HFF Closes Sale Of And Arranges Financing For Gaslamp CitySquare In Downtown San Diego

Downtown San Diego

Olivia Hennessey | Oct 25, 2013 IRVINE, CA – HFF announced today that it has closed the sale of and arranged financing for Gaslamp CitySquare, a 54,773-square-foot high-street retail asset in San Diego’s historic Gaslamp Quarter. HFF marketed the property on behalf of the seller, Champion Real Estate Companies.  A joint venture between Clarion Partners and HP […]

Katsuya restaurant at Hollywood and Vine has a new landlord

Hollywood and Vine

By Roger Vincent 7:25 AM PDT, August 26, 2013 A ground-floor condominium at Hollywood Boulevard and Vine Street intended to house shops and restaurants has been sold to a San Diego real estate investor as the neighborhood around the famed Hollywood intersection attracts more growth. HP Investors bought the 10,800-square-foot condo in the Broadway Lofts, […]

There’s a Line to Get In Gaslamp Properties

Gaslamp

By Lou Hirsh Monday, August 12, 2013 Commercial broker Danny Fitzgerald’s firm has fielded more than a dozen offers for the space being vacated by the popular Croce’s restaurant in the heart of the Gaslamp Quarter. A new tenant could be announced in mid-September by the property’s landlord, the Keating Hotel. Many of those queries are […]

Downtown SD building sold

Downtown San Diego Building

August 6, 2013 Chuck Klein and Kevin Held, of Cassidy Turley San Diego, represented the seller in the Deal of the Week. Bill Shrader, of Cushman & Wakefield, represented the buyer. The deal was the sale of an approximately 9,872-square-foot restaurant building at 705-709 Sixth Ave. in downtown San Diego occupied by Buca di Beppo for $5.7 […]

Hawaiian Gardens Shopping Center Sells for $11.6M

Hawaiian Gardens

March 30, 2012 Written by Philippe Recto (precto@costar.com) Urdang Associates sold the Hawaiian Gardens Towne Center in Hawaiian Gardens, CA, to HP Investors LLC for $11.6 million or $147 per square foot. The retail property was reported to be only about 37.5 percent occupied at the time of sale. The shopping complex is 121,815 square […]

Wealthy Individuals Finance Commercial Property for Yield

Miramar Square

Margaret Collins and Oshrat Carmiel March 10, 2011, 9:11 AM PST When Sumeet Parekh bought a retail property in Manhattan’s TriBeCa neighborhood in January, individual investors provided about a quarter of the financing.Morgan Stanley put up a little more than half of the $6 million purchase price, and Parekh contributed about $1.25 million. He got […]