San Diego
RAF Pacifica Group Acquires Carlsbad Dev Site for $15M
Encinitas, CA-based RAF Pacifica Group acquired 18.4 acres of land in Carlsbad Raceway Business Park, where it plans to build… Read more
Kilroy Realty Shrinks Size of 1.1M SF Carmel Valley Development
Los Angeles-based Kilroy Realty is downsizing its proposed One Paseo development in San Diego’s Carmel Valley in hopes of securing… Read more
Savills Studley Completes $229M Mira Mesa Retail Deal
Savills Studley’s National Retail Services Group represented the sellers of two trophy Southern California shopping centers, one located in San… Read more
Parking-Focused REIT Explores Stock Listing
San Diego-based MVP REIT Inc. and MVP REIT II Inc. are exploring a potential stock offering and capital raises. The… Read more
CBRE Expands Capital Markets Team with Land Expertise
CBRE Group, Inc. expanded its Capital Markets division’s Land, Agribusiness and Natural Resources Practice. Matt Marschall and Dylan Marschall joined… Read more
CBRE Finds San Diego’s Biotech Captures Most VC Investment
San Diego medical device companies received the most venture capital investment since 2009, a new CBRE Q1 2016 Capital Recap… Read more
383-Unit MF Project Proposed at Downtown Stadium Site
Dallas-based Mill Creek Residential Trust proposed developing Modera San Diego, a seven-story, 383-unit apartment building on the downtown site where… Read more
Concepts Presented for 70-Acre Seaport Village Reno
The San Diego Unified Port District is exploring six redevelopment ideas for Seaport Village, which opened in 1980 and has… Read more
Senior Executive Departs Irvine Company
Irvine Company’s Dan Young is leaving the Newport Beach, CA-based firm at the end of the month to start a… Read more
$4B Infrastructure Measure Passed
Voters passed Rebuild San Diego this week, the ballot measure envisioned to erase decades of infrastructure neglect across the city.… Read more
Alexandria Delivers Illumina Development Early
Pasadena, CA-based Alexandria Real Estate Equities, Inc. has good news for Illumina, Inc. The urban office REIT is delivering a… Read more
Rancho Santa Fe Mixed-Use Commences Construction
San Diego-based Newport Pacific Inc. is starting construction on the residential component of Palma de la Reina, a $40-million mixed-use… Read more
Do Election Years Impact CRE: CBRE’s Frager Says No
By Dennis Kaiser A common theory persists that there’s always a slow-down in commercial real estate in election years. CBRE’s… Read more
MG Properties’ Record $142M MF Asset Sale in IE
San Diego-based MG Properties Group and affiliates of New York-based Rockwood Capital, LLC sold Terracina, a multifamily property located in… Read more
UC Regents Acquires Torrey Pines Asset for $134.1M
The UC Board of Regents acquired Torrey Pines Court, a 216,476-square-foot office campus from Irvine, CA-based The Muller Co. and… Read more
Irvine Co. Opens San Diego ‘Next Gen’ Building, Starts Another
Irvine, CA-based Irvine Company Office Properties completed Eastgate Summit, a 65,000-square-foot ‘next gen’ office building at its 1.5-million square-foot, 24-building… Read more
Decision Delayed on SoCalGas Transmission Pipeline
Approval of Southern California Gas Co. and San Diego Gas & Electric’s proposed 65-mile natural gas pipeline has been delayed… Read more
$217M InterContinental Hotel Advances on San Diego’s Waterfront
Construction is underway on a new 18-story InterContinental hotel near San Diego’s waterfront, scheduled to open in the fall of 2018. The… Read more
Irvine Co. Completes $1.2B MF Loan Program
The Irvine Company took out $1.16 billion in mortgages on 19 multifamily properties located in Orange County, the Bay Area… Read more