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• 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...
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• 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...
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• 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...
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• 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 ...
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• 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...
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• 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.
...
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• 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...
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• 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...
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• 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...
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• 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...
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• 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...
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• 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...
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• 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...
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• 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...
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• 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,...
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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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