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ARK Lands Two Additional San Diego Management Assignments 7/01/10 ARK Management has added two San Diego-area properties, totaling more than 100k sf of space, to its third-party management portfolio in May 2010 alone. The new third-party management contracts are for Siempre Viva III in San...
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Buyer Show a Lot of Grace in $6.5 Mil Oceanside Church Buy 6/30/10 Grace International Churches & Ministries Inc acquired a 23k sf church facility at 1602 South El Camino Real, east of I-5 and south of Oceanside Blvd in Oceanside, for $6.5 mil ($283/sf). Built in 2005 on a 15-acre site, the ...
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Stoneridge Capital Partners Closes 46k sf Office Buy in San Diego Area 6/28/10 Stoneridge Capital Partners, out of Newport Beach, has acquired the 46.6k sf Four Governor Park office property in San Diego in an all-cash purchase. The multi-tenant office property is located at 5080 and 5090 Shoreham Place...
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Big Box Takes 55k sf at Big Miramar Warehouse Facility 6/25/10 In a recent Miramar industrial lease, Big Box Storage Inc took 55.2k sf of warehouse space at 7077 Consolidated Way, adjacent to the south side of Miramar Rd and about midway between I-805 and I-15. The five-year deal is valu...
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Qualcomm Acquires Sorrento Mesa Property from Dr. Pepper Snapple Group 6/24/10 Qualcomm ultimately plans to tear down the existing warehouse building on Morehouse Dr and build additional office space to complement the company’s current corporate headquarters located across the street. According to Crabb...
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New Escondido Res Project Marks the Transformation of a Troubled Neighborhood 6/23/10 The Crossings at Escondido, a new 53-unit residential project geared to working families in the Mission Park area of Escondido, is set to break ground. Developed by Urban Housing Communities LLC, the project marks the transf...
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HFF Arranges $40 Mil on Solana Beach Towne Centre 6/22/10 HFF (Holliday Fenoglio Fowler, L.P.) has secured $40 mil in refi money for Solana Beach Towne Centre, a 250k sf, Class “A” retail community shopping center in Solana Beach. The center is located at the southwest corner of Lom...
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Barnhart Kicks Off Work on New Performing Arts Center for San Dieguito Union High School District 6/17/10 The San Dieguito Union High School District has begun construction on the $8.8 mil San Dieguito Academy Performing Arts Center in Encinitas. The project, located at 800 Santa Fe Dr, is a new, 17.1k sf facility that will inc...
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Three Firms Ink Renewals at Carlsbad Office Complex 6/16/10 In recent leasing activity from Carlsbad, three companies have inked renewal deals at Palomar Heights Plaza, an office complex consisting of three two-story buildings at 5860, 5868 and 5876 Owens Ave, north of Palomar Airport...
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HFF Arranges $18 Mil on a Santee Manufactured Housing Community 6/14/10 HFF (Holliday Fenoglio Fowler, L.P.) has arranged $18 mil in financing for The Highlands, a 306-home-site manufactured housing community in Santee. The property is located at 7467 Mission Gorge Rd, close to SR 52, just east o...
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Retail Teams Joins San Diego Office of Grubb & Ellis 6/09/10 Anthony M.Villasenor, Ryan Gonzales and Christopher Belaire have joined the retail team at the San Diego office of Grubb & Ellis, which opened this past March. Villasenor joins as Senior Vice President, Gonzales as Senior As...
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San Diego HQ Campus Hits the Market 6/04/10 A three-building, 45k sf campus property in San Diego’s Old Town area is being offered for sale or lease after its tenant for more than 15 years, Thomas Jefferson School of Law, has elected to relocate downtown at the end of ...
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San Diego County Retail Leasing Review 6/03/10 ENCINITAS -- Big Lots signed an 87-month, $3.2 mil lease for 33.3k sf ($1.10/sf/mo) of space at 333 North El Camino Real. They were repped by Matt Moser of Retail Insite, while the property owner, Encinitas PFA LLC, was repre...
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Pathfinder Hopes to Lead Distressed Real Estate Owners Out of Troubled Waters 5/28/10 Pathfinder Partners LLC, a San Diego-based fund manager that acquires distressed commercial real estate loans and real estate from financial institutions, has launched Pathfinder R3 ™— a new rescue financing program designed ...
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Industrial Tenants Renew 126k sf of San Diego Space 5/25/10 Here’s the scoop on two recent San Diego industrial renewal deals, worth a combined $5.6 mil. The tenants are Avioserv San Diego Inc and BAE Systems San Diego Ship Repair Inc.
In the Miramar area, Avioserv San Diego agreed t...
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The Irvine Company and Sudberry Properties to Move Forward with New CA Housing Projects 5/20/10 Two housing complexes designed by Irvine-based architecture and planning firm MVE & Partners are slated to begin construction shortly, as developers, architects and contractors are finally starting to see opportunities in the...
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Muller Company Closes $41 Mil in Recent Leases at Two Properties 5/19/10 The Muller Company recently locked up nearly 180k sf in new leases and lease renewals at Torrey Pines Court in La Jolla and Main Street Town Center in Santa Ana. The total value of the leases is nearly $41 mil, while the sign...
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San Diego County Supervisors Approve Next Phase of Operations Center in Kearny Mesa 5/14/10 The San Diego County Board of Supervisors has approved the next phase of development by Lowe Enterprises of the County Operations Center and Annex redevelopment in Kearny Mesa. The next phase will add two 150k sf office buil...
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San Diego County Retail Briefs 5/13/10 CHULA VISTA – A private investor paid $1.56 mil for a 10.8k sf ($144/sf) single-tenant building at 410 H St occupied by Union Bank. The tenant has occupied the property since 1974 and the current lease term expires in 2012 wi...
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Rexford Locks Up Additional 24k sf of Deals at Renovated Vista Facility 5/06/10 Rexford Industrial LLC recently inked two leases totaling 24k sf at its newly renovated, 145.5k sf industrial property at 951 Poinsettia Ave, north of San Marcos Blvd and west of the 78 Fwy in the city of Vista. The property ...
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