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Newly Constructed Res Community in Santee Trades in $56 Mil Deal 12/23/16 R&V Management Corporation recently closed on the $56.6 mil purchase of Parc One @Santee, a 172-unit ($329k/unit), Class A apartment community in Santee. The property, constructed in early 2016, was sold by Intergulf - JMR LL...
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Kearny Real Estate Company Ends Year with $91 Mil Office Buy in San Diego 12/22/16 Kearny Real Estate Company and joint venture partner PCCP LLC closed on a $91.7 mil office buy in San Diego, purchasing the 364k sf ($252/sf) office component of Emerald Plaza from Deutsche Bank. The deal marks Kearny’s large...
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Brandywine Homes Picks Up Escondido Land for Development 12/20/16 Brandywine Homes has purchased 3.2 acres of vacant land at 2319 Cranston Dr in Escondido’s Kit Carson neighborhood. The firm plans to build 586 self-storage units on 1.74 acres and four custom homes on 12.6k sf – 14k sf lots....
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National City Warehouse Property Sells for $268/sf 12/20/16 A 12.5k sf office and warehouse property in National City traded hands for $3.35 mil ($268/sf). The property is located on 1.7 acres at 101 E. 30th St, east of I-5 and north of Hwy 54, adjacent to the San Diego Bay. The recen...
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Badiee Development to Start Work on Vista Industrial Develoment 12/19/16 Badiee Development plans to break ground in early 2017 on Keystone Victory Industrial Park, a two-building, 77.9k sf industrial project in Vista. The development is located on one of the last available industrial parcels in S...
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Hometown America Finances San Diego Area Manufactured Home Community with $5.8 Mil Loan 12/15/16 Hometown America has obtained $5.8 mil in financing for Oak Tree Ranch, a 126-home site, all-age manufactured home community in the San Diego County community of Ramona. The five-year, fixed-rate, full-term, interest-only acq...
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San Diego Area Res Complex Sells for $327k/Unit 12/14/16 Boulder Ridge Villas, an 11-unit rental community in the San Diego submarket of Ramona, sold for $3.6 mil, or $327k/unit. The property, located at 1918 and 1922 Kelly Ave, was purchased by Block Builders Investment Group.
Bu...
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Chula Vista Industrial Facility Sells for Over $9 Mil 12/09/16 A 79.6k sf, single-tenant industrial building in Chula Vista has sold for $9.4 mil, or about $118/sf. The property is located at 505 Main St, just east of I-805.
Paul Lafrenz with Colliers International represented the sel...
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Crowne Plaza Hanalei Hotel in San Diego Trades Hands 12/08/16 Crowne Plaza Hanalei, a 419-room hotel located in the heart of San Diego’s Mission Valley, was acquired by a private client of Brighton Management. The property, located at 2270 Hotel Circle North, was sold by Hanalei Associa...
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San Diego Industrial Facility Trades for $189/sf 12/07/16 In a recent industrial sale comp from San Diego, a 19.6k sf facility traded for $3.7 mil, or $189/sf. The warehouse property is located at 9560 Waples St, west of Camino Santa Fe on the south side of Mira Mesa Blvd in Sorrent...
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Retail Asset in San Diego’s Little Italy Sells for Over $500/sf 12/07/16 A 6k sf, freestanding retail property in the Little Italy area of downtown San Diego traded hands for $3.15 mil, or $525/sf. The property, located at 2305-2317 India St, was purchased by a locally-based entity, India and Juni...
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Investors Trade Office Building in Old Town San Diego in $2.2 Mil Deal 12/05/16 A 9.1k sf office property in San Diego’s Old Town traded hands in a $2.2 mil ($242/sf) transaction. The building is located on a half-acre parcel at 2254 Moore St, near the south entrance to Old Town with excellent freeway ac...
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Badiee Development Breaks Ground on Carlsbad Industrial Project 12/02/16 Badiee Development has broken ground on Carlsbad Victory Industrial Park, a 55.6k sf industrial facility in Carlsbad. The project, located at 3248 Lionshead Ave, is slated for completion in earlky summer of 2017.
Carlsbad Vi...
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ValCenters Secures $37 mil in New Financing on Vista Retail Center 12/01/16 ValCenters has obtained $37 mil in financing for North County Square, a 174.3k sf, grocery-anchored shopping center in the San Diego-area city of Vista.
The 10-year, fixed-rate financing with was arranged by Greg Brown and...
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Sabin Holdings Pays $3.5 Mil for Rancho Bernardo Office Property 11/30/16 A 13.2k sf, two-story corporate office property in San Diego’s Rancho Bernardo area sold for $3.5 mil, or $265/sf. The property, located at 17180 Bernardo Center Dr, was constructed in 1997 and is located at the southwest cor...
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Pacific Castle Completes Two Property Acquisitions and One Sale in Deals Totaling About $50 Mil 11/29/16 Pacific Castle recently completed three CA transactions totaling more than $50 mil. The deals consisted of two acquisitions and one disposition.
In one of the acquisitions, Pacific Castle purchased Prune Tree Shopping Center...
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Investor Spends Over $23 Mil on Adjacent Retail and Office Assets in San Diego’s Miramar Submarket 11/28/16 In a recent $23.6 mil investment buy out of San Diego’s Miramar submarket, a private investor purchased Miramar Landing, a 131.4k sf retail entertainment center, and the Clayton Building, an adjacent, 39.2k sf, three-story at...
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National City Distribution Building Sells for Over $12 Mil 11/18/16 A 91.5k sf industrial distribution property in National City sold for $12.25 mil ($134/sf). The property is situated on 6.12 acres at 901 Bay Marina Dr, north of Hwy 54 and just west of I-5, adjacent to San Diego Bay.
901 Ba...
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CalAtlantic Homes Buys 170-Acre Master-Planned Dev Site in Del Sur 11/16/16 A 170-acre master-planned community development site in Del Sur sold for $24.5 mil. The property is located at Carmel Valley Rd and Dove Canyon Rd.
Heritage Bluffs is comprised of 171 single-family home lots as a part of the...
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Swift Real Estate Partners Buys 782k sf San Diego Area Office/R&D Property 11/11/16 Swift Real Estate Partners has purchased the San Diego HP Campus, an eight-building, 782.2k sf office/R&D campus in San Diego’s Rancho Bernardo area. Located at 16399 West Bernardo Dr, the campus includes seven office/R&D bui...
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