San Diego
BLT Enterprises Buys 72 KSF Industrial Building in San Diego
The firm plans to increase the property’s parking ratio and modernize the asset located in Kearny Mesa. The submarket had the lowest vacancy rate of all Central San Diego’s R&D and industrial submarkets last year.
New Tenant Coming to The Oberlin in San Diego
CBRE’s Mike Hoeck and Ryan Egli negotiated the lease on behalf of the owners. David Marino of Hughes Marino represented the tenant, a specialist in revenue security for digital TV services.
Hill Properties, ReCap JV Nabs 186 KSF Industrial Park in San Diego
JLL arranged the $31.4 million sale of Scripps Ranch Business Park. The nine-building complex is fully leased to nine tenants.
Colliers Brokers San Diego Retail Condo Sale
The company’s Urban Property Group also secured the first tenant for the 3,044-square-foot, two-unit retail condominium in Bankers Hill—Brooklyn Bicycles.
JLL Continues Leasing Spree at Mission Center
Over the past 12 months, the company closed 10 leases at the property, totaling more than 80,000 square feet. The office park still has 10,000 square feet of available space.
JLL Strengthens SoCal Retail Practice with VP Hire
Dan Gill has more than 25 years of experience in the industry and will be based in the firm’s San Diego office. The move is part of the firm’s plan to expand its retail platform.
CBRE Completes Sale of Solana Beach Retail Center
The 54,973-square-foot coastal retail center changed hands for 33.3 million. Tenants include California Pizza Kitchen, Alfonso’s of La Jolla and Banfield Pet Hospital.
HFF Promotes Chris Collins to Associate Director
After three years with the company, Chris Collins will focus on middle market debt and equity placement transactions.
Financing Industrial: PGIM Real Estate Finance CIO Talks Discipline, Disruption
Paige Hood has a favorable outlook for commercial real estate lending, crediting market discipline as a key driver of his firm’s capacity to lend on coveted, last-mile industrial assets, among other property types.
Cancer Research Center Breaks Ground in San Diego
The 110,000-square-foot research hub developed by BioMed Realty will foster collaboration between the University of California San Diego and private companies.