2007___________________________________________________________
305,000 SF DiamondView Tower Opens in San Diego, March 30, 2007, Commercial Property News- DiamondView Tower, Cisterra Partners' 15-story 305,000-square-foot San Diego office development, has opened and the office tower's first tenants—Cox Communications/Channel 4 Studios and San Diego Interconnect Operated by Cox Media--have moved in.
DiamondView Opens as San Diego 's Newest Office Tower, March 29, 2007, San Diego Daily Transcript- DiamondView Tower, downtown San Diego 's newest high-rise office building, has opened and its first tenants -- Cox Communications/Channel 4 Studios and San Diego Interconnect , operated by Cox Media -- have moved in.
DiamondView Opens as San Diego 's Newest OfficeTower, March 28, 2007, Yahoo News. DiamondView Tower, downtown San Diego 's newest high-rise office building, has opened and its first tenants -- Cox Communications/Channel 4 Studios and San Diego Interconnect , operated by Cox Media -- have moved in.
Diane Bell's Column, March 27, 2007, The San Diego Union-Tribune. A room with a view . . . When developer Cisterra Partners donated a 15th floor party room in its newly opening DiamondView office project to a charity auction, a bidding frenzy occurred. The building sits just outside the outfield fence of Petco Park and the room has a great view of the field. The final donation for the one-time use of the room, including donated cocktails, was $8,000. . . .
DiamondView Tower Ready to Open Doors, March 8, 2007, San Diego Daily Transcript- Tenants will start to move in to the 15-story DiamondView Tower in downtown San Diego over the next several weeks. Developed by Cisterra Partners LLC, the Class A office building is the newest completed structure to adorn the San Diego skyline.
Sports on the air, March 1, 2007, North County Times, byJohn Maffei. Amid a move from the company's Hillcrest offices to its fancy new digs in the Diamond View Tower just beyond the right-field fence at Petco Park, Cox Communications will carry one of its most-watched events ---- the CIF San Diego Section boys and girls basketball championships.
Betting The Office, February 7, 2007, The San Diego Union-Tribune. In San Diego and several cities across the country, institutional investors are making big bets buying office buildings, often at sky- high prices.
Health Club Arrives, February 5, 2007, San Diego Business Journal-
FIT Athletic Club, a Houston health club, has taken the entire second floor of DiamondView Tower and an additional 2,400 square feet of ground retail space with a 10th Street entrance.
FIT Athletic Club, February 5, 200, California Real Estate Journal, FIT Athletic Club leased 34,800 square feet of space in Cisterra Partners ' DiamondView Tower plus an additional 2,380 square feet of ground-floor retail space with a 10th Avenue entrance. The value of the 15-year lease was not disclosed.
Downtown Relocations, February 2007, San Diego Metropolitan by Manny Cruz. FIT Athletic Club will open a 37,180-square-foot health club at DiamondView Tower this summer. Cisterra Partners says it will be the first health club in East Village .
Women Build Careers in a Man's World, January 29,2007, San Diego Business Journal by Pat Broderick. The $100 million, 15-floor DiamondView Tower under construction downtown could be considered a manly endeavor, with its location just beyond Petco Park 's outfield fence and its skybox view of the ballgames. But the 300,000-square-foot Class A office tower has female fingerprints all over it.
FIT Athletic Club , January 19, 2007, San Diego Metropolitan- FIT Athletic Club will open a 37,180-square-foot, state-of-the-art health club at DiamondView Tower this summer.
DiamondView Floor Leases to Fitness Club, January 18, 2007, San Diego Daily Transcript- Cisterra Partners announced FIT Athletic Club will open a 37,180-square-foot health club at DiamondView Tower.
Herron & Steele Gives Baseball-Loving Lawyers a Reason to Work There, January 15, 2007, San Diego Business Journal by Pat Broderick. An Office With A View: The San Diego law firm of Herron & Steele LLC has signed a five-year lease for 1,750 square feet at DiamondView Tower in downtown San Diego , and will be occupying a portion of the eighth floor.
