San Diego
Hines Signs 15-Year Lease at La Jolla Commons Campus
By Gabriel Circiog, Associate Editor The San Diego office of international real estate firm Hines has recapitalized its 12.3-acre premier mixed-use La Jolla Commons campus. Hines also executed a 15-year lease for a new 415,000 square foot office building which will be built on the campus located in San Diego’s University Towne Centre area. The […]
MG Properties Group Expands Portfolio; Marcus & Millichap Brokers Sale of Sabre Springs Business Park
By Gabriel Circiog, Associate Editor MG Properties Group has acquired a 168-unit multifamily property in the university district of San Marcos, according to RenTV.com. The property, Barham Villas Apartments, was purchased from New York-based TGM Associates L.P. for an undisclosed amount. The property features a mix of one- , two- and three-bedroom apartments and MG Properties […]
Marriott Marquis Hotel and Marina $182 Million Upgrade Project Reaches California Coastal Commission for Final Approval
By Gabriel Circiog, Associate Editor The San Diego port directors have approved the upgrade project for the Marriott Marquis hotel and marina. Signon San Diego reports the plan is off to the California Coastal Commission for final approval. The $182 million project features interior remodeling, replacing the Marriott Hall which is located west of the […]
Grossmont Healthcare District Plans $240.8 Million Projects; Kaiser Permanente to Build New Hospital in Kearny Mesa
By Gabriel Circiog, Associate Editor
The San Diego medical care sector is buzzing once again as the Grossmont Healthcare District plans to break ground on several projects worth $240.8 million at the Sharp Grossmont Hospital in La Mesa next year and Kaiser Permanente announces plans to build a new 350-bed hospital in Kearny Mesa, according to […]
Echo Pacific to Build Bio-Tech High School; Newmark Realty Capital Arranges $224 Million Financing for Class A Office Building
By Gabriel Circiog, Associate Editor
Echo Pacific Construction Inc. has started construction on The Del Lago Academy, Campus of Applied Science in Escondido. The new bio-tech high school is part of the Escondido Union High School District’s $98 million general obligation […]
Cypress Office Properties LLC Expands Portfolio; BioMed Realty Trust Plans to Raise Over $400 Million to Invest in Life-Sciences Buildings
By Gabriel Circiog, Associate Editor
San Diego-based Cypress Office Properties LLC has purchased a 78,400-square-foot Class A office building in Escondido. Located at 500 La Terraza Blvd, the three-story building was built in 2008 and RenTV.com reports it was 38 percent […]
Terramar Retail Centers Present Green Redevelopment Plan for Seaport Village
By Gabriel Circiog, Associate Editor
Terramar Retail Centers, owner of the Seaport Village, has come up with a redevelopment plan that aims to revitalize the Bayside shopping center. Signon San Diego reports the plan calls for an 82-room hotel, simplification of […]
IDS Real Estate Group Expands Portfolio; DPR Construction Awarded Top LEED Certifications
By Gabriel Circiog, Associate Editor
IDS Real Estate Group has acquired a 411,200-square-foot industrial/warehouse building in the Kearny Mesa area, RenTV.com reports. The 19-acre property located at 4000 Ruffin Rd is a Class B, multi-tenant facility with an 85 percent occupancy […]
Fat City Lofts Development and Solar Turbines Spark a Conflict of Opinions in San Diego
By Gabriel Circiog, Associate Editor
With projects such as Horton Plaza, Civic Center Complex and the North Embarcadero Visionary Plan, the San Diego downtown area is clearly transforming into an ideal place to live, work and be entertained. Signon San Diego […]
Downtown Waterfront Project Faces New Hurdle
By Gabriel Circiog, Associate Editor
Although the Navy’s downtown waterfront project was approved 20 years ago, Signon San Diego reports the plan is facing a new hurdle. The $1.1 billion, 3.25-million-square-foot reconstruction must be approved by the California Coastal Commission which […]