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• Industrial Property in San Diego’s Barrio Logan Area Sells for $90/sf
3/02/15
Pelican Realty Group LLC, in a joint venture with Los Angeles-based PI Properties, has acquired Harbor Center, a two-building, multi-tenant industrial property totaling 40.5k sf in San Diego. The property was sold by an entit...
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• Commercial Property in Alpine Sells for $6 Mil
2/26/15
Alpine Regional Center, a three-building, 46.1k sf property in the city of Alpine, about 30 miles northeast of downtown San Diego, sold for $6 mil ($130/sf). The asset was purchased by Alpine Regional Center LLC from PV Alpin...
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• Buchanan Street Partners Closes on another San Diego Area Office Purchase
2/26/15
Buchanan Street Partners recently wrapped up its second San Diego area office buy in the past few weeks, paying $23.1 mil for Cornerstone Heights Corporate Center, a two-building, 98k sf office complex in Sorrento Mesa. The p...
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• HFF Arranges $30 Mil on Downtown San Diego Office Tower
2/25/15
In recent financing news out of San Diego, HFF arranged $30 mil for 101 Ash, a 347.1k sf office tower with subterranean parking in the city’s downtown. The borrower is The Gas & Electric Headquarters Building – San Diego LP, ...
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• HFF Arranges $167 Mil on Two SoCal Res Properties for Lyon Communities
2/24/15
HFF has arranged $166.66 mil in combined financing for two recently constructed, Class A multi-housing communities totaling 670 units in Southern California. The properties, located in Santa Ana and San Marcos, are both owned...
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• Firm to Occupy 50% of 20k sf Property Acquisition San Diego
2/24/15
A 20k sf, multitenant office/industrial property in San Diego sold for $2.45 mil ($123/sf). Built in 1988, the two-story building is located at 720 Gateway Center Dr, south of the 94 Fwy and west of I-805.
Mark Lewkowitz of ...
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• Lincoln Property Company Buys 68k sf Carlbad Office/R&D Park
2/23/15
Lincoln Property Company purchased a two-building, 68.4k sf R&D/office campus in Carlsbad for $11.9 mil ($174/sf). The buildings, located at 5993 and 5999 Avenida Encinas, just west of the I-5 Fwy off Palomar Airport Rd, were...
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• Escondido Industrial Property Sells for Over $7 Mil
2/20/15
A San Diego-based private investment firm has purchased Simpson Business Park, a 56k sf, multi-unit industrial building in Escondido. Located at 1305-1317 Simpson Way, south of Hwy 78 and just west of I-15, the property fetch...
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• Buchanan Street Partners Completes $20 Mil Carlsbad Office Buy
2/20/15
Buchanan Street Partners LP has purchased Carlsbad Corporate Office, a 121.5k sf office building in Carlsbad, for $19.5 mil, or around $160/sf. Located at 1950 Camino Vida Roble, north of Palomar Airport Rd and adjacent to Mc...
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• Leasehold Interest in NNN-Leased San Diego Property Sells for $11.9 Mil
2/19/15
A 45k sf, single-tenant, NNN-leased retail property fully occupied by Dave & Busters in San Diego traded hands at a price of $11.9 mil ($264/sf). The leasehold interest in the property, situated on 6.54 acres at 2931 Camino D...
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• Industrial Property in San Diego’s Miramar Area Sells for $110/sf
2/17/15
A 61k sf, multitenant industrial property in San Diego known as Soledad Business Park sold for $6.7 mil ($110/sf). The property is located at 8250-8260 Camino Santa Fe, east of I-805 and just north of Miramar Rd in the Miram...
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• Investors Trade 35k sf La Jolla Mixed-Use Property
2/13/15
Herschel & Wall, a 36.6k sf, mixed-use office and retail building in San Diego’s La Jolla neighborhood traded hands. It was purchased by a partnership between MHF Real Estate Group and McCarthy Ranch from a joint venture betw...
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• State of California Buys Five-Acre Kearny Mesa Site for CHP Office
2/10/15
The State of California purchased a five-acre land site in Kearny Mesa for $10.82 mil. The State plans to construct a California Highway Patrol office on the site, located at the corner of Kearny Villa Rd and Ruffin Rd.
The ...
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• Investor Buys Two Retail Centers Near US/Mexico Border
2/09/15
Two multitenant retail centers in San Diego County sold for $8.95 mil. The properties, Plaza Mayor and Otay Crossroads, are located at 2493-2495 Roll St, 9660 Via De La Amistad, and 2445-2455 Otay Center Dr in Otay Mesa.
Pla...
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• San Marcos Industrial Building Goes for $122/sf
2/04/15
In a recent industrial comp out of San Marcos, a 55.9k sf building sold for $6.8 mil, or $122/sf. The building is located at 700 Rancheros Dr, north of the 78 Fwy and west of Woodland Pkwy. The single-tenant, free-standing bu...
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• Cushman & Wakefield Acquires Carlsbad-Based Property Tax Resources
2/03/15
Cushman & Wakefield has acquired substantially all the assets of Property Tax Resources (PTR), a leading advisory service based in Carlsbad. The move was part of C&W’s ongoing efforts to provide a national tax advisory practi...
Price: $4.99
Executive Subscriber Price: Free
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• Pathfinder Partners Wraps Up Initial Closing of Its Opportunity Fund V
1/28/15
San Diego-based Pathfinder Partners LLC has completed the initial closing of Pathfinder Partners Opportunity Fund V – a private real estate fund focused on acquiring multifamily and other residential real estate, both rental ...
Price: $4.99
Executive Subscriber Price: Free
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• Rexford Industrial AcquiresTwo SoCal Properties Totaling Over 200k sf
1/27/15
Rexford Industrial recently closed on two more SoCal industrial property purchases, paying $30.6 mil for properties containing a combined total of 213.6k sf ($143/sf) of space. With these deals, the company owns interests in ...
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Executive Subscriber Price: Free
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• CBRE Arranges $30 Mil on Medical Office Properties in SoCal and Texas
1/27/15
CBRE’s Capital Markets’ Debt and Structured Finance Team recently closed three transactions in Southern California and Texas, totaling $29.7 mil. The team secured loans for: Alvarado Medical Office in San Diego, for $10.7 mil...
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• MG Properties Spends $39 Mil on Temecula Multifamily Asset
1/27/15
San Diego-based MG Properties Group purchased Tuscany Ridge Apartments, a 220-unit multifamily property in Temecula, for $38.85 mil ($177k/unit). The property is located at 41955 Margarita Rd, east of I-15 and north of Rancho...
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