Sorrento Mesa Submarket

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  • DRA, Cypress Pay $41M for Sorrento Mesa Office Portfolio; NBC 7 Seals Move to Kearny Mesa

    In what was yet another good week for San Diego’s office market, a large portfolio deal was completed by a partnership between DRA Advisors LLC and Cypress Office Properties LLC, while local news outlet NBC 7 San Diego also acquired an office asset. The two deals were worth a combined $50 million, greatly boosting the profile of the local commercial real estate market. The transaction was arranged by Cassidy Turley Executive Managing Editor Rick Reeder and Managing Director Brad Tecca on behalf of the seller.

    San Diego 26 June 2014 15:29
  • Vista, Sorrento Mesa Industrial Assets Fetch $75M in Separate Deals

    In a great week for the San Diego industrial real estate market, two properties traded hands in two separate deals for a combined total of over $75 million. Cornerstone Real Estate, a Connecticut-based entity, paid a fee of $57.6 million for an asset in the Vista submarket, while a Sorrento Mesa industrial building was acquired by Colorado-based Alliance Commercial Partners LLC.

    San Diego 22 May 2014 03:47
  • Parallel Capital Partners Teams with Zell to Buy San Diego Office Campus for $73M

    Parallel Capital Partners has added to its holdings in the San Diego area with the acquisition of a three-building Class A office complex in the Sorrento Mesa submarket for $73 million.

    San Diego 26 March 2014 14:01