DiamondView Tower Signs Fifth Office Pre-lease, January 5, 2007, San Diego Daily Transcript- The San Diego law firm of Herron & Steele LLC has signed a five-year lease for 1,750 square feet on the eighth floor of DiamondView Tower under construction in downtown San Diego.
Daily Business Report, January 5, 2007, San Diego Metropolitan- The law firm of Herron & Steele will be joining Cox Communications , CB Richard Ellis , Comerica Bank and San Diego Training and Conference Center as office tenants in Cisterra Partners' DiamondView Tower, scheduled to open in March.
Breaking News from the California Real Estate Journal, January 2, 2007, California Real Estate Journal- InSites - Well Heeled Spa leased 2,665 square feet of space in Cisterra Partners ' DiamondView Tower at 10th Avenue and J Street for eight years at $853,104.
Law firms Take Lion's Share of County Major Leases for 2006, January 2, 2007, San Diego Daily Transcript- Law firms were the biggest leasers of the year in San Diego County , but other companies took down large chunks of space as well.
Daily Business Report, January 2, 2007, San Diego Metropolitan- Cisterra Partners' DiamondView Tower has attracted two new retail tenants -- Prato Cleaners and Well Heeled Spa.
2006___________________________________________________________
Cisterra Signs Two Retail Tenants in DiamondView Tower, December 29, 2006, San Diego Daily Transcript-Cisterra Partners announced Wednesday that it secured two new tenants for its DiamondView Tower in downtown. Prato Cleaners and Well Heeled Spa are the new retail tenants.
DiamondView Tower Gets Another Long-Term Tenant, December 2006, San Diego Metropolitan, by Manny Cruz. San Diego Training and Conference Center is the latest tenant for DiamondView Tower.
DiamondView Tower 's Amenities Attract Tenants, November 27, 2006, California Real Estate Journal, by Mandy Jackson. Some of what makes DiamondView Tower a pioneer in downtown San Diego may have tenants giving thanks for the project's bonus amenities.
Downtown Feels More Like Home With New Retail for Urban Dwellers, November 13, 2006, San Diego Business Journal by Tom Gatch. "Skyrocketing Population Has New Service Centers Within Walking Distance."
Daily Business Report, November 9, 2006, San Diego Metropolitan - San Diego Training and Conference Center, a full service classroom facility, signed an eight-year lease for 5,300 square feet at DiamondView Tower, the 15-story office tower adjacent to Petco Park. It is the first lease signed after the pre-leasing phase.
DiamondView Tower , November, 2006, bizSanDiego- Only a step away from PETCO Park 's outfield fence, DiamondView Tower aims to offer its tenants a birds-eye view of the playing field, plus San Diego Bay and the Coronado Bridge.
New Tenant News, November, 2006, California Real Estate Journal-Espresso House LLC, doing business as It's a Grind, signed a 10-year, $751,176 lease for 1,400 square feet of ground-floor retail space in DiamondView Tower, which is under construction.
Plans for retail on J Street take shape August 31, 2006, San Diego Daily Transcript - Nearly 130,000 square feet of new retail and restaurant space is being built just north of Petco Park with extensive frontage on J Street as well as 10th and Seventh avenues.
Executive Spotlight August 28, 2006, San Diego Business Journal - James Edwards -- Cisterra Partners LLC has hired James Edwards as senior vice president of development. He will be responsible for all aspects of commercial development, ranging from acquisitions to overall development management.
San Diego People - Real Estate August 28, 2006, San Diego Business Journal - Cisterra Partners LLC has hired Audrey Sarquilla as marketing director. Sarquilla will be responsible for overseeing all aspects of marketing and the company’s development projects as well as assisting with leasing of all projects.
