In the News
San Diego Office Market Continues Path of Growth to Kickoff 2018
SAN DIEGO, Calif. – April 10, 2018 – San Diego’s office market kicked off 2018 on stable footing as vacancy continued to decline while occupancy showed further improvement, according to Cushman & Wakefield’s latest market report. Countywide vacancy shed another 40 basis points (bps) since year-end 2017 to close [...]
Cushman & Wakefield Self Storage Practice Group Announces First Quarter 2018 Closings across California
April 9, 2018 – Cushman & Wakefield announced it completed the sale of three separate self storage transactions across California during the first quarter of 2018 totaling $84.5 million in value and more than 340,000 rentable square feet (rsf). The transactions consisted of: Magellan Storage – [...]
Cushman & Wakefield Private Client Team Brokers Off-Market Sale in Carlsbad Village for $3.34 Million
SAN DIEGO, Calif. – April 5, 2018 – Orange Land Holdings, LLC, a San Diego-based investor, has acquired the Jefferson Professional Building in Carlsbad Village (San Diego), California for $3.34 million. Located at 2910 Jefferson St., the asset consists of a two-story 10,904 square-foot, Class B office/medical building in [...]
Empire Centre in San Diego Sells for Nearly $13.7 Million
SAN DIEGO, Calif. – March 28, 2018 – The 132,661-square-foot (sf) Empire Centre in San Diego, California’s Otay Mesa submarket has traded for $13.675 million. National investor TA Realty of Newport Beach acquired the two-building, multi-tenant warehouse/distribution facility from Kavenish LTD. The Class A project was approximately 95% leased [...]
San Diego’s Governor Plaza Commands Price over $10.8 Million
SAN DIEGO, Calif. – March 14, 2018 – Governor Plaza, a premier small-tenant office building located in San Diego’s desired Governor Park community, has sold to an investor for $10.825 million. Performance Wealth (HNW) acquired the 38,617-square-foot (sf) two-story, multi-tenant building from Shoreham Place LLC. Rick Reeder and Brad [...]