CARLSBAD, CA – As a sign of continued strong demand for retail space throughout San Diego County, Capstone Advisors, a real estate investment, development and advisory firm headquartered in Carlsbad, California, acquired two retail centers in Poway, California. Both centers were acquired in two separate transactions totaling approximately $11 million. (Read Press Release)
Capstone Acquires Costa Rican Resort Parcel
CARLSBAD, CA – Capstone Advisors, a real estate investment, development and advisory firm headquartered in Carlsbad, Calif., announced today that it has completed the acquisition of Diamante, a spectacular 479 acre parcel of land located in the heart of the “Gold Coast” of Costa Rica, the country’s most popular tourist destination. The property boasts nearly ¾ of a mile of coastline on the Pacific Ocean and a pristine private beach known as Playa Majagua with clear water and sandy bottoms. Capstone Advisors, along with its partner, plans to develop the site as a world class resort community containing a luxury hotel, custom estates and a resort mixed use commercial village. (Read Press Release)
Properties of a Recovery
San Diego Business Journal
Capstone Advisors Inc. recently did something that’s been relatively unusual for the Carlsbad-based investment firm during the past few years: it purchased an office building in La Jolla for $10 million. Read the full article, printabe PDF
Capstone Advisors Buys Retail Center near USD for $6.4 Million
SAN DIEGO – Capstone Advisors, a real estate investment, development and advisory firm, has acquired Presidio Trolley Plaza, a 48,000-square-foot infill retail center located at 5261-5401 Linda Vista Rd. near the busy intersection of Napa Street, just footsteps from the University of San Diego. The center is the nearest off-campus retail center serving the University’s roughly 9,000-member student/staff population. (Read Full Article)
Capstone Advisors Buys Office Building in La Jolla for $10 Million
SAN DIEGO – Capstone Advisors, a real estate investment, development and advisory firm, has acquired 7817 Ivanhoe, a 34,000-square-foot office building located in the heart of the village of La Jolla. The purchase reflects the Carlsbad-based company’s emphasis on acquiring value-add commercial real estate assets in San Diego and other key markets throughout the Southwest.(Read Press Release)
Commercial Real Estate Professionals Agree Market Is on the Mend
San Diego County’s commercial real estate industry is showing strong signs of recovery, although the recession isn’t over. That’s the view expressed by real estate professionals who took part in a recent roundtable discussion hosted by the San Diego Business Journal.(Read Full Articla)
Cornell Professional Profile: Alex Zikakis (’91) on Entrepreneurship and Leadership
As President and founder, Alex Zikakis oversees Capstone Advisors’ full range of residential and commercial real estate services, including investments in land development and home-building joint ventures, commercial property development…(Read Article)
Capstone Advisors Closes Three Retail Center Acquisitions In Three States
CARSLBAD, Calif., Sept. 3, 2013 /PRNewswire/ — Capstone Advisors, a real estate investment, development and advisory firm headquartered in Carlsbad, Calif., announces that it has completed three retail center acquisitions in three states. The centers, located in California, Arizona and Virginia, were acquired in separate transactions totaling $16 million… (Read Press Release)
Capstone Starts Renovation of Festival at Old Bridge Shopping Center in Woodbridge, VA
CARLSBAD, Calif., June 1, 2013 — Capstone Advisors of Carlsbad, Calif., has received permit approval from Prince William County for the renovation of its 235,000 square foot, Food Lion anchored shopping center in Woodbridge, Va. As part of the renovation, the center will be renamed Dillingham Square to reflect its location on …(Read Press Release)
Community essay: State’s tax rate reaching tipping point
San Diego Union-Tribune — Commentary
[Excerpt] I read the Jan. 23 U-T article about the uproar caused by Phil Mickelson’s comments on making a ‘drastic change’ to reduce his taxes, which many interpreted to mean that he may move out of the state. I believe the issue isn’t if he moves out of state; the real issue is what happens to California’s state budget when people similar to Phil move out of the state…(Read Article)