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Sterling Bay, Harrison Street Clinch $290MM Refinancing for Sorrento Mesa Life Science Campus

Peregren Capital Group’s loan, with $162.5 million in future funding, gives the vacant Pacific Center runway to lease up in a market where...

San Diego highways
CommercialFinanceIndustry NewsSan Diego

43,000 SQFT Sorrento Mesa Office at 6020 Cornerstone Court West Hits Market for $10.8MM as Owner-User Play

A three-story Class A creative office building in the heart of San Diego's tech corridor has hit the market with a pricing tag...

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AECIndustry NewsResidentialSan Diego

Grupe Company Returns to San Diego After 30 Years with 38-Unit Golden Hill Townhome Project

The Stockton-based developer takes over a stalled Golden Hill site as part of a strategic pivot toward smaller California infill, with pricing aimed...

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AECIndustry NewsResidentialSan Diego

Sea Anemone, Good & Roberts Push $29MM, 72-Unit Ibis Project Across the Finish Line in La Mesa

Hillcrest developer’s middle-income play replaces a vacant medical office on a 2.5-acre East County site as the first of eight buildings prepares to...

Pacific Beach San Diego
FeaturedIndustry NewsResidentialSan Diego

Pacific Urban Doubles Down on Coastal San Diego with $90.3MM Bet on 142-Unit Bird Rock Property

Palo Alto-based investor lands 142-unit oceanfront community at 5060 La Jolla Blvd., pushing its San Diego footprint past 2,900 units as new luxury...

Office building
FinanceIndustry NewsLife ScienceSan Diego

Sterling Bay, Harrison Street Land $290MM Refinancing for 525,000 SQFT Pacific Center in San Diego

Peregren Capital Group provided the loan, which includes $162.5 million of future funding, as the joint venture pushes leasing at its newly delivered...

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Industry NewsLeasingLos AngelesOrange CountyRetailSan Diego

Sana’a Cafe Lines Up Wilshire Lease, Targets San Diego in Southern California Push

The Hayward-based Yemeni chain already operates flagship cafes in Hollywood and Lake Forest. Now a new Wilshire Boulevard lease and a planned San...

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FeaturedIndustry News

California Jobs Engine Stalls in April as Unemployment Holds at 5.3%

The state shed 3,300 nonfarm payroll jobs even as a sixth straight monthly drop in the unemployed pool pointed to a labor market...

Construction worker on the site
AECFeaturedIndustry NewsInland EmpireLos AngelesOrange CountySan Diego

Southern California Construction Loses 13,800 Jobs as Every Major Metro Contracts

Los Angeles-Long Beach-Anaheim shed 6,200 construction jobs while the Inland Empire dropped 2,900 and San Diego gave back 1,500, signaling a region-wide pullback...

Supermarket aisle
FinanceIndustry NewsRetailSan Diego

Albertsons-Shadow-Anchored Lemon Grove Plaza Hits Market at $26.04MM Asking Price

Hanley Investment Group is marketing the 157,183-SQFT San Diego County neighborhood center at a 6.40 percent cap rate as institutional capital sharpens its...

Census Bureau, California, San Diego
AECFeaturedIndustry NewsOrange CountyResidential

Backyard Units Pull Even with Single-Family Homes in Orange County Building Race

Permit data shows accessory dwelling units have closed the gap with traditional houses as soaring land costs and looser state rules redraw the...

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FinanceIndustry NewsResidentialSan Diego

The Baldwin Company’s 312-Unit Enclave Heritage Flats Clinches $101.6MM HUD Refinance in Chula Vista

The Baldwin Company swaps short-term bridge debt for long-term, fixed-rate HUD financing on a 312-unit South Bay community, locking in capital structure as...

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