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Novartis Takes 12k sf of Office Space in Sorrento Mesa 5/04/09 Novartis Pharmaceuticals Corporation leased 12.4k sf of office space in San Diego’s Sorrento Mesa area, after agreeing to a five-year, $1.9 mil ($2.55/sf/mo) deal at 9330 Scranton Rd. The building is part of Sorrento South Co...
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San Diego Office of Lee & Associates Grows with Addition of Five New Hires 5/01/09 The San Diego office of Lee & Associates has added five new brokers to its roster. They are: Steve Malley, a former Vice President and Managing Director of Sperry Van Ness, who joins the firm as a Principal; Mary Kay Bier and...
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Santana-Inspired Restaurant to Open in Mission Valley 4/30/09 Maria Maria, an exciting new restaurant creation from a business collaboration that includes legendary rock figure Carlos Santana, has taken over the space formerly occupied by Prego Ristorante at Hazard Center in San Diego’s...
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Profinity Properties Offers a Different Approach to Property Management 4/29/09 Profinity Properties is a newly created San Diego County-based property management company that has taken a somewhat different approach to management which includes utilizing a proprietary software program the company has dev...
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Delphi Renews 92k sf Tijuana Facility 4/28/09 In an newsworthy deal from south of the border, Delphi Connection Systems renewed its lease for a 92k sf industrial building located in Tijuana, Mexico. The three-year transaction is valued in excess of $1.3 mil ($0.39/sf/mo)...
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Office Tenants Remain in Control in San Diego 4/28/09 The San Diego County office market remains a tenants’ market with rising vacancy and declining rents, according to a just released first quarter 2009 report from Cushman & Wakefield (C&W).
According to the study, first quart...
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Newly Formed Property Management Firm Promises PEAK Performance 4/27/09 A newly formed property management firm is already making its mark with multifamily property owners in the San Diego area. The company, PEAK Real Estate Management Group, has an arrangement with Hoban Property Management Comp...
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It’s Prime Time for Big San Diego Apartment Buys 4/24/09 In news that bodes well for San Diego’s multifamily market, two institution-quality apartment properties in Oceanside were recently acquired by The Prime Group, a private San Francisco-based real estate investment company, in...
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San Diego Apartment Prices Showing Signs of Stabilizing 4/23/09 Average annual selling prices for apartment properties in San Diego County showed signs of stabilizing in 2008, even as big out-of-area institutional buyers shied away from the largest and most expensive in the region. That’s...
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Creative Shared Space Users Swarming to theHIVE 4/22/09 Communal office space for creative entrepreneurial types who thrive on collaborative networking and up-to-the-second technology is the vision behind "theHIVE", a new concept in shared office space introduced recently by San D...
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C&W’s Urban Property Group Has Played a Major Role in the Transformation of Downtown San Diego 4/20/09 Retail spending may be off dramatically in most parts of the country, but it might not be that obvious in downtown San Diego, where the Urban Property Group of Cushman & Wakefield has closed over $500 mil in retail sales and ...
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Just Your Typical $1,450/sf Office Listing 4/17/09 Investors looking for an attractive, San Diego-area office property in the $4 mil range might want to check out this new listing from Grubb & Ellis|BRE Commercial, one of the most active brokerage firms throughout the County....
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San Diego Apartment Investor Gets Some Manors 4/16/09 A 35-unit San Diego-area apartment complex called Point Loma Manor traded hands in a recent $4 mil ($114.3k/unit) deal that was financed through the assumption of an existing $2.7 mil loan. The property is located 2777 Nimitz...
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McLarand Vasquez Emsiek & Partners Standing Proud with Four Pillars 4/15/09 The California-based architecture and planning firm, McLarand Vasquez Emsiek & Partners (MVE), was just honored with four major awards—recognizing three separate projects—at the National Association of Homebuilders’ (NAHB) 18...
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New 98k sf Office Building in Scripps Ranch Completed 4/15/09 Construction just wrapped up on Abrams Westview Plaza, a new, 98.5k sf office building situated on six acres on the east side of I-15 in the Scripps Ranch area of San Diego. The project, a development of Clem Abrams, was desi...
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Whether You Want to go to Bootcamp or to Dress for the Nines, Uptown is the Place 4/14/09 Recent signings by Barry’s Bootcamp and Dress for the Nines have brought the retail portion of the Uptown District Shopping Center, located at 940-1092 University Ave in San Diego, to 100 percent leased. Located in the Hillcr...
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CBRE Arranges Financing for 52-Unit El Cajon Apartment Property 4/13/09 CBRE Debt and Equity Financing arranged the placement of a $2.05 mil permanent financing loan on Broadway II, a 52-unit, 38.6k sf apartment complex at 849 North 3rd St, south of Broadway and northwest of I-8 in El Cajon. The...
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Glenborough Enjoying Capital Growth at The Aventine 4/07/09 In a recent office lease in San Diego’s University Town Center area, Capital Growth Inc, a financial services company, signed a 90-month, $1.33 mil deal for 4.7k sf ($3.14/sf/mo) of office space at The Aventine, located at 89...
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Draftsmen & Craftsmen 4/06/09 Prevost Construction recently completed $2 mil worth of renovations for multiple tenants in the 279.5k sf Sorrento Towers North complex, consisting of two high-rise buildings located at 5355 and 5375 Mira Sorrento Place in th...
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Sheid Joins Trigild as Managing Director 4/03/09 Trigild, a San Diego-based distressed property management, loan recovery and real estate receivership specialist firm, has named Xavier L. Sheid as a Managing Director of asset management and business development. Shied’s res...
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