Playing for keeps near Petco Park August 22, 2006, San Diego Union Tribune - DiamondView sits “a Mickey Mantle tape measure home run” from home plate, says Anson, or 550 feet. Mantle's longest homer is believed to have traveled 565 feet.
Daily Business Report ,August 10, 2006, San Diego Metropolitan - Cisterra Partners LLC, the developer building DiamondView Tower in Downtown and Gateway at Torrey Hills, has hired James I. Edwards as senior v.p. of development and Audrey H. Sarquilla as marketing director. Edwards will be responsible for all aspects of commercial development ranging from acquisitions to overall development management.
Promotions and Appointments, August 10, 2006, San Diego Daily Transcripts - Cisterra Partners LLC, an international real estate development and investment company, announced its newest employees: James I. Edwards AIA and Audrey H. Sarquilla.
Downtown San Diego Business Partnership June 2006, E-News
Employers Facing Tighter Labor Markets - May 20, 2006 - San Diego Union Tribune, Business Section Front Page Photo of Construction Worker at DiamondView Tower
Banking May 16, 2006, San Diego Metropolitan, Detroit-based Comerica Bank has opened a full-service small business banking office in Downtown San Diego that will be managed by Richmond Boyce, a San Diego native and eight-year veteran of Comerica Bank. The office is at 701 B St., Suite 600. "Small businesses are a leading source for jobs and economic growth here in California, and especially in San Diego," says Michael Conboy, executive v.p. for small business banking for Comerica's western market.
Projects Permits, & Planning April 20, 2006, San Diego Daily Transcript, According to studies, the average American worker puts in 46 hours a week at work. For more than one-third of employed Americans, the average workweek is more than 50 hours. In some industries, the expectation is that employees devote 60 hours or more to work each week. With so much time spent at work, employers and developers are striving to add amenities that make these hours productive as well as comfortable and fulfilling to the needs of the Southern California lifestyle.
Cox Channel 4 Has a New Boss Behind the Camera Media: As Padres’ Season Opens, Craig Nichols Hopes to Add New Programming to Station March 27, 2006, San Diego Business Journal, By Jessica Long, Behind the scenes of Cox Channel 4 San Diego is a man who appears to have taken the career equivalent of a FasTrak lane into the local cable TV market.
Real Estate development at the forefront of Sunroad's enterprises March 16, 2006, San Diego Daily Transcript - By Thor Biberman, Whether it is developing 1 million square feet of office in Kearny Mesa, planning a 600-room hotel on Harbor Island or acquiring automobile dealerships, Sunroad Enterprises has a full dance card.
Smaller companies will continue to drive a healthy office market March 8, 2006, San Diego Daily Transcript - By Thor Biberman, There should be high office space demand throughout the year and, as in the past, 80 percent of the transactions will involve small- to medium-sized companies, according to a report.
San Diego's Ballpark District Isn't Just for Play March 2006, San Diego Business Journal - Business Resource Guide - When Class A DiamondView Tower is completed in early 2007, hundreds of workers will flock to the area Monday Through Friday and will eat in the East Village restaurants and shop in area stores.
Maximizing Class A Space February 9, 2006, The Daily Transcript, By Teresa Warren. Special to the Daily Transcript - When the partners of the San Diego law office of Best Best & Krieger began planning their firm's new office space in Broadway 655, they chose not to think like lawyers. Lawyers typically approach space planning with traditional standards: big offices for partners; smaller offices for associates; one grand conference room with several small ones tucked into the corners; and no consideration to ratio and profitability models.
Class A on the Rise February 9, 2006, The Daily Transcript, By Teresa Warren. Special to the Daily Transcript - According to the CB Richard Ellis "Market View" report, there are 296,000 office workers in San Diego County and over the next two years, that number will grow 2.2 percent per year, or more than 13,000 new workers by the end of 2007.
