|
• San Diego Apartment Sale Comps at $250k/Unit
9/03/19
A 16-unit complex in the Hillcrest neighborhood of San Diego sold for $4 mil, or $250k/unit. The 8.8k sf property is situated on an 11.2k sf lot at 3102-08 1st Ave.
The property’s unit mix consists of one three-bedroom/two-b...
|
• Oceanside Retail Center Sells
9/03/19
Mission Square, a 161.2k sf shopping center in downtown Oceanside, traded hands. The price was not disclosed.
Mission Square is located at 1002-1064 Mission Ave and 306-326 N. Horne St, adjacent to the west side of I-5. At t...
|
• Oceanside Multifamily Asset Sells in $66 Mil Transaction
9/02/19
A joint venture between IDEAL Capital Group and Aegon Real Assets US closed on a major multifamily buy in Oceanside, paying $66.25 mil for Sunterra Apartments, a 240-unit ($276k/unit) asset located at 3851 Sherbourne Dr.
ID...
|
• Apartment Property in Spring Valley Gets New Owner in $6 Mil Deal
8/30/19
A 28-unit multifamily complex in Spring Valley sold for $6 mil, or $214k/unit. The 27.4k sf property sits on a 43.6k sf lot at 9109 Kenwood Dr, east of Hwy 125 and south of Hwy 94.
Built in 1985, the property consists of 27 ...
|
• Upscale Retail Center in Carlsbad Sells for $468/sf
8/23/19
The Beacon La Costa, a 123k sf, upscale retail center in Carlsbad, was purchased by Asana Partners in a recent $57.6 mil ($468/sf) in an off-market transaction. The center is located at 7710-7770 El Camino Real, east of I-5 a...
|
• Kearny Mesa Office Property Replaced by State-of-the-Art Industrial Facility
8/22/19
A three-story, 35k sf office complex in Kearny Mesa has been demolished and replaced by a new, state-of-the-art industrial building. The new building replaces a 1980 vintage office building with tight parking that had been re...
|
• Mixed-Use Project Planned for Mission Bay
8/19/19
Protea Properties is planning to build a new mixed-use project along the Morena Blvd corridor in San Diego’s Mission Bay. The project, called Bayview Plaza, is expected to add 156 res units and 40k sf of commercial space at ...
|
• Vacant Industrial Building in Carlsbad Goes for $179/sf
8/13/19
Chicago-based First Industrial Acquisitions II LLC purchased a 40.8k sf, Class A industrial property in Carlsbad for $7.3 mil ($179/sf). The seller was the Gemological Institute of America Inc, the property’s former occupant ...
|
• Commercial Real Estate Financing Briefs
8/13/19
MERIDIAN CAPITAL GROUP - Seth Grossman, Steven Adler and Jackie Tran with Meridian Capital Group arranged $23.1 mil in acquisition financing for the purchase of the Hilton Garden Inn San Diego Mission Valley Stadium hotel. Lo...
|
• Apartment Building in Downtown Oceanside Sells for $317k/Unit
8/09/19
A 12-unit apartment complex in downtown Oceanside sold for $3.8 mil, or $317k/unit. Located at 202 S. Nevada St, the property was acquired by Home 619 LLC. The seller was Goldman Family Trust.
202 S. Nevada is a transit-ori...
|
• Initial Phase of Renovations Completed at San Diego Area Office Building
8/09/19
Scientific Investments, L.P. has completed the first phase of renovations at High Bluff Del Mar, a 72.7k sf office building in San Diego’s Del Mar Heights area. The building is located at 12555 High Bluff Dr, just minutes fro...
|
• Stos Partners and Long Wharf Capital Spend $13.9 Mil on Two Industrial Assets in the San Diego Area
8/07/19
Stos Partners has teamed up with Boston-based Long Wharf Capital in the acquisition of two San Diego-area industrial assets. The transactions consisted of a 70.2k sf property in Carlsbad and a 27.5k sf property in Miramar for...
|
• BLT Wraps Up Re-Do of Carlsbad Industrial Facility
8/07/19
BLT Enterprises has completed renovations of a 60k sf industrial building in Carlsbad. The property, located at 5940 Darwin Ct, the property is situated within Carlsbad Research Center, adjacent to McClellan-Palomar Airport. ...
|
• Hill Properties Acquires San Diego Area Biz Campus with Immediate Value-Add Opportunity
8/05/19
Futura Business Park, a three-building multi-tenant office property totaling 51.2k sf in the Kearny Mesa submarket of San Diego, sold for $11.2 mil ($219/sf). The buyer was Hill Properties, out of La Jolla.
Located at 9445, ...
|
• Badiee Development Begins Work on Carlsbad Industrial Facility
8/02/19
Badiee Development began construction on Carlsbad Innovate, the firm’s latest industrial development located in the Carlsbad Oaks North Business Park in Carlsbad. The freestanding building, which will provide 50.2k sf of cust...
|
• Procopio Renews 126k sf Downtown San Diego Office Space
7/31/19
Procopio, a full-service business law firm, has has inked an extension lease for its 126k sf office space in Downtown San Diego. Procopio expanded its lease, which was set to expire in November of 2022, by five years under th...
|
• Apartment Property in San Diego’s Mission Hills Sells for $200k/Unit
7/31/19
In a recent multifamily sales comp from the Mission Hills area of San Diego, a 24-unit complex sold for $4.85 mil, or $202k/unit. Located at 2810 Union St, the property is composed entirely of studio units.
Following the sal...
|
• San Diego Industrial Property Acquired for $16.3 Mil as Upleg in an Exchange
7/23/19
In a recent industrial property sale in the San Diego area, an LA-based family investment entity paid $16.3 mil for a fully leased, 72.2k sf ($225/sf) facility adjacent to Mission Bay. The asset was sold by Lincoln Property C...
|
• DMJ Capital Partners Spends $4 Mil on Value-Add Multifamily Building in San Diego’s Bankers Hill Neighborhood
7/23/19
San Diego-based DMJ Capital Partners, has purchased a value-add multifamily project consisting of a single, seven-unit building for $4 mil. The property is located at 2308 Albatross St in the Bankers Hill neighborhood, just m...
|
• Oceanside Hotel Lands $20 Mil Refi
7/22/19
The SpringHill Suites by Marriott San Diego Oceanside/Downtown, a 149-room hotel in downtown Oceanside, has been refinanced with a new loan for $20.7 mil. Built in 2014, the all-suite, LEED-certified Silver, select-service ho...
|
Return to the Southern California - San Diego area
