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• San Diego Office Tower Sells for $27.5 Mil
10/29/24
Ambient Communities, a San Diego-based real estate development company, acquired 530 B Street, a 24-story, 250k sf office tower in downtown San Diego, for $27.5 mil ($110/sf).
Completed in 1966, the building is located at 53...
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• RENTV's 2024 San Diego State of the Market Conference is Being Held on November 21
10/21/24
RENTV's 2024 San Diego State of the Market Conference
This annual event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throug...
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• Breakthough Properties Opens 520k sf Life Science Campus in Del Mar Heights Fully Leased
10/18/24
Torrey View, a newly-developed, 10-acre life science campus in Del Mar Heights just celebrated its grand opening. The 520k sf campus, a development of Breakthrough Properties, has been fully pre-leased to a lineup of leading ...
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• City of San Diego Leases 43k sf of Office Space at Renovated Office Tower Downtown
10/16/24
The City of San Diego has leased 43k sf of office space in downtown San Diego for its Development Services Department. The agency inked the deal at the recently renovated Five50West, a 20-story, 362.8k sf office building loca...
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• Otay Mesa Site Trades in a $5.2 Mil Deal
10/16/24
IDS Real Estate Acquisitions LLC acquired 3.34 acres of industrial-zoned land in Otay Mesa in a $5.2 mil transaction. The property was sold by FOTINM LLC.
The land is located at the northwest corner of Camino Maquiladora and...
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• Commercial Real Estate Financing Briefs
10/14/24
GREYSTONE MONTICELLO -- Darryl Myrose with Greystone Monticello closed on two bridge loans totaling $40.3 mil for two apartment complexes in Las Vegas, NV. The purpose of the loans is to refinance the outstanding bridge loans...
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• Raintree Partners Agrees to 99-Year Ground Lease of One-Acre Property in San Diego’s Bankers Hill Area
10/09/24
Raintree Partners agreed to a 99-year ground lease for a 1.06-acre commercial site in San Diego’s Bankers Hill neighborhood. The property, located at 411 Ivy St, includes an adjacent parking lot
The four-parcel property ass...
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• Harbor Associates and F&F Capital Group Pick Up n211k sf San Diego Biz Campus
10/07/24
Harbor Associates LLC, in a joint venture with F&F Capital Group, has acquired Highlands Corporate Center, a Class A, 211k sf five-building multi-tenant office campus in San Diego.
Highlands Corporate Center is located at 1...
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• Central San Diego IOS Asset Goes for $14.6 Mil
10/03/24
A 3.6-acre Industrial Outdoor Storage (IOS) facility in the Central San Diego submarket of Miramar. Sold for $14.6 mil in a recent deal. The low coverage site is located at 7191 Carroll Rd, just west of Camino Santa Fe and no...
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• National City IOS Property Goes for $7.3 Mil
10/02/24
Macias Consulting Services LLC, a fleet services company based in San Diego, purchased a 2.06-acre industrial parcel with a 4.5k sf building in National City. The property, located at 3202 Hoover Ave, traded for $7.3 mil.
Ma...
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• EQT Exeter Spends $23.4 Mil on Otay Mesa Industrial Facility
10/01/24
EQT Exeter has purchased a freestanding, 115.5k sf industrial/warehouse building on 5.7 acres in San Diego’s Otay Mesa submarket for $23.45 mil ($203/sf). The single-tenant property, located at 2345 Britannia Blvd, is 100% le...
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• San Ysidro Industrial Complex Purchased for $27 Mil by GID Industrial Acquisition
9/27/24
In a notable industrial buy from San Diego County, GID Industrial Acquisition purchased Trolley Industrial Center, a 105.5k sf property on over five acres in San Ysidro, for $27.25 mil ($258/sf), The multi-tenant property, lo...
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• Regional Center in Oceanside Sells for $34 Mil
9/26/24
Plaza Rancho Del Oro, a 65k sf regional retail center in Oceanside, was purchased by an LA-based high-net-worth individual for $34.3 mil, or $527/sf. The property, located at 4120-4196 Oceanside Blvd, is shadow-anchored by Al...
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• Work Gets Underway on 68k sf Biz Park in Carlsbad
9/24/24
The Techbilt Companies has broken ground on Evolve, a brand new 67.7k sf, three-building campus in Carlsbad. The new Class A complex is situated within a 600-acre master-planned development surrounded by over 350 acres of ope...
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• BKM Capital Partners Wraps Up $110 Mil Recapitalization of Light Industrial Portfolio
9/19/24
BKM Capital Partners has executed a $110 mil recapitalization of a five-property, light industrial portfolio. The transaction also marks an expansion of BKM’s partnership with a global investment manager, bringing the joint v...
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• San Diego Area Biz Park Trades for $11 Mil
9/13/24
Cast Capital Partners paid $11 mill for Four Governor Park, a two-building, 50.2k sf ($219/sf) stabilized office property in San Diego. The property, located on 2.7 acres at 5080-5090 Shoreham Place, was sold by MIG.
The bus...
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• BH Properties Buys 400k sf, San Diego-Area Mixed-Use Campus
9/09/24
BH Properties acquired Hazard Center, a 405.3k sf, mixed-use campus in San Diego’s Mission Valley area. Terms of the transaction were not disclosed.
Situated on 14.5 acres, Hazard Center currently features a 15-story, 270k ...
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• RPG and Steel Peak Venture Spends $12 Mil on Central San Diego Flex-Office Property
8/28/24
A joint venture between RPG and Steel Peak acquired a 38.7k sf, flex-office property on 4.27 acres of industrial land zoned for outdoor storage for $12.1 mil. The property is located at 9606 Aero Dr, just west of I-15.
The s...
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• San Diego May be Facing Limited Class A Office Options in the Future
8/28/24
Global real estate services firm JLL has just released the results of a study on the San Diego office market which suggests that future tenants may be challenged when looking for Class A space. This is due in part to the exis...
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• Community Preservation Partners Teams Up with The Hampstead Companies in 144-Unit El Cajon Affordable Housing Buy
8/28/24
Community Preservation Partners (CPP), in partnership with The Hampstead Companies, has purchased Lexington Green Apartments, a 144-unit affordable housing complex in El Cajon. The venture’s total development investment is $8...
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