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• Encinitas Biz Parks Rings up Three Additional Sales in Past Month
10/05/07
In the past month, three units closed in North Coast Business Park, a nine-building, 180k sf business campus that offers office units for sale or for lease ranging from 778 sf up to 10k sf. So far, there has been $17.5 mil of...
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• New Medical/Office Project on the Vista in San Diego County
10/03/07
Hacienda Professional Center LLC, an entity led by Marc Perlman of Marker Company Inc, will break ground in two weeks on a new 25.3k sf medical/professional office building on 1.9 acres at Hacienda and Melrose Drives in Vista...
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• SVN Equities Pays $7.3 Mil for Carlsbad Office Asset
10/01/07
There has been a number of interesting office sales comps from around San Diego County to let you know about in the $3 mil to $7 mil range. In this update, we'll take a quick look at five recent transactions from various part...
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• BioMed Signs Fine Artes Deal in Sorrento Mesa
9/27/07
In Sorrento Mesa, Halozyme Therapeutics took 48.7k sf of laboratory and research space in Sorrento Valley after agreeing to a 66-month, $8.5 mil ($2.64/sf/mo) deal. The combination sublease and direct lease is at 11388 and 11...
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• Kearny Mesa Boasts Extremely Strong Investment Market
9/18/07
Here's a current snapshot of market conditions in San Diego's Kearny Mesa submarket, courtesy of CB Richard Ellis, which recently released their Kearny Mesa Mid-Year Report 2007. The report provides a detailed market overview...
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• Bixby Comes to $31 Mil Decision in Vista
9/12/07
Bixby Land Company completed a major acquisition in Vista after paying $31 mil for the 111.6k sf ($278/sf) DJO corporate headquarters facility, situated on 7.81 acres at 1430 Decision St, north of San Marcos Blvd and east of ...
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• Grosvenor Purchases Carlsbad Office Complex
9/10/07
Grosvenor Investment Management US Inc has acquired the three-building, 81.1k sf Research Center Plaza in Carlsbad on behalf of a closed-end office fund for $16.55 mil ($204/sf). The property was sold by Stoneridge Capital Pa...
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• Pair of Carlsbad Buildings Fetch $21.5 Mil
9/07/07
Two 47.5k sf buildings that sit on six acres of land at 2544-2548 Campbell Place in Carlsbad were purchased by Moderna Del Mar LLC for $21.55 mil ($227/sf). The buildings were originally developed by St. Croix Capital Corpora...
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• San Diego Developers See Tremendous Potential in Scripps Ranch Area
9/06/07
Three of the most active developers in San Diego County – Cruzan/Monroe, Opus West and LBA Realty -- have invested a combined total of $73.5 mil over the past year to acquire existing projects or land in Scripps Ranch. These ...
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• Poway Center Ends Up on Greenstreet in $30 Mil Sale
9/05/07
An affiliate of NY-based Greenstreet Real Estate Partners has acquired Poway Crossings, a 114.8k sf retail center at 12622-13224 Poway Rd in Poway, for $30.7 mil ($267/sf). It was sold by Westcore Properties, out of San Diego...
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• Bank Makes Federal Case of Playa Vista Office Lease
8/31/07
First Federal Bank of California is relocating to LA's rapidly evolving Playa Vista area, after signing a 12-year lease for a newly renovated, 89.2k sf three-story office building, located at 12555 Jefferson Blvd. The move al...
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