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• Trigild Appointed Receiver for 3 msf Portfolio
11/18/10
San Diego based Trigild has been named as the court-appointed receiver for a portfolio of 11 office and industrial properties totaling more than 3 msf of space. Trigild is charged with operating, repositioning—and protecting—...
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• Bridgepoint Education Inks Build-to-Suit Deal for New Kearny Mesa Structure
11/16/10
Bridgepoint Education has inked a deal to increase its already substantial presence in Kearny Mesa. The NYSE-traded company, a provider of postsecondary education services, has signed a build-to-suit lease for the soon to be ...
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• Recent Activity Brings Mission Valley Office Tower to 94% Occupied
11/11/10
Leasing activity at Rio Vista Tower in San Diego’s Mission Valley area over the last 18 months has raised building occupancy from 65 percent to 94 percent. Located at 8880 Rio San Diego Dr, north of I-8 and west of I-805, Rio...
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• Scripps Miramar Ranch Office Property Certified LEED-CS Silver
11/08/10
Pacific Office Properties Trust Inc has achieved LEED-CS Silver Certification from the U.S. Green Building Council for its renovation of the Willow Creek office building. Willow Creek is a 23.9k sf structure located at 10021 ...
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• Jonathan Freeman Named Acting Pres and CEO at Cassidy Turley BRE Commercial
11/05/10
Jonathan Freeman has been appointed as acting President and CEO at Cassidy Turley BRE Commercial in San Diego following John Frager’s departure. Frager joined Cassidy Turley BRE Commercial in 2002 as President and CEO. Freema...
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• Owners of PetSmart Get Smart Money in Vista
11/03/10
Cohen Financial, a national real estate capital services firm, announced that it secured $3 million in refinancing for a PetSmart in the north San Diego City of Vista. The PetSmart consists of 41,514 square-feet of retail spa...
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• Toyota of Poway To Occupy New Dealership
11/01/10
In Poway, Toyota of Poway is taking over two separate properties totaling 5.6 acres of land for a new dealership and service facility at the intersection of Midland Drive and Poway Road,. One of the parcels Toyota of Poway is...
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• San Diego Housing Commission Drops $31.5 Mil Anchor in Mariners Village
10/28/10
The San Diego Housing Commission, represented by Diane Miramontes, Darcy Miramontes and Kip Malo of Cassidy Turley BRE Commercial, bought the Mariners Village Apartment complex in Paradise Hills, east of National City, for $3...
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• Buyers Get Industrious in San Diego County
10/28/10
There is definitely some activity in the mid-sized industrial sales market. Here are half a dozen completed industrial sales over the past month throughout San Diego County.
Down near the Mexican border in Otay Mesa, Santa M...
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• Raintree Grows Two More Branches
10/26/10
Raintree Partners, a Laguna Niguel, CA-based real estate investment and development company, has acquired a two-property portfolio of San Diego County multifamily properties from a private individual for $65 mil. With these t...
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• San Diego Corp HQ Building Sells for $5.4 Mil
10/25/10
Cal Sorrento LTD paid $5.4 mil for a 39.9k sf ($135/sf) high-image corporate headquarters/flex/office building in San Diego’s Carmel Mountain Ranch area. Located at 15150 Avenue of Science, east of I-15 and south of Camino De...
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• Attention KMART Shoppers!
10/22/10
A 100k sf KMART in San Diego’s University Town Center area sold for $9.5 mil ($95/sf). Located at 5405 University Ave, south of El Cajon Blvd and east of 54th St, the property was purchased by EMA San Diego LLC.
Victor Kreb...
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• PriceSmart Renews Sorrento Mesa Office Space
10/20/10
PriceSmart Inc, the largest operator of membership warehouse clubs in Central America and the Caribbean, has signed a 65-month lease renewal for 34.9k sf of office space in Sorrento Mesa. The space is in CentreWest Plaza, a 1...
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• Molsoft Buys Sorrento Valley Office Condo
10/13/10
A 4.2k sf office condo at Venture Sorrento Office Park in Sorrento Valley sold for $970k ($231/sf). Located at 11199 Sorrento Valley Rd, just north of Sorrento Valley Blvd at the confluence of I-5 and I-805, the unit was purc...
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• San Diego Housing Commission Buys Courtyard Condos Mixed-Use Project
10/12/10
San Diego Housing Commission purchased Courtyard Condos, a 54k sf mixed-use project in San Diego’s mid-city area, for $7.2 mil. Located at 4395 El Cajon Blvd. east of I-15, Courtyard Condos contains 37 residential units over ...
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• Kennedy Wilson Acquires Majority Interest in Carlsbad Office Complex
10/07/10
Beverly Hills-based Kennedy Wilson has acquired a majority interest in One Carlsbad Research Center, two suburban office buildings totaling 98.9k sf in Carlsbad. As part of the transaction, Kennedy Wilson recapitalized the pr...
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• Flurry of Recent Deals Brings Sorrento Mesa Office Building to 90% Leased
10/04/10
The Courtyard office building in San Diego’s Sorrento Mesa area stands at 90% leased after having signed five leases, totaling $2.045 mil, over the last four months. Located at 6480 Weathers Place, west of Camino Santa Fe and...
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• BioMed Realty Trust Closes on another Big San Diego Office Buy
9/29/10
BioMed Realty Trust has just closed on another San Diego-area life science office buy, having paid $17.75 mil for a 49.3k sf ($360/sf) Class A office building in the Torrey Pines submarket. Located at 10240 Science Center Dr,...
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• Mountain Real Estate Capital and Davidson Communities Acquire San Diego Housing Project from B of A
9/27/10
Mountain Real Estate Capital (MREC) and Davidson Communities have teamed up in a joint venture purchase of The Sentinels at Del Sur subdivision in San Diego. The project, which consists of 17 substantially finished lots and f...
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• Vista Office/Warehouse Facility Listed for $25 Mil
9/27/10
A 202k sf office/warehouse building in Vista that is currently the corporate HQ for DEI Holdings has been listed for sale. The property, located at 1 Viper Way, east of Sycamore Ave and west of the 78 Fwy, is being offered at...
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