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February 28, 2024
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SAN DIEGO HEADLINES
Mixed-Use Building in San Diego’s East Village Offered at $8 Mil
2/20/24
Four-story structure comprised of creative office space over retail

A Collaborative of San Diego Design Leaders Reinvigorates the Design Center, Introduces Futuro Space
2/13/24
Collection of new gathering spaces named for iconic Futuro House of the 1970s



Commercial Real Estate Financing Briefs
2/08/24
Recent transactions from George Smith Partners, CBRE and Bridgecore

Chula Vista Multifamily Property Trades for $116 Mil
2/06/24
273-unit Pulse Millenia goes for $425k/unit

San Diego Flex Biz Park Sells for $45 Mil
2/05/24
Purchase of 139k sf Sorrento View Business Park works out to $323/sf

Work Finished on $2 Mil Renovation of Scripps Ranch Office Property
1/26/24
121k sf Canvas on Willow owned by Sason

Single-Tenant Raising Cane’s in Imperial Beach Sells for $5.7 Mil
1/24/24
New construction asset picked up by NoCal investor

Overseas Investor Spends $8 Mil on Office Building in San Diego’s Rancho Bernardo Area
1/19/24
25k sf structure sits on just over two acres

Chestnut Properties lands $91 Mil in Construction Money for El Cajon Industrial Project
1/10/24
Gantry arranges loan for 386k sf Gillespie Field iPark

EQT Exeter Buys 202k sf Industrial Project in Chula Vista
1/10/24
Three-building asset was developed and sold by Rockefeller Group

San Diego Apartment Comp Works Out to $425k/Unit
1/02/24
Six-unit property is in the city’s North Park neighborhood

Strong Demand for Retail, Restaurant Space in San Diego County Predicted for 2024
12/18/23
Forecast comments from Urban Property Group note that small scale development and tourism will maintain influence on the sector in the region

Family Health Centers Pays $525/sf for San Diego Building
12/15/23
21k sf structure was built in 1977

Vista Office Complex Fetches $29 Mil
12/08/23
Exchange investor pays $287/sf for two-building, 102k sf property

San Diego Gas & Electric Company Leases 3.9-Acre Site in Miramar
12/06/23
Storage yard includes a 6.3k sf structure

ESET and Northwestern Mutual Take Full floors at Downtown San Diego Office Building
11/30/23
10-year deals total 45k sf at 655 West Broadway

SoCal Dutch Bros Building Sells for $2,737/sf
11/27/23
Private investor pays $2.6 mil for newly constructed, NNN-leased property in Escondido

Escondido Apartment Comp Works Out to $282k/Unit
11/14/23
Investor spends $1.4 mil on five-unit property

Owner/User Spends $4.24 Mil on Industrial Building in Vista
11/13/23
15k sf property sits on over two acres

Encinitas Office/Retail Building Sells for $1,800/sf
11/09/23
1.5k sf property is walking distance to Moonlight Beach

Harbor Associates Venture Spends $21 Mil on Carlsbad Industrial Buy
11/02/23
Deal is for two buildings totaling 102k sf within Carlsbad Research Center

Encinitas Retail Center Acquired in $26 Mil Transaction
11/01/23
60k sf Rancho Santa Plaza goes for $430/sf

Burke Real Estate Group Buys 54k sf Distribution Facility in Kearny Mesa
10/24/23
Class A building fully occupied by two tenants

National City Church Property Trades in $4 Mil Exchange
10/23/23
Transaction includes a sanctuary and an adjacent building covering an entire block

GK Dermatology and Med Spa Buys 10k sf Retail Building in San Diego
10/16/23
Deal works out to $525/sf

Second Half of 432k sf San Diego Industrial Portfolio Sale Completed
10/13/23
Latest trade is for 203k sf Brown Field Tech Park II in Otay Mesa

Restaurant Property in San Diego’s Rancho Bernardo Area Sells for $3.9 Mil
10/12/23
Buyer to use the building for a new Indian restaurant

Construction Underway on New Res Project in San Diego’s Linda Vista Neighborhood
10/11/23
47-unit Citrino is solar-powered

Carlsbad Office Building Purchased by Local Owner/User for $337/sf
10/09/23
Trade is of a 13k sf structure

Commercial Real Estate Financing Briefs
10/06/23
$73 mil of recent transactions from Northmarq, Gantry and Kairos Investment Management Company

San Diego Industrial Leasing Sees Decline in 3rd Quarter
10/05/23
Kidder Mathews shares update on the sector



 


 
 


 
 



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