By CoStar Research
August 1, 2024
San Diego's commercial real estate market saw significant activity in the second quarter of 2024, with CoStar recognizing top leases that are shaping the city's landscape.
Prominent office leases signed by the City of San Diego, SAIC, and Engineering Partners, negotiated by top dealmakers from RE, CBRE, and JLL, are among the key transactions highlighted. As big-ticket items involving sizable investments, these commercial property transactions often have a wider impact within the community.
A standout deal this quarter is Pacific Coast Commercial's lease at 3423 Channel Way, San Diego, CA. Here are the details:
Space Leased: 20,700 SF
Deal Type: New Lease
Tenant: Horizon Recuperative Care
Brokers Involved: Jason Vieira, Colton Speas, and Tommas Golia of Pacific Coast Commercial represented the landlord.
Deal Commentary: Horizon Recuperative Care, a company that provides displaced people throughout the Los Angeles, Orange County, and San Diego regions with the comprehensive follow-up care they need as they transition between hospital and home, has signed a lease to occupy this entire building starting in September. This deal marks its expansion into the San Diego market.
This lease not only highlights the growing demand for healthcare services in San Diego but also underscores Pacific Coast Commercial's key role in driving significant deals within the market. CoStar's recognition of these transactions each quarter, along with the dealmakers who make them happen, underscores their vital role in shaping the future of commercial real estate in their respective markets.
You can read more about it on CoStar: https://product.costar.com/home/news/1049256070
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