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Daily Business Report-Dec. 15, 2017

Daily Business Report-Dec. 15, 2017

Rendering of what the new Viasat campus would look like. (Renderings courtesy of SCA Architecture)

SCA Architecture Completes Design of

23-Acre Campus Expansion for Viasat

SCA Architecture has completed the planning, design, and entitlements for a new 23-acre campus expansion on behalf of global communications company Viasat on El Camino Real in Carlsbad.

Located across the street from Viasat’s existing headquarters, the new campus is being built on a vacant parcel of land that Viasat acquired in October 2015. The campus expansion can accommodate six office buildings, three parking structures, a cafe/conference center and recreational amenities for company employees.

SCA Architecture President and Founder Cheryl (Dennie) Smith said the new campus is designed to embody Viasat’s culture of creativity, exploration, freedom and innovation, as well as foster interaction between employees, clients and visitors.

View of entryway to Viasat Building 12

View of entryway to Viasat Building 12

Rendering of new Viasat campus interior

Rendering of new Viasat campus interior

The two- and three-story office buildings range in size from 77,000 to 120,000 square feet, and total 587,000 square feet of space. The corner building at El Camino Real and Gateway Drive features below-grade parking to provide visitors a secure entrance without compromising the open campus feel.

Three parking structures, subterranean parking and a surface parking area accommodate a total of 2,053 vehicles, with 1,955 stalls between the parking structures, 70 stalls underneath the corner building, and 16 surface stalls in front of Building 12.

New campus courtyard incorporates green space.

New campus courtyard incorporates green space.

Whiting Turner, general contractor, broke ground in late February. The first phase is scheduled for completion in August 2018. Mark Langan is principal-in-charge for SCA Architecture, with Arati Rangaswamy, Milos Makaric, and Julie Spiegel serving as co-project managers. Project consultants include PLSA as civil engineer; Ground Level, landscape architect; Wiseman & Rohy, structural engineer; Syska Hennessy, mechanical/plumbing engineer; Michael Wall, electrical engineer; and Brummitt Energy Associates, serving as energy consultant.

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Palomar Crest Corporate Center

Palomar Crest Corporate Center

Palomar Crest Corporate Center

Sold for $17M to Seattle Firm

A Seattle-based advisory firm has acquired the Palomar Crest Corporate Center, an 81,810-square-foot office building in Carlsbad, for $17 million. The seller was a global investment manager.

Palomar Crest Corporate Center is located at 2701 Loker Avenue West and situated on 5.36 acres.  Currently 77.1 percent leased, its tenants represent a variety of industries such as technology, law, energy, real estate, and professional staffing/training.

Cushman & Wakefield represented the seller in the transaction

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Frontera Industrial Business Park

Frontera Industrial Business Park

TH Real Estate Acquires

Frontera Industrial Business Park

TH Real Estate, an affiliate of Nuveen (the investment manager of TIAA), has acquired Frontera Industrial Business Park in the Otay Mesa area of San Diego. The property consists of a seven-building industrial business park and comprises over 500,000 square feet of industrial space. The adjacent development parcel consists of nine acres of land marked for the development of an industrial building.

Located in San Diego’s Otay Mesa submarket, the property offers convenient freeway access and is located adjacent to the US-Mexico border.

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Student volunteers greeting newly admitted students at UC San Diego Triton Days. (Photo by Erik Jepsen/UC San Diego Publications)

Student volunteers greeting newly admitted students at UC San Diego Triton Days. (Photo by Erik Jepsen/UC San Diego Publications)

Record 116,452 Freshman and Transfer students

Apply to UC San Diego for Fall 2018

The University of California San Diego has once again received a record number of applications, with 97,670 freshmen and 18,782 transfers applying for fall 2018 admission. The university saw a 10 percent increase among freshmen and 6 percent rise among transfers, compared to last year. It has the second highest number of applicants among the University of California campuses.

About 35 percent of California freshman applicants and 28 percent of California Community College transfer applicants are from historically underrepresented populations. At the California freshman level, Native American applicants increased by 11 percent, Latino and Mexican-American applicants increased by 10 percent, and African American applicants increased by 8 percent, compared to fall 2017. From the California Community Colleges, Native American applicants increased by 18 percent, Latino and Mexican-American applicants increased by 16 percent and African American applicants by 5 percent.

The most popular majors chosen by applicants are in social sciences, engineering and biology.

