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HFF Arranges $40 Mil on Solana Beach Towne Centre 6/22/10 HFF (Holliday Fenoglio Fowler, L.P.) has secured $40 mil in refi money for Solana Beach Towne Centre, a 250k sf, Class “A” retail community shopping center in Solana Beach. The center is located at the southwest corner of Lom...
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Barnhart Kicks Off Work on New Performing Arts Center for San Dieguito Union High School District 6/17/10 The San Dieguito Union High School District has begun construction on the $8.8 mil San Dieguito Academy Performing Arts Center in Encinitas. The project, located at 800 Santa Fe Dr, is a new, 17.1k sf facility that will inc...
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Three Firms Ink Renewals at Carlsbad Office Complex 6/16/10 In recent leasing activity from Carlsbad, three companies have inked renewal deals at Palomar Heights Plaza, an office complex consisting of three two-story buildings at 5860, 5868 and 5876 Owens Ave, north of Palomar Airport...
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HFF Arranges $18 Mil on a Santee Manufactured Housing Community 6/14/10 HFF (Holliday Fenoglio Fowler, L.P.) has arranged $18 mil in financing for The Highlands, a 306-home-site manufactured housing community in Santee. The property is located at 7467 Mission Gorge Rd, close to SR 52, just east o...
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Retail Teams Joins San Diego Office of Grubb & Ellis 6/09/10 Anthony M.Villasenor, Ryan Gonzales and Christopher Belaire have joined the retail team at the San Diego office of Grubb & Ellis, which opened this past March. Villasenor joins as Senior Vice President, Gonzales as Senior As...
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San Diego HQ Campus Hits the Market 6/04/10 A three-building, 45k sf campus property in San Diego’s Old Town area is being offered for sale or lease after its tenant for more than 15 years, Thomas Jefferson School of Law, has elected to relocate downtown at the end of ...
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San Diego County Retail Leasing Review 6/03/10 ENCINITAS -- Big Lots signed an 87-month, $3.2 mil lease for 33.3k sf ($1.10/sf/mo) of space at 333 North El Camino Real. They were repped by Matt Moser of Retail Insite, while the property owner, Encinitas PFA LLC, was repre...
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Pathfinder Hopes to Lead Distressed Real Estate Owners Out of Troubled Waters 5/28/10 Pathfinder Partners LLC, a San Diego-based fund manager that acquires distressed commercial real estate loans and real estate from financial institutions, has launched Pathfinder R3 ™— a new rescue financing program designed ...
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Industrial Tenants Renew 126k sf of San Diego Space 5/25/10 Here’s the scoop on two recent San Diego industrial renewal deals, worth a combined $5.6 mil. The tenants are Avioserv San Diego Inc and BAE Systems San Diego Ship Repair Inc.
In the Miramar area, Avioserv San Diego agreed t...
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The Irvine Company and Sudberry Properties to Move Forward with New CA Housing Projects 5/20/10 Two housing complexes designed by Irvine-based architecture and planning firm MVE & Partners are slated to begin construction shortly, as developers, architects and contractors are finally starting to see opportunities in the...
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Muller Company Closes $41 Mil in Recent Leases at Two Properties 5/19/10 The Muller Company recently locked up nearly 180k sf in new leases and lease renewals at Torrey Pines Court in La Jolla and Main Street Town Center in Santa Ana. The total value of the leases is nearly $41 mil, while the sign...
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San Diego County Supervisors Approve Next Phase of Operations Center in Kearny Mesa 5/14/10 The San Diego County Board of Supervisors has approved the next phase of development by Lowe Enterprises of the County Operations Center and Annex redevelopment in Kearny Mesa. The next phase will add two 150k sf office buil...
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San Diego County Retail Briefs 5/13/10 CHULA VISTA – A private investor paid $1.56 mil for a 10.8k sf ($144/sf) single-tenant building at 410 H St occupied by Union Bank. The tenant has occupied the property since 1974 and the current lease term expires in 2012 wi...
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Rexford Locks Up Additional 24k sf of Deals at Renovated Vista Facility 5/06/10 Rexford Industrial LLC recently inked two leases totaling 24k sf at its newly renovated, 145.5k sf industrial property at 951 Poinsettia Ave, north of San Marcos Blvd and west of the 78 Fwy in the city of Vista. The property ...
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San Diego’s Broadway Lofts is Recapitalized 5/05/10 Broadway Lofts, an 84-unit mixed-use residential and retail property in downtown San Diego, was recapitalized by its joint venture partners, Santa Monica-based Watt Companies and Barrow Street Capital. The venture purchased t...
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Vacant 115k sf San Diego-Area Office Building Leased Up with Two Deals 5/03/10 Two recent signings have taken a 115k sf, four-story office building in Sorrento Mesa from completely vacant to fully leased. Located at 9868 Scranton Rd, north of Mira Mesa Blvd and east of I-805, the structure is part of a ...
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Osmetech Molecular Diagnostics Leases 31k sf of Carlsbad Office/R&D Space 4/30/10 The Campus, a 157.9k sf office/R&D project located at 5962, 5964 and 5966 La Place Ct, just west of El Camino Real and north of Palomar Airport Rd in Carlsbad, has reached 76 percent occupancy with the recent singing of Osmet...
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Nokia Leases 197k sf Office Building at Summit Rancho Bernardo 4/28/10 Nokia closed on a large office lease in San Diego County, inking an agreement for the newly constructed 196.7k sf LEED Gold office tower at Summit Rancho Bernardo. The property is owned by Jay Paul Company and is located at 1...
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San Diego-Area Medical/Office Building Sells 4/26/10 Bonita Professional Plaza, a 45.5k sf medical/office building near Chula Vista, sold for $5 mil, or roughly $110/sf. The building is located at 180 Otay Lakes Rd, east of the intersection of I-805 and the Hwy 54 in Bonita, a ...
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Medical Office Building in Vista Sells 4/23/10 In the latest San Diego-area sales activity, Rady Children’s Hospital purchased a two-story, 28.6k sf medical office building at Ocean Terrace Professional Center. The building is located at 3605 Vista Way, south of Mission R...
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