City: San Diego
2 San Diego Office Towers to Sell for $173.5Mln
Two office buildings at 525 and 600 B St. in the city's financial district are quietly selling for nearly $228/sf. Southwest Value Partners, which bought the Class-A office buildings less than 10 years ago in deals totaling an estimated $23 ...
Prentiss Pays $17.7Mln for San Diego Offices; to Buy 3Com HQ
May 17, 2004 Prentiss Properties Trust (NYSE:PP) has paid $17.7 million for the Bluffs, a 69,000-square-foot office building in the Rancho Bernardo, just north of San Diego.The Dallas REIT then moved the property to a venture it operates with Stichting ...
Moody’s Upgrades Fashion Valley CMBS Deal
May 12, 2004 Moody's Investors Service has upgraded the five classes of Fashion Valley Mall Mortgage Trust, 2002-C1A, because the collateral property, a 1.7 million-square-foot mall in San Diego, has outperformed expectations.The rating agency upgraded the deal's:– $6.5 million class ...
InnSuites Sells Ariz., Calif., Hotels
April 6, 2004 Arizona Republic (Last Item)InnSuites Hospitality Trust, based in Phoenix, has sold a hotel in Tempe, Ariz., and one in San Diego. The trust sold its 160-unit InnSuites Hotels & Suites Tempe-Phoenix for $6.8 million to an affiliate ...
Freddie Mac Lends $82.5Mln Against San Diego Apartments
March 16, 2004 Freddie Mac has provided $82.5 million in financing for the La Scala Apartments and the La Jolla International Gardens Apartments, both in San Diego.L.J. Melody & Co.'s San Diego office arranged the financing.The 354-unit La Scala complex ...
PPM America Provides $36Mln of Debt for San Diego Hotel
February 4, 2004 PPM America has provided $36 million of financing for the San Diego Marriott Del Mar, a 284-unit hotel in San Diego.The five-year mortgage was arranged by Holliday Fenoglio Fowler's San Diego and Los Angeles offices. The loan ...
San Diego Apartment Project Trading for $203Mln
January 20, 2004 JP Morgan Fleming Asset Management is buying The Promenade Rio Vista – an apartment development in San Diego still under construction – for $203 million.The pension fund adviser is buying the two-phase development from PLC Apartments LLC. ...
Mixed-use Project in San Diego Gets $46Mln Loan
January 20, 2004 S.D. Bridgeworks LLC has received a $46 million floating-rate first mortgage for The Bridgeworks mixed-use project, which includes the Hilton San Diego Gaslamp Quarter Hotel.Sonnenblick-Goldman arranged the loan through a domestic commercial bank.The project is comprised of: ...
Radius Investments Purchases Kearney Mesa Office Building
January 12, 2004 Radius Investments LLC, a Santa Barbara, Calif.-based real estate investment company, has purchased the Chesapeake Center, a two-story office building in the Kearney Mesa section of San Diego for $8.75 million. The building, constructed in 1984, has ...
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