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• Raintree Partners Agrees to 99-Year Ground Lease of One-Acre Property in San Diego’s Bankers Hill Area
10/09/24
Raintree Partners agreed to a 99-year ground lease for a 1.06-acre commercial site in San Diego’s Bankers Hill neighborhood. The property, located at 411 Ivy St, includes an adjacent parking lot
The four-parcel property ass...
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• Harbor Associates and F&F Capital Group Pick Up n211k sf San Diego Biz Campus
10/07/24
Harbor Associates LLC, in a joint venture with F&F Capital Group, has acquired Highlands Corporate Center, a Class A, 211k sf five-building multi-tenant office campus in San Diego.
Highlands Corporate Center is located at 1...
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• Central San Diego IOS Asset Goes for $14.6 Mil
10/03/24
A 3.6-acre Industrial Outdoor Storage (IOS) facility in the Central San Diego submarket of Miramar. Sold for $14.6 mil in a recent deal. The low coverage site is located at 7191 Carroll Rd, just west of Camino Santa Fe and no...
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• National City IOS Property Goes for $7.3 Mil
10/02/24
Macias Consulting Services LLC, a fleet services company based in San Diego, purchased a 2.06-acre industrial parcel with a 4.5k sf building in National City. The property, located at 3202 Hoover Ave, traded for $7.3 mil.
Ma...
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• EQT Exeter Spends $23.4 Mil on Otay Mesa Industrial Facility
10/01/24
EQT Exeter has purchased a freestanding, 115.5k sf industrial/warehouse building on 5.7 acres in San Diego’s Otay Mesa submarket for $23.45 mil ($203/sf). The single-tenant property, located at 2345 Britannia Blvd, is 100% le...
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• San Ysidro Industrial Complex Purchased for $27 Mil by GID Industrial Acquisition
9/27/24
In a notable industrial buy from San Diego County, GID Industrial Acquisition purchased Trolley Industrial Center, a 105.5k sf property on over five acres in San Ysidro, for $27.25 mil ($258/sf), The multi-tenant property, lo...
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• Regional Center in Oceanside Sells for $34 Mil
9/26/24
Plaza Rancho Del Oro, a 65k sf regional retail center in Oceanside, was purchased by an LA-based high-net-worth individual for $34.3 mil, or $527/sf. The property, located at 4120-4196 Oceanside Blvd, is shadow-anchored by Al...
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• Work Gets Underway on 68k sf Biz Park in Carlsbad
9/24/24
The Techbilt Companies has broken ground on Evolve, a brand new 67.7k sf, three-building campus in Carlsbad. The new Class A complex is situated within a 600-acre master-planned development surrounded by over 350 acres of ope...
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• BKM Capital Partners Wraps Up $110 Mil Recapitalization of Light Industrial Portfolio
9/19/24
BKM Capital Partners has executed a $110 mil recapitalization of a five-property, light industrial portfolio. The transaction also marks an expansion of BKM’s partnership with a global investment manager, bringing the joint v...
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• San Diego Area Biz Park Trades for $11 Mil
9/13/24
Cast Capital Partners paid $11 mill for Four Governor Park, a two-building, 50.2k sf ($219/sf) stabilized office property in San Diego. The property, located on 2.7 acres at 5080-5090 Shoreham Place, was sold by MIG.
The bus...
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• BH Properties Buys 400k sf, San Diego-Area Mixed-Use Campus
9/09/24
BH Properties acquired Hazard Center, a 405.3k sf, mixed-use campus in San Diego’s Mission Valley area. Terms of the transaction were not disclosed.
Situated on 14.5 acres, Hazard Center currently features a 15-story, 270k ...
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• RPG and Steel Peak Venture Spends $12 Mil on Central San Diego Flex-Office Property
8/28/24
A joint venture between RPG and Steel Peak acquired a 38.7k sf, flex-office property on 4.27 acres of industrial land zoned for outdoor storage for $12.1 mil. The property is located at 9606 Aero Dr, just west of I-15.
The s...
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• San Diego May be Facing Limited Class A Office Options in the Future
8/28/24
Global real estate services firm JLL has just released the results of a study on the San Diego office market which suggests that future tenants may be challenged when looking for Class A space. This is due in part to the exis...
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• Community Preservation Partners Teams Up with The Hampstead Companies in 144-Unit El Cajon Affordable Housing Buy
8/28/24
Community Preservation Partners (CPP), in partnership with The Hampstead Companies, has purchased Lexington Green Apartments, a 144-unit affordable housing complex in El Cajon. The venture’s total development investment is $8...
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• San Diego-Based Discovery Property Group Becomes an Affiliate of SPERRY
8/26/24
Discovery Property Group Inc, out of San Diego, is joining real estate services firm SPERRY as an affiliate under the name Sperry-Discovery Commercial. Led by co-founders and brothers Mark Powell and Frank Powell, Sperry-Disc...
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• Turner Healthcare Facilities Funds Lands $35 Mil in Financing for Two SoCal Assets
8/22/24
Turner Healthcare Facilities Funds has obtained $35.83 mil in financing in separate transactions for two SoCal properties. The properties are 1650 Adams Ave, a 12.4k sf medical property in Costa Mesa, and 480 4th Ave., a 64,....
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• Foxx Development Doubles Its Space at Otay Mesa Biz Park with New Lease for 50k sf
8/22/24
Foxx Development Inc signed an expansion lease for an additional 50.6k sf of Class A industrial space at the newly built Britannia Tech Park in San Diego’s Otay Mesa submarket. Foxx Development is an Irvine-based company whic...
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• Chula Vista Retail Property Sells for Over $400/sf
8/20/24
Palomar Heritage LLC recently wrapped up a San Diego area retail buy, paying $14.7 mil for Heritage Towne Center, a 36.2k sf ($406/sf) center in Chula Vista. The property is located at 1392-1394 E Palomar St, east of I-805 an...
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• Escondido Industrial Outdoor Storage Asset Gets New Owner in $3.75 Mil Deal
8/20/24
Steel Peak has acquired an industrial outdoor storage (IOS) property in Escondido for $3.75 mil. The property, located at 2213 Meyers Ave, features an 8k sf industrial building and large secured fenced yard on 1.69 acres.
T...
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• Otay Mesa Build-to-Suit Industrial Building Acquired by Owner/User in $11.4 Mil Deal
8/16/24
San Diego-based EZ Fit Movers LLC paid $11.4 mil for a 44.3k sf industrial building in Otay Mesa. The property was sold by a local development company that completed construction of the building during the second quarter of 2...
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