Lowe JV Plans 277,000-SF Office Campus February 01, 2006, City Feet.com, Daniel D. Williams - SAN DIEGO-Although the development of new office product had slowed to a trickle in recent years locally, the sector has been primed for growth and has definitely seen a shifting attitude of late. Downtown is experiencing significant new development with projects such as DiamondView Tower on the horizon, but a strong appetite is picking up with suburban office campuses as well.
San Diego's Diamond in the Rough January 2006, Real Estate Southern California - Comerica Bank and Cox Communications are just two of the tenants who want a piece of DiamondView Tower. Both have agreed to long-term leases at the 15-story, 306,700-sf class A office tower that will be completed around the end of 2006. Located in the East Village area of Downtown San Diego, the project’s spot on the corner of 10th Avenue and J Street puts them near the right-field fence of Petco Park, home of the San Diego Padres. The perk of being located near the field has provided for some unique development opportunities. It is one of the only office projects in the area that will provide “suburban parking rations,” meaning that Diamond View tenants will get up to four spaces per 1,000 sf, instead of the typical one to two spaces that would normally be allotted.
Daily Business Report January 31, 2006 San Diego Metropolitan REAL ESTATE - Walt Fegley, president of Reno Contracting, will be the featured speaker at the Association for Corporate Growth San Diego's Feb. 21 monthly breakfast meeting. Fegley will describe Reno Contracting's ascent from $300,000 to $128 million in less than 10 years. Reno Contracting is a privately-owned construction firms based in San Diego with more than a dozen large projects in progress, including the 15-story Diamond View Tower adjacent to Petco Park Downtown. The meeting will be at 7 a.m. at the DoubleTree Hotel, 7450 Hazard Center Drive.
Upcoming ruling worries extreme BlackBerry users January 29, 2006 San Diego Daily Transcript Jason Wood professes his addiction to his BlackBerry, insisting that he never strays far from it.
“Even at night when I'm watching TV and the BlackBerry is recharging, I'll go down to check it to see if I have any messages,” he says. “Same thing on the weekends, always checking.” Wood, development manager for the 15-story DiamondView Tower being built next to Petco Park by Cisterra Partners, spends half his day out of the office and says his PDA is essential to responding to questions immediately.
Two reports vary on details, but agree that San Diego office market strong January 24, 2006 by THOR KAMBAN BIBERMAN San Diego Daily Transcript - Reports by CB Richard Ellis and Newmark Knight Frank say San Diego County's office vacancy continued to tighten in 2005 as new projects prepared to come out of the ground.
CB Richard Ellis reported the countywide office vacancy rate declined from 9.6 percent at the end of 2004 to 8.9 percent at the end of 2005. The fourth quarter of 2004 had marked the first time the countywide vacancy level had dropped below 10 percent in more than two years.
Lenders Cashing In on Construction -- Investors more focused on nonresidential development as acquisition returns stay low January 3, 2006 BY MANDY JACKSON, CREJ Staff Writer California Real Estate Journal - Lenders are placing big bets on development, expecting risk to be trumped by reward. Although construction financing may be a bigger gamble than funding acquisitions, banks, mezzanine investors, equity providers and other capital sources are willing to take the chance as commercial real estate markets improve around the state.
DiamondView Tower Rising in San Diego January 3, 2006 DEVELOPMENT UPDATE, San Diego California Real Estate Journal - The concrete foundation for subterranean parking at DiamondView Tower in downtown San Diego is complete and construction is beginning to show above ground.
The 14-story, 308,000-square-foot
Class A office tower is being developed by San Diego-based Cisterra Partners
LLC in partnership with Prudential Real Estate Investors.
2005___________________________________________________________.
Commercial Real Estate Report September 2005 San Diego Daily Transcript
Three downtown San Diego office towers in escrow, two to Irvine Co. Thursday, June 16, 2005 By THOR KAMBAN BIBERMAN San Diego Daily Transcript - Three downtown San Diego office towers, the SBC Building, the NBC Building and Golden Eagle Plaza, are in escrow -- the first two to The Irvine Co., which already owns two office towers: the 472,000-square-foot Wells Fargo Plaza acquired in November 2004 for $148.27 million, and the 570,383-square-foot Symphony Towers acquired in March 2003 for $134.25 million.
