|
• Multifamily Property Looking Out Over Mission Bay Goes for $700k/Unit
5/27/21
A nine-unit multifamily property located in the Crown Point area of San Diego’s Pacific Beach neighborhood sold for $6.3 mil, or $700k/unit. The property overlooks the Kendall-Frost Mission Bay Marsh Reserve and the Northern ...
|
• Four-Property San Diego Res Portfolio Trades in Two Deals Totaling $8.5 Mil
5/26/21
A four-property, multi-housing portfolio totaling 28 units and located throughout San Diego sold in two separate deals worth a combined $8.5 mil. Two of the properties, at 3833 Front St and 3837 1st Ave, are located in the Hi...
|
• Stos Partners Picks Up San Marcos Industrial Property
5/24/21
Stos Partners paid $8.775 mil for a 62k sf ($141.50/sf), multi-tenant industrial property in San Marcos. The property, which is currently 100% occupied by six tenants and facilitates a range of light industrial uses, was purc...
|
• Peregrine Realty Partners Entity Pays $23.3 Mil for Office Property in Mission Valley
5/24/21
Mission Courtyard, an 87k sf, multi-tenant office property in San Diego, was purchased for $23.3 mil ($268/sf) by a limited partnership controlled by the principals of Peregrine Realty Partners. The four-story, atrium-style o...
|
• Academy Buys University Property in San Diego
5/21/21
Classical Academy purchased a 51.8k sf office property in the San Diego area for $10.1 mil ($195/sf) to be used as a new school location. It was sold by National University.
The three-story property sits on 7.8 acres at 2022...
|
• Fairfield Residential Closes on $45 Mil Res Buy in San Diego’s Little Italy
5/20/21
Fairfield Residential Closed on a San Diego res buy, paying $45.3 mil for Il Palazzo, a 108-unit ($419.4k/unit) multi-housing community located in the heart of the city’s Little Italy area. The purchase was facilitated with a...
|
• Development of Downtown San Diego Tower on Target with Retail Signing
5/19/21
Target has agreed to take a 36k sf retail space at Cisterra Development’s planned Radian tower development in downtown San Diego. The 255k sf, 22-story retail and residential high-rise project is located in the Ballpark Distr...
|
• Taconic Capital Advisors and Triangle Capital Group Buy The Spreckels Building in Downtown San Diego
5/19/21
A joint venture between New York-based Taconic Capital Advisors and Triangle Capital Group acquired The Spreckels Building, a 217.2k sf, mixed-use office, retail and theater property in San Diego’s Gaslamp Quarter. The asset ...
|
• Industrial Building in San Diego Goes for $197/sf
5/14/21
A 70k sf, freestanding industrial building located at 9151 Rehco Rd in San Diego sold for $13.8 mil, or $197/sf. The building is geographically located on the border of Sorrento Mesa and Miramar, two of the strongest and most...
|
• Draftsmen & Craftsmen
5/13/21
Majestic Realty Co.’s and Sunroad Enterprises’ Landmark at Otay, a four-building industrial center totaling 845.8k sf in Otay Mesa, has reached the concrete wall panel tilt-up and roof construction milestone for Phase 1 of th...
|
• Half the Retail Space in the First Phase of The Row at Civita is Spoken For
5/11/21
Roughly half of the 18k sf first phase of retail space at The Row at Civita has been leased or is currently under negotiation. The project, a development of Sudberry Properties, is located at 7995 Civita Blvd, at Russell Park...
|
• Cruzan Secures $35 Mil Refi on Del Mar Heights Office Asset
5/10/21
Cruzan has refinanced Plaza Del Mar, a two-building, 117.5k sf office property in the Del Mar Heights submarket of North County San Diego. The new $35.3 mil loan was arranged by Mark McGovern, Scott Peterson, Brian Cruz and C...
|
• Res Community in Mission Valley Trades for $155.7 Mil
5/07/21
Presidio View, a 350-unit apartment community located in San Diego’s Mission Valley area, has traded hands in a transaction valued at $155.7 mil ($445k/unit). The property, situated on 6.96 acres at 1440 Hotel Circle North, w...
|
• Kearny Mesa Retail Center Traded for $16.2 Mil
5/07/21
A partnership controlled by San Diego-based CEG Capital Partners has purchased Convoy Village, a 42.3k sf retail center in San Diego’s Kearny Mesa neighborhood, for $16.2 mil ($383/sf). Originally constructed in 1974, the pro...
|
• Draftsmen & Craftsmen
5/06/21
Cisterra Development has completed the development of a two-building, Class A corporate headquarters at Cubic Corporation’s campus in San Diego. The project is centrally located at 9233 Balboa Ave, within the city’s Kearny Me...
|
• Kearny Mesa Office Building Purchased in $9 Mil Deal
5/04/21
A 36k sf Class A office building in San Diego’s Kearny Mesa area traded for $8.95 mil ($249/sf). The three-story building is located at 5643 Copley Dr, south of the 52 Fwy and east of I-805.
The property was purchased by Nex...
|
• Commercial Real Estate Financing Briefs
5/03/21
DAVID B. NORTON - David B. Norton Inc arranged $39.3 mil in ground-up financing for the land acquisition and construction financing of a 314-unit garden style apartment complex outside of San Antonio, TX. The development is l...
|
• AppFolio Leases 40k sf of Office Space in Kearny Mesa
5/03/21
AppFolio, a mobile property management software provider, signed a long-term deal for 40k sf of space at Sunroad Centrum, an 11-story, Class A office tower in central San Diego. AppFolio will occupy the first and second floor...
|
• Sterling Bay West and Harrison Street Buy Two Life Sciences Properties in Sorrento Mesa
4/19/21
A joint venture between Sterling Bay West and Harrison Street has acquired two life sciences properties located in Sorrento Mesa, a thriving life science and biotechnology submarket of San Diego. The assets fetched a combined...
|
• Bridge Investment Group Pays $43 Mil for La Mesa Multifamily Property
4/16/21
Bridge Investment Group, out of Salt Lake City, purchased The Cove, a 133-unit multifamily property in La Mesa, for $43.25 mil, or $325k per unit. The apartment complex, located at 7400 Parkway Dr, was sold by IEC.
Built in ...
|
Return to the Southern California - San Diego area
