SAN DIEGO, CA-The buyers, Momarfran Ltd. and Encin Real Estate Corp., have picked up the property as the upleg in a 1031-exchange transaction. Located at 3636 Camino del Rio North, the building encompasses approximately 29,475 sf.
SAN DIEGO, CA-BR Workforce LLC acquires the 82,236-sf asset, which stands at 3910 University Ave., from the San Diego Revitalization Corp. The property is 100% occupied by the San Diego Workforce Partnership.
SAN DIEGO, CA-The apartment units, which are located in Escondido, Del Mar and Vista, sell in three separate transactions. All three deals involve private investors.
CARLSBAD, CA-The consumer products company that specializes in sporting goods inks a $13-million, 132-month lease to occupy the Carlsbad Corporate Center building located at 5818 El Camino Real.
NATIONAL CITY, CA-The owner of the Sweetwater Town & Country retail center will use the funds to reposition the property's debt. Encompassing 164,577 sf, the asset is located at 1502-1910 Sweetwater Rd. here.
SAN DIEGO, CA-According to recent statistics compiled by the California Employment Development Department, joblessness is on the decline in San Diego County. The report states that the unemployment rate has dropped from 4.4% in July 2004 to 3.7% in August 2004.
POWAY, CA-Stowe Properties LLC wraps up construction on its 12,000-sf complex, which the developer had started building this past January. Located at Scripps Poway Parkway and Stowe Drive, the property is occupied by dining establishments and other ancillary services, such as a hair salon and dry cleaners.
SAN DIEGO-The National Association of Industrial and Office Properties unveils a new format for its national conference, which aims to create a more tailored experience for the attendees.
SAN DIEGO-The biomedical firm will move its headquarters to the new location later this month, according to its 80-month, $6.3-million agreement with building owner CarrAmerica Realty Corp.