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March 16, 2025
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SAN DIEGO NEWS
Archive
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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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• Multifamily Investors Park Their Money in Assets Near San Diego’s Balboa Park
6/03/08
Montecito Point, a 72-unit apartment complex located at 4179 3rd Ave in San Diego, was purchased by a San Mateo buyer for $17.5 mil ($243k/unit). Built in 1987, the property is situated north of Washington St and west of the...
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• Ryan Companies Sells 11 Units at New Carlsbad Flex Project
6/03/08
Owner/users have taken a liking to Ryan Companies’ Towers at Bressi Ranch project, as the company has already sold 11 units at the development’s just-completed first phase for a combined price of $8.78 mil. The 11-building pr...
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• San Diego Renters Very Satisfied with H.G. Fenton
6/02/08
For the sixth consecutive year, H.G. Fenton Company has been awarded top national honors based on resident satisfaction for its 11 San Diego County apartment communities, combining 2,800 apartment homes in total. SatisFacts ...
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• New Project Provides Harmony for Small Industrial Users
5/30/08
A new multi-tenant industrial park currently under development in Escondido will offer 36.5k sf of space geared for the smaller user, with units ranging from 1.2k sf up to 2.2k sf in size, although multiple units can be combi...
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• New Affordable Housing Project Completed in San Diego’s Barrio Logan Area
5/29/08
A new affordable housing project in downtown San Diego is set to open to the public on June 5 at a Grand Opening and Dedication ceremony that will include San Diego Mayor Jerry Sanders and City Councilmember Ben Hueso along w...
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• El Cajon Industrial Facility Sells for $142/sf
5/28/08
A multi-tenant industrial facility in El Cajon was recently acquired for a price of $142/sf. The 40.9k sf building was purchased by San Diego-based Pacific Realty Advisors, led by general partners James T. Gianulis and Richar...
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• New 229-Unit Res Project in Downtown San Diego is Affirmed
5/27/08
Affirmed Housing has purchased a 20k sf property located at 1050 B St in downtown San Diego for the development of a new res project to be called Ten Fifty B. The seller, The Smiedt Children’s Trust and the Josephson Children...
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