San Diego
Berkadia: Strong Fundamentals Underpin Student Housing Investments
Student housing remains “an excellent investment vehicle,” Berkadia says in its latest U.S. Student Housing Pipeline Report. The report cites… Read more
Marcus & Millichap Closes Multifamily Sale in Hillcrest
Marcus & Millichap closed the sale of 4043 First Ave., a 15-unit apartment property located in San Diego. The asset sold for $6,050,000.… Read more
Bay Club Acquires Two Seattle-Area Health, Wellness Facilities
California-based The Bay Club Company has acquired Pro Club, which has two luxury lifestyle and wellness facilities in Seattle and… Read more
Sumitomo Forestry Acquires JPI Operating Platform
JPI will still be putting its name behind apartment projects, but Sumitomo Forestry America will own them once the dust… Read more
San Diego Gas & Electric Leases Storage Yard
Colliers finalized a lease of a 3.9-acre storage yard in the central San Diego submarket of Miramar. Located at 9225-9285… Read more
Marcus & Millichap Closes Development Site Sale in San Diego
Marcus & Millichap finalized the sale of University & Herbert, a 0.43-acre development site located in San Diego. The sale price… Read more
Value-Added Apartments Trade in San Diego’s Ocean Beach Neighborhood
Marcus & Millichap closed the sale of Sheila Lynn, an eight-unit apartment property located at 4840 Del Monte Ave. in the… Read more
San Diego Office Tower Secures Two Full-Floor Tenants
ESET and Northwestern Mutual both committed to 10-year leases totaling 45,000 square feet at MetLife Investment Management’s 655 West Broadway… Read more
Brixton Capital Brings in Rob Taylor as CIO
San Diego-based Brixton Capital has hired Rob Taylor as executive managing director and chief investment officer. He will be responsible… Read more
Alexandria Brings Eli Lilly to San Diego Life Science Cluster
Alexandria Real Estate Equities formed an exclusive partnership with longstanding tenant Eli Lilly and Company to expand Lilly’s Gateway Labs… Read more
MMCC Arranges $18M of Construction Loans in Escondido
Marcus & Millichap Capital Corporation (MMCC) arranged $9,200,000 and $9,115,068 construction loans for the development of a multifamily property located… Read more
Bill Would Preserve Affordability in 22K San Diego Apartments
The Land Use and Housing Committee of the San Diego City Council endorsed a proposed law that would require the… Read more
’70s-Themed Restaurant/Bar Coming to San Diego’s Gaslamp Quarter
Urban Property Group (UPG) has secured the lease of 12,000 square feet for ’70s-themed restaurant/bar Good Night John Boy at… Read more
Northrop Grumman Renews Full-Campus Lease
Drawbridge Realty, an investor in operationally important corporate facilities nationwide, has renewed Northrop Grumman’s full-campus lease at Spectrum Corporate Center… Read more
Hard Rock Plans Long Beach’s First New Hotel in 30 Years
Hard Rock International and Steinhauer Properties plan to develop the Hard Rock Hotel Long Beach, the first new-build full-service hotel… Read more
CBRE Closes 1031 Deal for Escondido Multifamily
CBRE finalized the sale of a five-unit multifamily rental community in Escondido to a private investor for $1.41 million. The transaction was… Read more
