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Capstone Advisors Pays $16M for Office, Retail Assets

Capstone Advisors Pays $16M for Office, Retail Assets

Real estate investment development and advisory firm Capstone Advisors has recently moved for the acquisition of two different assets in the San Diego market. The company now owns an office building in La Jolla and a retail property near the University of San Diego. Capstone paid a total of $16.4…

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Flurry of Investment Sales Ends First Quarter

Flurry of Investment Sales Ends First Quarter

In yet another productive week for San Diego’s real estate market, a number of deals in sectors ranging from industrial to residential have kept up the frantic pace that seems to have taken over investors on both ends of a transaction.…

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Wateridge Plaza Sale Leads Flurry of Office Trades; AleSmith Brewing Opts for Bigger Home

Wateridge Plaza Sale Leads Flurry of Office Trades; AleSmith Brewing Opts for Bigger Home

The local commercial real estate market once again proved its appeal as while a major, $72 million deal was being struck for the Wateridge Plaza in Sorrento Mesa, two smaller office assets also traded hands in the passing week. The two more low-key transactions were completed in the Carmel Mountain…

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Retail Opportunity Investments Buys Poway Center for $40M

Retail Opportunity Investments Buys Poway Center for $40M

A retail center in Poway was the object of a recent commercial transaction when San Diego-based Retail Opportunity Investments Corp. paid a total of $43.9 million for the Creekside Plaza. The transaction was arranged by a team of HFF representatives, who worked on behalf of seller Azure Creekside Corp, a…

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HFF Secures $23.5 Million Financing Package for 2 National City M-F Properties

HFF Secures $23.5 Million Financing Package for 2 National City M-F Properties

Holiday Fenoglio Fowler recently announced that it had secured financing for two San Diego-area multifamily complexes owned by PCD Capital Group and Birge & Held Asset Management. The provider of commercial real estate and capital markets services worked with Opus Bank on behalf of the borrower, and completed two financing…

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JH Real Estate Partners Buys San Carlos Shopping Center for $35 Million

JH Real Estate Partners Buys San Carlos Shopping Center for $35 Million

A San Diego County retail property recently traded hands in a transaction worth a total of $35 million. The acquisition was perfected between buyer JH Real Estate Partners and an unnamed entity from the East Coast, who had owned the property since the last transaction, in 2006. The San Carlos…

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Alliance Diversified Buys Pyramid Building in Miramar, Plans Makeover

Alliance Diversified Buys Pyramid Building in Miramar, Plans Makeover

One of the city’s most unusual office properties recently traded hands as Alliance Diversified Holding, LLC paid a purchase fee of $13.6 million for an asset located in the San Diego submarket of Miramar. The seller was APEX 1 & 2 LP. Both companies were represented by the local office…

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Kaiser Permanente Kicks Off $900M Hospital in Kearny Mesa

Kaiser Permanente Kicks Off $900M Hospital in Kearny Mesa

San Diego has a reputation of being a city that has a lot to owe to the bio-med industry, a sector that has seen impressive progress in the metro area of the city. Now a new health care giant is making waves with a large development project. Kaiser Permanente has…

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Venta, Pathfinder JV Buys Homewood Suites Hotel in La Quinta

Venta, Pathfinder JV Buys Homewood Suites Hotel in La Quinta

The city’s increasing hospitality profile has come into play once again this week when a partnership between Vesta Hospitality and Pathfinder Partners LLC acquired a La Quinta hotel. Vesta Hospitality is a Washington-based privately owned hotel management and development company, and its partner in the acquisition, Pathfinder, is a local…

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Starwood Hotels Plans 140-Key Aloft for Rancho Bernardo

Starwood Hotels Plans 140-Key Aloft for Rancho Bernardo

The growing tech submarket of Rancho Bernardo, an area of San Diego that has seen its profile raised over recent years is set to welcome one of the most exciting hospitality brands out there. Starwood Hotels & Resorts Worldwide recently announced the development of a new Aloft-branded hotel, set to…

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Starwood Capital Taps Cassidy Turley To Manage 1 MSF Office Portfolio

Starwood Capital Taps Cassidy Turley To Manage 1 MSF Office Portfolio

Cassidy Turley, a commercial real estate services company, is reaping some of the benefits of the monster office deal completed between Starwood Capital Group Global and Kilroy Realty Corporation. After the deal worth around $327 million was completed earlier this year, the new owner has already made the first change…

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Math+Science Complex Completed at San Diego Mesa College

Math+Science Complex Completed at San Diego Mesa College

By Alex Girda, Associate Editor Last year ended with the completion of one of San Diego’s largest new educational facilities: the $109 million Math+Science Complex at San Diego Mesa College. Also the college’s largest project to date, the four-story facility will provide classrooms, laboratories, faculty space and administrative support space…

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