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HCP Buys Torrey Pines R&D Building; Ariel Suites Announces Trio of Commercial Tenants

HCP Buys Torrey Pines R&D Building; Ariel Suites Announces Trio of Commercial Tenants

San Diego’s real estate market has once again recorded an active week, with the city’s life sciences submarket, one of its strong suites, seeing an important asset transaction, while one of the most high profile developments in Little Italy is moving forward with new additions to its tenant roster.…

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Scripps Memorial Hospital Encinitas Unveils $94M Expansion

Scripps Memorial Hospital Encinitas Unveils $94M Expansion

The Scripps Memorial Hospital Encinitas in North County recently completed its high-profile expansion as an investment of approximately $94 million was finalized. The grand opening of the Leichtag Foundation Critical Care Pavilion was held on July 1st, marking the addition of the new emergency department and inpatient rooms to the…

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DRA, Cypress Pay $41M for Sorrento Mesa Office Portfolio; NBC 7 Seals Move to Kearny Mesa

DRA, Cypress Pay $41M for Sorrento Mesa Office Portfolio; NBC 7 Seals Move to Kearny Mesa

In what was yet another good week for San Diego’s office market, a large portfolio deal was completed by a partnership between DRA Advisors LLC and Cypress Office Properties LLC, while local news outlet NBC 7 San Diego also acquired an office asset. The two deals were worth a combined…

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Sundt to Manage Construction of Science Building at SCCD’s National City Campus

Sundt to Manage Construction of Science Building at SCCD’s National City Campus

The latest building of the Southwestern Community College District is finally underway as the school has announced its developer choice for a new science building. SCCD has selected Sundt Construction to carry out the construction process at the college’s Higher Education Center located in San Diego’s National City. Sundt was…

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Port of San Diego To Seek Developers for Waterfront Hotel in Chula Vista

Port of San Diego To Seek Developers for Waterfront Hotel in Chula Vista

The City of San Diego is set to see one of the largest waterfront developments take shape as local authorities are gearing up for the Chula Vista Bayfront project. The Port of San Diego is set to issue an RFQ for a convention resort hotel project that would be part…

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Port of San Diego To Seek Developers for Waterfront Hotel in Chula Vista

Port of San Diego To Seek Developers for Waterfront Hotel in Chula Vista

The City of San Diego is set to see one of the largest waterfront developments take shape as local authorities are gearing up for the Chula Vista Bayfront project. The Port of San Diego is set to issue an RFQ for a convention resort hotel project that would be part…

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Cornerstone Real Estate Advisors, Hammer Ventures Make Big Buys

Cornerstone Real Estate Advisors, Hammer Ventures Make Big Buys

San Diego’s commercial market is continuing its path of ramped investment activity as Cornerstone Real Estate Advisors LLC and Hammer Ventures partnership recently moved to acquire major properties. Cornerstone is now the new owner of the North County Corporate Center, while the partnership involving Hammer Ventures has acquired the Torbati…

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NorthMarq Capital Provides $52 Million in Financing for San Diego M-F Complex

NorthMarq Capital Provides $52 Million in Financing for San Diego M-F Complex

The Tierrasanta Ridge Apartments in San Diego recently received $52 million in financing, arranged by NorthMarq Capital. The deal was brokered by a NorthMarq team that included Marty Meagher and Gardiner Champlin. The financing is based on a 10-year term and 30-year amortization schedule and was funded through the provider’s…

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Vista, Sorrento Mesa Industrial Assets Fetch $75M in Separate Deals

Vista, Sorrento Mesa Industrial Assets Fetch $75M in Separate Deals

In a great week for the San Diego industrial real estate market, two properties traded hands in two separate deals for a combined total of over $75 million. Cornerstone Real Estate, a Connecticut-based entity, paid a fee of $57.6 million for an asset in the Vista submarket, while a Sorrento…

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Regent Properties Buys Carlsbad Office Building; Legacy Signs AltheaDx to Torrey Pines HQ

Regent Properties Buys Carlsbad Office Building; Legacy Signs AltheaDx to Torrey Pines HQ

A Carlsbad office property traded hands recently when Regent Properties paid a fee of approximately $16 million for Atlas at Carlsbad. Meanwhile, a Torrey Pines HQ office building secured its tenant as AltheaDx inked an agreement for around 70,000 square feet at the recently renovated facility.…

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Community HousingWorks, Sun Country Builders Start Affordable Housing Project in Vista

Community HousingWorks, Sun Country Builders Start Affordable Housing Project in Vista

The recent wave of new affordable housing communities developed in the state of California has now also hit San Diego. Not-for-profit development entity Community HousingWorks has teamed up with Vista-based Sun Country Builders on the North Santa Fe Apartments project, with the latter company having already begun work has begun…

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Donahue Schriber Plans $50 Million Expansion for Del Mar Highlands Town Center

Donahue Schriber Plans $50 Million Expansion for Del Mar Highlands Town Center

A San Diego shopping center is set to go through an extensive renovation process worth approximately $50 million. The owner of the Del Mar Highlands Town Center is set to invest that amount in a number of new facilities and some expansions to the existing property.…

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