San Diego
Partnership Acquires “Highly Prized” Coastal Apartments in Carlsbad
CBRE arranged the $20.9-million sale of the 40-unit Pure Beach Living, located less than a half mile from the beach… Read more
California Proposition 33 Rent-Control Measure Defeated at the Polls
Proposition 33, a statewide ballot measure that would have allowed stronger rent control laws in California, was rejected by voters… Read more
Blackstone to Take ROIC Private in $4B All-Cash Deal
Blackstone, through its Blackstone Real Estate Partners X fund, has agreed to buy Retail Opportunity Investments Corp. (ROIC) for approximately $4 billion,… Read more
Blackstone in Talks to Acquire Shopping Center Owner ROIC
Blackstone is in advanced talks to acquire Retail Opportunity Investments Corp. (ROIC), a San Diego-based shopping center REIT that focuses on… Read more
Poway Development Site Sells to Lennar
Colliers facilitated the $24.5-million sale of Harmon Ranch on Oak Knoll, a land development site in Poway. SVP Ciara Trujillo,… Read more
California People and Company News, Week of Nov. 1, 2024
Next Wednesday, learn from and network with experts from ICSC, Caruso, Anderson Real Estate, Primestor, and more at this year’s Connect Retail West conference.… Read more
Former Union Bank Building Trades to San Diego-Based Developer
CBRE arranged the sale of 530 B St., a 24-story, 250,000-square-foot office tower located in the B Street corridor of downtown San Diego, for $27.5… Read more
Vista Trailer Park, RV Resort Change Hands for the First Time
Marcus & Millichap closed the sale of Melrose Trailer Park and Olive Avenue RV Resort in Vista. The total purchase… Read more
Civitas Breaks Ground on Apartments in Supply-Constrained Balboa Park
Dallas-based Civitas Capital Group recently broke ground on a 76-unit, Class A multifamily community in the North Park neighborhood of San… Read more
Breakthrough Properties Opens 100% Pre-Leased San Diego Life Science Campus
Breakthrough Properties was joined by San Diego Mayor Todd Gloria, UCSD Chancellor Pradeep Khosla and representatives from Pfizer and BD Biosciences to… Read more
City of San Diego Leases 43K SF at Newly Renovated Five50West
JLL secured a 43,000-square-foot office lease with the City of San Diego at the recently renovated Five50West, a 20-story, 362,822-square-foot office building located… Read more
Neighboring Apartment Properties Trade After 50-Year Hold
Marcus & Millichap closed the sale of 4642 Oregon St., a nine-unit apartment property, and 4632 Oregon St., an eight-unit… Read more
Cushman & Wakefield Brokers Ground Lease in Uptown San Diego
Cushman & Wakefield brokered a 99-year ground lease for a 1.06-acre commercial site located at 411 Ivy St. plus an… Read more
Partnership Monetizes Escondido MOB
Marcus & Millichap closed the sale of North County Oral & Facial Surgery Center, an 11,400-square-foot single-tenant net-leased medical/surgery office… Read more
Harbor Associates JV Acquires Del Mar Heights Office Campus
A joint venture of Harbor Associates, LLC and F&F Capital Group has acquired Highlands Corporate Center, a Class A 211,000-square-foot, five-building… Read more