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• Spanky’s Signs at San Diego Ind Property
8/10/12
Rancho San Diego Industrial Center, a 175k sf industrial park in Spring Valley, has inked its second major lease transaction in less than a month. In this latest deal, Spanky’s Portable Services has signed a six-year lease re...
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• Lowe Completes Construction on 300k sf Second Phase of Kearny Mesa County Project
8/10/12
Lowe Enterprises has completed construction of the second phase of the County Operations Center and Annex redevelopment in Kearny Mesa. The newest phase of the project includes two 150k sf, four-story, steel-frame office bui...
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• Cassidy Turley San Diego Team Takes Over Marketing at Creekview Medical Park
8/09/12
A Cassidy Turley San Diego team of Mark Avilla, Matty Sundberg and Bob Cowan has been selected as the marketing as leasing reps for Creekview Medical Park. The 12-building medical office campus is located at 1910-1968 Via Cen...
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• McCarthy Tops Out Construction for $105 Mil La Jolla BioMed Facility
8/08/12
Construction of UCSD’s new Health Sciences Biomedical Research Facility at the University of California, San Diego (UCSD) in La Jolla is well underway. Located on a 3.3-acre site within the UCSD School of Medicine campus, the...
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• GF Properties Group Lands Construction Money for New Marriott SpringHill Suites in Oceanside
8/06/12
GF Properties Group has obtained a $25.1 mil construction loan for the development of Marriott SpringHill Suites, a 150-key hotel in Oceanside. Marriott SpringHill Suites will be situated at the southeast corner of North Myer...
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• Donahue Schriber Picks Up Three Grocery-Anchored Shopping Centers
8/06/12
Costa Mesa-based Donahue Schriber closed on the purchase of three grocery-anchored shopping centers, including their first acquisition in the state of Washington. The company most recently closed escrow on Del Mar Heights Vil...
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• Oceanside Industrial Property Sells for $3.5 Mil
8/03/12
A 29k sf industrial property in Oceanside sold for $3.5 mil ($121/sf). The property is located on 3.83 acres of land at 503 Jones Rd, just south of Hwy 76 and Oceanside Municipal Airport. The buyer plans to keep the property ...
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• Carlsbad Office Building Sells for Over $14 Mil
8/03/12
A 41.5k sf Carlsbad office building triple-net leased by ViaSat Digital Communications recently sold for $14.15 mil ($341/sf). The building is located at 2530 Campbell Place, at the intersection of Palomar Airport Rd and El ...
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• AIMCO Buys Broadway Lofts in Downtown San Diego
8/01/12
AIMCO Properties purchased Broadway Lofts, a 12-story, mixed-use multifamily and retail building in San Diego. The property, located at 1007 5th Ave, west of I-5 in the heart of the city’s downtown, was sold by Watt Lofts LLC...
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• San Diego’s Art Union Building Purchased by Owner of the San Diego Reader
7/31/12
Holman Family Trust, owner of the San Diego Reader, has purchased the Art Union Building, a 17.3k sf office property in San Diego, for $1.96 mil ($113/sf). The building is located at 2323 Broadway, just east of the I-5 and no...
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• Otay Mesa Retail Buy Looks Like a Positive Investment
7/24/12
Positive Investments Inc paid $2.75 mil for Otay Crossroads, a 29.8k sf retail center located at 2445-2455 Otay Center Dr, at the intersection of Hwy 905 and Siempre Viva Rd in Otay Mesa. The property sold after being on the ...
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• Coast Income Properties Purchases San Diego Medical Office Building for $9.7 Mil
7/20/12
Coast Income Properties Inc has purchased the Lewis Medical property, a 22.5k sf medical office building located at 330 Lewis St, north of Washington St and west of Hwy 163 in San Diego’s Hillcrest area. The building, which i...
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• CapRock Partners Picks Up Two San Diego Industrial Buildings
7/17/12
Irvine-based CapRock Partners has acquired two industrial buildings comprising a total of 36.8k sf in San Diego in an all-cash transaction through an auction process at a courthouse in San Diego County. Terms of the acquisiti...
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• Trigild’s William Hoffman Appointed Liquidating Trustee for SCI Entities
7/17/12
William J. Hoffman, the chief executive officer of San Diego-based Trigild Inc, has been appointed liquidating trustee over the bankruptcy of Secured California Investments Inc (SCI) and SCI Real Estate Investments LLC, two r...
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• San Diego’s Office and Industrial Markets Showing Signs of Recovery
7/12/12
San Diego’s industrial and office markets demonstrated strong signs of recovery during the second quarter of 2012, according to a Second Quarter Market Report from Voit Real Estate Services. Office vacancy dipped to 14.24 pe...
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• KBS REIT II Realizes $24.8 Mil Gain from Sale of Notes on La Jolla Office Property
7/12/12
KBS Real Estate Investment Trust II (KBS REIT II), a non-traded real estate investment trust based in Newport Beach, recently completed the sale of an A-Note and B-Note collateralized by The Northern Trust Building in La Joll...
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• Investor Purchases 27k sf Office Building in Mission Valley
7/09/12
A 26.7k sf single-tenant office building in San Diego’s Mission Valley submarket sold for $6 mil ($225/sf). The building is located at 1843 Hotel Circle So, east of I-5 and adjacent to the south side of I-8.
The three-story ...
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• Chula Vista Medical Office Property Trades for Almost $25 Mil
7/05/12
In a notable sale from about a month or so ago in Chula Vista, Centre Medical Plaza, a 74.9k sf medical office park, sold for $24.6 mil ($328/sf). Built in two phases in 1995 and 2001 on 3.74 acres, the property is located at...
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• Coast Income Properties True to Its Name
6/28/12
Coast Income Properties Inc closed on a large Carlsbad office buy, paying $29 mil for Pacific Ridge Corporate Centre, a two-building, 121.5k sf ($239/sf) project located at 5780 and 5790 Fleet St, east of I-5 and north of Pal...
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• BioMed Realty Trust Spends $20 Mil on 15.7 Acres in Sorrento Mesa
6/27/12
BioMed Realty Trust Inc purchased two San Diego-area parcels of land totaling approximately 15.7 gross acres for about $20 mil. BioMed entered into a long-term ground lease for the site, located at the intersection of Camino ...
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