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• Sunrise Management Awarded Management Assignment for Historic San Diego Mixed-Use Properties
9/21/20
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
9/18/20
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
9/16/20
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
9/14/20
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
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...
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• 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...
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• 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 ...
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• 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.
...
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• 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 ...
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• 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...
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• 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...
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• 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 ...
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• 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 ...
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• 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...
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• 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...
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• 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 ...
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• 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...
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• 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...
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• 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 ...
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• 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...
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