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• Westport Properties Buys 2,284-Unit SoCal Self-Storage Portfolio
2/07/25
Westport Properties has acquired a self-storage portfolio comprising two StorQuest Self Storage (managed) assets in Southern California. The properties, located in Carson and Carlsbad, total 2,284 units and 270.8k sf of space...
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• MG Properties Wraps Up $309 Mil Res Buy in Downtown San Diego
2/06/25
MG Properties recently completed its purchase of Park 12 Apartments, a 718-unit, 35-story high-rise residential community in downtown San Diego, in a $309 mil transaction. The property was sold by Greystar.
The acquisition c...
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• RAF Pacifica Group Completes Work on New Escondido Industrial Project
2/05/25
RAF Pacifica Group (RPG) has completed construction of Escondido Logistics Center, a 147k sf, industrial development in Escondido. The $60 mil, two-building project was built with the latest in design standards.
Escondido Lo...
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• Breakthrough Properties Acquires San Diego Life Science Campus in $159 Mil Deal
2/04/25
Breakthrough Properties, a joint venture between Tishman Speyer and biotechnology investment firm Bellco Capital, purchased MUSE, a 186k sf life science campus in San Diego, for $159 mil ($855/sf). MUSE consists of three buil...
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• Storm Properties Buys Escondido Self-Storage/Retail Property for $10.5 Mil
2/03/25
Storm Properties Inc paid $10.5 mil for a self-storage/retail property in Escondido. The property, located at 510 and 520 W. Valley Pkwy, in what is considered a prime San Diego County location due to its proximity to major f...
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• Partners Capital Buys 70k sf Industrial Asset in San Ysidro
1/29/25
Partners Capital Inc, an L.A.-based 1031 exchange buyer, purchased Border Commerce Center, a four-building 69.5k sf industrial park in San Ysidro, CA. The price was not disclosed.
The property is located at 464, 494 and 524 ...
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• Pacific Urban Investors Picks Up 250 Res Units in Downtown San Diego
1/28/25
Pacific Urban Investors acquired two multifamily communities in downtown San Diego totaling 251 units. The properties –– are located at 655 Sixth Ave and 677 Seventh Ave, respectively.
Both properties were completed in the ...
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• Desirable Redevelopment Site in Mission Valley Trades
1/28/25
A 9.3-acre site in Mission Valley that contains a 185k sf former department store structure was acquired by a joint venture between Jofa Capital,LLC and BLT Enterprises. The price was not given out.
Situated adjacent to the ...
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• Planned Res Development in San Diego’s North Park Lands $46.5 Mil in Construction Money
1/24/25
Murfey Company has landed $46.5 mil in construction financing for Stella Apartments, a 149-unit multifamily development project in San Diego.
Stella Apartments, located at 3104 El Cajon Blvd in San Diego's North Park neighbo...
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• Two Industrial Sales in Poway Total $7.4 Mil
1/21/25
Coastal Holdings Group recently closed on the $4.1 mil purchase of an 11.1k sf ($369/sf) industrial building in Poway. The property, located at 13851 Danielson, was sold by Bergo Enterprises. Coastal Holdings Group will be us...
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• Expansion Lease by Foxx Development Brings Otay Mesa Industrial Development to 100% Leased
1/17/25
Britannia Tech Park, a newly constructed, 203.2k sf Class A industrial development in San Diego’s Otay Mesa submarket, is now 100% leased. The final tenant is Irvine-based Foxx Development Inc. which signed a long-term lease ...
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• San Marcos Industrial Building Sells for $373/sf
1/14/25
A freestanding, 5.5k sf industrial building in San Marcos traded for $2.05 mil ($373/sf). The property, located at 110 Venture St, was acquired by North City Enterprise LLC acquired the building for the expansion and relocati...
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• Sunroad Secures New $188 Mil Loan on San Diego Res Community
1/14/25
Sunroad Enterprises has obtained a new, $188 mil loan for Vive Luxe, a 442-unit multi-housing community in San Diego. Vive Luxe, nestled at 4890 Sunroad Centrum Ln in the Kearny Mesa submarket, offers a prime location approxi...
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• Carlsbad Industrial Building Sells for $395/sf
1/13/25
Eldridge Enterprise Holdings LLC paid $1.74 mil for a 4.4k sf ($395/sf) industrial building in Carlsbad. Eldridge will use the building, located at 3226 Grey Hawk Court, to expand its communication technology company. Move in...
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• San Diego’s Industrial Market Faces Mixed Signals Entering 2025
1/08/25
This report provided by real estate services firm Kidder Mathews
Market Highlights
• Quarterly Leasing Volume fell YOY and QOQ to 1.2 msf
• Asking Rental Rates fell 3.5% YOY to $1.64/sf NNN
• Cumulative Sales Volume saw a...
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• Carlsbad Industrial Property Acquired by Owner/User in $6.26 Mil Deal
1/06/25
A 21.5k sf, multi-tenant industrial building in Carlsbad traded for $6.26 mil, or $291/sf. The property is located at 5924 Balfour Ct, west of El Camino Real and south of College Blvd.
The asset was purchased by Yunqun LLC, ...
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• Oceanside Development Parcel Sells for $5.2 Mil
1/02/25
A 2.71-acre land parcel in Oceanside sold for $5.2 mil. The property is located at the northwest corner of Jones Road and Benet Road in Oceanside.
The buyer, North County Transit District (NCTD), a San Diego public transpor...
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• San Diego Modular Affordable Housing Project Lands $112 Mil in Financing
12/30/24
Impact Housing and Verbena Road Holdings have obtained $112.225 mil in financing for the development of Mission Gorge, a modular, affordable housing multifamily development in San Diego. The financing consists of an $85.225 m...
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• Oceanside Apartment Portfolio Sells in Four Deals Totaling $14.5 Mil
12/23/24
A 27-unit multifamily portfolio in Oceanside has sold in multiple transactions totaling $14.5 mil. The portfolio consists of five parcels that were sold in four transactions to separate buyers.
The properties are located at...
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• Chula Vista Office Building Trades in $29.5 Mil Deal
12/17/24
In a recent office property sale in San Diego County, The Plaza at Eastlake, a 132.7k sf, Class A building in Chula Vista, sold for $29.5 mil, or $222/sf. The property was 94% occupied at the time of the sale.
The structure,...
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