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.

  • Client-centric approach keeps Burnham Real Estate on successful path

    In 2006, Burnham Real Estate had yet another successful year, with $2.6 billion in transaction sales volume, the direct result of the company's client-centric approach.

  • Business is through the roof for RSI

    Owning and successfully running a company in the fiercely competitive roofing industry comes down to tenacity and determination. These characteristics posed as David Susi's ticket to forming RSI Roofing.

  • A CCIM helps down-on-their-luck parents find careers in real estate management

    When Lauri L. Greenblatt, CCIM, began her career as a property manager, she sometimes faced the unpleasant choice of evicting single-parent tenants who had fallen behind on their rent.

  • 3 buildings sold at new Carroll Canyon Business Park

    Three more industrial buildings have been sold at the new 26-building Carroll Canyon Business Park in the Miramar area of San Diego, bringing the total number of units sold to 23, for a total consideration topping $30 million. Three buildings and two build-to-suit parcels on Camino Ruiz remain available for sale. The 52-acre development is located at the four-lane, signalized intersection of Camino Ruiz and Carroll Canyon Road.

  • Recently completed Poway Corporate Center is 70 percent leased

    The recently completed Poway Corporate Center, Techbilt Cos.' multi-tenant industrial/warehouse distribution project in Poway, is 70 percent leased, according to Ted Cuthbert and Elena Amble of Colliers International, who represent Techbilt Cos. Located in the heart of the South Poway Business Park at 11860-11880 Community Road near Stotler Court and Kirkham Way, the 145,685-square-foot project features two freestanding distribution buildings totaling 115,674 square feet, divisible to 4,096 square feet, as well as a 30,011-square-foot flex/R&D building, divisible to 3,115 square feet.

  • IRS-approved Cost Segregation Study providing significant tax savings to property owners

    Cost segregation is an IRS-approved method of re-classifying components and improvements of a commercial building from real to personal property. This process allows the assets to be depreciated on a five-, seven- or 15-year schedule instead of the traditional 27.5- or 39-year depreciation schedule of real property. Thus, your current taxable income will be greatly reduced and your cash flow will increase, and even better, its retroactive back to 1986.

  • It makes sense to buy, not rent

    If you're a business owner contemplating a new office or plant location, you may want to seriously consider buying instead of renting your space, even in today's market. That's because, if you're like most business owners, you're in it for the long term. The short-term fluctuations of the commercial real estate market won't really matter to you. What matters most is the potential long-term appreciation you can capitalize upon.

  • 2007 should be another banner year for San Diego retail properties

    San Diego's growing economy continues to attract expanding retailers, such as Trader Joe's, Lowe's, Kohl's, Grocery Outlet and Comerica Bank, to name a few.

  • Unique business model separates Lee & Associates from competition

    When Brad Roppe joined Lee & Associates, it was the perfect opportunity to put his entrepreneurial drive to work. The 37-year-old "recovering lawyer" took over the helm of the Carlsbad office as president nearly two years ago, and has never looked back. Clearly, joining such a dynamic firm was a good decision. The firm as a whole, which is the fastest growing commercial real estate firm in the country, has grown more than 31 percent in the past four years.

  • Waterjet cutting systems cut through almost anything!

    HYDRAjet is the newest cutting system that can literally cut up to 8 inches of thick steel and titanium or soft materials such as sponges. It's also the newest piece of equipment acquired by Miller Marine in National City.

  • Murphy Development completes 103,908-square-foot Kojima America Corp. building in rapid fashion

    Murphy Development Co. has delivered a highly specialized 103,908-square-foot building to Kojima America Corp., manufacturer of precision components for plasma TVs, in less than six months. The build-to-suit office and warehouse manufacturing space, located in Otay Mesa's Siempre Viva Business Park at 8917 Kerns St. in San Diego, features 10,000 square feet of improved office space.

  • Early traffic impact identification saves time and trouble

    Due to the mix of uses and increased densities of commercial developments, forethought needs to be used in the design of neighborhood commercial developments, making traffic related issues and potential impacts a priority.

  • New industrial building for South Poway Business Park

    Construction of Techbilt Cos.' newest industrial project is under way at 13367 Kirkham Way in the South Poway Business Park near Community Road. Completion is set for June 2007.

  • Sharp Rees-Stealy leases 41,811 square feet at Scripps Northridge Corporate Center

    Sharp Rees-Stealy will occupy the first floor of the new $35 million, 80,000-square-foot Pinnacle Medical Plaza to be built at Scripps Northridge Corporate Center in San Diego.

