SD REAL ESTATE

Westcore Properties Acquires Azusa Industrial Property

Purchase price ws $8.8 million

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Willow Glen Apartments Sold For $17.9M

Complex has 97 apartments

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Linda Vista Apartments Sold For $11.6M

Complex has 45 apartments

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MG Properties Group Acquires Nevada Apartments

Complex has 184 apartments

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Downtown Parking Garage Sold For $6.3M

Garage has 265 spaces

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Palomar Triad Office Building In Carlsbad Sold For $9.2M

Building was renovated in 2013

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Otay Mesa Industrial Building Sold

Building was renovated in 2017

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City Heights Apartment Building Sold For $2.5M

Building has 20 apartments

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Vista Industrial Building Sold For $7.8M

Building sold to avocado packer.

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Kearny Mesa Office Building Sold For $3.8M

Building was 95 percent leased

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Former Fire Station Sold For $3M

Building was constructed in 1900

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Life Sciences Continue to Boost Market

It’s probably no real surprise, but Cushman & Wakefield recently reported that the life science industry was a driving force behind commercial real estate investment in San Diego and elsewhere in 2018 and is likely to perform well in 2019.

No Relief for Renters

Investing in apartment projects continues to pay off throughout most of San Diego County with rents in most cities continuing to climb.

Longfellow Taps San Diego Talent

Fresh off its acquisition of 14 industrial buildings in Sorrento Valley, Longfellow Real Estate Partners based in Boston further cemented its position in San Diego by hiring local real estate veteran Nick Frasco as managing director of its West Coast operations.