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• Colony Realty Partners Acquires 162k sf San Diego Portfolio
12/27/07
Colony Realty Partners managed to wrap up a sizable portfolio buy before the year ended, as they paid $27.2 mil for four San Diego business parks with a combined 162.2k sf ($168/sf) of space. At the time of the sale, the prop...
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• New San Diego Office Condo Project is 65% Sold
12/21/07
Just six months after completion of construction, Metro o Work, an 80k sf building featuring one of San Diego's hottest restaurants and 28 office condominium units, is 65 percent sold. The upscale project, developed by Berkso...
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• GSP Arranges $26 Mil Bridge Loan on Del Mar Heights Office Buy
12/21/07
In the midst of a tightened lending atmosphere, Halcyon Real Estate Partners, a recently formed subsidiary of New York hedge fund, Halcyon Group, obtained a $26.25 mil bridge loan to fund the acquisition of a 65k sf office bu...
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• Pro Moves
12/20/07
Two execs at Coldwell Banker Commercial of San Diego, Senior Vice President and Principal Tom Olson, and Founding Partner, President and CEO Alan Scott, have been honored with the 2007 “Deal Maker” Award from the Commercial R...
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• Owner-Users Swoop Down on GreyHawk Buildings
12/19/07
A new Carlsbad industrial/R&D development is enjoying continued interest from owner-users in the area, as two more buildings just traded hands, bringing the total number sold to 12 out the 28-building complex. The project, Gr...
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• Cushman & Wakefield to Acquire Burnham Real Estate
12/18/07
Cushman & Wakefield, reportedly the world’s largest privately held commercial real estate services firm, has reached an agreement to acquire Burnham Real Estate, which has operated as San Diego’s largest, independent commerci...
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• Medical/Office Condo Buyers in Santee can Enjoy RiverView
12/18/07
Ryan Companies just completed a six-building, 63.5k sf medical/office project, which represents phase II of RiverView at Santee, a 108-acre master-planned business park. Upon full build-out, the campus is expected to contain ...
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• Kilroy has a Pardee with 23-Acre Development Site in Del Mar Heights
12/14/07
A 23-acre site in San Diego’s Del Mar Heights submarket, said to be the last developable parcel of land in the area, was acquired by Kilroy Realty Corp for $87.9 mil ($87/sf). It was sold by Pardee Homes, the LA-based home bu...
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• Classy New Class A project in Rancho San Diego Nearing Completion
12/13/07
A cool, new office project with a smart, Craftsman-style design will soon be coming online in the Rancho San Diego area, near El Cajon. The project, a 43k sf Class A facility called RSD Hilton Head, will offer space for lease...
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• Genesis Building Up North County Health
12/12/07
The Genesis L.A. Real Estate Fund, managed by Shamrock Capital Advisors, and San Diego-based Paladin Real Estate Group are set to break ground this month on a 25.7k sf office condominium complex in Oceanside, which will inclu...
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• StarPoint Embarks on $100 Mil San Diego Apartment Investment Program
12/11/07
Now that its been a couple of years since the once-insatiable demand for apartment properties in San Diego by condo converters has pretty much disappeared, investment activity and pricing for apartments has settled down notic...
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• $14 Mil Sorrento Mesa Lease is Simply Fabless
12/06/07
Entropic Communications Inc, a fabless semiconductor company, has elected to relocate its corporate HQ within Sorrento Mesa, after agreeing to a long-term lease for an entire 90k sf R&D facility at 6290 Sequence Dr, north of ...
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• Microbrewery Signs at San Diego’s Colonel Fletcher Building
12/05/07
Beer lovers will soon have reason to stop by the Colonel Fletcher Building in downtown San Diego now that HB Beer Company signed a lease to open a microbrewery and restaurant, called San Diego Beer Company, in the entire 6.8k...
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• Mintz Levin Inks Lease for 39k sf of New Space in Torrey Hills
12/03/07
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, an AmLaw 100 law firm with offices in the US and the UK, recently boosted its presence in Southern California with the signing of a lease for 39.9k sf of space in San Diego’s Tor...
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• Palomar Community College Acquires 83-Acre Fallbrook Site
11/29/07
Here’s news of a large land buy in the Fallbrook area in northern San Diego County, as Palomar Community College acquired an 83.61-acre site adjacent to the I-15 and SR-76 junction for $38.24 mil ($10.50/sf). The property wa...
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• Poway is the Right Way for New Hotel Investment
11/27/07
Demand for hotels throughout Southern California continues to be very strong. In a very recent investment/development deal, Somera Capital Management LLC acquired the existing 2.9-acre Hampton Inn & Suites development in Powa...
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• Vons Opens New San Diego Store per $25 Mil Lease
11/16/07
Vons has moved into its new 55.4k sf grocery store at Liberty Station Marketplace, located northwest of downtown San Diego at 2535 and 2495 Truxtun Rd, pursuant to a recent 20-year lease it signed worth about $25 mil ($1.88/s...
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• Retail in Downtown San Diego Experiences Negative Absorption
11/13/07
Reversing years of positive absorption for the area, downtown San Diego’s retail market experienced 88.5k sf of negative absorption over the past year. According to a just-released report by Burnham Urban Retail Group, the in...
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• Vista Seller Turns Over a New LEAFS in $28 Mil Deal
11/13/07
A 120.2k sf building at 2985 Scott St, within the Oak Ridge Corporate Centre in the city of Vista, was purchased by LEAFS Investments for $28 mil ($233/sf). The new tenant of this high-image, single-tenant manufacturing/R&D f...
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• Investors Coast into Kearny Mesa Medical Office Building
11/12/07
Coast Medical Center, a 38k sf four-story multi-tenant medical office building in San Diego’s Kearny Mesa area, was acquired by an investment partnership for $8.6 mil ($226/sf). The wood frame and stucco building, located at ...
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