  • Franchise re-sales: A new source of revenue

    Have you ever wondered how many franchise businesses there are? Are they limited to just restaurants and real estate companies? There are currently over 700,000 franchises in the United States, and of those, 10 percent, or 70,000, sell annually.

  • What is the CCIM designation?

    The CCIM designation (Certified Commercial Investment Member) is the highest professional certification one can earn in the field of commercial investment real estate. Just as accountants earn the CPA, the CCIM designation identifies a person as an expert in commercial investment real estate. CCIM designees are better connected in their field, and benefit from a wide network of CCIM Partners - designees practicing worldwide.

  • Marketplace at Liberty Station set to welcome first tenants in February

    Old military barracks in Point Loma are getting a new lease on life as the first shops and restaurants are set to open next month at the $50 million Marketplace at Liberty Station.

  • Incoming 2007 president's welcome message

    As CCIM San Diego chapter president for 2007, I want to welcome all our members and sponsors to a New Year filled with challenges and success! The San Diego chapter board of directors has established our goals for the coming year. We want to be even more responsive to our mission of excellence and education in the field of commercial investment real estate. To that end, we will be increasing the availability of local classes that teach the core concepts: Financial Analysis, Market Analysis, User Decision Analysis/Buy or Lease and investment analysis. We will also be consolidating and demonstrating the best available software programs that deal with Lease Comparison Analysis and Own vs. Lease Analysis. Our goal is to bring to our membership the best ways to facilitate applying the analytical tools taught in our national Institute courses directly with your clients in a hands-on environment.

  • Apartment investment activity driven by anticipation of escalating rental rates

    San Diego promises to be a top performer in the apartment investment market this year, despite the fact that the condo conversion craze that propelled the market during the last few years is effectively over.

  • Arden Realty sells portfolio of San Diego properties

    At the end of 2006, Arden Realty Limited Partnership cleared out a number of Southern California industrial properties from its portfolio, which it sold to The Shidler Group, and then acquired several other Southern California properties from DRA Advisors LLC (Developers Diversified Realty). DRA is a New York City-based real-estate investor for large pension funds and college endowments.

  • While housing may improve in 2007, the office market may be overbuilt

    Housing is about to get better, says Gary London, but he has doubts about the office market.

  • Irvine Co. purchases downtown parcel for $60 million

    The Irvine Co. says it has purchased a parcel adjacent to the Santa Fe Depot for $60 million where it plans to develop a new office tower.

  • Merrill: Top-rated commercial mortgage bonds 'cheap'

    NEW YORK -- Commercial mortgage-backed securities with the highest ratings are "cheap" compared with bonds backed by housing loans and other assets, Merrill Lynch & Co. said.

  • Real-estate investing will continue strong in 2007

    LOS ANGELES -- On the heels of last year's privatization of some of the largest public REITs, the strong flow of equity capital into real estate will continue in 2007 -- but in a different direction, according to Stan Ross, chairman of the board of the University of Southern California Lusk Center for Real Estate (www.usc.edu/lusk).

  • 2006 was a good acquisition year for two San Diego REITS, the end of a third

    One REIT has been swallowed, but two others are doing a lot of swallowing themselves.

  • California contractors start 2007 with 35 new laws - fewer than usual

    As of Jan. 1, legislation that was passed and signed into law during the 2006 legislative session has been enacted. Of that legislation, 35 bills will have an impact on contractors and how they do business.

  • Half of GVA IPC real estate brokerage spins off to form new firm

    Half of GVA IPC's staff has moved over to form a new commercial brokerage firm in University City.

  • San Diego commercial real estate may slow, but will stay strong in 2007

    The retail, office and industrial markets may be slowing, but not by much

  • Law firms take lion's share of county major leases for 2006

    Leasing activity doesn't seem to have been hurt by the housing slowdown, but certain sectors are better than others.

  • Dwindling industrial land focus of proposed General Plan overlay

    Employment land is disappearing fast and there's a squabble over the remaining parcels.

Profiles

  • Firm says it defies 'brokers die broke' adage

    In the lobby of Lee & Associates' office building in the University Towne Centre area, the words “Retail Properties Group” are scrawled across the wall in large blue lettering.

National News

Archived Reports

Commercial Real Estate Report - 2011

Read about projections for the coming year, industry leaders, lease negotiations, projects and more in the annual Commercial Real Estate Report.

Commercial Real Estate Report - 2010

Read about highlights, projections for the coming year and the top issues and concerns facing the industry in the Commercial Real Estate Report.

Commercial Real Estate Report - 2009

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.

Commercial Real Estate Report - 2008

This annual special report covers current market conditions, new projects, industry highlights and projections for the coming year.

Commercial Real Estate Report - 2006

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.

Commercial Real Estate Report - 2005

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.