Construction has begun on DiamondView Tower in the East Village June 13, 2005 San Diego Business Journal - Reno Contracting has begun construction on DiamondView Tower in the East Village area of Downtown San Diego near the right field fence of Petco Park. Reno recently completed all pre-construction for the project, including budgeting and estimating. The structure will span 325,000 square feet, including more than 235,000 square feet of office space, with retail and restaurant space on the ground floor. The building is slated to house the offices of CB Richard Ellis, Comerica Bank and Cox Media, with its Channel 4 TV studios.
Downtown
retail development racing to keep up with residential June 8, 2005
By THOR KAMBAN BIBERMAN, San Diego Daily Transcript - The
downtown retail market is red hot as thousands of residential units come on
line to fuel the demand for new space.
"The appeal of downtown San Diego as an exciting 24/7 live, work and play urban environment has created unprecedented demand for retail space -- a commodity that, until recently, has been lacking given how fast residential growth has been occurring," said Bill Shrader, a senior vice president with Burnham Real Estate's Urban Retail Group.
Ground broken, DiamondView Tower office building under construction June 6, 2005 San Diego Daily Transcript - Reno Contracting has begun construction on 325,000-square-foot DiamondView Tower, a $95 million, 15-story office building just over the right-field fence of Petco Park.
DiamondView Breaks Ground But Doesn’t Quite Get Air May 2005 San Diego Metropolitan - The smell of Randy Jones’ Barbecue hung in the air while guests milled about the Park at the Park, giving the feel of a country picnic to the groundbreaking for the DiamondView Tower office building. The cloudless blue sky was a little too perfect, swept free by strong breezes that grounded developer Cisterra Partners’ plans to allow guests to preview vistas from the 15-story building via rides in a tethered hot air balloon.
DiamondView
Tower Breaks Ground Near Right Field at PETCO Park April 22, 2005
Downtown Now! Produced by the Downtown San Diego Partnership - A groundbreaking was
held for Cisterra Partners’ DiamondView Tower on April 18. When completed
in early 2007, the 15-story DiamondView will provide 300,000 square feet of
new office space Downtown.
Financing Notes April 21, 2005 RentTV - The San Diego office of Holliday Fenoglio Fowler LP (HFF) has arranged a $90.5 mil joint venture for the development of DiamondView Tower, the exciting 306.8k sf, Class A office project overlooking the San Diego Padre's new PETCO Park in downtown San Diego that we’ve reported about previously on RENTV.
Ball park's newest neighbor digs in Tuesday, April 19, 2005 The Daily Transcript By Thor Kamban Biberman - A groundbreaking ceremony was held Monday to celebrate the start of the DiamondView Tower development by Cisterra Partners LLC adjacent to the Park at the Park by the Petco ballpark in the East Village.
Office tower started near Petco - Project is 15 stories high; demand for space is down April 19, 2005 San Diego Union Tribune By Mike Freeman, STAFF WRITER - Cisterra Partners broke ground yesterday on DiamondView Tower, a 15-story office building outside Petco Park. Four years ago, more than 1 million square feet of new office buildings were on the drawing boards near Petco Park, including an office tower outside left field, a tower near right field and a sprawling technology campus across from the main entrance.
JV Play for DiamondView Tower Project April 15, 2005 GlobeSt.com UPDATE By Daniel D. Williams - SAN DIEGO–Cisterra Partners LLC, developer of DiamondView Tower, has an equity partner on the $90.5 million project. In a deal arranged by the San Diego office of Holliday Fenoglio Fowler LP, Prudential Real Estate Investors and Cisterra will joint venture on the high-rise office building, with Prudential coming aboard as an equity partner. In addition to arranging the equity investment, HFF secured $22 million fixed-rate acquisition and development debt from Pacific Life Insurance Company for the first phase of the project, according to senior managing director Tim Wright.
