San Diego Commercial Property News

The life sciences industry encompasses a wide variety of medical fields, including biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, and biomedical device manufacturing. From a commercial real...

Cushman & Wakefield recently sold a 160,000-square-foot medical office building owned by Palomar Health in Poway, California, in a sale-leaseback transaction for more than $100 million. Pomerado Outpatient Pavilion is Poways largest medical building and was the...

The Lanai Village apartment complex in Sring Valley, California recently sold for approximately $10.8 million. The buyer was Twelve Management Group, LLC. The property was built in 1965 is 32,944-square-feet with 48 apartments – 26 one-bedroom, one-bathroom...

The La Jolla-based real estate firm, Protea Properties recently closed on five commercial buildings in San Diego County, California for a combined price of $47 million. Four of the properties were in Chula Vista and one in Mission Valley. All the buildings were either...

The San Diego restaurant industry has been especially hit hard by the COVID-19 lockdowns and new purple tier restrictions, which have nearly shuttered their indoor operations due to Governor Gavin Newsom's new stay-at-home orders. On-site dining must stop, but...

San Diego County approved a new $20 million assistance fund intended to help local businessses hit hardest by the state lockodown orders which have shuttered indoor operations. County supervisors voted last week 5-0 in favor for the assistance fund for local San Diego...

A San Diego County judge has rejected a lawsuit by local gym and restaurant owners in an attempt to override the state's COVID-19 emergency business lockdowns under the "purple" tier for pandemic closures. The purple tier allows only outdoor operations for businesses...

If the COVID-19 lockdowns weren't bad enough for commercial property owners who are having an extremely difficult time in collecting rents, now they have been hit with rising rates in both property and liability insurance, according to Property Casualty 360. The...

The uncertainty and volatility in the commercial mortgage-backed securities market by COVID-19 lockdowns are causing extreme havoc for investment firms like Credit Suisse. The firm just announced that its global SIX Swiss Exchange fund had been suspended immediately,...

The San Diego Commercial real estate market is ending the 2020 year with some high profile deals and closings that may change the shape of the local property market. 1.IQHQ Closed on $1.7 Billion in Financing for Life Science Developments In September 2021, the Solana...

In September 2021, the Solana Beach-based real estate investment trust (REIT) company IQHQ completed the acquisition of 1.5 billion dollars of commercial property in the city of San Diego for its life science projects. The new massive development is called the 'San...