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October 15, 2024
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SAN DIEGO NEWS
Archive
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• New San Diego Ronald McDonald Offers a Lot More than Burgers
10/08/09
The new San Diego Ronald McDonald House opened its doors in June, offering a tremendous resource for anyone with a child being treated at a local hospital. The House replaces an older 12-bedroom facility with a 65k sf, 47-bed...
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• 114-Unit Oceanside Apartment Property Listed for Sale
10/07/09
Bethany Summit -- a coastal North San Diego County apartment complex once owned by The Bethany Group, an Irvine-based real estate and investment firm -- has been listed for sale by Trigild, the San Diego-based receivership an...
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• Ad Agency Picks Up Downtown San Diego Building for New HQ
10/05/09
Here’s the scoop on a recent downtown San Diego sale, as advertising agency MeadsDurket purchased a 6k sf building located at 502 10th Ave, west of I-5 and a block south of Market St, for $1.35 mil ($225/sf). Built in 1961, t...
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•  Investor Pays $14 Mil for Ground Floor Retail of New Downtown SD Mixed-Use Project
10/02/09
The 43k sf ground floor retail space leased to Albertson’s grocery store at Market Street Village in downtown San Diego traded hands in a recent investment deal worth $13.8 mil ($321/sf). Located at 655 14th St, west of I-5 o...
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• HFF Arranges $4 Mil Recapitalization on San Diego-Area Mixed-Use Project
9/28/09
The Indianapolis and San Diego offices of HFF (Holliday Fenoglio Fowler, L.P.) have arranged a $4.1 mil recapitalization of Harborview Mixed-Use Development, located at 404 East 8th St in National City, close to I-5 and downt...
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• Construction Completed on New Health Building at San Diego Mesa College
9/28/09
McCarthy Builders has completed construction on the new three-story, 50k sf Allied Health Building at San Diego Mesa College, located at 7250 Mesa College Dr in the Clairemont area of San Diego. Construction of the new $23 m...
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• Reverse Mortgage Company Looks to Reverse Office Leasing Market in Mission Valley
9/25/09
In recent office leasing activity from San Diego’s Mission Valley area, Cypress Insurance Company, a subsidiary of Berkshire Hathaway, signed a five-year, $2.4 mil deal for 20.9k sf ($1.91/sf/mo) of space at Rio Vista Plaza I...
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• Santee School District Gets Modernized
9/24/09
The Santee School district recently completed $23 mil in modernization work at three school campuses in addition to adding three new junior high buildings valued at more than $16 mil. The schools had not received any major mo...
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• Church Buys San Diego Industrial Property for Youth Center
9/23/09
In recent industrial activity in San Diego, The Church Iglesia Del Dios Vivo Columna has acquired a 15.7k sf property for $1.3 mil ($83/sf). The property is comprised of two buildings and three parcels of land and is located ...
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• Jay Paul Company Completes New 197k sf Office Tower in Rancho Bernardo
9/18/09
Summit Rancho Bernardo, a new 196.7k sf Class A office tower developed by Jay Paul Company in San Diego’s Rancho Bernardo area, has just been completed. Located at 16620 West Bernardo Dr, south of Rancho Bernardo Rd and west ...
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• Retail Vacancies in Downtown San Diego Jump 4 Points
9/17/09
A just released report by Cushman & Wakefield’s Urban Property Group shows that since fourth quarter 2008, the retail vacancy rate in downtown San Diego has increased by more than 4 percentage points, from 7 percent to 11.2 p...
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• Homeland Security to Call San Diego High-Rise Home for another Five Years
9/16/09
The U.S. General Services Administration inked a five-year expansion/renewal lease for a total of 44.8k sf of office space at 610 West Ash in downtown San Diego, on behalf of the Department of Homeland Security. The value of ...
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• San Diego Bioscience Campus Sells for $115 Mil
9/10/09
In a major San Diego-area sale, SNH Medical Office Properties Trust acquired a three-building, 170k sf bioscience complex in the Torrey Pines area for $115.6 mil ($680/sf). It is located at 3030-3040-3040 Science Park Rd, jus...
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• Construction Completed on New San Marcos Retail/Residential Project
9/03/09
In recent development news from San Diego County, Ledcor Construction Inc has completed construction for San Elijo Hills Town Center, a new zero-lot-line commercial/residential mixed-use project located within the master-plan...
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• McCarthy Awarded $90 Mil Construction Management Project
9/02/09
McCarthy Building Companies recently landed another big construction management project, having been awarded the assignment for the new 150k sf, four-story Health Sciences Biomedical Research Facility at the University of Cal...
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• New Leases at Kearny Mesa Office Complex Total Over $10 Mil
8/28/09
Recent activity at Spectrum Corporate Plaza in Kearny Mesa includes three leases for a combined 63.5k sf of space at the two-building, 130k sf Class A office complex. The transactions, worth $10.5 mil, were with Epsilon Syste...
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• Barnhart on the Receiving End of 4 Military Awards
8/24/09
San Diego-based Barnhart Inc has been awarded four SoCal military construction contracts worth $35.7 mil within the last 45 days. All four awards were made under existing multiple-award contracts for which Barnhart had previo...
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• Construction Tops Out on First Buildings at San Diego’s County Operations Center
8/18/09
Construction has topped out at the first two 150k sf office buildings of the new County Operations Center in San Diego’s Kearny Mesa area. The two buildings are part of a larger planned redevelopment of the 38-acre site on b...
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•  Investment Group Picks Up 49k sf Carlsbad Office Property
8/13/09
In a recent San Diego-area office buy, a wholly owned subsidiary of Providence Capital Speed Fund L.P. purchased Carlsbad Pacifica, a 49k sf project in Carlsbad. The sale price was not disclosed. The Class A property, locat...
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• Kearny Mesa Mixed-Use Project Acquired by Private Investor for $12 Mil
8/11/09
A private family trust purchased Convoy-Ronson Plaza and Industrial Park in San Diego’s Kearny Mesa area for $12.25 mil. The 104.2k sf ($117.6/sf) mixed-use project was constructed in 1972 on a single 5.98-acre lot and is loc...
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