CARLSBAD, CA-An entity of BlackRock Realty Advisors Inc. acquires the six-building, 120,934-sf La Costa Towne Center. The property includes 92,464 sf of retail and 28,471 sf of office space.
SAN DIEGO-The La Jolla-based real estate investment firm sells 925 B St., a 66,000-sf Downtown office property. The former corporate offices of Chicago Title fetches $13.1 million.
SAN DIEGO-The local office sector continues its strong performance as the Downtown project picks up $21.5 million in construction financing. SplitRock Group LLC arranges the loan.
SAN DIEGO-The San Diego County multifamily market set a record last year, with an average price per unit of $177,189. That number is a 143% increase since 2001.
OCEANSIDE, CA-After acquiring three acres in the area, the Irvine-based developer will build a Residence Inn. The four-story project will include 85,000 sf and 125 rooms.
DEL MAR HEIGHTS, CA-The law firm of Sheppard Mullin Richter & Hampton LLP signs a 10-year lease at Paseo Del Mar. The firm will take 54,187 sf at the class A project, which is under construction.
SAN DIEGO-The Downtown San Diego mixed-use project will offer retail condos on a for-sale basis. The units will range from just under 3,000 sf to 6,200 sf.