San Diego
Reports: Alternative Sectors Lead the Way Amid Pandemic
By Catherine Sweeney As commercial real estate faced a difficult year amid the COVID-19 pandemic in 2020, many alternative sectors saw increased activity....
Blackstone Group Expected to Purchase 66 Residential Complexes in San Diego for $1B
By Catherine Sweeney New-York based investment firm Blackstone Group is planning the purchase of 66 residential complexes in San Diego for more than...
IQHQ Demonstrates its Commitment to Sustainable Development with Strategic Hire of Director of Sustainability and Environmental, Social and Governance
Proven sustainability leader and industry veteran Jenny Whitson will spearhead IQHQ’s overall sustainability goals and Environmental, Social and Governance (ESG) program As Director...
Berkadia Hotels & Hospitality Adds Senior Team to Expand Platform in Western Region
SAN DIEGO, CA – April 28, 2021 – Berkadia announced today the addition of Managing Director Scott Hall, who will be responsible for...
Report: Rental Rates at All-Time High in San Diego Industrial Market
By Catherine Sweeney San Diego’s industrial market remains competitive as rental rates hit an all-time high in the first quarter of 2021, a...
Griffis Residential Purchases Presidio View in Mission Valley for $155.7MM
CBRE has facilitated the sale of Presidio View, a 350-unit apartment community located in the Mission Valley area of San Diego, to Griffis Residential,...
The Cove Apartments in La Mesa Sell for $43.25MM
(EDITOR’S NOTE: According to a source familiar with the transaction, the property sold for $43.25 million, or about $325,188 per unit.) SAN DIEGO, CALIFORNIA...
Plaza Del Mar in Del Mar Heights Refinanced for $35.3MM
CBRE has announced a $35.3 million loan for the refinancing of Plaza Del Mar, an office property in the Del Mar Heights submarket of North County San Diego. Mark McGovern, Scott Peterson, Brian Cruz and Colby Matzke of CBRE’s debt and...
CEG Capital Partners Purchase Convoy Village in Kearny Mesa for $16.2MM
(EDITOR’S NOTE: The transaction came to just under $383 per square foot.) CBRE announced that a partnership controlled by San Diego-based CEG Capital Partners-has purchased Convoy...
Realty Income To Merge With VEREIT® In All-Stock Transaction
SAN DIEGO and PHOENIX — Realty Income Corporation (NYSE) (“Realty Income”), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE: VER) (“VEREIT”) today announced...
Invesco Closes on Apartment Development Project Investment in San Diego Area for $188MM for New Value-Add Fund
By Jon Peterson Invesco Real Estate has completed a transaction for the manager to develop a 342-unit apartment complex in the La Jolla...
Report: Sublet Space in San Diego’s Office Market at All-Time High
By Catherine Sweeney In the first quarter of 2021, sublet space in San Diego’s office market climbed to the highest rate in over...
