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• Decron Makes $112 Mil Carlsbad Buy
10/02/15
Los Angeles-based Decron Properties Corp has purchased eaves Carlsbad, a 450-unit apartment complex in Carlsbad, in a deal valued at $112 mil, or $249k/unit. The acquisition marks Decron’s entry into the San Diego market and ...
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• Multi-Tenant Office Property in San Diego’s Mission Valley Goes for $110/sf
10/02/15
A 50.2k sf, multi-tenant office building in San Diego’s Mission Valley area sold for $5.5 mil ($110/sf). The building, located at 2535 Camino Del Rio South, west of I-805 and south of I-8, was purchased by Jim D. Petropoulos ...
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• San Diego-Area R&D Property Bought by Owner/User
10/01/15
A two-story, 18.5k sf R&D/biotech property in the Miramar submarket of San Diego recently sold for $2.53 mil, or $137/sf. Built in 1990, the property is situated on .22 acres of land at 6605 Nancy Ridge Dr, east of I-805 and...
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• San Diego Retail Asset Sells for Over $700/sf
9/29/15
Scripps Ranch Marketplace Phase II, a 28.7k sf shopping center in San Diego, was acquired for $20.45 mil ($713/sf) by a Santa Barbara-based private investor who was in a 1031 exchange. The property, located at 10549 Scripps P...
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• Techbuilt Companies Completes Work on Two Spec Industrial Buildings in Poway
9/28/15
San Diego-based Techbilt Companies has completed two new spec industrial buildings within the company’s Poway Corporate Center in Poway. The buildings, located at 11885 and 11895 Community Rd, were 100% leased prior to the c...
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• Investor Nabs Contiguous Land Parcels in San Diego’s East Village
9/25/15
Two contiguous land parcels totaling 20k sf in downtown San Diego’s East Village sold for $4.4 mil. The parcels are located on the northern portion of the block bounded by 10th and 11th Streets, Broadway, and C Street.
The ...
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• HFF Arranges Refi on Mixed-Use Property in Downtown San Diego
9/24/15
Capital Real Estate Ventures Inc has obtained $7.25 mil in refi money for the majority of the Schiefer & Sons Building, a 15.2k sf, mixed-use office and retail building in downtown San Diego.
Located at 815 J Street in downt...
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• NorthMarq Arranges $30 Mil San Diego-Area Retail Refi
9/22/15
NorthMarq Capital arranged a $30 mil refi loan on Carmel Mountain Ranch Town Center, a 172.3k sf retail property in San Diego. The property is located at 11815 Carmel Mountain Rd, east of I-15 and north of Ted Williams Pkwy. ...
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• Lincoln Property Company Grows Its San Diego Office Portfolio with 161k sf Acquisition
9/09/15
Lincoln Property Company recently boosted its San Diego County office portfolio with its sixth purchase over the last six quarters. In this latest buy, Lincoln paid $19.15 mil for Activity Business Center, a 161k sf ($119/sf)...
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• Fully Entitled, Partially Constructed Escondido Res Project Offered for Sale
9/08/15
City Plaza, a fully entitled mixed-use site in the city of Escondido, is being offered for sale. The property, entitled for 55 apartments units and 9.3k sf of commercial space, is located at 300-330 South Escondido Blvd, eas...
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• San Diego Office Asset Trades hands in $6.3 Mil Deal
9/04/15
Vista La Jolla Corporate Center, a 40k sf, multi-tenant office building in San Diego, sold for $6.3 mil ($158/sf). The property is located at 4747 Morena Blvd in the Rose Canyon submarket of San Diego County, near La Jolla, ...
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• San Mateo Investor Buys 67k sf Vista Industrial Asset
9/03/15
Palomar Corporate Center, a fully occupied, 66.9k sf industrial property in Vista, was recently acquired by San Mateo, CA-based TDA Inc.
Built in 1999 and located at 3210 Executive Ridge Drive, Palomar Corporate Center is si...
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• Capstone Advisors Pays Over $400/sf for Retail Property in San Diego’s Carmel Mountain Ranch Area
9/01/15
Capstone Advisors has purchased a 30.4k sf in San Diego’s Carmel Mountain Ranch area for $12.7 mil ($418/sf). The center, located at 10155-10195 Rancho Carmel Dr, on the northeast corner of Ted Williams Pkwy and Rancho Carmel...
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• NorthMarq Capital Arranges $6.8 Mil in Acquisition Money for San Diego Office Buy
8/31/15
Aaron Beck of NorthMarq Capital’s San Diego regional office secured acquisition financing of $6.843 mil for the purchase of a 41k sf office building in San Diego. The property is located at 9715 Business Park Ave, south of Ca...
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• Harbor Associates Closes $5 Mil San Diego Office Buy
8/31/15
Harbor Associates LLC has acquired 5280 Carroll Canyon Road, a 32k sf office building located in the Sorrento Mesa submarket of San Diego, for $5 mil ($156/sf). Harbor purchased the project ‘all-cash’ in less than 25 days.
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• La Jolla Multifamily Investment Money Rolls in With The Tides
8/28/15
The Tides Apartments, a 30-unit, 12.8k sf multifamily property in La Jolla, was purchased by a private investor for $8.55 mil ($285k/unit). The property is located at 7431 La Jolla Blvd, just south of Pearl St and a few block...
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• The Festival Companies Buys 55k sf San Diego-Area Retail Center
8/26/15
The Festival Companies, out of Los Angeles, purchased Sorrento Court, a 55k sf retail center in San Diego’s Sorrento Mesa submarket. The 96%-leased property was purchased with a $21.1 mil loan arranged by Meridian Capital Gro...
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• Pacific Urban Residential Nabs 193-Unit Asset in Poway
8/26/15
Summerlyn Apartments, a 193-unit multifamily property in Poway, was purchased by an affiliate of Pacific Urban Residential for $41.15 mil ($213.2k/unit). The asset, situated on 8.93 acres at 13409 Midland Rd, north of Poway R...
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• JS Capital Buys Historic, 20k sf Building in Downtown San Diego’s Ballpark Area
8/21/15
JS Capital Enterprises Inc has acquired a 20k sf, four-story historically designated building in San Diego for $4.7 mil ($235/sf). The building, commonly known as the “,” is located on a 5k sf lot at 701 Island Ave, west of I...
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• New Standard Equities Purchases 74-Unit Res Property in Spring Valley
8/18/15
New Standard Equities (NSE) has acquired Rancho Azul, a 74-unit multifamily project in Spring Valley, for $14 mil ($189k/unit) in a venture with Hanover Financial. The asset, formerly known as El Paseo, was sold by Fowler Pro...
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