San Diego
BAE Inks 2nd Largest South Bay Industrial Lease of 2016
BAE Systems Ship Repair leased 110,000 square feet at Four-Sher Development’s Chula Vista Corporate Center in Chula Vista, CA. It… Read more
Golden Triangle Asset Set for Make Over
Boston-based Rockpoint Group initiated a $6.6-million renovation of Aventine, a Class A, 220,000-square-foot office building located on an 11-acre campus… Read more
Legacy, Resmark Team Up on Another MF Project
Bay Area-based Legacy Partners and Los Angeles-based The Resmark Companies are joining forces again to develop a 168-unit apartment project… Read more
Two NC Multifamily Deals Yield $93M
Two separate apartment buildings in the Brier Creek area of Raleigh, NC, recently sold for a combined value of $93… Read more
JLL REIT Acquires Newly-Built Point Loma MF for $90M
Dylan Point Loma, a newly completed luxury, coastal multifamily community in San Diego, was acquired by JLL Income Property Trust,… Read more
BLT Enterprises Expands San Diego Portfolio
Santa Monica, CA-based BLT Enterprises acquired Sorrento Tech III, a 30,000 square-foot flex building in San Diego from San Diego-based… Read more
Iconic Leaping Lotus Marketplace Trades on Ten-X’s Offer Select Platform
Solana Beach, CA-based Trilogy Investment Group acquired 240 South Cedros Ave., a fully occupied, 21,144-square-foot retail building in Solana Beach’s… Read more
Utah Multifamily Asset Sells for $53M
Developer Colony Partners LLC has sold Sage Gate at Haynes Landing, a 278-unit multifamily asset in West Valley City, UT.… Read more
Kilroy Disposes of Carlsbad Land, Now Planned for Industrial Campus
San Diego-based Badiee Development acquired two land parcels in Carlsbad, CA totaling 8.4 acres for $6 million from Los Angeles-based… Read more
SD Retail Vacancy Rate Hits Eight-Year Low
Retail vacancy dipped to the lowest level San Diego has seen in eight years. Cushman & Wakefield’s latest market snapshot… Read more
CBRE Brokers 22 Asset Self-Storage Portfolio Acquisition
Colorado-based National Storage Affiliates acquired a portfolio of 22 self-storage properties in California for an undisclosed price. The transaction, which… Read more
Hanley Closes All-Cash 1031 Exchange Retail Deal in Upland
Corona del Mar, CA-based Hanley Investment Group completed the sale of a 9,167-square-foot multi-tenant retail pad building in a neighborhood… Read more
San Diego Rents Soar, But it Could Be Worse
San Diego rents are soaring, and ‘America’s Finest City’ is facing a housing crunch. Rents for multifamily properties in San… Read more
Kilroy’s $650M One Paseo Finally Approved
Los Angeles-based Kilroy Realty Corp. is set to break ground on One Paseo, a $650-million, 1.1 million-square-foot, mixed-use project in… Read more
Smith Joins Duke Realty’s SoCal Industrial Team
Indianapolis-based Duke Realty Corp. added a new leasing and development leader in Southern California. Jake Smith, a 15-year CRE veteran,… Read more
$400M Ritz-Carlton, Whole Foods East Village Development Approved
San Diego-based Cisterra Development’s $400-million landmark high-rise project at 7th and Market in downtown San Diego received design approval and… Read more
$127.8M Airport Parking Plaza Begins
Development of a $127.8-million parking plaza at San Diego International Airport’s Terminal 2 is set to kick off next month.… Read more
Treasury Expands Shell Company All-Cash Deal Program to CA
The U.S. Treasury Department is expanding a program to California deemed successful in Manhattan and Miami that tracks real estate purchases by shell companies.… Read more
Kilroy Divests Assets, Land to HCP for $49M
Los Angeles-based Kilroy Realty Corp. sold a value-add life science campus portfolio in north San Diego to an affiliate of… Read more