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• Raintree Partners Acquires 333-Unit Res Property in San Diego’s UTC
2/25/19
Regents La Jolla, a 333-unit, mid-rise multi-housing building in La Jolla, was purchased by Raintree Partners. The property, situated on approximately 8.48 acres at 9253 Regents Rd, was sold by LaSalle Investment Management ...
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• San Diego Office Market Ends the Year with Tight Supply
2/19/19
This report was provided to us by Patrick Ashton, Senior Research Analyst with the San Diego office of JLL
The San Diego office market had another robust year of demand, totaling 902.6k sf of positive net absorption and exce...
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• Older San Diego Apartment Property Fetches $18 Mil
2/14/19
Willow Glen Apartments, a 97-unit multifamily property in San Diego, has sold for $17.9 mil ($184.5k/unit). The property is located at 3635-75 College Ave, east of I-15 and north of Hwy 94 in the Rolando section of the city.
...
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• Carlsbad Flex Building Trades Hands in $2.55 Mil Transaction
2/13/19
A 14.6k sf, freestanding multi-tenant flex/industrial property in Carlsbad has been acquired by a private investor for approximately $2.55 mil, or $175/sf. The single-story building is located at 2768 Loker Ave, east of El Ca...
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• San Diego Apartment Sales Comp Comes in at $125k/Unit
2/13/19
A 20-unit apartment complex in San Diego’s City Heights neighborhood sold for $2.5 mil, or $125k/unit. The 11.9k sf property is situated on a 23k sf lot at 4348 53rd St, east of I-15 and just south of El Cajon Blvd.
Constru...
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• Two SoCal Restaurant Properties Sold in Deals Worth over $5 Mil
2/13/19
Two SoCal QSR restaurants have sold in recent deals with a combined value of $5.3 mil. The transactions were for a Panera Bread in Lake Elsinore and a DogHaus Restaurant & Brewery in Vista.
Panera Bread, a newly constructed ...
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• IDS Real Estate Group and Lionstone Investments Spend $76.8 Mil on Four Office Buildings in San Diego
2/12/19
A partnership between IDS Real Estate Group and Lionstone Investments has acquired four Class A office buildings totaling 181.2k sf within the Liberty Station mixed-use development in San Diego for $76.8 mil ($424/sf). The as...
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• Carlsbad Office Building Trades for $197/sf
2/11/19
Palomar Triad, a 46.6k sf, multi-tenant Class A office building in Carlsbad, has sold for just over $9.2 mil, or $197/sf. Originally developed in 1987 and extensively renovated in 2013, the three-story property was purchased ...
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• Boutique Office Project Finished in Escondido
2/11/19
Watermen Investments has completed an 8.8k sf boutique office project in the heart of downtown Escondido. The project, located at 704 E. Grand, entailed overhauling an outdated 1970’s building, taking it down to the studs and...
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• Save the Date => March 21 is RENTV's San Diego State of the Market Conference
2/10/19
Don't miss this opportunity to hear and network with many of the leading commercial real estate pros in San Diego, who will discuss the region's office, industrial, retail and multifamily markets for 2019.
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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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