacent to The Village ...
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• San Diego Area Office Building Trades in $16 Mil Deal
8/11/17
Premier Realty Holdings Inc acquired Wateridge Pavilion, a three-story, 62.4k sf office building in Sorrento Mesa. The property, which was 97% leased at the time of sale, was sold by Fenway Properties for $16.3 mil ($261/sf)....
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