In the News
Heritage Court
Reno, the Next Hotspot for Retail Development
August 27, 2019
Capstone Advisors has identified the Reno market in Nevada has a target for new retail construction. Like nearby Las Vegas, Reno has also experience economic and population growth, and now has a pent-up demand for retail and services. Capstone has already broken ground on the first retail building on an undeveloped parcel of Sky Vista,but it could be the beginning of several projects for the San Diego-based developer… (Read More)
11,000 sq. ft. Retail/Dining Space Breaks Ground at Sky Vista in North Valleys
August 15, 2019
RENO, Nev. — Capstone Advisors announced this week crews recently broke ground on the firm’s first retail component at the Sky Vista development project in the North Valleys area of Reno. According to an Aug. 13 press release from the Carlsbad, Calif.-based real estate investment and development company, the future building will feature 10,899 square feet of mixed retail space, including an available restaurant footprint with an outdoor patio.
Sky Vista at North Valleys consists of a 1.91-acre pad site immediately adjacent to the existing Walmart Supercenter — which opened in 2012 at 250 Vista Knoll Parkway — and a nearly 96-acre parcel of adjacent land entitled and planned for residential, retail and industrial development. (Read More)
Capstone Buys Encinitas Retail Center
June 5, 2019
Connect California – Carlsbad, CA-based Capstone Advisors acquired El Camino Square Shopping Center in Encinitas, CA from US Financial, LP for $12.2 million. The 27,499-square-foot property is located at 191 N. El Camino Real in the heart of Encinitas’ retail corridor…Read More
Capstone Sells First Commercial Property in a Decade
November 26, 2018
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)
JLL Brings Phoenix Center to Full Occupancy
September 27, 2017
Commercial Property Executive – Midtown and downtown Phoenix are experiencing growth in terms of retail space. Hurley Plaza is a shopping center located at 540 W. McDowell Road, on the northeast corner of 7th Avenue. JLL’s Phoenix office managed to sign four new leases, bringing the building to 100 percent occupancy…Read More
National Real Estate Investor Today interviews Capstone President Alex Zikakis regarding RE Tech
August 29, 2017
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)
Quality Retail Near SD’s Universities is Needed
June 14, 2017
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)
We Need Your Help!
August 15, 2016
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)
Capstone Repositions The Ivanhoe in La Jolla
June 3, 2016
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 Signs 2 new leases for Island at Carlsbad
May 10, 2016
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)