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May 22, 2024
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SAN DIEGO NEWS
Archive
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• La Mesa Apartment Properties Fetch $53 Mil
11/07/08
A 406-unit La Mesa apartment portfolio traded hands in a $53.4 mil ($131.5k/unit) sale. The acquisition, known as the Baltimore Portfolio, consists of four low-density properties located at 5353, 5401, 5405 and 5445 Baltimore...
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• La Mesa Medical Office Property to Become a Sharp-Dressed Building
11/05/08
And in the Torrey Hills area, the firm of Rudolph & Sletten inked a three-year, $1.8 mil renewal for 13k sf ($3.85/sf/mo) of space at Pacific Plaza at Torrey Hills, a 220k sf Class A office property at 10955 Vista Sorrento Pk...
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• Hip New Eatery Opens in Downtown San Diego
11/03/08
Downtown San Diego continues to attract hip new eateries, as retail businesses still see plenty of opportunity in this desirable live/work/play area, situated in the heart of California’s southernmost major city. In the lates...
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• City of Oceanside Approves Medical Office Project
10/31/08
LW Properties LLC of San Diego has received development approvals from the City of Oceanside to build 11 free-standing office buildings in a medical complex to be called the Pacific Coast Medical Center. The members of the O...
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• Vista Apartment Asset Fetches $70 Mil
10/30/08
The property was purchased by three R&V Management sponsored partnerships, Hillcrest Montecito LP, VLD Bonnie Brae LP and Vista Bella Terra LP. R&V Management is a San Diego-based investment company that controls more than 5...
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• ConAm Group Acquires Oceanside Res Development Property for $30 Mil
10/29/08
San Diego-based ConAm Group of Companies acquired a partially developed 14.4-acre Oceanside property from the Orange County division of K. Hovnanian Homes for $30 mil. The purchase includes 221 multifamily residential units w...
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• Ware Malcomb Revved Up Over Latest Renovation Project
10/29/08
Construction has begun for the renovation of Ferrari of San Diego, an upscale auto dealership located at 7514 Girard Ave in La Jolla. The San Diego office of Ware Malcomb is providing architectural and interior design servic...
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• Bridgepoint Education Takes 250k sf in Kearny Mesa Office Deal
10/28/08
In one of the larger San Diego-area office leases in some time, Bridgepoint Education inked an 11-year lease for 250k sf of space at Sunroad Centrum I, a new 273.5k sf office building at 8620 Spectrum Center Blvd in Kearny Me...
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• San Diego Industrial Rents Up Slightly
10/27/08
According to third quarter 2008 figures just released by Grubb & Ellis/BRE commercial, San Diego’s industrial market revealed some positive signs, despite the softening of the national economy and the slowdown in the real est...
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• Third Sabre Springs Office Building Awarded Silver LEED Certification
10/27/08
Kilroy Realty Corporation's recently completed third, and final, building at its Sabre Springs Class-A multi-tenant office campus, is San Diego's first Silver LEED-certified core and shell building. The prestigious Silver Cer...
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• Scripps Health Gets New Carlsbad Offices
10/24/08
October 24, 2008 – Scripps Health Gets New Carlsbad Offices H.G. Fenton builds 40k sf medical office project for health organization Scripps Health has a new home in Carlsbad, following the completion and grand opening of Sc...
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• Spicy Pickle and 7-Eleven Add Downtown San Diego Locations
10/23/08
In this report we’ll update you on three recent retail comps from San Diego. Two of the transactions are leases from downtown San Diego, while the other is a sale in University Town Center. And in San Diego’s University Town...
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• KPFF Engineers Expansion/Renewal Deal in Mission Valley
10/23/08
For those office property owners, brokers and tenants out there who like to keep up on the latest closed leases from around San Diego, we’ve got an update on two recent, smaller comps from the region, in the city’s Mission Va...
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• San Diego Office Lease Comps from Downtown and Sorrento Mesa
10/16/08
In the latest office leasing news from San Diego, Inter@ctivate Inc, an integrated marketing company, signed a five-year, $1.44 mil lease renewal for 9.1k sf ($2.64/sf/mo) of space at Washington Mutual Tower, located downtown...
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• East San Diego County Retail/Medical Office Property Offered for Sale
10/15/08
Alpine Regional Center, a two-story retail and medical office building in the East San Diego County town of Alpine, is being marketed for sale with an asking price of $13 mil, or roughly $275/sf. Located at 1620 Alpine Blvd, ...
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• Qualcomm Spends $172 Mil on Sorrento Mesa Office Complex
10/14/08
Qualcomm, the NASDAQ-traded wireless communications firm, has taken greater control of its real estate needs by acquiring the three-building Pacific Center office complex, containing about 535k sf of space, in Sorrento Mesa i...
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• Vista Medical Office Property Fetches $16.6 Mil
10/13/08
Vista Medical Plaza, a 45.7k sf medical office property at 2067 W. Vista Way, east of College Blvd and adjacent to the north side of the 78 Fwy, traded hands in a recent $16.6 mil ($363/sf) transaction. The property was fully...
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• Downtown San Diego Retail Market Remains Strong
10/10/08
Here is an informative overview of the retail market in downtown San Diego, which remains very strong, despite the struggling economy and the slowdown in consumer spending. This report was provided to us by Cushman & Wakefiel...
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• New Kearny Mesa Project is San Diego’s First Spec LEED-Certified Office Tower
10/08/08
Sunroad Centrum I, a 275k sf Class A office tower located in Kearny Mesa, has officially achieved LEED certification, as determined by the U.S. Green Building Council. Developed by Sunroad Enterprises, the 11-story building h...
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• State of California Takes Ground Floor Space in New El Cajon Project
10/06/08
The State of California inked a notable office space in the northern SD County town of El Cajon, taking 12.6k sf of ground floor space at RSD Hilton Head, a two-story, 58.6k sf office building located at 1530 Hilton Head Rd. ...
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