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• 2007 San Diego Apartment Sales Drop 30% from 2006
3/06/08
San Diego County apartment sales slowed for the third consecutive year in 2007 as the market continued its correction following the record-breaking “condo-madness” years of 2001 through 2004, according to a just-released repo...
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• San Diego Office Sale is Groovy Like a Movie
3/04/08
A two-story 26.7k sf office building located at 5205 Kearny Villa Way, south of Clairemont Mesa Blvd and east of the 163 Fwy in the Kearny Mesa area of San Diego, sold for $6 mil ($225/sf). The property was acquired by Groovy...
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• Embarcadero Capital Partners Gets Dow with New Campus
3/03/08
A 6.58-acre, 99k sf campus occupied by The Dow Chemical Company was acquired by Embarcadero Capital Partners in a recent San Diego-area transaction estimated by local pros to be worth well over $18 mil ($182+/sf). The four-bu...
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• Marshalls Inks Deal for New San Diego Store
2/29/08
Marshalls, the discount department store chain, has agreed to a 10-year, $3.43 mil lease for a 25.6k sf ($1.12/sfmo) retail building previously operated by Pacific Theatre. The building is located in University Square shoppin...
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• Work Completed on Final Phase at La Costa Glen Carlsbad
2/29/08
Construction has been completed on the fourth and final phase at La Costa Glen Carlsbad, a continuing care retirement community in Carlsbad. Approximately 300 new residents are expected to move into the community by the end o...
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• Nexus’ $54 Mil Biotech Campus Project Underway in San Diego
2/27/08
Construction of Nexus University City Science Center, a new, $54 mil biotech campus at the northwest corner of La Jolla Village Dr and I-805 in San Diego’s University City area, is well underway. The two-building, two-story ...
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• CBC Almar Real Estate Group Awards Its Tops Producers for 2007
2/26/08
A number of top performers from Carlsbad-based Coldwell Banker Commercial (CBC) Almar Real Estate Group were recently honored with awards for their outstanding achievements in 2007. The Coldwell Banker Commercial Top Producer...
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• Kilroy Gets a Higher Education at Its Sabre Springs Campus
2/25/08
A major office deal took close to 300k sf off the market in San Diego’s Sabre Springs area, as Bridgepoint Education agreed to a 10-year lease for roughly 290k sf of space within two buildings at Kilroy Sabre Springs. The com...
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• Opus West Underway with Lean Green Office Machine in Scripps Ranch
2/22/08
Construction is well underway on Horizon Tech Center @ Scripps Ranch, a new 158k sf corporate campus being developed by Opus West within Phase III of Scripps Ranch Business Park in Central San Diego County. Set on 11.3 acres ...
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• Margaret Cleans Up in $5 Mil Kearny Mesa Buy
2/21/08
Wells Fargo Bank, the giant diversified financial services company, purchased a 20.5k sf industrial building in San Diego’s Kearny Mesa area for $5.3 mil ($259/sf). The single-story warehouse facility, located at 7520 Convoy ...
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• Sorrento Mesa Retail Center Opens Its Doors
2/20/08
Sorrento Plaza, a newly constructed 12k sf retail center in San Diego’s Sorrento Mesa area, just celebrated its grand opening. The project, located at 9254 Scranton Rd, east of I-805 and south of Mira Mesa Blvd, is comprised ...
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• Veralliance Wrapping Up State-of-the-Art Chem Lab TI Work for Sorrento Summit Tenant
2/19/08
The first phase of tenant improvements for Helicon Therapeutics Inc’s new corporate office and research facility in Sorrento Summit are nearing completion with occupancy slated for mid-February 2008. The company, which specia...
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• Harsch Buys a Fenway Park
2/15/08
An 80.5k sf industrial building in the city of Oceanside was acquired by Portland-based Harsch Investment Properties in a $9.7 mil transaction ($120/sf). The property, Oceanside Business Center, is located at 4040 Calle Plati...
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• Art Institute Gets Creative in Mission Valley Campus Expansion
2/13/08
The Art Institute of California – San Diego is expanding its San Diego campus with a 10-year, $8.75 mil lease for a 25.6k sf ($2.85/sf/mo) building at 7675 Mission Valley Rd, adjacent to its current facility in the master-pla...
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• New San Diego Ballpark Condo Project Sure to be a Hit
2/11/08
The latest project set to break ground in downtown San Diego’s Ballpark District is The Nolen, a 13-story office condo building on a 5k sf site located next to Hotel Solamar. The building, a project of San Diego-based Davies ...
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• Investment Activity in San Diego Apartment Market Expected to Maintain Pace
2/07/08
The apartment market in San Diego is expected to continue to post modest improvement this year, supported by steady job growth, high home prices and limited new supply, according to national brokerage firm Marcus & Millichap....
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• Demand Remains Strong for Encinitas Office Condos
2/05/08
One San Diego-area commercial development that has not seen much of a slowdown in activity over the past year is the North Coast Business Park in Encinitas, where 23 office condos totaling 53.5k sf have been sold for a total ...
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• Opus Takes $7.7 Mil Pit Stop with Sale of Carlsbad Raceway Buildings
1/30/08
Two R&D/flex buildings in Carlsbad sold recently in separate transactions worth a combined $7.7 mil. The facilities are part of Opus Point Flex, a six-building project within the master-planned Carlsbad Raceway Business Park ...
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• Former Nokia Space in Scripps Ranch Being Remodeled into Multi-Tenant Suites
1/28/08
A 50k sf block of space in the Scripps Ranch area formerly occupied by Nokia is coming back on the market. The space is the full second floor at Scripps Northridge Technology Plaza, a 95.6k sf office building located at 10636...
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• GE Master Minds Escondido Buy
1/25/08
In a transaction that marks their fifth acquisition together, a joint venture between Newport Beach-based Master Development Corporation (MDC) and GE Asset Management (GEAM), the manager for General Electric Company's primary...
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