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• Draftsmen & Craftsmen 12/05/08 A couple of the latest Draftsmen & Craftsmen tidbits that we’ve heard about recently involve Johnson & Jennings General Contracting and H. Hendy Associates. We’ll begin with news from Johnson & Jennings, which just completed ...
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• HG Fenton Spends $8.6 Mil on Kearny Mesa Biz Park 12/04/08 H.G. Fenton Property Company continues to grow its office and industrial real estate portfolio, as the San Diego-based company recently closed on an $8.6 mil purchase of Ruffin Road Business Park, a 45.8k sf ($188/sf), two-bu...
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• Don’t Overlook The Cliffs 12/03/08 Investors looking for a unique San Diego-area residential opportunity might want to check out The Cliffs, a 262-site manufactured home community for seniors which was recently listed for sale with an asking price of $35 mil (...
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• New School Fits into the Master Plan at 108-Acre Santee Development 12/02/08 The City of Santee approved a conditional use permit for the development of a 47.7k sf build-to-suit educational building at RiverView at Santee. Scheduled for completion in time for the school year starting September 2009, ...
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• Townsite Makes a Good Multifamily Investment Site 11/26/08 Townsite Apartments, a fully occupied, 34-unit, 28.2k sf apartment building located at 131 Townsite Dr, north of the Hwy 78 and just east of Santa Fe Ave in Vista, was sold in a $3.6 mil ($105.9k/unit) deal. The property, wh...
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• Smaller Office Properties in Rancho Bernardo and Poway Fetch Prices Near $300/sf 11/24/08 And in another Poway sale, from a month or so ago, a 21k sf industrial facility at 13615 Stowe Dr, north of Scripps Poway Pkwy and east of Community Rd, was purchased by Josam Properties LLC for $4.2 mil ($200/sf). Built in 1...
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• CamelBak Takes 124k sf Piper Ranch Facility 11/21/08 CamelBak Products LLC, the originator and a world leader in hands-free hydration systems, recently inked a seven-year lease for roughly 124k sf of warehouse/distribution space in Otay Mesa, in a deal that allows for expansion...
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• Trigild Appointed Receiver for Eight Properties Across the Country 11/17/08 Trigild, a distressed property management, loan recovery and real estate receivership specialist headquartered in San Diego, has been appointed receiver for eight residential and hospitality projects -- in Seattle, Fresno, Pe...
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• Mad Dog Lands on Park Place 11/14/08 Construction was recently completed on Park Place South, a new office condo project located in San Marcos’ central business district. The development saw two recent sales, as Mad Dog Holdings LLC recently purchased a 1.5k sf ...
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• UTC Office Lease Calls for More Creative Leadership 11/11/08 The Center for Creative Leadership, a leadership education and research institute, has signed a six-year, $8.89 mil expansion/renewal lease for 31.2k sf ($3.96/sf/mo) of office space at The Aventine, the landmark, 11-story Cl...
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• La Jolla Gets a New Waage Law 11/10/08 Four recent San Diego-area office deals offer a glimpse into the kinds of smaller transactions that tenants are doing these days. Three of these signings are for direct space, while one is a sublease, and they range in value ...
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• La Mesa Apartment Properties Fetch $53 Mil 11/07/08 A 406-unit La Mesa apartment portfolio traded hands in a $53.4 mil ($131.5k/unit) sale. The acquisition, known as the Baltimore Portfolio, consists of four low-density properties located at 5353, 5401, 5405 and 5445 Baltimore...
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• La Mesa Medical Office Property to Become a Sharp-Dressed Building 11/05/08 And in the Torrey Hills area, the firm of Rudolph & Sletten inked a three-year, $1.8 mil renewal for 13k sf ($3.85/sf/mo) of space at Pacific Plaza at Torrey Hills, a 220k sf Class A office property at 10955 Vista Sorrento Pk...
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• Hip New Eatery Opens in Downtown San Diego 11/03/08 Downtown San Diego continues to attract hip new eateries, as retail businesses still see plenty of opportunity in this desirable live/work/play area, situated in the heart of California’s southernmost major city. In the lates...
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• City of Oceanside Approves Medical Office Project 10/31/08 LW Properties LLC of San Diego has received development approvals from the City of Oceanside to build 11 free-standing office buildings in a medical complex to be called the Pacific Coast Medical Center. The members of the O...
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• Vista Apartment Asset Fetches $70 Mil 10/30/08 The property was purchased by three R&V Management sponsored partnerships, Hillcrest Montecito LP, VLD Bonnie Brae LP and Vista Bella Terra LP. R&V Management is a San Diego-based investment company that controls more than 5...
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• ConAm Group Acquires Oceanside Res Development Property for $30 Mil 10/29/08 San Diego-based ConAm Group of Companies acquired a partially developed 14.4-acre Oceanside property from the Orange County division of K. Hovnanian Homes for $30 mil. The purchase includes 221 multifamily residential units w...
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• Ware Malcomb Revved Up Over Latest Renovation Project 10/29/08 Construction has begun for the renovation of Ferrari of San Diego, an upscale auto dealership located at 7514 Girard Ave in La Jolla. The San Diego office of Ware Malcomb is providing architectural and interior design servic...
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• Bridgepoint Education Takes 250k sf in Kearny Mesa Office Deal 10/28/08 In one of the larger San Diego-area office leases in some time, Bridgepoint Education inked an 11-year lease for 250k sf of space at Sunroad Centrum I, a new 273.5k sf office building at 8620 Spectrum Center Blvd in Kearny Me...
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• San Diego Industrial Rents Up Slightly 10/27/08 According to third quarter 2008 figures just released by Grubb & Ellis/BRE commercial, San Diego’s industrial market revealed some positive signs, despite the softening of the national economy and the slowdown in the real est...
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