February 1, 2018

San Diego's Developers Look To Downtown And The South Bay For Growth

What is true in ancient Greece stands in today's San Diego's CRE market: the only constant is change. Two panels at Bisnow's Word on the Beach: San Diego's State of the Market event, held at the Westin San Diego on Jan. 25, discussed a variety of market topics, chief of which was the question of what is next? Panelists discussed which neighborhoods are hot and which are ripe for future growth and development.

One panelist zeroed in on downtown's East Village, which several developers have marked as a high-growth target. HP Investors principal Marc Stanworth said his company has gone all-in on downtown. “We moved our office to the East Village, we're drinking the punch and we believe…

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California Office Sales Down, But State Boasts Healthy Pipeline Of New Office

Office investment was down in 2017 despite ongoing interest from investors in San Francisco and Los Angeles. Despite a slowdown, the office pipeline was robust with millions of square feet delivered in 2017 and millions more expected for this year. 

Using data from Yardi Matrix, CommericalCafé analyzed several California office markets in Q4. California had 288 major office deals in 2017 totaling about $22B in sales volume across seven major markets. This volume was 17% lower than the $26B in sales…

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Barcelona Artist Installs 25-Foot Sculpture At New Downtown Development

Recently completed at Pacific Gate by Bosa, a new luxury condominium complex in downtown San Diego, is Pacific Soul, a 25-foot sculpture by Barcelona artist Jaume Plensa. Both Pacific Soul and Pacific Gate are at the corner of Pacific Highway and Broadway. Plensa, who…

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LPC West Acquires Two Properties In The Morena District And Chula Vista

LPC West acquired two fully leased San Diego County industrial properties, totaling more than 175K SF, in off-market transactions. The first, a 77K SF industrial distribution warehouse, is at 5260 Anna Ave. in San Diego in the Morena District. LPC West, a division of Lincoln Property Co., purchased the property…

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Irvine Co. Continues Expansion Into Del Mar Heights

Irvine Co. has acquired Gateway at Torrey Hills, continuing its expansion into Del Mar Heights. Gateway at Torrey Hills, a two-building, 198K SF office campus, sold for $105M. “Our decision to acquire Gateway at Torrey Hills is another sign of our…

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New Development Spikes Around Super Bowl Host City's Stadium

As Super Bowl weekend fast approaches, the city of Minneapolis is buzzing — and not just in anticipation of an economic windfall as a result of the big game.

Downtown Minneapolis has undergone a major transformation, particularly east downtown near U.S. Bank Stadium — host of the 2018 Super Bowl. The area, once a sea of open parking lots, now boasts a thriving business community with a live-work-play environment that city officials told Bisnow appeals to both young professionals and empty nesters alike.

Anchored by the Minnesota Vikings' U.S. Bank Stadium, Downtown East is also home to Wells Fargo & Co.'s new $300M office towers and a massive 4-acre park called The Commons.

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Hey, Where Did All The Americans In London Go?

London saw more commercial real estate investment than any other city in the world in 2017, according to JLL. But there is one group of investors finding it increasingly difficult to invest in the U.K. capital.

North American investors, from the U.S. in particular, were a dominant force in London as the market recovered after the credit crunch, with firms like BlackstoneBrookfield and Oxford Properties becoming huge players.

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8 Things You Need To Know About The Real Estate Retreat Redefining Dealmaking

Once a year, a carefully curated group of commercial real estate's best and brightest converge to build bonds, share experiences and explore conversations beyond the industry. Welcome to Escape.  What began as an answer to the lack of networking platforms…

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San Diego 03.07.2018
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San Diego Industrial 2018
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Bruce McDonald
McDonald Property Group
Ben Badiee
Badiee Development Inc.
Catherine Hastings
Innovative Industrial Properties
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