SAN DIEGO-With construction slated for late 2004, design of the 301 University Ave. facility is complete. Developed by La Jolla Pacific Development Group and designed by KMA Architecture & Engineering, the mixed-use building will consist of 150,000 sf of commercial and residential space upon completion.
CARLSBAD, CA-Zimmer Dental signs a 138-month lease for 73,057 sf in an existing building in the local mixed-use complex and another 22,675 sf in a new facility slated to be completed here in August 2005. Prior to the recent lease, the property had sat largely vacant during the past several years.
OCEANSIDE, CA-With condo fever continuing to sweep through San Diego County, the Parkview Village Apartments has been snapped up here by a buyer planning to convert the property into a condominium complex.
CARLSBAD, CA-The entire 146,915-sf industrial complex is now under new ownership, having traded hands in a series of small, separate transactions involving more than half a dozen buyers over the past two years.
SAN DIEGO-As the condo conversion craze continues to sweep through San Diego County, Pacifica College LP acquires the College Park Apartments asset in Chollas Heights for $156,250 per unit with plans to convert the 160 apartments here into condominiums.
SAN MARCOS, CA-The Koll Co. beefs up its portfolio with the recent acquisition of La Costa Meadows Industrial Center for $12 million, which has brought the company's holdings to a total of more than 1.5 million sf.
SAN DIEGO-Having already closed its first transaction, the recently created Fenton Investment Co. is offering equity for new industrial, office, retail and residential developments - as well as value-added opportunities - located throughout San Diego County.
SAN DIEGO-Multifamily assets continue to be one of the strongest product types in San Diego County's commercial real estate market, as a new report from Burnham Real Estate shows that sales prices for apartment properties here jumped from $101,544 per unit at the beginning of 2003 to $123,152 per unit by year-end.
SAN DIEGO-With Downtown's office sector exhibiting new signs of life, the Arte Building finds a buyer after only two months on the market. Encompassing 64,565 sf, the circa 1935 office structure stands at 1111 6th Ave. in Downtown's core financial district.
SAN DIEGO-Locally based Nuwest Communities LLC puts 45 units in the Arey Pointe Condominiums complex up for sale. The units, which are being sold together as a package, date back to 1976.