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• Dutch Firm Sparkles after $161 Mil Buy of DiamondView Tower in San Diego
9/17/08
European investors closed on a major downtown San Diego office buy, paying $161 mil for DiamondView Tower, the gleaming 15-story, 305.3k sf high-rise that sits directly behind the right-field fence of Petco Park in the city’s...
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• San Diego’s I-15 Corridor Office Market Well-Positioned to Withstand Economic Slowdown
9/16/08
Here’s a look at San Diego County’s I-15 Corridor office market, one of the few areas in the region enjoying declining vacancies. This article is a summary of a mid-year report from Cushman & Wakefield and was provided to us ...
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• Four Specialty Restaurants Park Themselves at Park at the Park
9/15/08
Flavors of Italy, the Mediterranean, Mexico and Great Britain will soon permeate downtown San Diego’s popular Park at the Park with the much anticipated opening later this year of four new specialty restaurants: Primavera, Ac...
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• Sharp Healthcare Renews Carmel Valley Office Space
9/08/08
This report will take a look at three recent San Diego-area leases, in Carmel Valley, Sorrento Valley and further north, in the city of Carlsbad. We’ll start in Carmel Valley, where Sharp Healthcare, a San Diego-based non-pro...
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• HFF Pulls into Pacific Station with $46.5 Mil in Financing
9/05/08
The San Diego office of HFF (Holliday Fenoglio Fowler L.P.) arranged a construction loan and joint venture equity for the development of Pacific Station, a Whole Foods-anchored mixed-use project in Encinitas. The new project...
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• Cardiff-By-The-Sea Apartment Property Sells for $71 Mil
9/03/08
In what is reportedly the largest multifamily sale in San Diego County so far this year, Property West has purchased the 300-unit Cardiff by the Sea Apartment Homes complex for $71 mil ($236.7k sf). The property is located at...
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• San Diego County Ruffin It With Latest Office Lease
9/03/08
San Diego County’s Health and Human Services Agency inked a lease for all of Ruffin Road Business Plaza, a recently completed, 46k sf office building located at 5055 Ruffin Rd, west of I-15 and north of Balboa Ave in Kearny M...
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• Construction Completed at New Vista Medical Office Project
9/02/08
Construction was just completed at Premier Crossing, a $20 mil medical and professional office park located at the intersection of South Melrose Dr and Sycamore Ave in Vista. The project is situated near to both Scripps Hospi...
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• New Carlsbad Medical Office Project to Break Ground
9/02/08
A new medical office project in Carlsbad is set to break ground after having secured the needed construction financing. The development – Bressi Ranch Medical Plaza – is located at 6221 Metropolitan St and will contain 19.8k ...
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• Draftsmen & Craftsmen
8/29/08
In news of an interesting retail TI job, Prevost Construction just completed a $1.5 mil building conversion and customized tenant improvement project for Jade Theater, a new nightspot located near the Gaslamp Quarter in downt...
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• Initial Building at La Jolla Biotech Project Ready for TI Work
8/28/08
Construction of the first structure at a new biotech/R&D development in La Jolla is nearing completion, as the 58.9k sf building is now ready for tenant improvement work. The structure is the first of two buildings that will ...
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• San Diego-Area Apartment Property Sells for $13.7 Mil
8/27/08
A Long Beach investor paid $13.7 mil for a 112-unit San Diego-area apartment community in a transaction that worked out to $122.3k/unit. The property, Arbor Village, is located at 4900 Logan Ave, south of the 94 Fwy and east ...
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• Investors Pay $25.5 Mil for San Diego Apartment Community
8/26/08
While San Diego-area condo converters have pretty much fallen off the face of the earth, there are still many buyers that see multifamily properties in the region as an attractive investment opportunity. Case in point -- Coll...
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• Carlsbad’s Floral Trade Center Purchased for $20.5 Mil
8/26/08
A Carlsbad property considered to offer one of the best redevelopment opportunities in the area recently sold in a $20.5 mil transaction. The property is the Floral Trade Center, a single-story, 154.4k sf office/distribution ...
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• Windsor Properties Makes $8.5 Mil Discovery in San Marcos
8/22/08
The Discovery Bank Building, a 27.4k sf Class B office property in San Marcos, was purchased by Windsor Properties for $8.5 mil ($310/sf). The two-story building is located on 1.63 acres at 338 Via Vera Cruz, north of San Mar...
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• Equity Office Investing $25 Mil in SoCal Upgrades
8/21/08
For those of you who may have been under the impression that Equity Office ceased to exist after Sam Zell sold it to The Blackstone Group for $39 bil in 2007, think again. The big office owner, which manages 50 msf of space i...
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• BAE Systems Inks $31 Mil Lease at San Diego’s Liberty Station
8/20/08
BAE Systems has pre-leased 80k sf in a new office building currently under construction at Liberty Station in San Diego’s Point Loma area. The 10-year deal has a total value in excess of $31 mil, which divides out to an avera...
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• Rexford Picks Up Vista Industrial Condo Property
8/20/08
SoCal real estate firm Rexford Industrial LLC invested $10.384 mil in the majority of a 19-year-old Vista single-tenant industrial complex that had been repositioned as condo units in 2007 by the current seller. The six-build...
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• Sorrento Mesa Office Building Sells in $25 Mil Deal
8/19/08
Mira Oberlin Plaza, a 77.3k sf office building in San Diego’s Sorrento Mesa area, just traded hands in a $24.9 mil ($322/sf) transaction. The building, which sits on 1.75 acres at 5880 Oberlin Dr, east of I-805 and just south...
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• Blackmore Signs $21 Mil in Deals at Carlsbad Research Center
8/15/08
In recent leasing activity from San Diego County, three deals totaling 130.1k sf were signed in the Carlsbad Research Center for a combined value of $20.7 mil. Owned by The Blackmore Company, Carlsbad Research Center is a 560...
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