|
• Owner/User Buys Industrial Facility in Vista
11/19/18
A freestanding 9.2k sf industrial building in Vista was purchased by an owner-user for $1.79 mil ($195/sf). The buyer was Ki’s Kitchens, a privately-owned commercial kitchen company based in San Diego’s North County.
The hig...
|
• Rexford Industrial Realty Spends $40 Mil on Two SoCal Assets
11/16/18
Rexford Industrial Realty Inc recently picked up two SoCal industrial properties for a combined $40.3 mil. The acquisitions were funded using available cash on hand. With these deals, Rexford has completed over $411 mil of ac...
|
• Cruzan Buys Carlsbad Biz Park
11/15/18
Cruzan purchased Carlsbad Commercial Center, an eight-building business park in Carlsbad. The price was not disclosed.
The complex, located at 5205-5375 Avenida Encinas, was 92% leased at the time of sale. Built in 1982, th...
|
• Westcore Properties Buys 6.6 Acres of Development Land in San Diego
11/15/18
Westcore Properties has acquired 6.64 acres of land in San Diego that is zoned for light industrial, office or commercial uses. Westcore is working to entitle the land for development of build-to-suit corporate facilities and...
|
• San Diego Unified School District Buys 54k sf Kearny Mesa Facility
11/14/18
San Diego Unified School District purchased a 54k sf R&D/flex building in Kearny Mesa for $18 mil, or $330/sf. The property, located at 5454 Ruffin Rd, was sold by BLT Enterprises.
BLT acquired the asset in 2017 and, since t...
|
• Apartment Building in San Diego’s University Heights goes for $287k/Unit
11/12/18
An eight-unit complex in the University Heights neighborhood of San Diego sold for $2.3 mil ($287.5k/unit). The buyer was San Diego-based Cardiff Coastal Properties LLC.
The 6.4k sf building is situated on a 6.7k sf lot loca...
|
• DMJ Partners Spends $5.5 Mil on 12-Unit Res Asset in San Diego’s Pacific Beach
11/09/18
DMJ Partners has purchased a value-add multi-family project in San Diego’s Pacific Beach consisting of five buildings with 12 units for $5.5 mil ($458k/unit). The project is located at 3929-3933 Gresham S and 3958-3966 Rivie...
|
• Longfellow Real Estate Partners Spends $112 Mil on 12-Building Office/Lab Portfolio in San Diego’s Sorrento Valley
11/07/18
Boston-based Longfellow Real Estate Partners has acquired the Inspire Portfolio, a 12-building, 319k sf commercial office/lab portfolio in San Diego’s Sorrento Valley area, for $112 mil ($351/sf). The properties, currently 95...
|
• Renovation of Class A Office Tower in San Diego’s Mission Valley is Finished
11/07/18
The Casey Brown Company has completed a $6 mil renovation of Tower 591, a 12-story, 183k sf, Class A office tower in San Diego’s Mission Valley area. The property, formerly known as Valley Corporate Center, is located at 591 ...
|
• California Western School of Law Buys Parcel in Downtown San Diego
11/02/18
California Western School of Law has acquired a 15k sf development parcel in downtown San Diego for $5.6 mil ($373/sf). The property is located at the corner of 2nd Ave and Cedar St. It is adjacent to California Western’s cur...
|
• Two San Diego Office Properties Traded in Deals Worth over $44 Mil
10/31/18
Two office properties totaling 143.5k sf in San Diego County were sold in separate deals with a combined value of $44.4 mil. The properties, located in Carlsbad and Rancho Bernardo, were both sold by Davlyn Investments Inc.
...
|
• Oceanside Mixed-Use Property Sells for $292/sf
10/31/18
Mission 101, an 18.5k sf retail and office mixed-use property in Oceanside, has sold for $5.4 mil ($292/sf).
Mission 101 is located in the heart of at 501 Mission Ave and 126 N Coast Hwy, in the heart of the city’s downtown...
|
• Spaces Leases Three Floors at Downtown San Diego Office Building
10/31/18
Coworking firm Spaces agreed to a lease for three full floors totaling 43.5k sf at 1420 Kettner Blvd, a seven-story office building in San Diego’s Little Italy. Terms of the lease, for the first three floors, were not disclos...
|
• Shorenstein Properties Purchases 565k sf of Class A Office Space in San Diego
10/29/18
Shorenstein Properties LLC has acquired Sorrento Towers North & South, consisting of two Class A office projects in San Diego totaling 565k sf in four buildings. Prominently located at the intersection of Interstates 5 and 80...
|
• Fallbrook Multifamily Community Trades for $144k/Unit
10/27/18
Casa Loma, a 48-unit multifamily community in Fallbrook, was purchased for $6.9 mil ($144k/unit) by Efren R. Cota Ltd, a private investment company. The property was sold by Woodspear Properties as part of a 1031 exchange.
B...
|
• IDS Real Estate Group Affiliate Buys 545k sf Industrial Portfolio in San Diego
10/26/18
A four-building industrial portfolio totaling 544.9k sf in San Diego’s Otay Mesa submarket was acquired by an affiliate of IDS Real Estate Group. The price was not given out.
Situated on 28.1 acres within the Siempre Viva B...
|
• Rexford Industrial Realty Makes $10 Mil Acquisition in Oceanside
10/25/18
Rexford Industrial Realty Inc purchased a three-building, 73.7k sf industrial property in Oceanside for $10.2 mil ($138/sf). The acquisition was funded with cash on hand.
The acquisition consists of three separate land parce...
|
• Draftsmen & Craftsmen
10/25/18
Construction is finished on AMP&RSAND, a 330k sf, Class A creative office center located on San Diego Union-Tribune’s former headquarters in the Mission Valley area of San Diego. The project, a development of Casey Brown Comp...
|
• 24 Hour Fitness Signs Lease at San Carlos Village Shopping Center
10/24/18
Fitness chain 24 Hour Fitness has inked a lease for 38k sf of anchor space at San Carlos Village shopping center in eastern San Diego. Joining a vibrant roster of tenants, 24 Hour Fitness will be backfilling the former LA Fit...
|
• BLT Enterprises Completes 64k sf Industrial Facility in San Diego
10/22/18
BLT Enterprises has completed construction on a 63.8k sf, spec industrial building in the Kearny Mesa area of San Diego. The new, $12 mil development features an all concrete and steel structure, 30 ft. minimum clear heights,...
|
Return to the Southern California - San Diego area
