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• 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...
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• 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...
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• 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...
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• 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...
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• 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 ...
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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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