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• Venture Acquires 62k sf Downtown San Diego Dev Site
12/29/11
Holland Development, in partnership with Real Estate Capital Partners, has purchased a 61.9k sf site located at the northwest corner of 15 th St and Market St in downtown San Diego for $7.25 mil. The seller, CJUFII-Lankford 1...
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• Union-Tribune Building in Mission Valley Sells for $42.5 Mil
12/22/11
In a sizable San Diego office property purchase, a locally based investment entity paid $42.5 mil for the Union –Tribune building in Mission Valley. Located at 350 Camino de la Reina, the 166.3k sf ($256/sf) structure contain...
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• Westcore Picks Up Additional 228k sf of SoCal Industrial Buildings
12/09/11
San Diego-based Westcore Properties closed on the purchase of an industrial portfolio comprised of SoCal two buildings totaling 228.4k sf of space, in Anaheim and Pomona. The deal value was not disclosed.
According to John ...
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• Marcus & Millichap’s Alvin Mansour Closes 13 Single-Tenant Sales in 3rd Qtr 2011
12/07/11
Marcus & Millichap’s Alvin Mansour has negotiated the sale of 13 single-tenant property transactions in locations across the country during the third quarter. In all, Mansour, based out of M&M’s San Diego office, represented ...
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• Rancho Bernardo Industrial Building Sells for $85/sf
11/28/11
Bixby Land Company purchased a 73.5k sf industrial building in San Diego’s Rancho Bernardo area for $6.25 mil ($85/sf). The building, located at 10895 Thornmint Rd, east of Camino San Bernardo and north of Camino Del Norte, w...
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• Newmark Realty Capital Arranges $244 Mil on GSA-Leased Project in San Diego
11/23/11
In one of the bigger CA financing deals we’ve seen in some time, Newmark Realty Capital Inc has arranged $244 mil in financing on a 248.9k sf Class A office complex leased by the US government in San Diego. The financing cons...
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• Borrower Locks in Fixed Rate of 3.95% for Oceanside Apt Refi
11/18/11
In a recent multifamily refinancing deal from Oceanside, HFF arranged a $14.85 mil refi for Village View, a 114-unit, garden-style multi-housing community located at 3634 College Blvd, about four miles from the coast. The pr...
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• Cypress Office Properties Acquires 78k sf Escondido Property
11/15/11
In a recent Escondido office buy, San Diego-based Cypress Office Properties LLC has acquired a 78.4k sf, Class A, office building located at 500 La Terraza Blvd. The three-story building was constructed in 2008 and was 38 pe...
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• Inglewood Apartment Complex Sells for $121k/Unit while San Diego Property Goes for $130k/Unit
11/14/11
A 36-unit apartment community in Inglewood traded hands at a price of $4.35 mil ($120.8k/unit). Located at 524 Venice Way, the property is situated in Northwest Inglewood near La Cienega Blvd and Centinela Ave.
The building...
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• Trigild to Handle Management of 159k sf Office Complex in San Diego’s UTC
11/11/11
San Diego-based Trigild Inc will assume day-to-day management Genesee Executive Plaza, a 159k sf office complex comprised of two, three-story class “A” office/medical buildings. The property is located at 9333 and 9339 Genese...
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• Wasatch Commercial Spends $62 Mil on Carlsbad Office Portfolio
11/10/11
In the latest indicator that investors are starting to feel more confident that many office markets may have reached bottom, Wasatch Commercial Management has purchased six Class A office buildings totaling nearly 320k sf in ...
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• Owner/User Buys San Diego Industrial Property
11/04/11
An 8.7k sf industrial property located at 9930 Mesa Rim Rd, south of Mira Mesa Blvd and west of Camino Santa Fe in San Diego, traded in a recent deal valued at $1.335 mil ($153/sf). The facility, which has undergone more tha...
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• IDS Purchases 400k sf Industrial Asset in Kearny Mesa
11/04/11
IDS Real Estate Group just closed on a large San Diego-area buy, having acquired a 411.2k sf industrial/warehouse building in the city’s Kearny Mesa area. Located on 19 acres at 4000 Ruffin Rd, the Class B, multi-tenant facil...
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• San Diego Seniors Housing Complex Earns LEED Silver Certification
11/03/11
Courtyard Terraces, an 88-unit, $24.5 mil affordable housing complex for senior citizens in the City Heights neighborhood of San Diego, has earned Leadership in Energy and Environmental Design Silver Certification by the U.S....
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• SoCal Multifamily Comps
11/01/11
A 16-unit apartment property located in Whittier sold for $2.13 mil, or $133k/unit. Located at 7630 Milton Ave, the property offers a unit mix of 13 two-bedroom/one-bathroom units and three three-bedroom/two-bathroom units.
...
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• MG Properties Group Closes $11.8 Mil Mixed-Use Buy in Oceanside
10/18/11
San Diego-based MG Properties Group (MGPG) purchased Ocean Village, a 63k sf mixed-use residential and retail property in downtown Oceanside, for $11.75 mil ($187/sf). Completed in 2009, the property is located at 401 N. Coas...
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• Marcus & Millichap’s San Diego Metro Area Third Quarter 2011 Office Report
10/17/11
Renewed employment growth has yet to translate into meaningful occupancy gains for the San Diego office market this year, as businesses are first backfilling under-utilized space before considering expansion, an occurrence li...
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• Voit’s 3rd Quarter San Diego Office and Industrial Report
10/14/11
The following is Voit Real Estate Services' 2011 third quarter report for industrial and office space in San Diego
In the third quarter of 2011, San Diego’s office market posted 468,008 square feet of positive net absorptio...
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• Poway In-N-Out Burger Goes for $850/sf
10/13/11
A 3.5k sf In-N-Out Burger restaurant in the southern San Diego-area city of Poway sold for $3 mil ($857/sf). The property is ground-leased to In-N-Out Burger on a 20-year NNN ground lease with over 19 years remaining on the i...
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• Colorado-Based Salon/Spa Chain Opens Signs for Three SoCal Locations
10/11/11
Phenix Salon Suites, a Colorado Springs, CO-based salon/spa chain, recently inked three SoCal leases in deals worth a combined $2.8 mil. The leases are in Los Angeles, Orange and San Diego Counties.
“Phenix’s unique individ...
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