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• Wrightwood Provides $21 Mil for Poway Industrial Buy
5/23/08
The Emri Group recently closed on the acquisition of a 144k sf single-tenant flex building In Poway, in a transaction that was financed with $21.3 mil provided by Wrightwood Capital. The two-story building is located at 14040...
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• San Diego Industrial Market Remains Stable
5/22/08
The San Diego County industrial market recorded just a slight increase in vacancy to 6.3 percent during the first quarter of 2008, evidence that the market remains stable despite negative absorption, according to the latest r...
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• WCB Takes Down New Tenant in Full Nielsen Deal
5/21/08
In a notable recent San Diego-area office lease, The Nielsen Company, a global information and media company, inked a 90-month, $10.7 mil lease for 36.4k sf ($3.27/sf/mo) of Class A office space at Sorrento South Corporate Ce...
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• Lankford/Phelps Team Awarded Development of $115 Mil La Jolla Research Facility
5/21/08
A new $115 mil research facility for the San Diego Consortium for Regenerative Medicine (SDCRM) in La Jolla is slated to get underway in the first quarter of 2009. The project, to be located at the corner of North Torrey Pine...
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• Coldwell Banker Commercial Almar Real Estate Group Newest Member of ONCOR International
5/20/08
Coldwell Banker Commercial Almar Real Estate Group (CBC Almar) was named as the newest member office of commercial real estate network ONCOR International LLC. CBC Almar, which will serve the San Diego and Southwest Riverside...
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• Mission Valley to Be Awash in 254 New Res Units Thanks to Aquatera
5/19/08
Aquatera, a new urban community in Mission Valley, will be completed in early 2009, bringing 254 new apartment homes to the area. The project is a development of H. G. Fenton Development Company, which will then have 12 commu...
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• Current Office Sublease Availability in San Diego Inline with Historic Averages
5/16/08
One of the important indicators in determining the health of a given office market is the direction of current sublease activity. Here’s a quick look at the sublease market for office space in San Diego, provided to us by Gru...
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• Car Wash Cleans Up with San Diego Office Buy
5/15/08
La Jolla Car Wash has made a splash in the San Diego office market with its $7.6 mil purchase of a 34k sf ($223/sf) Class B building in the heart of the city’s downtown area. The four-story building is located at 1060 8th Ave...
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• Nypro Leases Facility South of the Border
5/14/08
Here’s the scoop on a notable industrial lease just south of the border, in Tijuana, Mexico. Although the deal falls a few miles outside of the regular RENTV coverage area, we thought it might be of interest to many of you wh...
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• San Diego Apartment Market Remains in Slowdown Mode
5/12/08
The latest data shows a continuing slowdown in San Diego apartment property sales, with 93 transactions totaling 1,459 units during the first quarter of 2008. According to figures from Cushman & Wakefield, the most recent qua...
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• Steel Completed on New Rancho Bernardo Retail Center
5/08/08
Steel is up for a new 7.2k sf retail center currently under construction at the southeast corner of Rancho Bernardo Rd and West Bernardo Dr in the Rancho Bernardo area of San Diego. The center, a development of HP Enterprises...
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• Investors are Hungry for Arby’s
5/06/08
One of the most popular types of investment products is fast food restaurant stores that are NNN-leased to major chains. In this update we’ll take a look at three recent such deals, all for Arby’s restaurants in SoCal and all...
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• Law Firm Takes 16k sf of Office Space in Sorrento Mesa
5/05/08
The law firm Morris & Sullivan LLP has leased 15.8k sf at 9915 Mira Mesa Blvd, one of two classy, low-rise buildings that make up Scripps Ranch at Monarch Corporate Center, a 112.4k sf Class A development at 9915 Mira Mesa Bl...
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• Sunrise Helps Warm Up Office Market in San Diego’s UTC Area
5/02/08
Sunrise Bank of San Diego took 7.9k sf of Class A office space in San Diego’s University Town Center area, after signing a 10-year, $4.16 mil ($4.39/sf/mo) lease at Sunroad Corporate Center. The building is located at 4445 Ea...
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• Santee Building to Become Quality Controlled After $6.5 Mil Deal
4/30/08
Three recent San Diego-area sales are worth letting you know about. The deals were in Santee, Chula Vista and Lemon Grove.
In the Santee deal, Quality Controlled Manufacturing paid $6.5 mil for a 51k sf ($127/sf) industrial ...
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• Pharmaceutical Services Company Makes an Executive Deal
4/25/08
An international pharmaceutical services group recently inked a lease for 10.8k sf of Class A office space in San Diego’s University Town Center area, after agreeing to a 10-year, $4.75 mil ($3.67/sf/mo) deal at Genesee Execu...
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• New Carlsbad Medical Office Project Nears Completion
4/24/08
One segment of the real estate industry that continues to grow is medical properties, which are expected to be needed more and more as the Baby Boomer generation moves into its senior years. One such facility nearing completi...
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• Downtown San Diego Retail Market Sees Negative Absorption for 1st Time in Eight Years
4/21/08
For the first time since downtown San Diego’s revitalization into a thriving 24/7 urban center began eight years ago, the popular central business district has recorded negative retail absorption. This review of the retail ma...
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• Pair of Recent Deals have National Importance
4/21/08
Here’s the scoop on the latest deals from National City, a town of roughly 55,000 people situated five miles southeast of San Diego. We have two deals to report – an office lease and an industrial sale.
We’ll start with the ...
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• Sorrento Mesa Center Sells for $600/sf
4/18/08
An 11.9k sf retail center in San Diego’s Sorrento Mesa area recently traded for $7.1 mil, or roughly $600/sf. The property – Sorrento Plaza Retail Center – is located at 9254 Scranton Rd, south of Mira Mesa Blvd and east of t...
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