In the News

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)

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 

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)