LA JOLLA, CA-BDC Development Ltd., a subsidiary of All Star Investments, acquires the 17,000-sf Lion Clothing retail facility with plans to completely renovate the asset.
SAN DIEGO-The locally based real estate firm acquires an 18,619-sf facility that is currently occupied by the San Diego Regional Office of the California Department of Fish and Game. Located at 4949 Viewridge Ave., the property is comprised of 75% improved office space and 25% warehouse/storage space.
SAN DIEGO-Slated to rise at the southwest corner of Beech and Union streets, the project will bring 89 condominiums units and approximately 6,000 sf of retail space to the Little Italy district of Downtown.
OCEANSIDE, CA-United Dominion Realty Trust adds the asset to its nationwide multifamily portfolio, which is currently comprised of 75,809 apartment units. Located at 4401 Mission Ave. in Oceanside, Presidio houses 264 units and was 89% occupied at the time of sale.
CARLSBAD, CA-With groundbreaking on the project slated for early this autumn, HG Fenton Co. plans to add three multi-tenant, industrial buildings and a two-story, office building to the complex, which currently encompasses 150,173 sf.
OCEANSIDE, CA-An entity of the San Diego-based developer procures development rights to the $32-million Oceanside Terraces Condominiums from Southland Land Co. The project is expected to break ground sometime this fall.
OTAY MESA, CA-Beard Land Co. purchases the 195,540-sf logistics building that Argus Realty Investors LP acquired in 2001. Argus planned to hold the property for six years, but the asset reached its sale price target in just 35 months, giving investors an 18.11% average annual return.
SAN DIEGO-India Street LLC submits its Centre City development permit application for the boutique office building, which is slated for the Columbia area of Downtown. The facility is currently planned to house 60,000 sf of office space, as well as a retail component.
SAN DIEGO-The Shidler Group sells off another one of its San Diego assets from its eight-million-sf portfolio, with Horizon Christian Fellowship snapping up The Campus at Scripps Ranch from a partnership involving Shidler and Angelo, Gordon & Co.
SAN DIEGO-The developer has filed a Centre City development permit application for its proposed, mixed-use project, known as DiamondView Tower. Design plans call for 250,000 sf of office space, with a 75,000-sf retail component.