San Diego
DAD Acquires San Diego Hotel for $86M
The purchase of the 353-key Marriott Mission Valley marks the company’s first California foray. The owner also plans to develop a second property on the same site.
CBRE Facilitates Sale of CA Shopping Center
A Nevada-based investor purchased the 195,000-square-foot retail asset in northwestern San Diego County. CBRE’s National Retail Partners-West team represented both parties.
Stockbridge Sells San Diego Office Asset for $39M
Cushman & Wakefield represented the seller in its disposition of Mesa View Plaza, a fully leased, five-story property in the suburb of Kearny Mesa.
San Diego Office Portfolio Commands $77M
A joint venture acquired the four-building collection of properties within the Liberty Station development from McMillin Cos. The partners also secured $58.9 million in financing for the purchase.
Omninet Sells San Diego Office Complex for $19M
The transaction marks the buyer’s entrance into the metro’s office market. A Newmark Knight Frank team brokered the deal on behalf of the seller.
Ware Malcomb Completes Renovations at San Diego Tower
Owned by LaSalle Investment Management and managed by Hines, the 22-story asset boasts an upgraded lobby, with improvements also including work on the exterior and amenities.
Malkin Properties Gets $155M Loan for 2 CA Hotels
The projects in Oceanside will total more than 350 keys. Destination Hotels & Resorts will operate one of the assets, while Joie de Vivre will be in charge of the other.
CA Industrial Park Changes Hands
The industrial park consists of two buildings totaling more than 146,000 square feet. The properties have recently undergone $2.6 million in renovations.
San Diego Life Sciences Portfolio Lands $71M Loan
HFF facilitated the five-year floating-rate financing, which will be used to transform two Sorrento Mesa buildings into Class A lab space.
Fenway Capital Lands Refi for San Diego Office Property
A CBRE Capital Markets Debt & Structured Finance team arranged the $8.3 million loan, which will go toward providing future funds for tenant improvements.