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• Pacific Urban Investors Picks Up 250 Res Units in Downtown San Diego
1/28/25
Pacific Urban Investors acquired two multifamily communities in downtown San Diego totaling 251 units. The properties –– are located at 655 Sixth Ave and 677 Seventh Ave, respectively.
Both properties were completed in the ...
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• Desirable Redevelopment Site in Mission Valley Trades
1/28/25
A 9.3-acre site in Mission Valley that contains a 185k sf former department store structure was acquired by a joint venture between Jofa Capital,LLC and BLT Enterprises. The price was not given out.
Situated adjacent to the ...
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• Planned Res Development in San Diego’s North Park Lands $46.5 Mil in Construction Money
1/24/25
Murfey Company has landed $46.5 mil in construction financing for Stella Apartments, a 149-unit multifamily development project in San Diego.
Stella Apartments, located at 3104 El Cajon Blvd in San Diego's North Park neighbo...
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• Two Industrial Sales in Poway Total $7.4 Mil
1/21/25
Coastal Holdings Group recently closed on the $4.1 mil purchase of an 11.1k sf ($369/sf) industrial building in Poway. The property, located at 13851 Danielson, was sold by Bergo Enterprises. Coastal Holdings Group will be us...
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• Expansion Lease by Foxx Development Brings Otay Mesa Industrial Development to 100% Leased
1/17/25
Britannia Tech Park, a newly constructed, 203.2k sf Class A industrial development in San Diego’s Otay Mesa submarket, is now 100% leased. The final tenant is Irvine-based Foxx Development Inc. which signed a long-term lease ...
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• San Marcos Industrial Building Sells for $373/sf
1/14/25
A freestanding, 5.5k sf industrial building in San Marcos traded for $2.05 mil ($373/sf). The property, located at 110 Venture St, was acquired by North City Enterprise LLC acquired the building for the expansion and relocati...
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• Sunroad Secures New $188 Mil Loan on San Diego Res Community
1/14/25
Sunroad Enterprises has obtained a new, $188 mil loan for Vive Luxe, a 442-unit multi-housing community in San Diego. Vive Luxe, nestled at 4890 Sunroad Centrum Ln in the Kearny Mesa submarket, offers a prime location approxi...
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• Carlsbad Industrial Building Sells for $395/sf
1/13/25
Eldridge Enterprise Holdings LLC paid $1.74 mil for a 4.4k sf ($395/sf) industrial building in Carlsbad. Eldridge will use the building, located at 3226 Grey Hawk Court, to expand its communication technology company. Move in...
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• San Diego’s Industrial Market Faces Mixed Signals Entering 2025
1/08/25
This report provided by real estate services firm Kidder Mathews
Market Highlights
• Quarterly Leasing Volume fell YOY and QOQ to 1.2 msf
• Asking Rental Rates fell 3.5% YOY to $1.64/sf NNN
• Cumulative Sales Volume saw a...
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• Carlsbad Industrial Property Acquired by Owner/User in $6.26 Mil Deal
1/06/25
A 21.5k sf, multi-tenant industrial building in Carlsbad traded for $6.26 mil, or $291/sf. The property is located at 5924 Balfour Ct, west of El Camino Real and south of College Blvd.
The asset was purchased by Yunqun LLC, ...
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• Oceanside Development Parcel Sells for $5.2 Mil
1/02/25
A 2.71-acre land parcel in Oceanside sold for $5.2 mil. The property is located at the northwest corner of Jones Road and Benet Road in Oceanside.
The buyer, North County Transit District (NCTD), a San Diego public transpor...
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• San Diego Modular Affordable Housing Project Lands $112 Mil in Financing
12/30/24
Impact Housing and Verbena Road Holdings have obtained $112.225 mil in financing for the development of Mission Gorge, a modular, affordable housing multifamily development in San Diego. The financing consists of an $85.225 m...
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• Oceanside Apartment Portfolio Sells in Four Deals Totaling $14.5 Mil
12/23/24
A 27-unit multifamily portfolio in Oceanside has sold in multiple transactions totaling $14.5 mil. The portfolio consists of five parcels that were sold in four transactions to separate buyers.
The properties are located at...
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• Chula Vista Office Building Trades in $29.5 Mil Deal
12/17/24
In a recent office property sale in San Diego County, The Plaza at Eastlake, a 132.7k sf, Class A building in Chula Vista, sold for $29.5 mil, or $222/sf. The property was 94% occupied at the time of the sale.
The structure,...
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• Colliers Awarded Leasing Assignment for 546k sf Symphony Towers in Downtown San Diego
12/16/24
The leasing assignment for Symphony Towers in the historic Financial District of Downtown San Diego has been awarded to Colliers. Chris High, Steve Bruce and Conor Evans with Colliers will lead the marketing efforts for the p...
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• Steel Peak Spends $2.6 Mil on San Diego Industrial Outdoor Storage Property
12/13/24
Steel Peak has acquired an industrial outdoor storage (IOS) property in San Diego for $2.62 mil. The property, located at 6975 Camino Maquiladora, consists of a 6.2k sf industrial building and expansive concrete fenced yard o...
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• ORKA Holdings Buys 15-Unit Apartment Property in Oceanside
12/13/24
In a recent multifamily comp from north San Diego County, ORKA Holdings purchased El Jugador, a 15-unit property in Oceanside. Although we don’t have the price, we can tell you that the purchase was financed with a $4 mil acq...
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• BKM Capital Partners Completes $76.9 Mil Recapitalization of Three San Diego Properties
12/12/24
BKM Capital Partners has recapitalized three San Diego business parks from its BKM Industrial Value Fund II, LP with Tokyu Land US Corporation for $76.9 mil. The transaction represents the first joint venture between BKM and ...
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• Sorrento Mesa Office Property Sells for $180/sf
12/10/24
A 67.1k sf, three-story office building in Sorrento Mesa sold for $12.05 mil ($180/sf). The property is located at 6060 Cornerstone Court W, in the prime life science submarket within Sorrento Mesa.
The buyer, San Diego-base...
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• Solana Beach Retail Center Fetches $895/sf
12/06/24
212 South Cedros, a premier 16.7k sf, specialty retail center in Solana Beach, sold for $14.95 mil ($895/sf). The two-building property is situated on 0.92 acres at 142-212 South Cedros Ave, within the Cedros Avenue Design Di...
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