Locals to Get Preview Of DiamondView April 11, 2005 San Diego Business Journal By Heather Bergman - San Diegans who have tortured themselves trying to envision just how spectacular Petco Park will look from 15 stories above right field, will have to wait nearly two years for the completion of DiamondView Tower — the $90 million office project in the East Village area of Downtown scheduled to open in early 2007 — to confirm their expectations
Spittin’ Game - Channel 4 will set up shop in the new DiamondView Tower Spring 2004 San Diego Downtown Magazine- THE INK IS DRYNG on a new lease between Cox Communications and the owners of the new DiamondView Tower that will put Channel 4 San Diego within spitting distance of Petco Park.
Development in East Village designed for living, working, playing March 17, 2005, by Teresa Y. Warren, Special to The Daily Transcript -International developer Cisterra Partners' dream of improving downtown San Diego's East Village by building a new Class A office high-rise will be achieved in April when land is broken for DiamondView Tower, the first-ever office tower to be established in East Village's Ballpark District.
DiamondView Tower attracting Class A tenants February 3, 2005, by Teresa Warren, Special to The Daily Transcript - Last week Cisterra Partners, the developer of DiamondView Tower, announced two major tenants -- Comerica Bank and Cox Communications."We're excited that two such important companies will be coming to DiamondView Tower," said Jason Wood, director of development of Cisterra Partners. "We've worked closely with both companies in formulating leases that allow them the design and expansion flexibility that will provide them space perfect for their needs in 2007 and into the future."
Real Estate January 26, 2005, San Diego Metropolitan - Cox Communications and Comerica Bank have signed leases as two of the first tenants of Downtown's DiamondView Tower, the 306,700-square-foot, 15-story Class A office building to be constructed at the corner of 10th Avenue and J Street, just beyond Petco Park's right field fence. Cisterra Partners expects to break ground on the project this spring with completion by January 2007. Cisterra and CB Richard Ellis announced the leases.
DiamondView Tower Adds Comercia, Cox January 26, 2005, By Daniel D. Williams, GlobeSt.com SAN DIEGO -DiamondView Tower hasn’t broken ground yet, but the proposed office tower is already gaining steam with two major prelease agreements. Comerica Bank and Cox Communications have both agreed to long-term leases at the 15-story, 306,700-sf trophy property that will break ground later this spring and has an expected completion date of January 2007.
Cox, Comerica Sign on for Ballpark Building January 25,2005, San Diego Business Journal Online - San Diego based Cisterra Partners announced it finalized leases with its first two major tenants in its planned 306,700-square-foot DiamondView Tower in Downtown San Diego.
DiamondView Tower on track to be downtown's newest jewel January 25, 2005, By Teresa Warren, Special to The Daily Transcript - Late last month, Cisterra Partners, the developer of DiamondView Tower hit two major milestones on the road to building the new downtown office building: finalizing the acquisition of the rights to the site and bringing onboard a new partner.
Prudential partners in DiamondView January 6, 2005, San Diego Daily Transcript, Local Scene - Cisterra Partners has announced that Prudential Real Estate Investors has become a partner in the DiamondView Tower office building that will overlook Petco Park.
2004___________________________________________________
Ready to Pop - New office buildings begin to dot the landscape as commercial sales grow dramatically December 2004, San Diego Metropolitan by Manny Cruz - San Diego real estate executives seem downright giddy when they talk about growth in the regional office market. They have every right to be. New office construction is flourishing and will continue into 2005 while the sale of commercial office property — which rose to unprecedented levels this year — will remain red hot. “It’s a very exciting story to tell and one where investors and developers alike are seeing a market with a very strong upside,” says Kraig Kristofferson, senior vice president and partner at CB Richard Ellis.
