Marketing - San Diego

  • Northrop Grumman Renews Lease at Kearny Mesa Campus

    Northrop Grumman Systems Corporation, one of the largest companies in the entire country, recently completed a leasing deal that will keep the entity at its current home in the Kearny Mesa submarket of San Diego. According to the local office of Colliers International, the company has renewed its lease for the entire space that it has occupied at an office campus located in the Kearny Mesa Spectrum Center. Colliers noted that the leasing agreement is one of the largest deals of its kind in terms of size to be completed in 2014 in the area.

    13 November 2014 22:55
  • New Retailers Bring Balboa Mesa to 100% Occupancy

    The owner of the Balboa Mesa Shopping Center has recently announced that new contracts have been signed at the facility, meaning that the shopping center is now fully leased. The San Diego-area retail property is currently under the ownership of national owner, operator and developer Regency Centers. The company’s local leasing agent, Eric Li, completed a total of 13 leasing agreements during the time that the property was in redevelopment.

    15 October 2014 22:35
  • BBL Commercial, Westbook Buy “Mister A.’s Building” in Downtown San Diego

    One of the best-known office buildings in downtown San Diego was recently acquired by a partnership of BBL Commercial Real Estate of San Diego and Westbrook Partners. The buyer shelled out $39.25 million for the Fifth Avenue Financial Center. The two parties involved in the acquisition each represented themselves and all leasing activity at the building will henceforth be handled by real estate brokerage Cassidy Turley.

    06 August 2014 21:18
  • Lincoln Buys Carlsbad Corporate HQ; El Cajon Industrial Asset Trades for $5.7M

    A Carlsbad HQ property and an El Cajon industrial business park have traded hands this past week as San Diego’s commercial real estate market continues its high sales volume.

    30 July 2014 19:17
  • San Diego Submarkets Continue Strong Showing as Office, Industrial and M-F Assets Trade

    Although the amount of blockbuster deals is low in the San Diego area, in terms of sheer volume of transactions, the city’s submarkets seem to be doing very well. An office campus in Del Mar Heights, an industrial asset in Otay Mesa and a multifamily complex in Imperial Beach all traded hands this week, underlining the growing appeal of San Diego’s investment opportunities to companies looking to expand operations in the area or owners looking to cash in on the current trend.

    17 July 2014 14:51
  • 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.

    10 July 2014 04:31
  • 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 Building.

    05 June 2014 01:00
  • 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 Mesa industrial building was acquired by Colorado-based Alliance Commercial Partners LLC.

    22 May 2014 03:47
  • 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.

    15 May 2014 03:36
  • 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.

    30 April 2014 16:13
  • 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 million for the two assets. The Carlsbad-based entity has recently made a number of commercial real estate acquisitions throughout San Diego and the Southwest.

    14 April 2014 15:11
  • 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.

    03 April 2014 22:10
  • 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 Ranch and Solana Beach submarkets.

    31 March 2014 16:06
  • 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 Glendale-based company. Azure is a client of American Realty Advisors, who handled the sale of asset.

    21 March 2014 20:40
  • 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 Shopping Center was the property in question, in the Lake Murray area of San Diego.

    10 March 2014 02:25