|
• Local Investor Buys 84-Unit Res Asset in Oceanside
1/27/17
Grant Street Villas, an 84-unit apartment complex in Oceanside, was purchased by a local real estate investor for $12.5 mil, or $149k/unit. According to CBRE, the sale was one of eight transactions of this size in North Count...
|
• Lew Horne Appointed President of CBRE Group’s Newly Formed SoCal-Hawaii Division
1/26/17
Lewis C. Horne has been appointed president of CBRE Group Inc’s newly formed Southern California-Hawaii Division. In this expanded role, Horne will now have executive oversight for the San Diego and Hawaii markets, in additio...
|
• San Diego Office Market Closes Out the Year with Strong Absorption Numbers
1/24/17
San Diego’s office market enters 2017 with continued strong numbers. Fourth-quarter office leasing activity was the highest ever in any single quarter, according to the latest data from CBRE research. Demand was particularly ...
|
• Talonvest Capital Structures $36 Mil in Construction Loans on Self-Storage Properties
1/24/17
Talonvest Capital Inc recently structured and negotiated over $36 mil of construction loans for various self-storage owners. The financing assignments included a $13.35 mil ground up construction loan for the development of ...
|
• Trion Properties Completes Repositioning of San Diego Multfamily Community
1/24/17
Trion Properties has repositioned and rebranded Willow Glen, a 98-unit apartment community in San Diego the company acquired in June 2015. Willow Glen is located at 3635 College Ave, in the rapidly growing College Area submar...
|
• Brixton Capital Picks Up 55k sf Retail Property in San Diego
1/23/17
Brixton Capital purchased a 55k sf retail property in San Diego from Florida-based HH Property Holdings.The price was not given out.
The property is located at 14340 Penasquitos Dr, just west of I-15 at Carmel Mountain Rd. B...
|
• Vista Investment Group Spends $27.5 Mil on Two SoCal Apartment Properties
1/19/17
Vista Investment Group recently closed two SoCal multifamily buys in deals that totaled $27.5 mil. The purchases consist of an 80-unit apartment community in San Diego and a 50-unit apartment complex in Los Angeles.
In the l...
|
• Office Building in San Diego’s Kearny Mesa Area Sells for $30 Mil
1/18/17
A 92.5k sf office building in San Diego sold for $30.1 mil, or $326/sf. The building, located at 9797 Aero Dr, just west of I-15 in the city’s Kearny Mesa submarket, was purchased by AVID Center.
The property was sold by Bix...
|
• SENTRE Acquires San Diego Hotel for Conversion into Luxury Res Units
1/17/17
SENTRE has acquired an 80-room hotel in San Diego’s Hillcrest area for $19.5 mil ($245k/unit), with plans to convert the property into luxury apartments. Originally built in 1986 as an 81-unit apartment community, the proper...
|
• San Marcos Shopping Center Sells for $73 Mil
1/16/17
Campus Marketplace, a 144.1k sf shopping center in San Marcos, was acquired by an investment entity for $73.4 mil ($509/sf). The property is located at the southwest corner of Twin Oaks Valley Rd and State Route 78.
Campus M...
|
• San Diego Creative Office Building Fetches $694/sf
1/16/17
A 9k sf, Class A creative office building in San Diego sold for $6.25 mil ($694/sf). The building, located at 330 A St, at the corner with 4th Ave, was sold by Waynlo Building Corporation.
The building was constructed in 196...
|
• Res Property in Ramona Purchased for Over $4 Mil
1/12/17
Santa Maria Creek Apartments, a 28-unit res property in the unincorporated San Diego County community of Ramona, sold for $4.05 mil, or $145k/unit. The 22.9k sf property is situated on a 42.3k sf lot at 1606 Montecito Rd, jus...
|
• Investor Pays $8.7 Mil for San Diego Res Portfolio
1/10/17
A three-property, 35-unit apartment portfolio located in San Diego’s North Park and University Heights neighborhoods sold for $8.7 mil, or $249k/unit. The properties total 24k sf and are located at 4366-72 and 4374-80 Mississ...
|
• Investor Makes $20 Mil Purchase of San Diego-Area Res Community
1/09/17
Terra at Mission Trails Apartments, a 90-unit residential property in San Diego’s Mission Valley area, traded hands in a $20 mil ($222k/unit) transaction. The community is situated on 3.44 acres at 7707 Mission Gorge Rd, nort...
|
• Ickler Electric Corp Spends $6.4 Mil on Poway Corp HQ Property
1/05/17
Ickler Electric Corporation, a San Diego-based electrical construction firm, has acquired a 34.7k sf, office and warehouse property in Poway for $6.4 mil, or $184/sf. Ickler plans to relocate its corporate headquarters to the...
|
• San Diego Area Retail Property Sells for $11 Mil
1/04/17
Scripps Mesa Retail Center, a 25.7k sf retail property in San Diego’s Scripps Ranch submarket, traded hands in a recent $11 mil ($428/sf) deal. The property, located at 9801-9841 Mira Mesa Blvd, was purchased by the Shah Fami...
|
• San Diego Apartment Property Sells for $287k/Unit
1/03/17
The Van Dyke Apartments, an eight-unit res complex located in the Kensington neighborhood of San Diego, traded hands at a price of $2.3 mil, or $287.5k/unit. The property is located at 4344 Van Dyke Ave.
The Spanish-style pr...
|
• Imperial Toy Renews 258k sf Warehouse Space in Otay Mesa
1/02/17
Imperial Toy, a manufacturer of bubbles, novelty toys and more, has renewed their lease for a 258k sf industrial warehouse property in San Diego’s Otay Mesa community. The lease is worth $9 mil.
The property is located at 90...
|
• Kearny Mesa Corporate Office Campus Trades Hands
12/28/16
A private family trust has purchased a 132.7k sf corporate office/flex campus in San Diego’s Kearny Mesa area. The property, situated on 9.57 acres at 9404 Chesapeake Dr and 5775, 5785 and 5788 Roscoe Court, was sold by Grame...
|
• Rexford Industrial Realty Spends $15.5 Mil on San Diego-Area Facility
12/27/16
Rexford Industrial Realty Inc purchased an 83.5k sf industrial facility in San Diego’s Miramar area in a recent $15.5 mil ($186/sf) transaction. The acquisition was funded with cash on hand.
The property, situated on over ...
|
Return to the Southern California - San Diego area
