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• Draftsmen & Craftsmen
2/11/09
Construction has been completed on University Science Center, a world-class laboratory facility owned by BioMed Realty Trust Inc and located at 3545 John Hopkins Court in the Torrey Pines area of San Diego. Prevost Constructi...
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• Veralliance Properties Completes San Diego Expansion Project for Pharmatek
2/10/09
The tough economy may be forcing businesses in most industries to cut back on their real estate needs, but, apparently, that’s not necessarily the case for the pharmaceutical industry. Or at least that’s the impression one mi...
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• Trigild on the Receiving End of Troubled Properties in the West
2/09/09
Trigild, a San Diego-based distressed property management, loan recovery and real estate receivership specialist, has been appointed receiver for six residential and hospitality projects throughout the West, representing more...
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• San Diego Industrial Vacancy Rate Expected to Stay in Single-Digit Range
2/05/09
Although the San Diego County industrial market is feeling the effects of the slow economy like the rest of the country, it is faring better than other commercial real estate sectors. In fact, the region’s vacancy rate is pro...
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• Spate of Signings Brings New Center in San Diego’s University Area to 80% Leased
2/04/09
A handful of recent leases have brought 54th Street Plaza, a new retail center in San Diego’s University area, to 80% leased. The 10k sf project is located at 5404-5420 El Cajon Blvd, south of I-8 and east of I-15 near San Di...
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• Two San Diego Area Apartment Properties Each Sell for $4.5 Mil
2/03/09
A 14-unit Carlsbad apartment property traded hands in a recent $4.5 mil ($321.4k/unit) transaction. The property, Pirineos Pointe Luxury Townhomes, is located at 2610-2622 Pirineos Way, north of La Costa Ave and east of El Ca...
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• Senn Chemicals Acquires Sorrento Valley Condo Units
2/03/09
In the latest activity at Venture Commerce Center-Sorrento, situated in San Diego’s Sorrento Valley area, two of the project’s condo units totaling 6.8k sf were sold in one transaction as a leased investment. The units are le...
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• Tenant Improvements on New Oceanside Veterans Facility to Begin this Summer
1/30/09
In the latest news out of Ocean Ranch Corporate Center, the big mixed-use business campus in Oceanside, project master developer Stirling Enterprises has retained Smith Consulting Architects to design tenant improvements on b...
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• Sweetwater Village a Sweet Deal for Spring Valley Investor
1/29/09
Sweetwater Village, a 43.4k sf retail center in San Diego’s Spring Valley area, sold for $6.2 mil ($143/sf). The property, located at 3505-3515 Sweetwater Springs Blvd, just off Hwy 94, was sold by a partnership of Westcore P...
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• San Diego Office Market Impacted on All Levels
1/29/09
The San Diego County office of national brokerage firm Cushman & Wakefield has prepared an end-of-year 2008 overview of the region’s office market, with a cautious prognosis for the future. We’ve reprinted the report for you ...
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• New SD Pediatric Clinic Completed
1/28/09
Construction and design work was recently completed on North Park Pediatric Clinic & Development Center, a new medical office building located at 3514 30th St in San Diego’s North Park community. The project, a Family Health ...
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• Recent Deals Leave Liberty Station almost Fully Leased
1/26/09
There have been five new leases signed at Liberty Station Marketplace, the office redevelopment on the former Naval Training Center in San Diego’s Point Loma. The transactions, which combine for 12.2k sf of space and $1.4 mil...
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• Multi-Million Renovation Completed at La Jolla Lab/Office Building
1/23/09
A 93k sf La Jolla lab/office building has undergone a multi-million dollar renovation that was designed by architect Bre’an Fox of Facility Solutions and was handled by general contractor Burger Construction. The two-story bu...
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• San Diego Commercial Real Estate Industry Struggling with Rest of Country
1/22/09
San Diego, long one of the most desirable markets in the United States, has struggled along with most of the country during this economic downturn. As we begin a new year, San Diego faces some significant challenges, which in...
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• Poway Facility is Leased and Sold in $21 Mil Worth of Deals
1/20/09
A 133.1k sf manufacturing/industrial building in Poway was purchased by DEI LLC for $15 mil ($113/sf). The facility, which sits on 2.59 acres at 12400 Stowe Dr, north of Scripps Poway Pkwy and east of Pomerado Rd, was sold by...
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• San Diego Office Property Sells for $246/sf
1/16/09
In a recent San Diego-area sale which suggests that quality, well-located buildings are still in demand despite overall slower investment activity, a 26.8k sf office building in the city’s Morena area traded hands in a transa...
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• Latest Kaiser Check-Up Calls for 31k sf of Space in Rancho Bernardo
1/15/09
While many industries may be contracting these days, the health care business seems pretty much unaffected by the slowing economy. Kaiser Permanente, the largest non-profit health plan provider in the United States, just inke...
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• Challenged Athletes are Winners at San Diego Office Sale Auction
1/09/09
In San Diego’s Sorrento Mesa area, Challenged Athletes Foundation purchased a 14.5k sf office building at 9591 Waples, south of Mira Mesa Blvd and west of Camino Santa Fe, for $1.66 mil ($114/sf). The two-story, Class B build...
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• Upscale San Diego Multifamily Asset Fetches $410k/Unit
1/07/09
Conrad Prebys Trust, out of San Diego, paid $10.25 mil ($410k/unit) for Trilogy on 5th, a bank-owned, 25-unit multifamily community situated adjacent to Balboa Park in San Diego. Built in 2008, the upscale apartment complex ...
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• Essex Trust Closes $20 Mil El Cajon Apartment Sale
12/31/08
Essex Property Trust closed on a $19.75 mil sale of Coral Gardens, a 200-unit ($98.8k/unit) apartment complex in El Cajon. The property is located at 425 East Bradley Ave, north of I-8 and east of the Hwy 67. It is comprised ...
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