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• Coastal San Diego Apartment Property Sells for $250k/Unit
8/18/14
A 12k sf, 16-unit multifamily property in San Diego sold for $4.05 mil, or about $253k/unit. The property is located at 1827 Reed Ave, west of I-5 on the north end of Mission Bay.
The two-story apartment building consists of...
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• Completion of First Two Phases of Ariva Brings Over 250 Res Units to Kearny Mesa
8/15/14
Work has wrapped up on the first and second phases of Ariva, a luxury resort-inspired apartment community in San Diego Spectrum Center being developed by Sunroad Enterprises. Located at the intersection of San Diego Spectrum ...
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• SR Commercial Picks Up 300k sf of Assets in San Diego County
8/15/14
SR Commercial recently acquired two San Diego County commercial real estate assets encompassing nearly 300k sf of space and totaling over $51 mil of total capitalization. The purchases include a 235.5k sf portfolio of office,...
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• Foreign Investor Pays $324/sf for San Diego-Area Rite Aid
8/15/14
An unnamed international buyer paid $7.128 mil for a 22k sf ($324/sf) Rite Aid Pharmacy property in the upscale Rancho Penasquitos neighborhood of San Diego. The building is located at 13167 Black Mountain Rd, north of Hwy 56...
Price: $4.99
Executive Subscriber Price: Free
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• Vista Church Building Acquired for Use as a Charter School
8/15/14
Guajome Schools LLC purchased a 38.7k sf building in Vista to be used for its Guajome Park Academy, a charter school consisting of grades K-8. The property, located at 1132 North Melrose Dr, was sold for $4.5 mil ($116/sf)...
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• Draftsmen & Craftsmen
8/14/14
San Diego State University has begun work on a $53 mil renovation of its Zura residence hall. The design-build project is being done by Balfour Beatty Construction. It will provide upgrades and enhancements to the student hou...
Price: $4.99
Executive Subscriber Price: Free
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• HCP Adds to Its Torrey Pines Life Science Property Portfolio
8/13/14
HCP Inc has acquired a 92.5k sf, two-story life science building and an 8.8k sf state-of-the-art greenhouse in Torrey Pines. The property, located at 11099 North Torrey Pines Rd, was sold by Touchstone Investments and Angelo,...
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• Locale Advisors Closes Second San Diego Office Buy in a Month
8/13/14
Locale Advisors Inc recently purchased a vacant, 26k sf office building in the Governor Park area of San Diego for $3.92 mil ($150/sf). The building, located at 5015 Shoreham Place, marks the firm’s second San Diego property ...
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• Oceanside Development Site Sells for $25 Mil
8/13/14
A 28-acre parcel of land in Oceanside with approved plans for a 338-unit luxury apartment development sold for $25 mil. The property is located on the northwest corner of College Ave and Old Grove Rd within the Rancho Del Oro...
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• Cardiff-by-the-Sea Office Building Fetches $620/sf
8/12/14
A 12.9k sf, freestanding office building in Cardiff-by-the-Sea sold for $8 mil ($620/sf). The building is situated on just over half an acre at 131 Aberdeen Dr, just a few blocks in from the ocean, at the edge of Encinitas.
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• Pathfinder Partners Closes Vista Retail Buy
8/12/14
Here’s news of an interesting San Diego area retail buy, as Pathfinder Partners LLC has purchased Breeze Hill Promenade, a 40.5k sf retail center in Vista. The price was not disclosed.
Built in 2007, Breeze Hill – with color...
Price: $4.99
Executive Subscriber Price: Free
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• Moss Adams Leases 19k sf at New La Jolla Office Tower
8/11/14
Moss Adams LLP has signed a 10-year, $9.47 mil lease for 18.6k sf ($4.24.sf.mo) of top floor space at the new La Jolla Commons Tower I in La Jolla. The building, the newest high-rise in San Diego’s UTC submarket, is located a...
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• Carlsbad Apartment Building Marketed as Redevelopment Opportunity to Be Used for Vacation Rentals
8/11/14
A seven-unit apartment complex in Carlsbad sold for $1.855 mil, or $265k/unit. The property is on a 12.2k sf parcel at 3044 State St in the downtown village district of Carlsbad.
The site is currently approved for a 15.4k sf...
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• Poway Industrial Comp Transacts at $109/sf
8/08/14
In a recent San Diego County industrial comp, a private investor paid $6.15 mil for a 56.4k sf ($109/sf) building in Poway. The property, located at 12250 Kirkham Rd, was sold by Atomic Investments Inc.
Brian Mulvaney, CCIM...
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• Johnson Capital Arranges $6 Mil on El Cajon Senior Affordable Housing Property
8/06/14
Jeff Kearns and Kent Carpenter in Johnson Capital’s Irvine office have arranged a $6 mil loan secured by a senior affordable housing complex in El Cajon, CA. The property, called El Cajon Senior Towers, was built in 1981 and ...
Price: $4.99
Executive Subscriber Price: Free
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• Investors Pay $670/sf for Single-Tenant La Jolla Building to Be Torn Down for Res Project
8/06/14
A free-standing, single-tenant in La Jolla sold for $6.8 mil, or around $670/sf. The 10.1k sf building, on just over half an acre at 720 Silver St, was purchased by EHOF La Jolla LLC, William A. Berwin and Michael K. Pierson....
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• Iconic San Diego Office Building Sells
7/30/14
BBL Commercial Real Estate and Westbrook Partners have acquired Fifth Avenue Financial Center, located at 2550 Fifth Avenue in downtown San Diego, for an undisclosed amount. The iconic tower, commonly known as “The Mister A’s...
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• Chula Vista Res Community Gets Underway
7/29/14
San Diego-based private equity firm Pathfinder Partners LLC and developer Lanshire Housing Partners LLC have broken ground on Bahia Vista Townhomes, a 21-unit community in Chula Vista’s up-and-coming Marina District. Pathfind...
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• Otay Mesa Industrial Sales Comp Goes for $71/sf
7/28/14
A 115.3k sf industrial building located in the master-planned Siempre Viva Business Park in the Otay Mesa area of San Diego sold for $8.15 mil, or $71/sf. The buyer was Niceride 1 LLC.
The building, located at 8851-8877 Kern...
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• Private Investor Pays $5.8 Mil for El Cajon Industrial Property
7/24/14
A 70.7k sf industrial business park in El Cajon recently sold for $5.77 mil ($82/sf). Built in 1971, the property sits on a four-acre site at 474-500 Raleigh Ave in the city’s downtown.
The property offers easy access to SR-...
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