San Diego, CA-Miramar Commerce Center, a 112,000-sf business park, sells for $17 million. LBA Realty picks up the five-building property, which is 92% leased to approximately 28 tenants.
SORRENTO MESA, CA-The wireless communications firm acquires Pacific Point Business Park, a three-building R& D complex. The park is part of a 15-building portfolio owned by the Shilder Group.
SAN DIEGO-A 56-unit apartment complex, The Heritage Apartments in El Cajon, sells for $6.7 million. The buyer, Jacoba Heritage North, will convert the property to condominiums.
SAN DIEGO-Torrey Hills Center, opened last August, reaches full tenant capacity. The recent lease deals in the 86,000-sf shopping center demonstrate bolster the strong demand for retail in San Diego.
SAN DIEGO-Torrey Hills Center, opened last August, reaches full tenant capacity. The recent lease deals in the 86,000-sf shopping center bolster the strong demand for retail in the city.
POWAY, CA-An affiliate of Irvine-based Western National acquires a 193-unit property comprised of ten two-story buildings. CharterMac Mortgage Capital provides $18 million in mortgage funding for the sale.
CARLSBAD, CA-Developer Kelly Capital Group acquires a total of 40 acres at the Bressi Ranch Corporate Center with another 25 acres in escrow. The land will be used for two million sf of office space, flex buildings and industrial condominiums.