Read more…

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Civic San Diego Closes New Markets

Tax Credit Loan to Goodwill Industries

San Ysidro will soon be home to a new Goodwill Industries outlet center, distribution center and community employment center thanks to a $12.6 million New Markets Tax Credit (NMTC) investment made by Civic San Diego.

The funds will help Goodwill Industries improve two recently purchased buildings in San Ysidro totaling around 75,000 square feet. Those buildings will be repurposed for an outlet center and a distribution center. The NMTC investment will also fund the addition of a community employment center at the existing storefront in San Ysidro. Additionally, rooftop solar systems will be installed at both new locations plus three additional Goodwill facilities in San Diego and Chula Vista.

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Community College Board Re-Elects

Maria Nieto Senour as President

Maria Nieto Senour

Maria Nieto Senour

Maria Nieto Senour was re-elected as president of the San Diego Community College District Board of Trustees at its organizational meeting on Thursday.

First elected to the SDCCD board in 1990, Senour has served as president since 2015.

Bernie Rhinerson was elected as executive vice president of the board and District Chancellor Constance Carroll was appointed as secretary. Board members Mary Graham, Rich Grosch, and Peter Zschiesche were named as vice presidents for specific functions.

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Personnel Announcements

Westcore Properties Promotes Childs, Hires Jasinski

Lori Jasinski

Lori Jasinski

Ryan Childs

Ryan Childs

Westcore Properties has promoted Ryan Childs to director of construction and hired Lori Jasinski as director of property management.

Childs has been with Westcore since 2016 and originally joined the firm as construction manager. He is certified by the Design-Build Institute of America, the only organization “that defines, teaches and promotes best practices in design-build.” He serves as president of the board for the newly-formed Cardiff-By-The-Sea Foundation, which devotes time and funds to beautification and education projects for the community.

Jasinski worked with Westcore previously as a contract employee. Her duties will include overseeing property management for Westcore’s industrial and office real estate assets throughout the western states and beyond. Previously, Jasinski served as senior property manager at Cushman & Wakefield. She supports her community by serving as the “Frostiversary” coordinator for Frosted Faces Foundation, a locally based, nonprofit organization that rescues senior dogs and cats from high kill shelters and places them with families, guaranteeing medical assistance and financial support for the remainder of their lives

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Julia Cousins Joins Carrier Johnson + CULTURE

Julia Cousins

Julia Cousins

Carrier Johnson + CULTURE announced the addition of a new project manager to its roster of experts in health care design. Julia Cousins adds to the firm’s experience in medical planning and design for large hospitals, according to the firm’s leadership.

Cousins’ career spans over three decades, with more than 20 years of work focused primarily on health care design. Her extensive portfolio of projects ranges widely in size and scope. Active across the United States, Cousins has built a portfolio focused on large medical care institutions along or near the West Coast, such as the University of California San Diego Medical Center, Dignity Health Mercy Gilbert Medical Center in Gilbert, Arizona, Carson Tahoe Regional Medical Center in Carson City, Nevada and Oak Valley Medical Center in Oakdale, California.

As project manager, Cousins shepherds projects from planning and design through construction administration. She also works with clients and contractors to ensure that results are aligned with project goals, budgets, and timelines.

Company principals said Cousins already has leading roles on multiple projects including an oncology clinic, a campus-wide accessibility improvement program, and the renovation of a behavioral health facility.

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Tiffany English Elected to National CREW Network Board 

Tiffany English

Tiffany English

Tiffany English a member of CREW (Commercial Real Estate Women) San Diego, has become the first individual from an architectural design firm to join the national CREW Network board of directors. CREW Network is the industry’s premier business networking organization, with chapters in North America and Europe, dedicated to influencing the success of the commercial real estate industry by advancing the achievements of women.

English, a principal at Ware Malcomb, an architectural and interior design firm, will serve a two-year term, which began last month. CREW Network received over 90 applications for two available board seats.

“A natural trailblazer, Tiffany has made a habit of shattering ceilings; earning her place as a well-respected and inspirational CRE leader in San Diego’s local design and construction market,” said Bree Wong, incoming 2018 CREW San Diego president. “We were thrilled when she was named the first female design principal of Ware Malcomb, but she continues compounding on her successes with her recent appointment to the CREW Network Board. We couldn’t be more thrilled to have Tiffany representing the deep talent of CREW San Diego at the Network level. Expanding her reach from regional to international, she continues to pave the way and raise the bar for professional women in the commercial real estate, design and construction industry.”

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