San Diego
CBRE Settles $17M Office Sale
Located at 2382 and 2386 Faraday Ave. in Carlsbad, Calif., the two-building property was recently renovated with both indoor and outdoor improvements, such as private courtyards and fiber optics.
San Diego-Area Office Property Trades for $27M
NKF Capital Markets represented the seller, New York Life Real Estate Investors, in the disposition of Centerpoint Plaza in Carlsbad. The 97,823-square-foot, multi-tenant building was 87 percent leased at the time of sale.
Vista Investment Group Snags $28M San Diego Office Park
Built in 1981 and recently renovated, Seville Plaza encompasses more than 140,000 square feet. County of San Diego’s Health and Human Services division anchors the property.
Admiral Capital Buys San Diego Office Building
The Balboa Executive Center comprises 120,992 square feet across five stories and last traded in 2015, when EQ Office purchased the building for $28.3 million.
P3RE Gets $149M Refi for San Diego Campus
HFF arranged the loan for Genesis Campus Point, a three-building Class A life-sciences campus that totals more than 300,000 square feet.
Hill Properties Sells San Diego-Area Facilities
JLL’s Sach Kirpalani, Bob Prendergast and Lynn LaChapelle represented the seller, which bought the assets in a nine-building portfolio deal in 2017.
Brixton Capital Acquires CA Property, Plans Redevelopment
The company paid $4.2 million for the former El Cajon police station, which provides more than 4 acres of development land.
Kimco Sells San Diego-Area Retail Center
NKF Capital Markets orchestrated the disposition of Broadway Plaza in Chula Vista, Calif., on the REIT’s behalf, securing Protea Properties as the buyer of the 356,300-square-foot asset.
Harbor Associates, Ascentris Acquire San Diego Office Property
The Class A Pinnacle comprises 110,110 square feet across five stories and was purchased from BioMed Realty for $31.2 million.
San Diego MOB Lands $14M Loan
The four-story medical facility spreads across two acres and is situated approximately 10 miles from downtown.