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• San Diego Pro Moves
4/18/08
San Diego’s Grubb & Ellis|BRE Commercial has formed a strategic partnership with Sandra Clark, who will lead the firm’s new Project and Relocation Management group. Clark, Founder and Principal of Space Matters, a locally bas...
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• Buyers Snag Medical/Office Condos in Mission Valley
4/17/08
In today’s market, small businesses and investors can still take advantage of great values in the purchase of small office condo units, particularly while interest rates remain very low. In the San Diego area of Mission Valle...
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• Imperial Bancorp Inks $5 mil La Jolla Renewal
4/16/08
At present, the two-story building only has three available suites of 553 sf, 1k sf and 2.1k sf. The building overlooks a 20-acre open space park and Chicarita Creek, and also features on-site showers and lockers.
Jeb Bakke...
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• Acquisition Tide is High for Zuma
4/15/08
A two-building, 77k sf office project in San Diego’s Mission Valley was purchased by Zuma Corporation for $15.9 mil, or $206/sf. The property, CenterPoint Mission Valley, was built in 1982 and is located at 3110 and 3160 Cami...
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• Medical/Office Project in Vista On-Schedule for July 2008 Completion
4/14/08
Development of a new $20 mil medical office park in Vista is nearing the finish line, as construction has been topped off at Premier Crossing, a 51.8k sf project located at the corner of South Melrose Dr and Sycamore Ave. The...
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• Bixby Land Goes Cruz-in’ in San Marcos
4/09/08
An 80k sf distribution facility in San Marcos recently traded hands in a deal valued at $14.8 mil, or roughly $85/sf. The property is located at 237 Via Vera Cruz, south of the 78 Fwy and east of Las Posas Rd. The buyer was I...
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• NASSCO Sails into Voit’s Tidelands Industrial Park
4/07/08
It looks like Voit Development’s ship has come in, at least at their Tidelands Industrial Park in National City, as National Steel and Shipbuilding Company (NASSCO) agreed to a 10-year, $4 mil lease for 55k sf ($0.61/sf/mo) a...
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• Chula Vista Medical Property Sells for $251/sf
4/04/08
Pacific Doctors Park, a 35k sf medical campus located at 340 – 342 4th Ave, between the I-5 and I-805 Fwys in Chula Vista, was recently acquired for $8.8 mil ($251/sf) by Pacific Realty Advisors, a San Diego-based real estate...
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• Recent Signings Bring Del Mar Heights Office Building to 88% Leased
4/02/08
Four recent signings, totaling $3.2 mil in value, have brought High Bluff Del Mar, a three-story, 72k sf office building in San Diego’s Del Mar Heights area, to 88 percent leased. The building is located at 12555 High Bluff D...
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• San Diego Apartment Prices See Slight Decline
4/01/08
While the number of annual San Diego County apartment sales transactions has fallen to its lowest level since 1993, selling prices remain relatively strong – declining just moderately since the market correction began in 2004...
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• Rancho Bernardo Office Asset Trades for $12 Mil
4/01/08
A 51.8k sf, five-building, multi-tenant office complex in San Diego’s Rancho Bernardo area was acquired by WNM Properties LLC in a $12 mil ($232/sf) transaction. The property, Citibank Office Plaza, is located at 11818-11858 ...
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• Janez Completes Construction on Oceanside Terraces
3/31/08
Oceanside Terraces, a six-story, 113k sf mixed-use project being developed by Janez Group in the heart of Oceanside’s nine-block redevelopment district, was just completed. More than 70 percent of the combined commercial reta...
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• Hot San Diego Office Market is Slowing Down
3/28/08
2008 is expected to be a relatively flat year for the local office market in San Diego, with continuing slower net absorption and higher vacancy, according to a just-released report from the San Diego office of Cushman & Wake...
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• Two San Diego Hotels Sell in a Very Hospitable $23.8 Mil Deal
3/27/08
Two San Diego-area hotels, totaling 202 rooms, traded hands in a $23.8 mil ($117.8k/unit) transaction. The assets, a Quality Suites and a Holiday Inn Express, were purchased by JCK Hospitality LLC. The seller was Mira Mesa Ho...
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• Westview to Offer Best View of Scripps Ranch
3/26/08
Construction on a new 96.5k sf Class A office building in San Diego’s Scripps Ranch area is well underway with completion scheduled for October 2008. The three-story project, Abrams Westview Plaza, is a 96.5k sf building suit...
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• Shea Signs Five Tenants to New Chula Vista Retail Center
3/25/08
Leasing at The Marketplace at Windingwalk, a 104k sf neighborhood shopping center currently under development in Chula Vista, is progressing ahead of schedule with the recent signings of five new deals at the center, totaling...
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• ViaSat Inks $11.6 Mil Expansion in Carlsbad
3/24/08
ViaSat, a producer of innovative satellite and other wireless communications and networking systems, inked a lease for 40k sf of expansion, build-to-suit office space within St. Croix Capital Corporation’s campus at the Bress...
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• NewMark Merrill Picks Up San Diego-Area Retail Asset
3/19/08
A 53k sf retail center in El Cajon was purchased for $11 mil ($208/sf) by NewMark Merrill Company, the LA-based shopping center owner and developer. The property, El Cajon Town & Country Shopping Center, is located at Second ...
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• AMCAL Starts Work on Affordable Housing in San Diego
3/18/08
Construction of a new, affordable housing development in San Diego’s Barrio Logan neighborhood just got underway, with a grand opening scheduled for fall 2009. The project, Los Vientos, is a development of Agoura Hills-based ...
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• Sorrento Mesa R&D/Office Building Trades for $11.4 Mil
3/14/08
A venture of Vancouver, Canada-based Emri Group and Baltimore, MD-based Alex. Brown Realty Inc (ABR) has acquired a 57.2k sf R&D/office building in Sorrento Mesa for $11.4 mil ($199/sf). The project is currently 78 percent oc...
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