|
• RPG Picks Up Office Building in Encinitas’ Pacific Station
1/21/20
San Diego-based RPG paid $5.9 mil for a 9.7k sf office building at Pacific Station in Encinitas, where the firm already owns a large retail and restaurant section of the 100k sf mixed use center. The building is located at 68...
|
• Res Property in San Diego’s Ocean Beach Trades for Over $18 Mil
1/17/20
A 60-unit multifamily complex in San Diego’s Ocean Beach sold for $18.275 mil, or $304.5k/unit. The 52k sf property sits on a 45.3k sf lot at 4464 Castelar St, west of Nimitz Blvd and south of Point Loma Blvd.
The asset is c...
|
• Pathfinder Partners Buys 60-Unit Res Property in Phoenix
1/16/20
Park Paloma – a 60-unit apartment community just south of the Lower Arcadia neighborhood in Phoenix, was acquired for $8.4 mil ($140k/unit) by San Diego-based Pathfinder Partners. Constructed in 1973, the property is located ...
|
• Oceanside Transit Center redevelopment project being marketed for bids by interested developers
1/14/20
North County Transit District (NCTD) in San Diego County has posted a request for proposals (RFP) for the redevelopment of Oceanside Transit Center, a future mixed-use project in downtown Oceanside. This is an opportunity to ...
|
• Investor Pays over $5 Mil for San Diego Industrial Showroom
1/13/20
A 22.7k sf, industrial showroom building in San Diego’s Miramar area sold for $5.14 mil ($226/sf). The building is located at 8185 Camino Santa Fe, north of Miramar Rd and east of I-805.
8185 Camino Santa Fe is a freestandin...
|
• Mission Valley Retail Center Goes for $434/sf
1/10/20
A local, private buyer has purchased Las Cumbres Square, a 12.8k sf retail center in San Diego’s Mission Valley, for $5.55 mil ($434/sf). Located at 6110-6120 Friars Rd, the property was originally built in 1978 and was remod...
|
• Renovation Wrapped Up at San Diego Area Office Building
1/10/20
Renovation work has been completed at 1450 Frazee Road, a seven-story, 140.5k sf Class A office building in the Mission Valley area of San Diego. 1450 Frazee can accommodate users ranging from 1.7k sf to over 18.5k sf on the ...
|
• Two Commercial Condos in Carlsbad Fetch Nearly $2 Mil
1/07/20
Two commercial condominiums in Carlsbad sold for a total value of $1.944 mil. The two properties are located at 6106 and 6142 Innovation Way, within the Towers at Bressi Ranch at the Bressi Ranch Corporate Center.
6106 Inno...
|
• Healthpeak Properties to Start Work on 195k sf Lab / Office Campus in Torrey Pines
1/06/20
Healthpeak Properties has broken ground on The Boardwalk, a 195k sf, Class A lab and office campus in Torrey Pines. Healthpeak, an Irvine-based REIT, owns more than 25 msf of R&D and office buildings throughout the U.S.
Loca...
|
• Vista Industrial Building Sells for $4.5 Mil in Year-End Buy
1/06/20
A free-standing, 22.4k sf industrial building in Vista traded for $4.5 mil, or $199/sf. The building, located at 1330 Park Center Dr, was acquired by Sunny Harvest LLC.
The building was partially occupied by Thirty-Three Thr...
|
• San Diego Multifamily Trade Comes in at $295k/Unit
1/05/20
A 47-unit multifamily complex in San Diego’s North Park neighborhood sold for $13.85 mil, or $295k/unit. The 38.6k sf property sits on a 24.4k sf lot at 4602 Kansas St, south of I-8 and just west of I-805.
The property consi...
|
• Pacific Beach Multifamily Building Sells for $360k/Unit
1/04/20
The Hornblend Apartments, an eight-unit multifamily complex in San Diego, sold for $2.885 mil, or $360.6k per unit. The 5.7k sf property, located on a 6.2k sf lot at 1468 Hornblend St in Pacific Beach, was purchased by GateHo...
|
• Commercial Real Estate Financing Briefs
12/24/19
JLL - Olga Walsh and Daniel Pinkus with JLL have arranged $50 mil in financing for Pierside, a two-building, mixed-use property with 176 residential units and approximately 17k sf of retail space in Oceanside. Pierside was co...
|
• Mobile Home Community in North San Diego County Trades for $8.6 Mil
12/23/19
Hilltop Mobile Home Park, a 22-space mobile home park property in North San Diego County, sold for $8.6 mil. The property is located on a 1.14-acre parcel at 155 West Jason Street in Encinitas.
Ciara Trujillo of Colliers Int...
|
• Protea-Primewes Spends $9 Mil on Kearny Mesa Office Building
12/23/19
Protea-Primewes purchased a 43.9k sf office building in Kearny Mesa for $8.95 mil, or $204/sf. It was sold by Massachusetts-based REIT Office Properties Income Trust.
Originally constructed in 1986 and renovated in 2001, t...
|
• Newly Built San Marcos Retail Center Sells for Nearly $700/sf
12/20/19
In a late-year, SoCal retail buy, Gershman Properties LLC paid $16 mil for San Elijo Hills Town Center, a 23.1k sf ($693/sf) lifestyle center in San Marcos. It was sold by Ambient Communities dba SEH Lifestyle Center LLC.
B...
|
• Kearny Mesa Office Building Sold to IDS Real Estate in $23.75 Mil Deal
12/20/19
IDS Real Estate Group purchased a 148.5k sf office building in San Diego’s Kearny Mesa area for $23.75 mil ($160/sf). The asset was sold by Massachusetts-based real estate investment trust Office Properties Income Trust.
Loc...
|
• Oceanside Biz Park Attracts $20 Mil Buyer
12/17/19
Copperwood Center, a 141k sf industrial park in Oceanside, was acquired by Newport Beach-based CB Copperwood LLC for $20.05 mil, or $142/sf. Located at 3365, 3375 and 3385 Mission Ave, and 101, 102, 105, 106 and 110 Copperwoo...
|
• Res Asset in San Diego’s UTC Submarket Goes for $375k/Unit
12/16/19
Mark Gosselin, president of Property West Residential Inc, paid $22.5 mil for La Jolla Park West, a 60-unit ($375k/unit) multifamily property located in San Diego. The asset, situated in San Diego’s highly coveted University ...
|
• Johnson Storage & Moving Co Collects $8.47 Mil from Dispostion of 60k sf Otay Mesa Building
12/16/19
A 59.8k sf, Class A industrial building in Otay Mesa sold for $8.47 mil ($142/sf). The building is fully occupied by Johnson Otay LLC, dba Johnson Storage & Moving Co, which sold the property to Eastgroup Properties in a sale...
|
Return to the Southern California - San Diego area
