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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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• Carlsbad Multifamily Property Sells for $4.6 Mil
11/19/10
Tamarack Shores, a 27-unit apartment property In Carlsbad, sold for $4.6 mil ($170k/unit). The property is located at 351-57 Tamarack Ave, west of I-5, just a couple of blocks from the beach.
Tamarack Shores consists of 1...
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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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