In this special section, The Daily Transcript partners with the San Diego CCIM Chapter to provide a comprehensive report on the county's commercial real estate market.
Over the past six months, the commercial development division of Sares*Regis Group (SRG Commercial) has made a substantial investment in commercial real estate in Southern California, and specifically San Diego County. According to Bruce Bearer, senior vice president of the Sares*Regis Group, the investment in the San Diego region is expected to continue as the company seeks additional development and investment opportunities.
San Diego's Pacific Building Group (PBG) is celebrating its 20th anniversary.
Eight leases, totaling 71,624 square feet with a value in excess of $6.5 million, have recently been signed at the nine-building, 648,000-square-foot San Diego Tech Center in Sorrento Mesa.
The commercial real estate brokerage community in San Diego is as diverse as the market itself. As a player in the market today, whether as a prospective tenant, a landlord, a property owner looking to sell, or as a 1031 Exchange buyer, you may select from a variety of brokers to assist you in your real estate needs. So the question becomes, "Who do I hire, and how do I find them?" Determining how to find a qualified broker can be a challenge.
For years, Carlsbad's industrial real estate market suffered from a building boom - there was simply too much growth, too quickly.
After finishing the year with a buying and selling flurry that included over $200 million in transactions in December, San Diego-based The Shidler Group announced it completed over $1 billion in office, R&D, hotel, retail and land deals in 2004.
San Diego State University's (SDSU) College of Business Administration announced that its Real Estate Program is the recipient of a $100,000 pledge from the Grubb & Ellis|BRE Commercial real estate brokerage firm. The pledge will be combined with other donations to help fund a faculty professorship in real estate.
A comprehensive upgrade program and re-branding marketing campaign is now underway at Scripps Corporate Plaza, a three-building, 243,116-square-foot office project in Scripps Ranch. Atlanta-based VEF Advisors LLC purchased the project, located at 10650, 10670 and 10680 Treena St., in April 2004.
Residents of Diamond Neighborhoods of southeastern San Diego will celebrate a milestone next month in their journey to create a new vision for their community. Market Creek Plaza, the resident-planned, designed, built, leased and operated project, is fully leased and soon to be completely open.
In a ruling that may make the approval process for commercial development more time-consuming and costly, the Fifth District Court of Appeal recently issued an opinion under the California Environmental Quality Act (CEQA) requiring shopping center environmental impact reports (EIRs) to evaluate the potential for new retail to indirectly cause urban decay. The decision also requires developers to identify certain tenants in the EIR, and more.
If the redevelopment of East Village were a crown, then DiamondView Tower would be one of its biggest jewels. The 15-story, 306,700-square-foot office and retail building will not only provide the area with a dramatic addition to its growing skyline but also an employment-based land use vital to East Village's success.
Log on to the Web sites for the city of Chula Vista (www.chulavistaca.gov) and the redevelopment arm of the city of San Diego (www.ccdc.com) and you will see pictures, before and after, of what redevelopment can do for neglected neighborhoods.
Commercial real estate in the greater San Diego region continues to enjoy strong support from investors of every size, type (private, corporate or institutional) and headquarter address, according to experts of Grubb & Ellis|BRE Commercial, one of San Diego County's leading providers of integrated real estate services.
As a commercial real estate practitioner working in the industry for over 25 years, I look back and wonder how I ever succeeded in this business without the knowledge and disciplines of the Certified Commercial Investment Member (CCIM) program.
The Plaza Las Americas (formerly the International Gateway of the Americas) has been sold for $97 million. The transaction includes the 31.8-acre, 372,000-square-foot completed first phase of the factory outlet center and the adjacent 15-acre, 188,000-square-foot second phase.
The San Marcos Studios are soon to become a reality, and an old recycling facility is about to gain new life.
Where will vacancy rates in San Diego County be at the end of 2005? Some local brokers have offered a few ideas.
Legacy Sabre Springs, a two-building, 281,830-square-foot multitenant office park in the Sabre Springs/Carmel Mountain Ranch area at 13500 and 13520 Evening Creek Drive, San Diego 92128, has been sold for $98 million, cash.
In 2004, the two-year turnover of much of downtown San Diego's high-rise office space was completed, condominium conversions multiplied, and shopping centers commanded big prices when available.
The medical and biotech industries were the biggest forces in San Diego County's leasing market in 2004.
Read about projections for the coming year, industry leaders, lease negotiations, projects and more in the annual Commercial Real Estate Report.
Read about highlights, projections for the coming year and the top issues and concerns facing the industry in the Commercial Real Estate Report.
This annual special report covers the top issues and concerns facing today's commercial real estate industry, as well as projections for the coming year.
This annual special report covers current market conditions, new projects, industry highlights and projections for the coming year.
This annual report covers the latest in leasing negotiations, space availability, industry highlights, new projects, top issues and concerns facing today’s commercial real estate industry, as well as projections for the coming year.
This annual special report covers leasing news, commercial sales, industry highlights and new projects. This publication will be delivered to CCIM's Real Estate Investment Forum on Tuesday, Jan. 24, and the USD Burnham-Moores Center for Real Estate Conference on Tuesday, Jan. 31.