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• Washington Capital Management Buys San Diego Industrial Facility
2/08/19
Washington Capital Management acquired Trolley Industrial Center, a 105.5k sf, multi-tenant industrial building in San Diego’s South Bay submarket. The price was not disclosed.
Situated on 5.1 acres at 1330 30th St, Trolley ...
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• Bridge Investment Group Spends $19 Mil on San Diego Office Complex
2/08/19
Bridge Investment Group paid $18.85 mil for Cornerstone Plaza, a two-building multi-tenant office campus totaling 97.3k sf ($194/sf) in the heart of the Sorrento Mesa submarket of San Diego. The property was sold by Omninet.
...
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• Affirmed Housing Buys Vacant Parcel in Downtown San Diego
2/07/19
Affirmed Housing Group has acquired a 10k sf parcel in Downtown San Diego for $3.75 mil. The site, at the southeast, corner of Front and Beech Streets, adjacent to the city’s Little Italy neighborhood, was sold by Central Aut...
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• San Diego Area Library Project Finished
2/06/19
Mission Hills‐Hillcrest Harley & Bessie Knox Public Library has been completed. The new one-story, 15k sf building is four times the size of the former library and will serve the Mission Hills and Hillcrest neighborhood...
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• Del Rey Avocado Company Spends $7.8 Mil for Vista Industrial Facility
2/05/19
Del Rey Avocado Company paid $7.8 mil for a 41.9k sf ($186/sf) industrial property in San Diego County. The property, located at 1390 Engineer St, south of Hwy 78 off Sycamore Ave in Vista, was sold by Vista Carlsbad, LLC, a ...
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• BKM Capital Partners Closes on Third of Three Recent Light Industrial Portfolio Buys that Total Over $138 Mil
2/04/19
BKM Capital Partners acquired a two-property portfolio in San Diego for $16.6 mil. For BKM, this purchase is one of three recent light industrial multi-tenant portfolio acquisitions, which encompass more than 769.4k sf for a ...
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• Longfellow Real Estate Partners Buys 38k sf of Life Science Space in San Diego
2/04/19
Longfellow Real Estate Partners has acquired The Roselle campus, two life science buildings in San Diego totaling 37.6k sf. The buildings were sold by Parallel Capital Partners for $15.5 mil.
The building at 10575 Roselle St...
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• Principals from Peregrine Realty Partners Buy 65k sf Office Building in Carlsbad
2/01/19
Carlsbad Airport Plaza, a three-story, 64.8k sf office property in Carlsbad, sold for $14 mil, or $216/sf. The buyer was a limited partnership controlled by the principals of commercial real estate firm Peregrine Realty Part...
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• Creative Office Project in San Diego Financed with $19.5 Mil Loan
1/31/19
EverWest Real Estate Partners has landed $19.5 mil in financing for Del Mar Corporate Plaza, two newly renovated office buildings totaling 73.6k sf in San Diego. Chris Collins of HFF arranged the 10-year, 4.54% fixed-rate acq...
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• San Diego Industrial Market Explodes with Nearly 2 MSF Growth in 2018, as Rents Reach Record High
1/29/19
This report was provided by real estate services firm Cushman & Wakefield
San Diego’s industrial sector saw occupancy growth explode in 2018, achieving nearly 2 msf of net absorption. The annualized figure for 2018 more than...
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• Carlsbad Retail Building Trades for $552/sf
1/29/19
A 6.7k sf, multi-tenant retail building in Carlsbad sold for $3.7 mil, or $552/sf. The property, located at 457 Carlsbad Village Dr, midway between the ocean and I-5, was purchased by Equity Three Properties LLC, a subsidiary...
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• S. D. Malkin Properties to Build Two Beachfront Hotels Totaling 387 Rooms in Oceanside
1/25/19
S. D. Malkin Properties has secured $155 mil in construction financing for the ground-up development of two oceanfront hotels in Oceanside. The loans were arranged by HFF and placed with Bank OZK and an East Coast-based insti...
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• SVN Expands Its SoCal Footprint with Two New Partner Firm Arrangements
1/24/19
SVN International Corp has completed two industry moves with new SoCal partner firms as part of the company’s capital investment based growth strategy plans. In one move, SVN has merged ECP Commercial into the San Diego offi...
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• KKR Spends $24.8 Mil on San Diego-Area Biz Park
1/22/19
KKR has acquired Haffley Industrial Park, a fully leased, two-building industrial park totaling 146.7k sf in the San Diego-area community of National City. The asset was sold by Presidio Property Trust for $24.8 mil ($169/sf)...
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• FABRIC Finds Renovation Gem in LAGOON
1/09/19
FABRIC Investments, an Encinitas-based real estate development firm, has acquired a 15k sf, office/retail building in Oceanside for $3.75 mil ($250/sf). The two-story, multi-tenant building is located at 2110 South Coast Hwy....
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• Apartment Property in San Diego’s North Park Neighborhood Fetches $177k/Unit
12/31/18
A 25-unit residential complex in the San Diego neighborhood of North Park sold for $4.425 mil, or $177k/unit. The 12k sf property is situated on a 14k sf lot at 4025 Cherokee Ave.
The property, which is located just north of...
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• Industrial Facility in Vista Sells for $24.7 Mil
12/20/18
A 135k sf, single-tenant industrial facility in Vista sold for $24.7 mil ($183/sf). The building, located at 2710 Progress St, north of San Marcos Blvd and southwest of Hwy 78, is fully leased to longstanding tenant Captek So...
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• Life Science Properties in San Diego Refinanced with New $70 Mil Loan
12/19/18
Bioscience Properties Inc and Singerman Real Estate LLC have secured $70.5 mil in financing on a two-property, 230k sf life science portfolio in San Diego’s Sorrento Mesa area. Loan proceeds are being used to convert the buil...
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• Exchange Investor Nabs Chula Vista Industrial Condo Unit
12/14/18
A 7.8k sf office building in Chula Vista sold for $2.575 mil, or $330/sf. The property is located at 2080 Otay Lakes Rd, just west of Hwy 128.
Earlier this year, Loan Depot, a national credit tenant, signed a long-term lease...
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• Investors Pay $5.5 Mil for Mixed-Use Property in Oceanside
12/14/18
A retail/residential mixed-use property in Oceanside sold for $5.475 mil. The asset is located at 502-508 Sportfisher Drive and 510 N Coast Hwy, about midway between I-5 and the ocean.
The property consists of 16 residential...
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