28 June 2016
San Diego
Reporter: Becky Butcher
RAF Pacifica acquires land in San Diego
RAF Pacifica Group has acquired 18.4 acres of land within the Carlsbad Raceway Business Park, where the firm plans to build two distribution buildings for $15.1 million.

The buildings, totalling 272,430 square feet, are located in San Diego and plan to be completed by Q4 of 2017.

Adam Robinson, principal of RAF Pacifica Group, said: “Carlsbad’s significant growth in the technology, distribution, and manufacturing sectors is increasing demand for quality industrial space well beyond the market’s existing vacancy of just 3.7 percent in all of San Diego County.”

More news
The latest news from Real Estate Investment Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Peter Cirenza named head of London operations at Tikehau Capital
24 April 2017 | London | Reporter: Theo Andrew
The creation of this new role is intended to broaden Tikehau Capital’s global leadership team
Kennedy Wilson Holdings to merge with European arm
24 April 2017 | London | Reporter: Theo Andrew
KW, the California based real estate company, will take full control of the merged group, expected to have a market capitalisation of approximately $4 billion
Finnish shopping centre taken on by Barings
24 April 2017 | Espoo, Finland | Reporter: Theo Andrew
Constructed in 2008, the shopping centre has a heated garage with 300 spaces and sits 25 minutes from Helsinki by train
90 North exits Siemens UK gas turbine HQ
21 April 2017 | Lincoln, UK | Reporter: Katherine Brown
Real estate investment firm 90 North has sold Feilden House in Lincoln to Siemens PLC, a global engineering and technology services company
French election to affect investor strategies
21 April 2017 | London | Reporter: Theo Andrew
Research conducted by Intertrust also found that 48 percent said the outcome of the German Federal Election in September would have the same effect
Invesco acquires 50 percent of London shopping centre
21 April 2017 | London | Reporter: Theo Andrew
Invesco has been working to increase its allocation in shopping centres and this asset is forecast to provide a solid net operating income
Investec finances Ballymore industrial sites
20 April 2017 | London | Reporter: Theo Andrew
Ballymore Group is seeking to secure residential planning consent at the sites