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San Diego-based Capstone Advisors has sold its first commercial asset in a decade. The firm traded out of a retail property in Knightdale, North Carolina and purchased a two-building flex-industrial asset in Phoenix. Capstone had owned the retail center, a 63,543 square-foot shopping center fully leased to credit tenants, since it was developed in 1998. The trade was motivated by a combination of market conditions as well as geography. (Read More)

The more than $1 billion deal private equity firm Thomas H. Lee Partners struck recently to take a majority stake in online real estate marketplace Ten-X heralds further investment in and growth of commercial real estate technology. (Read More)

SAN DIEGO—Both students and faculty spend a majority of their days on campus and need quality retail nearby for their daily needs, Capstone Advisors’ VP of leasing Christie Parker tells GlobeSt.com. The firm recently completed six new leases at its commercial retail facility in the Linda Vista submarket, the Presidio. (Read More)

Two of Capstone Advisors’ projects have been nominated for San Diego’s prestigious Orchid Awards, and we are shamelessly asking for your support. (Read More)

Connect California – Carlsbad, CA-based Capstone Advisors completed a $1.5-million upgrade at The Ivanhoe, a nearly 35,000-square-foot, office property in La Jolla, CA. The repositioned Class A property is a unique contemporary design statement that’s better connected to the active urban La Jolla Village neighborhood…Read More

Capstone Advisors announced it signed two new leases at its 39,992-square-foot Island @ Carlsbad development at 5806-5814 Van Allen Way. Capstone Advisors, a real estate investment and development company, signed a 64-month lease with Juice Stop and a 120-month lease with Anytime Fitness.(Read More)

Alex Zikakis is president and founder of Capstone Advisors, where he oversees the company’s full range of residential and commercial real estate services. Under his direction, Capstone Advisors has been an equity investor in more than $4 billion of residential development ventures, purchase more than four million square feet of commercial properties, and has overseen third party asset management services for more than 1.5 million square feet of retail and office properties (Read More)

With the continuing expansion of online retail, some retail real estate owners may worry that e-commerce will eventually replace physical shopping centers. But brick-and-mortar retail isn’t going away, according to San Diego-based Capstone Advisors president Alex Zikakis, who tells us online retailers are opening physical storefronts… Read More