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• Owner-Users Swoop Down on GreyHawk Buildings
12/19/07
A new Carlsbad industrial/R&D development is enjoying continued interest from owner-users in the area, as two more buildings just traded hands, bringing the total number sold to 12 out the 28-building complex. The project, Gr...
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• Cushman & Wakefield to Acquire Burnham Real Estate
12/18/07
Cushman & Wakefield, reportedly the world’s largest privately held commercial real estate services firm, has reached an agreement to acquire Burnham Real Estate, which has operated as San Diego’s largest, independent commerci...
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• Medical/Office Condo Buyers in Santee can Enjoy RiverView
12/18/07
Ryan Companies just completed a six-building, 63.5k sf medical/office project, which represents phase II of RiverView at Santee, a 108-acre master-planned business park. Upon full build-out, the campus is expected to contain ...
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• Kilroy has a Pardee with 23-Acre Development Site in Del Mar Heights
12/14/07
A 23-acre site in San Diego’s Del Mar Heights submarket, said to be the last developable parcel of land in the area, was acquired by Kilroy Realty Corp for $87.9 mil ($87/sf). It was sold by Pardee Homes, the LA-based home bu...
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• Classy New Class A project in Rancho San Diego Nearing Completion
12/13/07
A cool, new office project with a smart, Craftsman-style design will soon be coming online in the Rancho San Diego area, near El Cajon. The project, a 43k sf Class A facility called RSD Hilton Head, will offer space for lease...
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• Genesis Building Up North County Health
12/12/07
The Genesis L.A. Real Estate Fund, managed by Shamrock Capital Advisors, and San Diego-based Paladin Real Estate Group are set to break ground this month on a 25.7k sf office condominium complex in Oceanside, which will inclu...
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• StarPoint Embarks on $100 Mil San Diego Apartment Investment Program
12/11/07
Now that its been a couple of years since the once-insatiable demand for apartment properties in San Diego by condo converters has pretty much disappeared, investment activity and pricing for apartments has settled down notic...
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• $14 Mil Sorrento Mesa Lease is Simply Fabless
12/06/07
Entropic Communications Inc, a fabless semiconductor company, has elected to relocate its corporate HQ within Sorrento Mesa, after agreeing to a long-term lease for an entire 90k sf R&D facility at 6290 Sequence Dr, north of ...
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• Microbrewery Signs at San Diego’s Colonel Fletcher Building
12/05/07
Beer lovers will soon have reason to stop by the Colonel Fletcher Building in downtown San Diego now that HB Beer Company signed a lease to open a microbrewery and restaurant, called San Diego Beer Company, in the entire 6.8k...
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• Mintz Levin Inks Lease for 39k sf of New Space in Torrey Hills
12/03/07
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, an AmLaw 100 law firm with offices in the US and the UK, recently boosted its presence in Southern California with the signing of a lease for 39.9k sf of space in San Diego’s Tor...
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• Palomar Community College Acquires 83-Acre Fallbrook Site
11/29/07
Here’s news of a large land buy in the Fallbrook area in northern San Diego County, as Palomar Community College acquired an 83.61-acre site adjacent to the I-15 and SR-76 junction for $38.24 mil ($10.50/sf). The property wa...
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• Poway is the Right Way for New Hotel Investment
11/27/07
Demand for hotels throughout Southern California continues to be very strong. In a very recent investment/development deal, Somera Capital Management LLC acquired the existing 2.9-acre Hampton Inn & Suites development in Powa...
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• Vons Opens New San Diego Store per $25 Mil Lease
11/16/07
Vons has moved into its new 55.4k sf grocery store at Liberty Station Marketplace, located northwest of downtown San Diego at 2535 and 2495 Truxtun Rd, pursuant to a recent 20-year lease it signed worth about $25 mil ($1.88/s...
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• Retail in Downtown San Diego Experiences Negative Absorption
11/13/07
Reversing years of positive absorption for the area, downtown San Diego’s retail market experienced 88.5k sf of negative absorption over the past year. According to a just-released report by Burnham Urban Retail Group, the in...
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• Vista Seller Turns Over a New LEAFS in $28 Mil Deal
11/13/07
A 120.2k sf building at 2985 Scott St, within the Oak Ridge Corporate Centre in the city of Vista, was purchased by LEAFS Investments for $28 mil ($233/sf). The new tenant of this high-image, single-tenant manufacturing/R&D f...
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• Investors Coast into Kearny Mesa Medical Office Building
11/12/07
Coast Medical Center, a 38k sf four-story multi-tenant medical office building in San Diego’s Kearny Mesa area, was acquired by an investment partnership for $8.6 mil ($226/sf). The wood frame and stucco building, located at ...
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• New 333k sf Otay Mesa Project Sells for $30 Mil
11/08/07
A BlackRock-advised investor has acquired Three Piper Ranch, a two-building, 333k sf Class-A office/warehouse project in Otay Mesa for $30 mil ($90/sf). The buildings, which were developed and sold by Newport Beach-based Mast...
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• New Medical Office Project in Vista gets Underway
11/07/07
Construction of Premier Crossing, a $20 mil medical and professional office park being built at the corner of South Melrose Drive and Sycamore Ave in Vista, just got underway after a groundbreaking ceremony that included a nu...
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• Jamison Builds SD Portfolio with The Timbers
11/06/07
Jamison Services Inc, the acquisition-hungry, LA-based office owner, recently acquired The Timbers, a three-story, 47.5k sf Class A office property on 1.88 acres at 445 Marine View Ave in Solana Beach in a deal that marks the...
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• 24 Hour Fitness Works Out $11.5 Mil Lease for New Vista Facility
11/05/07
24 Hour Fitness USA Inc will be adding a new location in Vista, after signing a 15-year lease for 35k sf of space at Sycamore Terrace Shopping Center. The center, a development of Western Skies Blue River Associates, is locat...
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