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• Encinitas Development Lots Sell for Over $6 Mil
1/03/13
Two contiguous lots totaling 7.73 acres in Encinitas sold for $6.21 mil. The sites are located at 680 Normandy Dr and 110 Urania Dr, north of Leucadia Blvd and just east of I-5.
The proposed project is for 28 residential lot...
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• Investor Picks Up Oceanside Mixed-Use Property
12/27/12
A California limited partnership paid $3.6 mil for a 20-unit mixed use building located at 502-508 Sportsfisher Dr and 510 N. Coast Hwy in Oceanside. The property consists of 16 residential units and four retail suites.
The ...
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• Lincoln Property and Artemis Real Estate Partners Spend $14 Mil on San Diego Office Property
12/27/12
A joint venture of Lincoln Property Company and Artemis Real Estate Partners has purchased Cornerstone Heights Corporate Center. The 97.9k sf property sold for $14.1 mil, which works out to $144/sf.
The two-building, office ...
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• Davidson Communities Spends Over $14 Mil on 63 Res Lots in Carlsbad
12/21/12
Davidson Communities has acquired 63 residential lots located in Carlsbad for $14.16 mil. The lots cover 24.39 acres and are located within La Costa Town Square.
The single-family detached residential sites, located on the ...
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• Pathfinder Partners Closes 8th Colorado Investment
12/21/12
San Diego-based Pathfinder Partners, LLC has purchased two of the four buildings within the Garrison Business Park – a fully-leased, class B, flex industrial and office complex in Lakewood, CO. The transaction marks Pathfinde...
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• Carlsbad Office Building Makes a Nice Christmas Present
12/21/12
A 47.4k sf office building in Carlsbad sold for $5.1 mil ($108/sf). The building, located at 1959 Palomar Oaks Way, was sold by an entity of SoCal-based Bixby Land Company.
The buyer was Art Barter, owner of Datron World Com...
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• Westcore Properties and DRA Advisors Complete $600 Mil Ind Portfolio Buy
12/21/12
Westcore Properties has boosted its U.S. commercial real estate holdings to more than 24 msf with the purchase of an 11.1 msf industrial portfolio in California and the Midwest from the Joe Benvenuti Company. Benvenuti passe...
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• Investor Shown the Golden Door, for $25 Mil
12/20/12
The Golden Door Spa, a 41-room luxury spa resort situated on 377 acres in San Marcos, just sold for $24.8 mil, free and clear of existing debt. Located approximately 40 minutes north of downtown San Diego, the Golden Door Spa...
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• $56 Mil Financing Reaches Across the Universe
12/18/12
Universe Holdings Development Company has obtained more than $56 mil in refi money for nine multi-housing properties in the Los Angeles and San Diego metropolitan areas. The financing was arranged by an HFF team led by Charle...
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• La Jolla Project to be Nation’s Largest Carbon-Neutral Office Building To-Date
12/18/12
A 13-story, 415k sf building currently under construction at La Jolla Commons in San Diego will become the nation’s largest carbon-neutral office building to date. The new building, a development of Hines and equity partner J...
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• Westcore Properties Buys Oakland Office High-Rise
12/17/12
San Diego-based Westcore Properties recently closed on a major NoCal office buy, having purchased the 24-story, 520k sf high-rise in downtown Oakland at 1221 Broadway, a block south of International Dr and about six blocks ea...
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• LBA Realty Sells 167k sf San Diego Data Center/Office Property
12/11/12
Lightwave Corporate Center, a 166.9k sf data center and office property in San Diego, was sold by LBA Realty. It is located at 9305 Lightwave Ave, south of Clairemont Mesa Blvd and roughly midway between Hwy 163 and I-15 in S...
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• Zion Market Leases 95k sf Kearny Mesa Retail Building
12/05/12
Zion Market has agreed to a 10-year sublease for a 94.5k sf retail building located at 7655 Clairemont Mesa Blvd in Kearny Mesa. Zion Market will use the space to relocate from its current location at 4611 Mercury St and is t...
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• San Marcos Office Building Earns US EPA ENERGY STAR® Certification
12/04/12
Civic View Corporate Centre, a four-story, 95.4k sf office building in San Marcos, has earned the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR® certification for superior energy efficiency. The EPA’s ENERGY STAR® ...
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• Latest Res Development at San Diego Spectrum Center Gets Underway
12/04/12
Sunroad Enterprises and Wermers Properties have broken ground on Ariva, a high-end luxury apartment community that is the newest residential addition to San Diego Spectrum Center, a mixed-use office, retail and residential de...
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• BCL / AEW Venture Acquires 120k sf Sorrento Mesa Office Asset
12/03/12
BCL Inc and AEW Capital Management have teamed up in the purchase of One Pacific Heights, a 120.4k sf Class A office building in Sorrento Mesa. The fully leased building, located at 9920 Pacific Heights Blvd, east of I-805 an...
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• Investor Spends $8 Mil on Vista Retail Property
11/28/12
A 95.2k sf retail building in Vista recently sold in a deal priced at $8 mil, or about $84/sf. The property, located at 650 Sycamore Ave, on the south side of the 78 Fwy, was 92 percent leased at the time of sale to Burlingto...
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• Keating Hotel Group Refinances Two Historic Properties in San Diego’s Gaslamp District
11/27/12
The Keating Hotel Group recently obtained refinancing for two historic buildings totaling 40.4k sf in San Diego’s Gaslamp District: The Keating Hotel and The Mercantile Building. The new 10-year, 4.7 percent, fixed-rate loan ...
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• Chula Vista Office Building Listed for $25 Mil
11/27/12
Gateway I, an award-winning, 102.4k sf office building with ground-floor retail space in Chula Vista, has been put on the market. The property, located at 303 H St, at Third Ave, is being offered for $25 mil, which equates to...
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• Davlyn Investments Acquires 35k sf La Jolla Retail Property
11/21/12
Davlyn Investments has purchased Wall Street Plaza, a 35k sf, three-story retail building in La Jolla, for $3.75 mil ($107/sf). The property was purchased all cash and is currently 18% occupied by Panera Bread and Lawrence Po...
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