SAN DIEGO-KBS, which acquired Paseo Del Mar in January 2007 for $120 million, or $516 per sf, sells it to a German fund.

SAN DIEGO-KBS, which acquired Paseo Del Mar in January 2007 for $120 million, or $516 per sf, sells it to a German fund.

SAN DIEGO-The property has six buildings, including a medical office and hospital, a retail/office, two retail/residential, two additional retail buildings and a four-story parking garage.

LOS ANGELES—The group issued a report tht portrays strength in Downtown LA, crediting affordability compared with the West LA's office market, as well as the ongoing Downtown renaissance.

LOS ANGELES—The group issued a report that portrays strength in Downtown LA, crediting affordability compared with the West LA's office market, as well as the ongoing Downtown renaissance.

SAN DIEGO, CA. - The new owner plans to continue the previous use of the building with all tenants staying in the location.

'I think they will survive this, and I think multifamily is a key part of their business, and I think they will adjust overall.'

'I think they will survive this, and I think multifamily is a key part of their business, and I think they will adjust overall.'