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HFF Arranges Nearly $11 Mil on San Diego-Area Retail Center 1/18/10 The Orange County office of HFF (Holliday Fenoglio Fowler, L.P.) has arranged $10.8 mil in refi money for Tierrasanta Town Center, a 126.3k sf Albertson’s and Rite Aid-anchored retail center in San Diego’s Tierrasanta submark...
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San Diego Retail Asset Trades for $165/sf 1/14/10 A 10.9k sf retail center located at 2901-2917 University Ave, in the North Park community of San Diego, has sold for $1.8 mil ($165/sf). The buyer intends to hold the retail center as an investment.
The center, which is conv...
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San Diego Company Inks Lease for 60k sf of Carlsbad Industrial Space 1/13/10 Outsource Manufacturing Inc, a San Diego-based contract manufacturing company, has signed a five-year, $2.05 mil lease for 59.9k sf ($0.57/sf/mo) of industrial space in Carlsbad Research Center. The building is located at 160...
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Davlyn Investments Snags Del Mar Heights Office Property in an REO Sale 1/07/10 In what we’re told is the largest REO sale in San Diego County for all of 2009, Davlyn Investments acquired Hacienda Del Mar, a 66k sf office building in the region’s Del Mar Heights submarket. The building is located at 1262...
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San Diego-Area Multifamily Comps 1/06/10 Here’s a quick look at three recent San Diego-area multifamily sales. Together, the transactions account for 111 units and roughly $10 mil in deal volume.
In the most recent sale, a Nevada City, CA-based investor paid $4.5 m...
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Grant Thornton Signs Long-Term Deal for 10k sf of Carmel Valley Office Space 1/05/10 In a nearby office sale, an 18k sf building in the Kearny Mesa area was purchased by Private Asset Management for $3.43 mil ($191/sf). The building is located at 5348 Carroll Canyon Rd, south of Mira Mesa Blvd and east of I-8...
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Ophthalmology Practice Acquires Two Kearny Mesa Medical Condos 1/04/10 USSA LLC has purchased two medical office condominiums totaling 3.7k sf in San Diego’s Kearny Mesa area. The units are located at 7695 Cardinal Ct, just south of Genesee Ave and east of the 163 Fwy, within Cabrillo Medical Ce...
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Draftsmen & Craftsmen 12/31/09 Construction of FedEx Ground’s new package distribution center in San Diego County was just completed. Scannell Properties of Indianapolis, Indiana is the developer of the project, located at 10132 Airway Dr. Ware Malcomb pro...
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Vietnamese Restaurant Takes Last Space at The Shops at Hillcrest 12/30/09 The Shops at Hillcrest in San Diego now stands at 100 percent leased thanks to a recent 10-year lease by Thanh V. Nguyen and Cynthia Vu, dba Pho Fifth Avenue, for 2.1k sf of space. The property is located at 3807 5th Ave, sou...
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Restaurant Tenant has Rendezvous at Residence Inn Marriott 12/29/09 In a downtown San Diego retail lease, Portola LLC, dba Gaslamp Rendezvous, has signed a 10-year, $1.4 mil deal for 3k sf ($3.89/sf/mo) of ground floor retail space at the new Residence Inn Marriott, located at 551 J St, west ...
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McCarthy Lands Second Major Assignment for San Diego Mesa College 12/23/09 McCarthy Building Companies Inc has been awarded the contract for the construction management of the new 180k sf, four-story Math and Science Building within San Diego Mesa College. The property is located at 7250 Mesa Colleg...
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Recent Activity Brings Trio of San Diego Industrial Projects to Fully Leased 12/18/09 Three industrial projects along central San Diego’s I-15 Corridor now stand at 100 percent leased, thanks to recent leasing activity. Located in Scripps Ranch, Rancho Bernardo and Poway, the three projects total 375.2k sf.
C...
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New San Diego Affordable Housing Project Opens 12/17/09 Los Vientos, a new affordable housing community in San Diego, recently opened to the public. Located at 1668 National Ave, Los Vientos features 89 family units, replacing underutilized industrial parcels. It was developed by...
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200k sf San Diego-Area Lease Should Be a Sign of Mor to Come 12/17/09 Mor Furniture For Less has agreed to a 10-year lease for 199k sf of industrial space in San Diego’s Brown Field Business Park, in what we’ve been told is the largest industrial lease in San Diego County since 2006. The projec...
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Pollack Architecture Wins Best of Year 2009 Award 12/15/09 POLLACK architecture received a “Best of Year 2009” award at a recent event hosted by Interior Design Magazine. POLLACK was recognized for the REEF Inc headquarters project in Carlsbad, which topped the 'Budget' category in t...
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NoCal Investor Closes $16 Mil Oceanside Apartment Buy 12/14/09 Rancho Las Brisas, a 136-unit apartment complex in the northern San Diego County community of Oceanside, sold for $16.1 ml, or $118.4k/unit. Built in 1974, the property is located at 3699 Barnard Dr, north of the 78 Fwy and j...
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Shrinking Employment Level Still Pulling Down San Diego Office Market 12/04/09 With the unemployment rate in San Diego greater than 10 percent and operating incomes falling, more companies have reduced their space demands or shuttered, driving down occupancy levels and rents, according to a fourth-quart...
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Transportation Security Administration Pulls into Liberty Station 12/03/09 In the latest leasing news from the Liberty Station Office District in San Diego, the Transportation Security Administration signed a 10-year lease for 16.6k sf of office space at Building 902. The Transportation Security Adm...
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San Diego-Area Retail Property Signs Three Tenants 11/30/09 Three new tenants -- Ace Hardware, Yogurt Jubilee and Ahi Sushi – inked leases at Alpine Creek Town Center, a 73.6k sf shopping center located at 1347 Tavern Rd, just south of the I-8 and Tavern Rd exit in Alpine. With these ...
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San Diego’s Chancellor Park Remains Popular with Medical/Office Tenants 11/20/09 There were three news leases to report at Chancellor Park, a Class A office and medical park in San Diego’s University Town Center area. The deals combined for 11.8k sf of space and totaled up to $4.2 mil in value.
Chancello...
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