Regions West | San Diego
Pacific Beacon Clark Opens Pioneering Military Singles Property in San Diego
At Naval Base San Diego, Clark Realty Capital and the Department of the Navy opened the doors of Pacific Beacon (pictured), the first of three 18-story luxury apartment buildings in the country's first large-scale housing privatization initiative for unmarried military personnel.
Gaylord Nixes Plans for $1B San Diego-Area Resort
Tennessee-based Gaylord Entertainment has pulled out of a plan to develop a $1 billion resort in Chula Vista, Calif., but the firm claims the project’s abandonment was not caused by the frozen debt markets that have wreaked havoc on developments across the nation.
San Diego-Area M-F Trades for $69M
Three R&V Management Corp.-sponsored partnerships--Hillcrest Montecito L.P., VLD Bonnie Brae L.P. and Vista Bella Terra L.P.--have scooped up Bella Terra, a 460-unit apartment community in Vista, a city in northern San Diego County, from RREEF for $69.5 million.
Bridgepoint Education Leases 250,000 SF at Sunroad Centrum in San Diego
Grubb & Ellis|BRE Commercial, Grubb & Ellis Co.'s San Diego affiliate,  represented Bridgepoint Education in its 11-year lease for office space totaling nearly 250,000 square feet at Sunroad Centrum in San Diego’s Kearny Mesa area.
Land Leased for 500,000-SF San Diego Convention Center Addition
The 2.6 million-square-foot San Diego Convention Center is preparing for a growth spurt. The board of the facility's management and operating entity, the San Diego Convention Center Corp., recently voted to plunk down $1 million to acquire a one-year lease option on 8.5 acres of land across from the existing center for an expansion project that could encompass as much as 500,000 square feet of new exhibit space along the waterfront.
Storm Properties Sells Industrial Portfolio for $52M
Storm Properties sold approximately 545,000 square feet of its industrial real estate portfolio to TA Associates Realty for more than $52 million. A total of 13 industrial properties located in Los Angeles and San Diego counties were sold.
torrey pines HCP Completes Integration of $3B Slough Portfolio
About six weeks after concluding its offering of 14.95 million shares of common stock, Long Beach-headquartered HCP Inc. has completed the integration of its $3 billion acquisition of Slough Estates USA Inc. that closed in August 2007. The Slough portfolio is primarily located in San Diego and San Francisco, two of the three largest life science clusters in the country.
University Takes 48,300 SF of Biotech Space in San Diego
A 48,200-square-foot biotech research building at 3525 John Jay Hopkins Court in San Diego has just been leased by the University of California San Diego.
DiamondView Tower Wereldhave USA Buys San Diego's DiamondView Tower for $161M
Wereldhave USA, a unit of a Dutch real estate property company, now owns the only two Class A, high-rise office towers to be built in downtown San Diego in the last 17 years after acquiring the 15-story DiamondView Tower for $161 million.
Clark Snags Deal for $79M University Housing Project in San Diego
The University of California San Diego has tapped Clark Design/Build of California Inc. to handle he design/build responsibilities for its North Campus Housing Phase 2 project. The mixed-use development will accommodate 800 students and will also feature a retail component. Ground is on target to break on the project in July 2009, about a month after the completion of Phase 1.
$46M Affordable Housing Project in San Diego Reaches Milestone
Father Joe's Villages 16th & Market Workforce Affordable Housing Development takes a big step toward realization with the topping off of the 12-story downtown San Diego residential property.
$30M Refi Deal Closes for San Diego Retail Center
A $30 million loan has been put in place for the refinancing of Carmel Mountain Ranch Town Center, a 172,300-square-foot retail property in San Diego.
Suburban San Diego Office Building Trades in $25M Deal
A $25 million transaction has left Mira Oberlin Plaza in Sorrento Mesa, Calif., with a new owner. Pacific Sorrento L.L.C. acquired the 77,300-square-foot office building from Westcore Oberlin L.L.C., an entity of Westcore Properties.
68,000SF San Diego Shopping Center Finds Canadian Owner
Ownership of a 68,000-square-foot grocery-anchored shopping center five miles from San Diego in National City has changed hands.
$31M Financing Closes for 578,000SF Mixed-Use Property
Village Hillcrest, a 578,000-square-foot mixed-use complex in San Diego's Hillcrest neighborhood, has been refinanced to the tune of $31 million.
City Signs Off $33M Conversion of Shopping Center
C.W. Clark Inc. recently got the green light from the San Diego City Council to move forward with its redevelopment of the Bay View Plaza, a San Diego shopping center originally constructed in the 1950s.
San Diego Retail Remains Positive
The retail outlook in San Diego remains positive, despite a near-term local housing downturn that will weigh heavily on retail spending in the next few months, according to a second-quarter Retail Research Report by Marcus & Millichap.
Healthcare Firm Commences Work on 320,000SF San Diego HQ
Pharmacy benefit management firm MedImpact has just broken ground on its new corporate headquarters campus in San Diego.
Fortes  Financial Secures National City Mortgage Wholesale Division
Fortes Financial Inc. has completed the  assumption of five regional wholesale offices formerly belonging to  National City Mortgage Corp.
San Diego Office Complex Trades in $56M Deal
Ownership of Genesee Executive Plaza in San Diego has just changed hands, courtesy of a transaction valued at $56 million.
Trammell Crow Buys San Diego Office Complex
Trammell Crow Co.’s Private Equity Group has purchased a 49,347-square-foot, two-story office building in the Torrey Pines submarket in San Diego, Calif.
Behringer Harvard Acquires Office Park in San Diego
Behringer Harvard bought Crossroads Office Park, a seven-story office building in Mission Valley, a submarket two miles northeast of San Diego International Airport and five miles north of downtown.
KeyBank Closes 3 Loans for $25M for Assisted Living Communities
KeyBank Real Estate Capital closed three loans totaling $25 million for Emeritus Senior Living.
Pacific Office Trust Buys 4 San Diego Buildings
Pacific Office Properties Trust Inc. has acquired four San Diego-area office buildings totaling 129,000 square feet.
$62M Financing Deal Closes for San Diego-Area Shopping Center
Permanent financing to the tune of $62 million has been put in place for 4S Commons Town Center, a 265,600-square-foot retail property in Rancho Bernardo, Calif.
 

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