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Caterpillar Division Renews Lease at 110k sf Tijuana Facility 6/19/09 We’ve got another sizable Tijuana industrial deal to report, as Turbo Technologia de Reparaciones renewed its lease for a 110k sf building located at #8 Tijuana Industrial. The five-year transaction is valued in excess of $3 ...
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Ascent Climbs into New Liberty Station Office Space 6/17/09 We’ve got a pair of recent $1 mil, San Diego-area office comps to report. One of the transactions occurred in Sorrento Mesa, while the other took place at the former Naval Training Center site in Point Loma, just west of down...
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Chuck Jones Gallery Takes 2.3k sf of Retail Space in San Diego’s Gaslamp Quarter 6/16/09 Downtown San Diego continues to generate interest from retailers, despite the general slowdown in retail sales and increasing retail vacancies in most markets. As an example, Chuck Jones Gallery signed a five-year, $573.4k le...
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Normal San Diego Multifamily Property Sells for $99k/Unit 6/15/09 In a recent San Diego multifamily sales comp, an 18-unit community located at 4740 Wilson Ave sold for $1.59 mil ($88.3k/unit). The property, Wilson Avenue Apartments, is located just north of Adams Ave between I-805 and the ...
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HFF Arranges $22 Mil on Pair of San Diego Office Properties 6/11/09 HFF (Holliday Fenoglio Fowler, L.P.) has secured $22.5 mil in non-recourse financing for Torrey Reserve North Court I and II, two Class A office properties located in the Del Mar Heights submarket of San Diego. The property i...
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Kearny Mesa Office Project Scheduled for Completion in November 2009 6/10/09 Aero Court, a 20.3k sf, two-story Class A office building under construction in the Kearny Mesa area of San Diego is now 75 percent complete and on-track for delivery in November. Located at 3540 Aero Ct, south of Aero Dr an...
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Scripps Ranch Retail Center Re-Opens after $4 Mil Renovation Program 6/09/09 A 70.7k sf shopping center in San Diego’s Scripps Ranch area has been re-opened to the public after having undergone a $4 mil renovation program. The property, called SR Ranch Shopping Center, is owned by Coast Income Propert...
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eBioscience Corp Leases Torrey Pines Facility 6/09/09 eBioscience Corporation, a leading global provider of innovative high quality research reagents, has signed a long-term lease to occupy the entire 49.3k sf, two-story office building at 10240 Science Center Dr in San Diego’s ...
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Barnhart Recruited by the Navy 6/08/09 San Diego-based Barnhart Inc was awarded a $23 mil task order from the U.S. Navy for the construction of buildings and facilities upgrades to Berth Lima at Naval Base Coronado. The upgrades are being made to accommodate plan...
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94-Unit San Diego Apartment Complex Sells for $11.6 Mil 6/05/09 A 94-unit San Diego apartment complex called Village Green was purchased by Wakeland Housing and Development Corporation for $11.58 mil ($123.2k/unit). The property is located at 4140-4150 Bonillo Dr, approximately two miles ...
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Investors Spend $6 Mil on Scripps Ranch and Sorrento Mesa Properties 6/04/09 A 24.3k sf industrial/flex building in the Scripps Ranch area sold for $3.8 mil ($156/sf). The freestanding building is located at 9885 Carroll Canyon Rd, north of Pomerado Rd on the east side of I-15. It includes 5k sf of of...
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Scripps Ranch Industrial/Flex Building Sells for $156/sf 6/03/09 Stronghold Canyon Development LLC purchased a 24.3k sf industrial/flex building in Scripps Ranch for $3.8 mil ($156/sf). Located at 9885 Carroll Canyon Rd, north of Pomerado Rd on the east side of I-15, the free-standing buil...
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Deloitte Inks Long-Term Lease for 30k sf in Downtown San Diego 6/01/09 Deloitte LLP, the big financial consulting firm, inked a 10-year lease for 30k sf of office space at Advanced Equities Plaza in downtown San Diego. The value of the lease was not disclosed.
Deloitte will occupy the entire se...
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Barnhart Completes $9 Mil Poway Renovation Project 5/28/09 A $9.2 mil renovation of Rolling Hills Elementary School in Poway was just completed, on behalf of the Poway Unified School District. NTD Architecture was the lead design firm, while Barnhart Inc was the general contractor. ...
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New Carlsbad Retail Center Gets Underway 5/27/09 Construction is underway on a new 75k sf, two-story retail center in Carlsbad that promises residents in San Diego’s North County area a mix of desirable restaurants and shopping choices. Called Paseo Carlsbad, the project is...
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Pacific Business Centers Opens New Location in Carlsbad 5/27/09 Pacific Business Centers (PBC) inked a new 11-year lease agreement with Newport National Corporation to open a brand new office business center this summer at Ventana Real, a Class A office project in Carlsbad.
Ventana Re...
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Carl Zeiss’ Vision for New Regional HQ is Achieved 5/26/09 Tenant improvement work on a new 33k sf regional headquarters for Carl Zeiss Vision Americas Pacific was just completed. The space is in the Scripps Summit building at 12121 Scripps Summit Dr, east of I-15 and north of Scripp...
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Thermo Fisher Scientific Inks Renewal for 100k sf of Sorrento 5/22/09 Here's an update on a recent San Diego-area industrial lease, as Thermo Fisher Scientific Inc, a provider of analytical instruments and laboratory equipment, has signed a 60-month, $4.26 mil renewal for 102.2k sf ($0.69/sf/mo...
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Recent Deals Bring The Aventine to 85% Leased 5/21/09 Although many office properties are having a tough time keeping their vacancies down these days, one SoCal office property that is continuing to enjoy strong leasing activity is The Aventine, a 217k sf Class A building locate...
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Procopio, Cory Inks 8-Year Renewal/Expansion Deal in Carlsbad 5/18/09 Procopio, Cory, Hargreaves & Savitch LLP, a San Diego-based law firm, has signed a 96-month, $2.72 mil renewal/expansion lease for 11.6k sf ($2.44/sf/mo) of office space at Cornerstone Corporate Centre in Carlsbad. The proper...
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