In the News
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 [...]
San Diego Investment Market Slows in 2017, but Still Again ‘Above Average’
SAN DIEGO, Calif. – March 13, 2018 – For the third straight year, despite a slowdown from recent years, San Diego’s capital markets sector proved to be ‘above average’ according to Cushman & Wakefield’s year-end market report. Sales volume in San Diego for properties $10 million and greater reached [...]
Chicago RE Firm Acquires Excel Centre in San Diego for $37.1 Million
SAN DIEGO, Calif. – March 6, 2018 – Excel Centre, a premier 83,213-square-foot (sf) medical office building in San Diego, California anchored by Kaiser Permanente has recently sold to Chicago-based MBRE Healthcare for $37.1 million. The property is located at 17140 Bernardo Center Dr. in Rancho Bernardo, an upscale [...]
Oceanside’s Pacific Gateway Towers Fetches over $14.9 Million
SAN DIEGO, Calif. – February 26, 2018 – Pacific Gateway Towers, a 68,748-square-foot, two-building Class A office and medical project in Oceanside (San Diego), California has sold for $14.94 million. Private Investor Charlie Jadallah acquired the property from IPF Tri City, LLC (Fenway Properties, LLC). The sale price produced [...]
Oceanside’s Rancho Del Oro Commerce Center Sells in Off-Market Transaction for $12.75 Million
SAN DIEGO, Calif. – February 6, 2018 – Courtyard Mira Mesa, LLC, an Irvine-based investor, has acquired Rancho Del Oro Commerce Center in Oceanside (San Diego), California for $12.75 million. The multi-tenant industrial project totals 93,160 square feet and consists of four single-story buildings located at 4055, 4059, [...]