15-story office building is approved next to ballpark, Work could begin as early as February December 1, 2004, San Diego Union Tribune, by Jonathan Heller STAFF WRITER - Construction could begin by February on a 15-story office building in downtown San Diego next to the Padres' ballpark. The City Council voted 6-2 yesterday to approve DiamondView Tower at 10th Avenue and J Street, one of the last components of East Village Square, a mixed-use development on three blocks just north of Petco Park's outfield. Councilwomen Donna Frye and Toni Atkins voted no.
Build It And They (Office Tenants) Will Come October 2004, San Diego Metropolitan - With recent approval by the Centre City Development Corp., Cisterra Partners’ $90 million, 300,000-square-foot office project DiamondView Tower, located outside Petco Park’s right field wall, is on track to start construction in the first quarter of 2005, with opening planned for first quarter of 2007. The partners behind Cisterra are Todd Anson and Steve Black. Along with Rob Lankford’s 655 Broadway office project, DiamondView will be one of the few office projects to be built Downtown in more than a decade. And it will be the first in the 26-block Ballpark District.
DiamondView Tower makes downtown smarter May 20, 2004, By Jason Wood, Cisterra Partners - The ultimate in smart living is working, playing, dining, shopping and living all in one location. With the renaissance of downtown in full swing, it's a great destination for those who want to live smart.
East Village has a new kind of influence as Petco Park’s crowds discover the urban core - Downtown’s Next Home Runs May 2004, San Diego Metropolitan, by Timothy J. McClain - For Downtown merchants, restaurateurs and developers, life has changed. Now and for long to come, every four and a half days on average a baseball game will spill up to 42,000 non-regulars into the Centre City. As the second month of this new urban experience unfolds, the verdict is mostly positive.
Developer Lands More Commitments for $85M DiamondView Tower April 19, 2004, San Diego Business Journal, REAL ESTATE by Mandy Jackson, Staff Writer - We all knew the reaction to Petco Park would be amazing when it opened this month in Downtown San Diego, but the way it has been embraced by baseball fans and others is still staggering. A case in point is Cisterra Partners’ $85 million office building planned behind right field of the San Diego Padres’ new ballpark.
JMI and Cisterra Reach Binding Agreement for DiamondView Tower in San Diego RENT TV.COM, April 12, 2004 – It looks like development of a new office property on a site adjacent to the new PETCO Park is set to move forward. JMI Realty has entered into a formal agreement with Cisterra Partners for the development of a 14-story office building, to be called DiamondView Tower, on the Right Field parcel adjacent to the Outfield Park at the new ballpark.
14-story building planned near PETCO Park April 6, 2004, San Diego Union Tribune, DOWNTOWN -- JMI Realty, the Padres' development arm, has forged an agreement with Cisterra Partners to develop a 14-story office building just beyond the grassy outfield park at Petco Park. The building, to be called DiamondView Tower, is subject to the San Diego City Council's approval. The groundbreaking could take place as early as October.
Envision Class A office space at the ballpark February 19, 2004 San Diego Daily Transcript, By Jason Wood, Cisterra Partners - In February 2004 it takes vision and foresight to see how awesome East Village will be in 2006. For those who haven't come downtown recently, you should. The East Village is more than new construction and old buildings: it is a renaissance in action!
San Diego's newest office market -- downtown November 06, 2003, Special to the San Diego Daily Transcript, by Jason Wood - Those of us who live and work in San Diego take pride in knowing that this city is unique. However, when it comes to office space, San Diego has become quite conventional -- until now. After years of following the national trend of suburbanizing new office space, San Diego is looking to buck the norm. The hottest market for new office development will be in the heart of the city -- downtown San Diego.
Economic Development Feature Week Today: Overview - The Next Big Thing More than just four walls November 21, 2003 by Teresa Warren, Special to the San Diego Daily Transcript - The amount of hours per week an employee spends at work rises each year. Wise employers know that the facilities they provide to their employees must have multiple amenities to keep their work force happy during the long days spent at the office. The more "extras" an office building has, the more appealing it is to companies looking for new office space.
