San Diego
Sorrento Mesa Business Park Sells for $45M
Colliers arranged the $45,000,000 sale of Sorrento View Business Park, a seven-building, multi-tenant, Class-A, mixed-use/flex business park in the central… Read more
Boston Leads US in Office Space Under Construction
The U.S. office market is experiencing changes in construction activity, with around 97 million square feet of office space in… Read more
Steel Peak Snags IOS Property for $6M
Steel Peak, a commercial real estate investment firm focused on industrial outdoor storage (IOS) properties, acquired a four-building, 12,000-square-foot IOS… Read more
Investment Sales Duo Closes Fourth Pacific Beach Deal in 18 Months
Marcus & Millichap closed the sale of a five-unit apartment property located at 1012 Loring St. in San Diego. The asset… Read more
Sason Repositions Scripps Ranch Offices, Scores New Leases
Sason has completed a $2-million renovation and repositioning at Canvas on Willow, a three-story office building totaling 121,415 square feet… Read more
Multifamily Sales Veterans Join Northmarq in San Diego
Managing directors Ed Rosen and John Chu and SVP Tyler Sinks have joined Northmarq’s multifamily investment sales platform in its San Diego office.… Read more
Owner-Occupier Acquires San Diego Retail
Marcus & Millichap arranged the sale of Plaza Kensington, a 3,388-square-foot retail property located in San Diego’s Kensington neighborhood. The sale price… Read more
Realty Income Completes Merger with Spirit Realty Capital
San Diego-based net lease REIT Realty Income Corporation has closed on the previously announced merger with Spirit Realty Capital, Inc.… Read more
Architectural Firm Relocates to San Diego’s Makers Quarter
San Diego based Roseling Nakamura Terada Architects, Inc. (RNT) has signed a long-term lease for 10,201 square feet on the… Read more
Peachtree Provides $73M Financing on Dual-Branded San Diego Hotel
Peachtree Group originated $73 million in a construction loan and CPACE financing for the development of a 263-key dual-brand Home2… Read more
Ethan Penner, Chad Carpenter Launch Office Finance REIT
Commercial real estate leaders Ethan Penner and Chad Carpenter have launched Reven Office REIT, a U.S. office-focused real estate finance… Read more
Rancho Bernardo Offices Trade to Overseas 1031 Buyer
CBRE arranged the sale of 17075 Camino San Bernardo, a 25,475-square-foot-office building in Rancho Bernardo’s Tech Park, for $8 million,… Read more
LA Tops Manhattan for Coworking Spaces
With 268 coworking spaces as of the fourth quarter of 2023, Los Angeles now leads the national ranking, surpassing Manhattan by… Read more
Marcus & Millichap Closes El Cajon Multifamily Sale
Marcus & Millichap finalized the sale of Palm Terrace, a 37-unit apartment property located in El Cajon. Built in 1994 and… Read more
Thorofare Provides $26M Refi on Newly Built Apartments
Thorofare Capital, Inc. said Monday it provided a $26,000,000 loan to Chapman Place LLC for the refinancing and lease-up of Chapman… Read more
Navy Selects Development Team for NAVWAR Project
Ending a year-long selection process, the U.S. Navy selected a development team led by San Diego-based Manchester Financial Group and… Read more
Healthpeak Enters JV with Breakthrough Properties on Torrey Pines Campus
Healthpeak Properties, Inc. has formed a new strategic joint venture with Breakthrough Properties through a sale of a 65% interest in… Read more