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Recently Completed San Diego-Area Retail Center Refinanced with $65 Mil Loan 1/29/16 Coast Income Properties has obtained a $65 mil refi loan for The Village at Pacific Highlands Ranch, a 147.7k sf retail center in the master-planned Pacific Highlands Ranch community of San Diego.
Bill Chiles, Scott Peterso...
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San Diego Office Vacancy Rises as New Supply Outpaces Absorption 1/21/16 Here’s a year-end review of San Diego’s office market from Colliers International. The report was prepared by the firm’s San Diego region Research Director, Christopher Reutz.
In San Diego, 2015 was the first year since 2009...
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Chula Vista Res Project to Open Its Doors 1/19/16 Bahia Vista Townhomes – a new, 21-unit community in Chula Vista’s up-and-coming Marina District – is set to open to the public within the week. The project is a development of San Diego-based private equity firm Pathfinder Pa...
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Office Building in Rancho Bernardo Fetches $2 Mil 1/18/16 Madera Plaza, a 9.1k sf office building in Rancho Bernardo, sold for $2.1 mil ($231/sf). The property is located at 17065 Via Del Campo, west of I-15 and south of Rancho Bernardo Rd.
Madera Plaza is two-story, masonry and gl...
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Pathfinder Partners Closes Its Opportunity Fund V 1/18/16 San Diego-based Pathfinder Partners LLC has closed Pathfinder Partners Opportunity Fund V L.P., the firm’s fifth fund focused on acquiring real estate assets in mid-tier cities throughout the western United States. The firm r...
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National City Res Complex Sells for $22 Mil 1/15/16 Harborview, a mixed-use complex in National City, sold for $22 mil. The complex consisting of 81 luxury res units and 2.8k sf of retail space, is located at 819 D Ave, south of downtown San Diego between I-5 and I-805.
Harbo...
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Leasing is Strong at New Downtown San Diego Res Tower 1/14/16 The first tower at Pinnacle on the Park – a high-rise community now under construction in downtown San Diego – is now nearly 60 percent leased. We’re told that, at almost 500 feet tall, the building will be downtown San Diego...
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Retail Condo in San Diego’s Little Italy Goes for $746/sf 1/13/16 Portico Retail, a 6.9k sf retail condominium situated at the gateway to San Diego’s Little Italy District, sold for $5.15 mil ($746/sf). The property is located at 1415-1445 India St, on the northwest corner of India and W. A...
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Poway Industrial Building Acquired by CT Realty in $34 Mil Transaction 1/13/16 CT Realty has boosted its San Diego industrial portfolio with the recent purchase of a 339.3k sf industrial building in Poway for $34.05 mil, or $100/sf. The facility, located at 12367 Crosthwaite Circle, north of Scripps Pow...
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HFF Arranges Refi Loan on Mixed-User in San Diego’s Little Italy Neighborhood 1/08/16 HFF arranged $11.6 mil in refi money for The Q, a seven-story, 36.8k sf mixed-use development in downtown San Diego’s Little Italy neighborhood. The residential/retail project was designed and developed by the borrower, Jonat...
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Swift Real Estate Partners Acquires Carlsbad Office Portfolio for $30 Mil 1/08/16 Swift Real Estate Partners paid $30.4 mil for a three-project, 196k sf ($155/sf) office portfolio in Carlsbad. The portfolio, which was approximately 65 percent leased at the time of sale, was purchased from Brandywine Realty...
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Res Project in San Diego’s Little Italy to Move Forward with $42 Mil in Financing 1/06/16 McMillin Companies has obtained $42.54 mil in development financing for Eighteen Ten State Street, a 99-unit, Class A, multi-housing development in San Diego’s Little Italy neighborhood. Tim Wright and Zack Holderman of HFF a...
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Continental Funding Group Arranges Over $10.5 Mil on Four Multifamily Assets for a Single Borrower 12/29/15 Continental Funding Group (CFG) has arranged financing on four multifamily assets located in Los Angeles and San Diego Counties on behalf of a SoCal-based private investor. The transactions were arranged by Managing Director ...
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Capital One Arranges $11.7 Mil on San Diego-Area Manufactured Housing Community 12/24/15 Capital One has provided an $11.719 mil Freddie Mac, adjustable-rate loan to refinance Starlight Mobile Home Park, a 162-space, seniors-only manufactured housing community (MHC) in El Cajon, CA.
Starlight has a clubhouse, p...
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Draftsmen & Craftsmen 12/22/15 Renovation and modernization work of the East Tower Nursing Unit at Sharp Grossmont Hospital in La Mesa has been completed. The $26 mil project by general contractor C.W. Driver delivers facility upgrades local taxpayers appr...
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HFF Arranges $29 Mil on San Diego Area Hotel 12/21/15 HFF has arranged a $29 mil in refi money for the Hilton Garden Inn Carlsbad Beach, a 161-room, Hilton-branded, oceanfront hotel in the coastal Southern California community of Carlsbad. Hilton Garden Inn Carlsbad Beach is an ...
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San Diego State University Student Housing Community Sells for $69.5 Mil 12/18/15 Fifty Twenty-Five, a 260-unit, 942-bed, Class A luxury student housing community serving San Diego State University, was purchased for $69.5 mil ($267.3k/unit). It was acquired free and clear of existing debt by FPA MultiFami...
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Extra Space Storage Adds Extra Space to Its Portfolio with Purchase of San Diego Facility 12/17/15 Extra Space Storage purchased Del Sol Self Storage, a 60k sf self-storage facility in San Diego, for $9.5 mil. Extra Space is a national owner/operator of self-storage facilities with over 1,300 self-storage properties in 35 ...
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Chula Vista Industrial Park Trades in $5 Mil Deal 12/17/15 A 32.7k sf, multi-tenant industrial park in Chula Vista traded hands in a recent $5 mil sale ($153/sf). The buyer was Commerce Plaza One LLC, a San Diego investment group managed by John Gross and Jeff Johnson. They plan to a...
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San Diego Area Apartment Complex Sells for Over $28 Mil 12/17/15 Valley Breeze, a 128-unit apartment complex in San Diego, sold for $28.3 mil, or $221k/unit. The property is located at 1304-1394 Oro Vista Rd, adjacent to the west side of I-5 at the edge of Imperial Beach, not far from the ...
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