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• San Diego Office Property Fetches $56 Mil
7/07/08
The Janez Group, a San Diego-based real estate developer/owner, acquired Genesee Executive Plaza, a two-building, 159k sf office property on a 3.6-acre site at 9333 and 9339 Genesee Ave in the La Jolla Golden Triangle/ Univer...
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• BeachWalk Leads to Cupcake Love
7/03/08
Two leases with a combined value of $915k were just signed at BeachWalk, a 53.4k sf, two-level retail center located on 437 South Highway 101, midway between Lomas Santa Fe Dr and Via De La Valle in Solana Beach. The property...
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• Biomed Realty Fills 55k sf of Wet Lab Space in Ambit-ious San Diego-Area Lease
7/01/08
In San Diego’s UTC area, the CPA firm of Squar, Milner, Peterson, Miranda & Williamson signed an eight-year, $3.75 mil lease for 11k sf ($3.55/sf/mo) of space at Nobel Executive Center, a six-story, 115.6k sf Class A office b...
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• Capital Markets Expected to Rebound
6/30/08
Cushman & Wakefield’s San Diego Real Estate Finance Group has put together a review of the current state of the capital markets, which suggests that things will rebound. They say, however, regaining confidence in the market i...
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• Latest Rancho Bernardo Deal is a Paradigm of Leasing Activity in the Area
6/24/08
Also in Sorrento Mesa, JGD & Associates, a San Diego-based CPA firm, signed a 93-month, $2.3 mil lease for 8k sf ($3.09/sf/mo) of office space at Sorrento Towers North, located at 5355 Mira Sorrento Pl, north of Mira Mesa Blv...
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• Rockefeller Group Awarded Development Assignment for VA Outpatient Clinic
6/23/08
Development of a new medical outpatient clinic for the Veterans Health Administration was awarded to Rockefeller Group Development Corporation (RGDC), through its regional office in Irvine. The new medical clinic, which will ...
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• Golden Gourmet Mushrooms to Grow in Oceanside after New Seven-Year Lease
6/19/08
In a recent Oceanside industrial lease comp, Golden Gourmet Mushrooms agreed to a seven-year, $950k deal for 15.2k sf ($0.74/sf/mo) of space at 4039 Calle Platino, north of Oceanside Blvd and west of College Blvd. Built in 19...
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• CBRE Capital Markets’ Portland Office Arranges $62 Mil on San Diego Center
6/18/08
The Portland office of CBRE Capital Markets was involved in a large SoCal financing transaction, as the office, in conjunction with the company’s San Diego office, arranged a $62.5 mil permanent loan on 4S Commons Town Center...
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• San Diego-Area Apartment Portfolio Sells for $31.5 Mil
6/17/08
A three-property, 211-unit portfolio of San Diego-area apartment communities recently traded hands in a $31.46 mil transaction with an average price of $149k/unit. The assets were purchased by Klingbeil Capital Management, a ...
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• Pacific Realty Advisors Snags El Cajon Multifamily Redevelopment Asset
6/13/08
San Diego-based Pacific Realty Advisors is about to get to work on another major project in the region, after having paid $5.8 mil for Pacific Mollison, a seven-building, 68-unit ($85.3k/unit) apartment complex located at 520...
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• GE Real Estate Walks Off $55 Mil in Chula Vista
6/12/08
GE Real Estate provided a $55 mil loan to Sudberry Properties to refinance its existing debt on Village Walk at EastLake, a recently completed 156.6k sf retail community center located in Chula Vista. Sudberry constructed the...
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• Walls Tilted at Windy Point in San Marcos
6/11/08
The walls have been tilted at Windy Point Corporate Center, a new build-to-suit project in San Marcos being developed for the University of St. Augustine, a graduate physical therapy school with existing campuses in Florida a...
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• Corky McMillin Gives Us Liberty in the Pursuit of Office Space
6/10/08
The Corky McMillin Companies recently broke ground on a 104.4k sf Class A office building in the 360-acre Liberty Station mixed-use development. The three-story structure is designed to achieve a Leadership in Energy and Envi...
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• Champion Out-Foxes the Competition for Historic Building Renovation Award
6/10/08
Champion Real Estate Group, the LA-based development firm led by Robert Champion, has received the 2008 People In Preservation Award from Save Our Heritage Organisation (SOHO) for Best Renovation of an Historic Commercial Bui...
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• Morris & Sullivan Takes 16k sf of Space in Sorrento Mesa
6/09/08
In a recent office lease from Sorrento Mesa, the law firm of Morris & Sullivan LLP inked a 10-year, $5.8 mil deal for 15.8k sf ($3.06/sf/mo) of office space at Monarch Corporate Center, located at 9915 Mira Mesa Blvd, on the ...
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• New RENTV Executive Report: San Diego Hot Transactions
6/06/08
RENTV’s latest executive report is a compilation of closed office, industrial and retail sale and lease comps from San Diego County over the past 12 months. The report, which is over 40 pages long, is a terrific source of inf...
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• PacVentures Spends $12 Mil on San Diego Law School Campus
6/06/08
In this report we’ll cover five recent sales comps for recent office, industrial and land transactions in and around San Diego. The deal prices range from a high of $12 mil to a low of about $4 mil.
In an El Cajon deal, a ve...
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• Road to Class A Space in Kearny Mesa is Through Sunroad
6/05/08
Construction of a new 275k sf, Class A office tower in San Diego’s Kearny Mesa area is complete and leasing efforts are well underway. The building, Sunroad Centrum 1, is located on Spectrum Center Blvd midway between Clairem...
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• City of Santee Opposes Latest Prison Sentence
6/04/08
Undoubtedly, many commercial real estate execs can share stories of great frustration in dealing with local city or county agencies in trying to reach an agreement to move forward with a new project. So, imagine the challenge...
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• Owner/Users Snap up Oceanside Medical/Office Condos
6/04/08
Sales at a recently completed medical and office condo project in Oceanside indicate that there continues to be significant demand for well-located developments of this type throughout much of San Diego County. In the most re...
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