Office with a View: New Tower Overlooks PETCO Park and More November 17, 2003, San Diego Business Journal PETCO PARK Special Supplement - DiamondView Tower, located just beyond the outfield fence of Petco Park, is giving office users new options when it comes to being downtown. Not only will DiamondView Tower be one of the first new office buildings in downtown San Diego in 14 years, it will also be the only office building in the ballpark redevelopment district with a bird’s eye view of all the action.
San Diego's newest office market -- downtown November 06, 2003, By Jason Wood, Special to the San Diego Daily Transcript - Those of us who live and work in San Diego take pride in knowing that this city is unique. However, when it comes to office space, San Diego has become quite conventional -- until now. After years of following the national trend of suburbanizing new office space, San Diego is looking to buck the norm. The hottest market for new office development will be in the heart of the city -- downtown San Diego.
Watch the ball game while you work November 06, 2003, Commercial Real Estate Trends 2004 - San Diego's newest office building downtown will be unlike any other. DiamondView Tower will sit just over the outfield fence of Petco Park with a bird's eye view to all the action. You will be able to work while watching the Padres play ball.
DiamondView Tower at the Ballpark, Fall 2003, e-NEWS Volume 1, Issue 3 - Fall 2003 San Diego-based international developer Cisterra Partners has selected CB Richard Ellis to assist with the marketing and leasing of Cisterra's newest office development, DiamondView Tower at the Ballpark, in downtown San Diego.
From Petco Park to UTC, Cisterra builds San Diego's big projects, October 30, 2003, By Teresa Warren, Special to the San Diego Daily Transcript Real Estate Developers' Gallery - Cisterra Partners was founded in 1999 with one specific purpose: to develop extremely high quality facilities for Cisco Systems (Nasdaq: CSCO) in a "portable" manner that allowed for fast, professional development of facilities throughout the world. In fact, the name "Cisterra" is a combination of the words "Cisco" and "terra," which means earth.
The Team Behind Cisterra, San Diego Daily Transcript, Real Estate: Developers' Gallery-October 30, 2003. When Cisco Systems (Nasdaq: CSCO) called upon Todd Anson in 1999 to develop world-class properties, it didn't take Anson more than a moment to know who he wanted as his partner -- longtime real estate executive Steve Black.
NEWS & TRENDS, October 13, 2003, San Diego Business Journal, by Mandy Jackson, Staff Writer - CB Richard Ellis recently gained the marketing assignment for San Diego-based Cisterra Partners’ $80 million office tower behind right field at Petco Park.
CBRE Wins DiamondView Tower Leasing Contract October 8, 2003, The Globe Street, by Erin Cassin SAN DIEGO-Although completion of Cisterra Partners' DiamondView Tower office project is still more than two years away, the San Diego-based developer is getting a jump on marketing efforts, having recently hired CB Richard Ellis to assist with both marketing and leasing responsibilities at the $80-million development.
Cisterra's office building launches new cycle of development September 18,2003, San Diego Daily Transcript, by Jason Wood, - Cisterra Partners, Where in San Diego will the exciting Class A office projects be in the next few years? Before you answer, think about the location of the most exciting things going on right now in San Diego and you may just find your answer. (Here's a hint: Think baseball.)
Developers announce office building for Petco Park right field September 12, 2003, San Diego Daily Transcript, by Thor Kamban Biberman - JMI Realty of San Diego announced it is teaming up with downtown-based Cisterra Partners LLC to develop a "right field building" adjacent to Petco Park as largely an office project.
The Padres are taking another swing at developing an office building near the downtown ballpark. September 10, 2003, San Diego Union Tribune, by Jonathon Heller - About five months after a plan to build an eight-story office building just north of Petco Park was declared dead, the ball club has a tentative deal to build a 14- to 15-story structure on an adjacent parcel to the east.
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