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• San Diego-Area Office Building Sells for $273/sf
2/24/10
In a recent San Diego office buy, an investor purchased a 12.8k sf two-story office building located at 10803 Thornmint Rd, north of Camino del Norte and east of Camino San Bernardo in the 4S Ranch community, for $3.5 mil ($2...
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• DEXUS Rings Up $20 Mil from Carlsbad and Vista Sales
2/19/10
Solatube has used the building, constructed in 1999 on 3.4 acres, as its corporate headquarters. The company plans to improve the building to consolidate offices from other facilities. Solatube is one of the world’s leading m...
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• Investec Closes $21 Mil Chula Vista Retail Buy
2/04/10
In a notable San Diego-area retail buy, Investec has acquired The Plaza at Sunbow, a 100k sf shopping center in Chula Vista, for $21 mil ($210/sf). Located at 659 E. Palomar St, east of I-805 and north of Olympic Pkwy, The P...
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• Retail Leasing is Fresh & Easy in Oceanside
2/03/10
Fresh & Easy Neighborhood Market has inked a deal for a new 13.9k sf store at the former Armstrong Garden Center site in Del Oro Marketplace, located at 4131 Oceanside Blvd, just west of College Blvd in Oceanside. The 15-year...
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• 23-Unit San Diego Apartment Property Sells for $79k/Unit
2/02/10
In a recent San Diego-area multifamily buy, Crown Acquisitions has acquired the Las Brisas Apartments, a 23-unit complex located at 811-831 South 47th St, just north of Logan Ave and east of I-805. The property sold for $1.81...
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• San Diego Tower Wins TOBY Award for Best Renovated Building
2/01/10
Downtown San Diego’s Bank of America Tower, located at 450 B St, was awarded The Office Building of the Year (TOBY) Award under the Renovated Building category in late December 2009. The prestigious TOBY competition is held ...
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• New Office/Retail Project Gets Underway in San Diego’s Point Loma Area
1/29/10
Construction has begun on a new two-story, 24k sf office and retail building in the Point Loma area of San Diego, along the San Diego Bay. The building, located at 5055 N. Harbor Dr, at the corner of Scott St, is designed to ...
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• San Diego Industrial Market Looking at a Better Year in 2010
1/25/10
A just released report shows that the San Diego County industrial market is positioned for a better year in 2010. The report, produced by leading real estate services firm Cushman & Wakefield, says that tenants that previousl...
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• Draftsmen & Craftsmen
1/21/10
Barnhart Inc has been awarded the contract to provide construction management services on the $15 mil North City Campus Education Building for the San Diego Community College District (SDCCD). Set to begin construction in th...
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• Two SoCal Apartment Sales Total Up to $14 Mil
1/20/10
Windsong Villas, a 67-unit apartment complex in Escondido, sold for $7.7 mil ($114.9k/unit). The property is located at 1202-1214 North Broadway, east of I-15 and north of Lincoln Pkwy in San Diego.
Steve Huffman and Allen ...
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• HFF Arranges Nearly $11 Mil on San Diego-Area Retail Center
1/18/10
The Orange County office of HFF (Holliday Fenoglio Fowler, L.P.) has arranged $10.8 mil in refi money for Tierrasanta Town Center, a 126.3k sf Albertson’s and Rite Aid-anchored retail center in San Diego’s Tierrasanta submark...
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• San Diego Retail Asset Trades for $165/sf
1/14/10
A 10.9k sf retail center located at 2901-2917 University Ave, in the North Park community of San Diego, has sold for $1.8 mil ($165/sf). The buyer intends to hold the retail center as an investment.
The center, which is conv...
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• San Diego Company Inks Lease for 60k sf of Carlsbad Industrial Space
1/13/10
Outsource Manufacturing Inc, a San Diego-based contract manufacturing company, has signed a five-year, $2.05 mil lease for 59.9k sf ($0.57/sf/mo) of industrial space in Carlsbad Research Center. The building is located at 160...
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• Davlyn Investments Snags Del Mar Heights Office Property in an REO Sale
1/07/10
In what we’re told is the largest REO sale in San Diego County for all of 2009, Davlyn Investments acquired Hacienda Del Mar, a 66k sf office building in the region’s Del Mar Heights submarket. The building is located at 1262...
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• San Diego-Area Multifamily Comps
1/06/10
Here’s a quick look at three recent San Diego-area multifamily sales. Together, the transactions account for 111 units and roughly $10 mil in deal volume.
In the most recent sale, a Nevada City, CA-based investor paid $4.5 m...
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• Grant Thornton Signs Long-Term Deal for 10k sf of Carmel Valley Office Space
1/05/10
In a nearby office sale, an 18k sf building in the Kearny Mesa area was purchased by Private Asset Management for $3.43 mil ($191/sf). The building is located at 5348 Carroll Canyon Rd, south of Mira Mesa Blvd and east of I-8...
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• Ophthalmology Practice Acquires Two Kearny Mesa Medical Condos
1/04/10
USSA LLC has purchased two medical office condominiums totaling 3.7k sf in San Diego’s Kearny Mesa area. The units are located at 7695 Cardinal Ct, just south of Genesee Ave and east of the 163 Fwy, within Cabrillo Medical Ce...
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• Draftsmen & Craftsmen
12/31/09
Construction of FedEx Ground’s new package distribution center in San Diego County was just completed. Scannell Properties of Indianapolis, Indiana is the developer of the project, located at 10132 Airway Dr. Ware Malcomb pro...
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• Vietnamese Restaurant Takes Last Space at The Shops at Hillcrest
12/30/09
The Shops at Hillcrest in San Diego now stands at 100 percent leased thanks to a recent 10-year lease by Thanh V. Nguyen and Cynthia Vu, dba Pho Fifth Avenue, for 2.1k sf of space. The property is located at 3807 5th Ave, sou...
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• Restaurant Tenant has Rendezvous at Residence Inn Marriott
12/29/09
In a downtown San Diego retail lease, Portola LLC, dba Gaslamp Rendezvous, has signed a 10-year, $1.4 mil deal for 3k sf ($3.89/sf/mo) of ground floor retail space at the new Residence Inn Marriott, located at 551 J St, west ...
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