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• San Diego Creative Office Campus Gets New Owner in $20 Mil Deal
10/17/18
Crown Realty & Development paid $20.4 mil for The Oberlin, a three-building, 62.4k sf creative office campus in San Diego. The complex, located at 5889, 5893 and 5987 Oberlin Drive in the Sorrento Mesa area, was sold by Bixby...
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• Office Market Continues on Solid Ground for San Diego
10/16/18
This report was provided to us by the San Diego office of real estate services firm Cushman & Wakefield.
Cushman & Wakefield’s newly released office market report for San Diego showed overall market fundamentals remain on so...
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• Virtu Investments Buys 168-Unit Property in San Marcos
10/15/18
October 15, 2018 - Virtu Investments Buys 168-Unit Property in San Marcos
Acquisition is of Barham Villas
Virtu Investments LLC purchased Barham Villas, a 168-unit complex in San Marcos. The property, situated on 9.88 acres ...
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• Sunroad Enterprises and Majestic Realty Company Break Ground on San Diego Industrial Development
10/10/18
Sunroad Enterprises and Majestic Realty Co have broken ground on Majestic Sunroad Center, a 227k sf, Class A, three-building, industrial development located in San Diego’s Otay Mesa neighborhood. The development is located o...
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• San Diego Office Building Demolished for Construction of a New Industrial Facility
10/03/18
Pacific Southwest Mortgage has completed the demolition of an existing, three-story office building located at 8840 Complex Dr in San Diego’s Kearny Mesa submarket, to make way for a new, state-of-the-art industrial building....
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• Apartment Building in San Diego’s Mission Bay Sells for $312k/Unit
10/01/18
Sandpiper Apartments, a 16-unit multifamily building in San Diego, sold for $5 mil, or $312.5k/unit. Located at 715 Cohasset Ct, west of Seaworld in Mission Bay, Sandpiper is one of the largest multifamily properties that is ...
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• San Diego Industrial Portfolio Sells in $170 Mil Transaction
10/01/18
A portfolio totaling more than 1 msf of Class A, industrial assets in San Diego County sold for $170 mil in a recent transaction. The properties were sold by RAF Pacifica Group. The buyer was not named.
The portfolio consist...
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• The Irvine Company Buys 300k sf San Diego Office Complex
9/26/18
The Irvine Company has closed on a trophy-quality, San Diego office buy, acquiring Sunroad Corporate Center, a three-building 302.3k sf office property situated in the heart of the city’s University Town Center area. The asse...
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• Retail Asset Near San Diego International Airport Sells for $2.4 Mil
9/25/18
A two-story, net-leased retail property located in Downtown San Diego sold for $2.38 mil. The property is located at 3338 Kettner Blvd, between I-5 and Pacific Hwy, adjacent to San Diego International Airport.
Marc Posthumu...
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• San Diego Life Science/Office Property Refinanced with $25 Mil Loan
9/24/18
Harbert Management Corporation and Cypress Office Properties have refinanced Oberlin Tech, a 105.6k sf life science and office property in San Diego’s Sorrento Valley area. Oberlin Tech is located at 5555, 5601, 5626 and 5627...
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• City of Solana Beach Buys Land Parcel to Expand Public Beach Space
9/24/18
The City of Solana Beach has acquired a 29k sf land parcel in the Eden Gardens neighborhood of Solana Beach for $2.8 mil. The property is located at 700 Stevens Ave, just west of I-5.
Victor Krebs of Colliers International ...
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• Retail Property in San Diego’s North Park Area Sells for Just Under $4 Mil
9/24/18
A 9k sf retail property in San Diego’s North Park area sold for $3.975 mil ($442/sf). The two-tenant, 100% occupied asset is located at 2801 - 2811 University Ave, south of I-8 and west of I-805.
The two tenants at the store...
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• Private Investor Picks Up 75-Unit Multifamily Property in La Mesa
9/20/18
Palm Spring Apartments, a 68.2k sf, 75-unit apartment property located in La Mesa, traded hands in a recent deal for an undisclosed price. It was sold by La Jolla-based seller L&M Properties
The property is located on a 3.59...
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• Construction Started on 100k sf Life Science Building in San Diego’s UTC Submarket
9/17/18
Phase 3 Real Estate Partners has begun construction at 4224 Campus Point Court, a two-story, 102k sf building within GENESIS Campus Point. GENESIS Campus Point is a three-building, 314.1k sf life science campus in the UTC su...
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• Sukut Real Properties Acquires 294k sf San Diego Area Industrial Property
9/14/18
Mira Mesa Distribution Center, a 293.8k sf, multi-building distribution park in San Diego, has been acquired by Orange County-based Sukut Real Properties. The multi-tenant industrial project is located in the heart of the Sor...
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• Escondido Industrial Building Acquired by 4S Properties – Saddleback Associates for $173/sf
9/14/18
4S Properties – Saddleback Associates, out of Orange County, has acquired a 20.8k sf industrial building in Escondido for $3.6 mil, or $173/sf. The freestanding property is located at 2063 Wineridge Place, west of I-15 and so...
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• Investor Nabs Two Encinitas Coastal Apartment Properties for $10 Mil
9/13/18
A private investor has acquired a pair of multifamily properties totaling 24 units in Encinitas for $10 mil, or $417k/unit. Located within walking distance of one another, the properties consist of two identical two-story apa...
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• Maravai LifeSciences Leases 95k sf in Sorrento Valley
9/13/18
Maravai LifeSciences inked an expansion/relocation lease for 95k sf of space within a 180k sf facility in San Diego’s Sorrento Valley area. The space will house the current local staff of more than 150 for Maravai’s TriLink B...
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• Mission Valley Office Campus Fetches $20 Mil
9/11/18
35 North, a newly-renovated, 94.7k sf multi-tenant office campus in Mission Valley, was acquired by CIF Group for $19.75 mil ($209/sf). The asset was sold by a partnership between San Diego-based Cypress Office Properties and...
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• Otay Mesa Industrial Portfolio Trades Hands
9/05/18
BKM Capital Partners has completed the acquisition of Otay Mesa Industrial Portfolio, a six-property industrial portfolio that encompasses 14 buildings totaling 703.2k sf of space in San Diego’s Otay Mesa submarket. The multi...
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