|
San Diego Area Office Building Trades in $20 Mil Deal 9/08/20 A Los Angeles-based private buyer paid $20.6 mil for a 51.7k sf ($398/sf) office building in San Diego’s Sorrento Mesa area. The property was sold by real estate investment management firm Buchanan Street Partners.
Located a...
|
Plastic Surgeon Pays Over $500/sf for San Diego Office Building 9/02/20 September 2, 2020 Plastic Surgeon Pays Over $500/sf for San Diego Office Building
2.8k sf property is in city’s Hillcrest neighborhood
A freestanding, 2.8k sf office building located in San Diego’s Hillcrest neighborhood wa...
|
McDonalds and Union 76 Assets in San Diego’s Pacific Beach Fetch $8 Mil 9/01/20 A 3.2k sf McDonalds and a 2.3k sf Union 76 service station on two parcels totaling 50.8k sf of land in Pacific Beach sold for a total price of $8 mil.
The assets are located at 4711 Mission Bay Dr and 2804 Garnet Ave, just ...
|
Three Ground Leases in Sorrento Mesa Sell for $41.5 Mil 8/28/20 A private investor paid $41.5 mil for the ground leases of three parcels totaling approximately 12.5 acres in Sorrento Mesa. The assets were sold by San Francisco-based real estate investment firm Stockbridge Capital Group.
...
|
Carlsbad Office Building Sells for $160/sf 8/26/20 A private investment firm paid $6.15 mil for a 38.3k sf ($160/sf) office building in Carlsbad. The property was originally built in 1986 and was renovated in 2013.
Located at 5928 Pascal Ct, the property is 79% leased to ...
|
Pathfinder Partners Awards Portfolio Management Contract to Sunrise Management 8/20/20 Pathfinder Partners has awarded the management assignment for eight San Diego multifamily communities to locally-based Sunrise Management. Sunrise will assume the leasing and day-to-day operations of the properties and assist...
|
Trio of Recent Leases Brings Office District at Liberty Station to Fully Leased 8/19/20 Three new office leases have been signed at Liberty Station, a mixed-use development in the Point Loma neighborhood of San Diego, on the site of the former Naval Training Center. The office district is now fully leased.
The...
|
National University’s HQ Campus in Torrey Pines Sells 8/19/20 Alexandria RE Equities has purchased The Pointe at Torrey Pines, a 139.1k sf office property in Torrey Pines currently home to the National University System and National University’s two-building headquarters. The price was ...
|
El Cajon Industrial Property Trades at 3.6% Cap Rate 8/13/20 A fully-leased, 27.8k sf industrial property in El Cajon sold for $3.39 mil ($122/sf). The deal came in at what we’re told is a record low cap rate for East San Diego of 3.6%.
The property is comprised of a 17k sf building ...
|
Architectural Services Firm AO Acquires Sunnyvale-Based WHL Architects 8/12/20 Architectural services firm AO has launched a new design studio, AO Science + Technology, following its acquisition of WHL Architects, a Sunnyvale-based science and technology design firm founded in 1987 by Douglas White, AIA...
|
San Diego R&D Building Seller in $2.7 Mil Deal was Just Blown Away 8/11/20 A local owner/user paid $2.7 mil for an 11.3k sf ($239/sf) R&D building in San Diego. The property, located at 7775 Arjons Dr, was acquired by SD Wood Cabinet. The seller was Just Blown Away Inc.
The property seller is retir...
|
Investor Exchanges into 13.5k sf Oceanside Single-Tenant Office Asset 8/11/20 A 13.5k sf, single-tenant office building in Oceanside was acquired by an Orange County-based, 1031 private buyer for $6.65 mil, or $493 per square foot. The asset, located at 2160 South El Camino Real, is 100% leased to the ...
|
Local Investor Buys Carlsbad Flex/Industrial Building in $11.6 Mil Deal 7/31/20 A 44.8k sf, a Class A flex industrial building in Carlsbad was purchased for $11.6 mil ($259/sf) by a local investor. The property, located at 1900 Aston, was sold by Diversified Properties.
The building was originally const...
|
LPC West and Crow Holdings Capital Pick Up 112k sf Chula Vista Industrial facility 7/29/20 A joint venture between LPC West and Crow Holdings Capital has acquired a 112k sf industrial building in Chula Vista, the second-largest city in the San Diego metropolitan area. The sale represents the first time the property...
|
Portfolio of Three NV and CA Res Properties Refinanced with Three Fannie Mae Loans 7/29/20 NorthMarq has arranged $31.05 mil in Fannie Mae refinanings on a portfolio of three multifamily properties located in Las Vegas, NV and Lakeside (San Diego), CA.
NorthMarq’s Gardiner Champlin and Marty Meagher arranged the ...
|
Badiee Development’s Latest Flex/Industrial Building is 70% Leased 7/27/20 Badiee Development recently completed construction of Carlsbad Innovate, a 50.2k sf, adaptive flex industrial building located at 2810 Caribou Court, Carlsbad, CA in the Carlsbad Oaks North Business Park. Since completion, th...
|
Office Building in San Diego’s Little Italy Neighborhood Gets New Owner in $2.275 Mil Deal 7/24/20 A two-story, 2.8k sf office building in downtown San Diego’s Little Italy neighborhood sold for $2.275 mil, or $812/sf. The freestanding property is located at 223 West Date St, a few doors west of the I-5 and Front St.
Bud ...
|
Invesco Real Estate and Baranof Holdings Pick Up San Diego Self-Storage Property 7/23/20 Global real estate investment manager Invesco Real Estate, in partnership with Baranof Holdings, has acquired Morena Storage, a 1,640-unit self-storage facility in central San Diego. The 108.7k sf asset, located at 908 Sherma...
|
BLT Enterprises in a Create-ive Mood with $40 Mil Carlsbad Acquisition 7/09/20 Los Angeles-based BLT Enterprises has purchased Create, a newly developed, 146.1k sf Class A pharmaceutical manufacturing facility in Carlsbad, for $40.45 mil ($277/sf). The building, located at 2827 Whiptail Loop West, had b...
|
Cooley Signs Lease for 74k sf at The Boardwalk in Torrey Pines 7/08/20 Cooley, a Palo Alto-based international law firm, has signed a 74k sf lease at The Boardwalk, a three-building, 195k sf development currently under construction by Irvine-based REIT Healthpeak Properties in Torrey Pines. Term...
|