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• Former Elementary School Property in San Diego Acquired for $18.5 Mil
1/14/14
Mission Beach Center, a 2.23-acre, former elementary school property in San Diego, was acquired for $18.5 mil as a redevelopment investment by McKellar McGowan LLC. The buyer plans to redevelop the now-vacant property as a re...
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• Kilroy Collects $327 Mil from Sale of 13 San Diego Office Properties
1/13/14
Kilroy Realty Corporation has sold 13 San Diego office properties in two tranches for total gross proceeds of approximately $327 mil. The portfolio included 1.1 msf of space and was approximately 91% leased.
As part of the ...
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• Carlsbad Condo Complex Trades for Over $5 Mil
1/13/14
Global Integrity Realty has purchased Sea Breeze, a 12-unit condo property in Carlsbad, for $5.2 mil ($433k/unit). The property, located at 3150 Ocean St, was sold by Holualoa Companies.
Built in 1982 on a 15.9k sf beachfron...
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• San Diego Multifamily Asset Sells for $4.55 Mil
1/10/14
A 22-unit multifamily property in San Diego sold for $4.55 mil ($206.8k/unit). Located at 3060 Suncrest Drive, the 13.9k sf complex is comprised of one- and two bedroom condos.
The property was completely remodeled in 2009....
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• Kearny Real Estate Purchases Downtown San Diego Office High-Rise
1/10/14
Kearny Real Estate Company has acquired a 232.1k sf office building in downtown San Diego from Union Bank NA. The building is located at 530 B Street, between 5th and 6th Aves, a few blocks northeast of Horton Plaza. The pric...
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• Ron Kaufman Companies Acquires San Diego Medical Office Building from Kilroy Realty
1/07/14
San Francisco-based Ron Kaufman Companies LLC closed out 2013 with the purchase of Pacific Medical Plaza, a 50.9k sf medical office building in the Sorrento Mesa area of San Diego, for $32.5 mil ($639/sf). The building, locat...
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• Investors Trade Vista Industrial Building for $1.3 Mil
1/07/14
A 10.5k sf industrial building in Vista sold for $1.343 mil ($128/sf). The building is located at 1212 Distribution Way, east of Melrose Dr and north of Sycamore Ave.
The property, built in 1994, is a rare auto repair facili...
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• Shea Homes Picks Up Vista Res Development Land
1/06/14
Shea Homes recently purchased an approved 73-lot Tentative Map on 8.55 acres in Vista for $7.65 mil. The property is located on the east side of East Vista Way just south of Warmland Ave.
The project is planned as a gated c...
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• Alegria Real Estate Acquires Res Development Land in University City
12/30/13
Alegria Real Estate, an investment group based in Solana Beach, has acquired 3.87 acres of prime land for new home development in the highly desired residential area of University City. The vacant property was sold for an und...
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• Martin Woods Apartment Homes Pays Over $12 Mil for La Mesa Apartment Community
12/19/13
The Villas at La Mesa, an 86-unit multifamily property in La Mesa, was purchased by LP, an entity of Property West Residential, for $12.26 mil ($142.6k/unit). The asset, located at 8515 Chloe Ave, was sold by Villa Apartment ...
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• Eagle Group Provides Short-Term Money to Refi SoCal Mobile Home Portfolio
12/16/13
Eagle Group Finance has provided a local real estate investor with a $1.7 mil short-term loan to refinance a mobile home portfolio in Southern California. The loan is cross-collateralized by Stonehenge Mobile Estates in Rosam...
Price: $4.99
Executive Subscriber Price: Free
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• Construction Finished on 200k sf Complex for San Diego Mesa College
12/16/13
Construction has been completed for the new 206k sf, four-story Math+Science Complex in the heart of San Diego Mesa College. The project, located at 7250 Mesa College Dr in the Clairemont area of San Diego, is being built by ...
Price: $4.99
Executive Subscriber Price: Free
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• Real Estate Capital Advisors Arranges $11.8 Mil in Five San Diego Area Deals
12/16/13
San Diego-based Real Estate Capital Advisors has closed five loan transactions totaling $11.83 mil for multi-family and commercial real estate properties throughout San Diego County.
In one of the deals, Real Estate Capita...
Price: $4.99
Executive Subscriber Price: Free
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• CIP Real Estate and Alex Brown Realty Pay $7 Mil for Kearny Mesa Biz Park
12/12/13
Irvine-based CIP Real Estate, in joint venture with Baltimore, MD-based Alex Brown Realty, has purchased an 80.4k sf business park in Kearny Mesa project for $7 mil ($87/sf) from Union Bank. The six-building industrial/flex p...
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• Retail Development at US/Mexico Border Lands $40 Mil in Development Money
12/09/13
The Shamrock Group LLC has obtained $40 mil in financing for the development of The Outlets at the Border, a 140k sf retail outlet center along the U.S./Mexico border in San Ysidro. The money was arranged by Aldon Cole and Ti...
Price: $4.99
Executive Subscriber Price: Free
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• Escondido Office Building Trades hands in $22 Mil Deal
12/05/13
Peregrine Realty Partners has purchased La Terraza Corporate Plaza, a 78.5k sf office building in Escondido, for $22.3 mil ($284/sf). The building was sold by Cypress Office Properties.
Built in 2008, the three-story office...
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• Private Investor Pays $18.9 Mil for San Marcos Res Property
12/05/13
Royal Oaks Senior Apartments, a 122-unit garden style apartment complex in San Marcos, was acquired by a 1031 exchange private buyer for $18.83 mil, or $154.3k/unit. The asset was sold by Dornin Investment Group, who had pur...
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• Investor Buys Two Office Buildings in Mission Valley
12/04/13
Gregg Seaman of Viewpoint Equities paid $9.9 mil for two office buildings in the Mission Valley area of San Diego. The properties were sold by Holualoa Companies.
The two, three-story buildings, located at 2635 and 2535 Cam...
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• Inland Empire Health Plans Spends $51 Mil on Rancho Cucamonga Office Building
12/02/13
Inland Empire Health Plans (IEHP) purchased Atrium at Empire Lakes, a 392.7k sf office property in Rancho Cucamonga, for $50.8 mil ($129/sf) in a receivership sale. Located at 10801 E. 6th St, between Haven and Milliken Aves,...
Price: $4.99
Executive Subscriber Price: Free
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• Craft Brewery Leases 107k sf San Diego Facility
11/19/13
In one of the largest leases in the San Diego area so far this year, Ballast Point Brewing and Spirits completed a deal for a 106.6k sf facility in the Miramar area. Ballast Point, a craft brewing and distilling company, agre...
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