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• Newly Merged COBRA-PUMA Golf Starts Design Work on Redesigned Carlsbad Facility
1/19/11
Design work is underway on the 56.2k sf office/R&D/industrial facility for COBRA-PUMA Golf in the city of Carlsbad. The two-story, concrete tilt-up building, located at 1818 Aston Ave, is now part of the new COBRA-PUMA Golf c...
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• Increase in Investment Activity Forecast for San Diego Office market in 2011
1/13/11
San Diego’s office market showed positive net absorption for the last four consecutive quarters, posting 372.9k sf just in the fourth quarter of 2010, according to the Fourth Quarter Market Report by Voit Real Estate Services...
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• Fieldstone Group to Move Forward with New SoCal Projects
1/12/11
The Fieldstone Group of Companies closed on four SoCal acquisitions of raw land and developed lots, with plans to break ground on new projects this month. The newly acquired properties are located in Dana Point, Rancho Santa ...
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• Downtown San Diego Office Condo Sells for $176/sf
1/11/11
Socione LLC, an oil distribution company, has purchased a 5.5k sf office condo in Sapphire Tower, a mixed-use building in downtown San Diego’s Columbia District. Socione paid $967.5k ($176/sf) for the unit.
Sapphire tower is...
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• HFF Arranges $60 Mil for New Hilton Resort in Carlsbad
1/07/11
In a big San Diego County financing deal, HFF (Holliday Fenoglio Fowler, L.P.) has arranged a $60 mil construction/permanent loan for the development of the 215-room Hilton Carlsbad Oceanfront Resort & Spa in Carlsbad. HFF’s ...
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• Trio of SoCal Retail Sales Total Over $4 Mil
1/07/11
Jereme Snyder of Colliers International represented the sellers in three recent SoCal retail sales. The transactions had a combined value of $4.23 mil. The sales include the following:
• Commonwealth Sevenlen LLC, a private ...
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• San Diego-Area Financing News
1/06/11
In the latest commercial real estate financing news from San Diego County, CB Richard Ellis Capital Markets arranged a refinancing of Carlsbad Gateway Center, a multi-tenant industrial business park and office building in Car...
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• Worship Center Spends Near $5 Mil on La Mesa Facility
12/29/10
The World of Life Worship Center has acquired a 28k sf church facility on just over three acres in La Mesa for $4.7 mil ($168/sf). The property is located at 8691 Echo Dr, east of Spring St and north of the 94 Fwy. It was sol...
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• HFF Arranges Over $33 Mil in Financing on Diverse Properties in WA and CA
12/23/10
HFF has arranged $21 mil in refi money on Nexus Canyon Park, a 152k sf biotech/laboratory building in Bothell, Washington. The property is located at 21720 23rd Drive SE, less than one mile from Interstate 405 and about 15 mi...
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• San Diego Deal Comps from the Last Month
12/23/10
Here’s a look at a few recent sale and lease comps not yet reported on RENTV from in and around San Diego over the last month. We’ll start off with four sales comps and then move on to three recent leases.
Legal Aid Society ...
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• Del Mar to Offer Custom Built Burgers with New Location for The Counter
12/21/10
YY Burger Company LLC signed a 10-year lease for 2.4k sf of space in San Diego’s Del Mar area to be used as a new location for The Counter Custom Built Burger chain. The space is within Del Mar Highlands Town Center, located ...
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• Kimball, Tirey Takes 32k sf of Mission Valley Office Space
12/20/10
Kimball, Tirey & St. John has signed a lease for 32k sf of Class A office space in San Diego’s Mission Valley area. The company, a full-service legal firm specializing in commercial and residential real estate, agreed to a 10...
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• Pacific Office Properties Renews Two for 129k sf in Sorrento Mesa
12/15/10
Two tenants, The Active Network and DefenseWeb, have inked renewal/expansion leases for a combined 128.7k sf at Seaview Corporate Center in Sorrento Mesa. The 356.5k sf, five-building office and biotechnology complex is owned...
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• El Cajon Retail Center Sells for $18 Mil
12/09/10
Main Street Plaza, a 79.8k sf retail center in El Cajon, was purchased by an investment entity for $17.9 mil ($224/sf). Located at 198 West Main St in the city’s downtown, the center includes tenants such as Ross Dress For Le...
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• Texas Restaurant Two-Steps into La Jolla Retail Space
12/08/10
Eddie V’s, an upscale Texas seafood restaurant, will open its first California restaurant after inking a deal for a new location in La Jolla. The restaurant signed a 10-year lease worth $4.75 mil for 9.4k sf ($4.21/sf/mo) of ...
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• Downtown San Diego Office Property Sells for $111/sf
12/06/10
In a downtown San Diego office buy, a 64.6k sf building traded hands at a price of $7.2 mil ($111/sf). The six-story property, formerly known as the Chicago Title Building, is located at 925 B St, directly south of the inters...
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• McCain Looking Like a Winner in 98… 98k sf of Vista Industrial Space, That Is
12/02/10
McCain Inc leased a 98k sf LEED-certified industrial building located at 2633 Progress St, north of San Marcos Blvd and west of the 78 Fwy in Vista. The 10-year lease is valued at approximately $6.7 mil, which averages out to...
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• Fitness Equipment Company Purchases 10k sf San Diego Retail/Industrial Building
11/30/10
A 9.6k sf retail/industrial property in San Diego sold for $1.955 mil ($204/sf). The property is located at 8063 Balboa Ave, between the 805 and 163 Freeways.
The property was purchased by Mark Goodman of Fitness Direct, w...
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• Northrop Grumman Gets to The Point in Rancho Bernardo
11/30/10
In San Diego’s Rancho Bernardo area, Northrop Grumman Systems Corporation inked a lease for 93.2k sf of office space at The Point, located at 16765 West Bernardo Dr, west of I-15 and south of Rancho Bernardo Rd. The 65-month ...
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• LA Fitness Renews Poway Space
11/29/10
L.A. Fitness International agreed to a long-term renewal for its 40.6k sf gym at Poway Crossings, located at 12648 Poway Rd, east of I-15 in Poway. The 15-year transaction has a total value of $11.5 mil, or roughly $1.57/sf/m...
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