Eric Comer

  • Rising Multi-Family Rents Lure More Investors

    As San Diego rents continued their growth through 2014, and are projected to follow a similar upward trend, investors are looking to establish a presence in the market, or cash in on their existing asset while values rise. At the end of Q1, the average rent rate in San Diego stood at $1,596 per month, according to Marcus & Millichap. Recently, deals worth more than $50 million were completed across San Diego, involving residential assets.

    San Diego 01 May 2015 20:26
  • Aimco Acquires Oceanfront M-F Complex in La Jolla for $29M

    Prospect 400 offers a total of 60 residential units including 29 one-bedroom apartments, 24 two-bedroom units and seven studios. The property also features a number of 10 resident garages, while the community’s amenity package offers residents access to a heated pool, a common ocean view sundeck, hydro-therapy spa and a resident lounge equipped with a full kitchen, media niche, billiards table and restrooms. Located on a .65-acre site in San Diego’s La Jolla neighborhood, the residential complex is the result of a redevelopment process that transformed Kellogg’s summer home back in 1970. Since then, the apartments have been owned continuously, and a series of renovations to the building’s exterior have been undertaken as recently as 2010.

    San Diego 10 April 2013 20:04

You May Also Like

  • NAI Facilitates Atlanta-Area $5M Industrial Sale

    The 111,540-square-foot, mixed-use industrial building was constructed in 1983. It is in close proximity to the I-20, putting downtown Atlanta only half an hour away.

    09 November 2017 11:20
  • Supply Catches Up With Demand in Austin

    The Texas capital boasts a strong economic and population growth, maintaining a steady demand for multifamily, despite the temporary surge in supply.

    21 December 2017 12:28
  • CBRE Arranges HQ Relocation for NEC Display Solutions

    The company will leave its Itasca office for a larger space in Downers Grove, Ill. The new facility will include a showcase and demo section and a research and development lab.

    30 October 2017 12:39
  • Monmouth Lands SC FedEx Building for $22M

    Situated on more than 16 acres in North Charleston, the 121,683-square-foot building is a new facility, leased to Federal Express Corp. for 15 years.

    03 November 2017 16:25
  • SunCap Sells $19M SC Industrial Facility

    HFF represented the seller in its disposition of Magna Distribution Center, a 229,950-square-foot, Class A warehouse and distribution facility, situated within the 882-acre master-planned Tyger River Industrial Park North in Moore, S.C.

    17 October 2017 13:12