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May 27, 2024
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• Office Demand in San Diego Faces Significant Decline Amid COVID Pandemic
This report was provided by the San Diego region office of real estate services firm Colliers International Written by: Christopher Reutz Research Director | San Diego Region Colliers International Behind the Numbers • ...
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• Renovated Industrial Facility in San Diego Gets New Owner
Padma Laxmi LLC purchased an 85.8k sf industrial asset in central San Diego. The fully leased, single-tenant facility was sold by CapRock Partners for an undisclosed price. CapRock Partners had recently completed an extensi...
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• Private Investor Spends $7.5 Mil on Renovated Industrial Asset in Miramar
A 27.5k sf industrial asset in Miramar has traded hands in a recent $7.525 mil ($274/sf) transaction. The property is located at 8330 Arjons Dr, west of I-15 and just north of Miramar Rd. The asset was sold by Stos Partners,...
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• Unilev Capital Spends $13.5 Mil on Industrial Property in National City
Unilev Capital recently closed on the $13.5 mil purchase of a 78.7k sf ($172/sf), multi-tenant industrial property in National City as part of a 1031 exchange. Located at 131 W. 33rd St, the property was originally built in 1...
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• High Net-Worth Investor Buys Scripps Ranch Industrial Facility
An 85.8k sf, freestanding industrial property in the Scripps Ranch area of San Diego has traded hands. The Class A facility, situated on a 5.4-acre site at 10054 Old Grove Rd, is currently fully leased by Manscaped, which cre...
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• IQHQ Acquires Waterfront Dev Site in Downtown San Diego
Manchester Pacific Gateway, a future waterfront development site located in Downtown San Diego, California was acquired by IQHQ, a leading life sciences real estate development company, which plans to build Downtown San Diego...
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• San Diego Padres Venture with Tishman Speyer and Ascendant Capital Partners the Winning Bidder to Transform Tailgate Park
The San Diego Padres development team, which includes partners Tishman Speyer and Ascendant Capital Partners, has won the competitive bidding process to transform Tailgate Park in downtown San Diego into a vibrant, mixed-use ...
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• 600k sf San Diego Industrial Facility Hits the Market
We’ve learned of a large, 601.4k sf, multi-tenant industrial building in San Diego that has hit the market. The property, situated on over 31 acres at 2020 Piper Ranch Rd in Otay Mesa, has been listed by an entity of Morgan S...
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• R&V Management Buys 129-Res Property in San Diego’s Downtown Area
An affiliate of San Diego-based R&V Management has acquired AV8, a 129-unit multifamily property in the city’s Little Italy neighborhood. The purchase was financed with a loan of $43 mil. Located at 2175 Kettner, AV8 was ori...
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• Sunrise Management Awarded Management Assignment for Historic San Diego Mixed-Use Properties
San Diego-based Sunrise Management has taken over day-to-day management of Park + Polk and The Fort – two high profile urban San Diego mixed-use projects that were purchased by A.L. Group LLC for $45.08 mil earlier this summe...
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• LifeStance Health Inks Leases for Eight San Diego Area Offices
LifeStance Health, a national outpatient behavioral health company, has completed seven new office leases and one expansion across the Greater San Diego area. The eight offices are located at 31573 Rancho Pueblo Rd, 6386 A...
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• Newest Res Project at Sudberry’s Civita Campus in Mission Valley is Completed
Purl, the newest project at Sudberry Properties’ 230-acre Civita urban village in Mission Valley, has been completed and is now leasing units to tenants. The development, located at 7901 Civita Blvd, is comprised of 434 luxur...
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• Auto Service Property in Escondido Gets New Owner
Valley Parkway Auto Service Mall, a 34.1k sf automobile service center property in the north San Diego County city of Escondido, sold for $3.6 mil ($106/sf). Valley Parkway Auto Service Center is comprised of four multi-tenan...
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• San Diego Area Office Building Trades in $20 Mil Deal
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...
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• Plastic Surgeon Pays Over $500/sf for San Diego Office Building
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...
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• McDonalds and Union 76 Assets in San Diego’s Pacific Beach Fetch $8 Mil
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 ...
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• Three Ground Leases in Sorrento Mesa Sell for $41.5 Mil
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. ...
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• Carlsbad Office Building Sells for $160/sf
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 ...
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• Pathfinder Partners Awards Portfolio Management Contract to Sunrise Management
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...
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• Trio of Recent Leases Brings Office District at Liberty Station to Fully Leased
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...
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