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)
Capstone Advisors Names Marc Stanworth Vice President
SAN DIEGO, August 20, 2012 — Capstone Advisors, a San Diego-based commercial real estate investment and asset management firm, announces that Marc Stanworth has joined the company as vice president where he will play a key role in the firm’s real estate investment activities including sourcing, underwriting and executing new acquisition and development opportunities…(Read Press Release)
Capstone Advisors Acquires Retail and Industrial Flex Project in Prime Palm Desert Corridor for $4.35 Million
SAN DIEGO, August 15, 2012 — Capstone Advisors, a San Diego-based commercial real estate investment firm with a strong track record of investing in value-added real estate transactions, has purchased a four-building, 57,893-square-foot showroom retail and industrial flex project in Palm Desert, Calif., for $4.35 million. The property was purchased from the lender who had taken ownership of the property after a loan default…(Read Press Release)
Capstone Advisors Video – Shopping Center Revitalization
As successful turnaround specialists who have revived 6 million square feet of real estate, we’d like to showcase our most recent commercial property repositioning of a shopping center that had fallen on hard times.