SAN DIEGO-BRE Commercial becomes a member of Grubb & Ellis Co.'s affiliate network, in a move that will give the locally based firm access to resources of a global scale.
CHULA VISTA, CA-New York-based One Liberty Properties Inc. snaps up the 60,000-sf asset, with company officials calling it a good fit for the REIT's portfolio. The theater is net-leased on a long-term basis to Regal Cinemas Inc.
ESCONDIDO, CA-CT Realty Corp. sells the 62,000-sf medical office asset, known as Townview, to San Diego County Medical Buildings LLC. The three-story facility stands at 215 S. Hickory St. in Escondido.
SAN DIEGO-The Centre City Development Corp.'s board of directors grants design review approval for the One Library Circle mixed-use project, which has been proposed by Doug Austin. The project is slated to include 119 condominiums; 17,200 sf of retail space; and 240 parking spaces upon completion.
SAN DIEGO-The Shidler Group purchases the two-building office complex from RRBP LP. Encompassing 48,342 sf, the asset is occupied by tenants including United Tote Co. and AOA Geomarine Operations.
SAN DIEGO-VCC Investors LP, a partnership of the Birtcher Anderson Co. that acquired the Mission Valley office asset around 18 months ago, sells the 171,391-sf property to The Hearn Co. The facility is currently occupied by more than 80 tenants.
SAN DIEGO-Carlsbad-based Newport National Corp. makes its first foray into the Mission Valley submarket with a decision to develop a 73,100-sf office facility here. Slated to rise on Friars Road, the proposed building will comprise the second phase of the Rio San Diego Plaza park.
CARLSBAD, CA-Continuing Life Communities' new Carlsbad projects, Glenview Assisted Living and GlenBrook Skilled Nursing, have celebrated their grand openings. Housed in the same health care center, the projects will provide residents with a range of services, including full-service rehabilitation and mental stimulation programs.
SAN DIEGO-Chase Automotive Finance inks an $8.3-million lease for 61,106 sf of office space in the Legacy Sabre Springs complex. Comprised of two office facilities, Legacy Sabre Springs is located at 13500 and 13520 Evening Creek Drive North.
SAN DIEGO-The new division, known as the Capstone Direct Lending Group, is focused on commercial and residential real estate product throughout the Western US. Headed up by industry veteran Justin Bert, the group specializes in short-term bridge financing.