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• San Diego Area Industrial Property Goes for $282/sf
8/15/24
A two-building, 60.9k sf industrial property in San Diego sold for $17.15 mil ($282/sf). The multi-tenant asset covers 3.66 acres at 8250-8260 Camino Santa Fe in the city’s western Miramar Area.
Built in the late 1980s, the...
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• Vista Multifamily Property Fetches $239/sf
8/15/24
Pine View Apartments, a 59-unit multifamily property in the North San Diego County city of Vista, sold for $14.1 mil ($239/sf). Built in multiple phases between 1964 and 1973, the same family has held ownership of the complex...
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• Two San Diego Development-Ready Sites Trades in Deals Totaling $3.3 Mil
8/07/24
We’ve learned of two permit-ready land development sales in San Diego’s Barrio Logan and North Park urban neighborhoods to share with you. In one deal, a 4.9k sf lot at 1950 Kearney Ave in Barrio Logan traded for $1.35 mil. T...
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• Innovative Housing Opportunities and C&C Development Wrap Up Work on Carlsbad Affordable Housing Community
7/29/24
SoCal-based affordable housing developers Innovative Housing Opportunities (IHO) and C&C Development (C&C) have completed Pacific Wind, a new 89-unit affordable housing community that replaced 22 1950s era duplexes in the cit...
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• $270 Mil SoCal Hotel Project Tops Out
7/29/24
Construction of Jamul Hotel, a $270 mil hospitality project accompanying the Jamul Casino in San Diego County, has just topped out with the final beam placement. The development is being built by C.W. Driver Companies. The de...
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• New $500 Mil San Diego Mixed-Use Development Signs Two New Office Tenants
7/25/24
There have been two new office leases totaling 26k sf of space to report at West, the recently completed, 37-story mixed-use project located at 1011 Union Street in downtown San Diego. The deals include a 17k sf lease with H...
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• Charter Communications Extends 134k sf San Diego Area Lease for the Second Time
7/25/24
Charter Communications has extended its lease for its 134k sf flex / corporate HQ facility at the Pacific Corporate Center in San Diego’s Sorrento Mesa submarket. The property is owned by Lincoln Property Company.
Located at...
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• Foxx Development Leases 50k sf of Industrial Space in Otay Mesa
7/24/24
Irvine-based Foxx Development Inc has leased 50.6k sf of Class A industrial space at the newly built Britannia Tech Park in San Diego’s Otay Mesa submarket. Terms of the deal were not disclosed.
Foxx Development delivers end...
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• El Cajon Retail Property Sells for $1,662/sf
7/23/24
In a retail sales comp out of San Diego County, a 3.4k sf, freestanding building in El Cajon was purchased by a private investor in a recent $5.65 mil ($1,662/sf) transaction.
The building is located at 706 Fletcher Pkwy, w...
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• JRK Property Holdings Buys 394-Room Hilton La Jolla Torrey Pines Hotel in $165 Mil Deal
7/19/24
JRK Property Holdings has acquired the 394-room Hilton La Jolla Torrey Pines in La Jolla from Braemar Hotels & Resorts for $165 mil. JRK made the purchase through its through its $350 mil Hospitality Fund.
The resort sits on...
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• Oceanside Shopping Center Traded in $56 Mil Deal
7/19/24
Marketplace del Rio, a 183.3k sf, high-quality neighborhood shopping center in Oceanside, was acquired by a nigh-net-worth investor in a $56.6 mil ($309/sf) transaction. The Stater Bros.-anchored center is situated on over 2...
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• Avis Budget Leases 91k sf Facility in National City
7/18/24
Avis Budget Car Rental LLC has leased a 91.5k sf industrial building in National City and is scheduled to take occupancy on August 1. Terms of the deal were not disclosed.
Situated on over 12 acres at 901 Bay Marina Dr, the...
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• New 114k sf Academic Facility Completed at University of California, San Diego
7/18/24
Work has been completed on a new nine-story, 114k sf state-of-the-art academic facility prominently located at the corner of La Jolla Village Drive and Villa La Jolla Drive in San Diego. The new building sits directly across ...
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• Gelt Venture Partners Closes $53 Mil Multifamily Buy in Vista
7/18/24
Gelt Venture Partners LLC (GVP) has acquired Rancho Hills Apartments, a 148-unit multifamily property in Vista, for $53.5 mil, or $361.5k/unit. Built in 1986, the property is located at 856 Heatherwood Lane, southwest of Hwy ...
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• Medical Outpatient Building in Chula Vista Gets a New Owner
7/11/24
Cypress West Partners in a joint venture with TPG Angelo Gordon, bought 450 4th Ave, a 37k sf medical outpatient building in Chula Vista. The price was not disclosed.
450 4th Ave is located on the campus of the 173-bed Scrip...
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• Mixed-User in Del Mar Goes for $283/sf
7/03/24
Polo Plaza, a 63.6k sf mixed-use property located in Del Mar, sold for $18 mil, or $283/sf. The buyer was Brixton Capital.
The property is located at 3702 and 3790 Via De La Valle, nestled between the entrance to idyllic R...
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• SoCal Coastal Retail Pad Building Sells for Over $2,200/sf
6/26/24
A 1.4k sf pad retail building on a 16.7k sf lot sold for $3.1 mil, or $2,214/sf. The property is in a coastal location at 1967 San Eijo Ave, adjacent to the Cardiff Seaside Market Center and directly across from San Elijo Sta...
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• Dornin Investment Group Picks Up $60 Mil Non-Performing Loan
6/26/24
Dornin Investment Group (“DIG”) acquired a $60 mil, non-performing loan (“NPL”) off-market at Par UPB. The loan is secured by a roughly 250k sf industrial park in greater San Diego and was acquired through $41.9 mil in note-o...
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• AO Wins Multiple Awards at PCBC Gold Nuggets Ceremony
6/21/24
Architecture firm AO was a multiple-award winner at the recent PCBC Gold Nugget Awards ceremony, held at The Westin Resort in Anaheim.
The Gold Nugget Awards, which debuted in 1963, is the oldest and most prestigious desig...
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• Carlsbad Biz Park Goes for Over $19 Mil
6/18/24
Arroyo Business Center, a 64k sf, multi-tenant light industrial park in Carlsbad, was purchased for $19.3 mil ($301/sf) by an unnamed global private equity firm. Located at 6352 and 6354 Corte Del Abeto, the North San Diego C...
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