MEDIA
Strauss Investments Acquires Carlsbad Pacific Center
Strauss Investments, a Solana Beach–based, family-owned real estate investment, development, and operating firm, has acquired Carlsbad Pacific
Center, a three-building Class A office campus totaling 130,019 square feet located at 701–705 Palomar Airport Road in Carlsbad, California. The property
was purchased for $26.45 million.
Newmark Arranges $26.5 Million Sale of Carlsbad Pacific Center
Newmark announces the Company has arranged the sale of Carlsbad Pacific Center, a three-building Class A office campus located at 701-705 Palomar Airport Road in Carlsbad, California. The 130,019-square-foot property, which was 85.5% leased at the time of sale, sold for $26.5 million.
CBRE Announces the Sale of Fully Leased Wayman Court Shopping Center
CBRE announced the sale of Wayman Court Shopping Center, a 31,653-square-foot shopping center at 23120 & 23130 Lyons Avenue in Newhall, California, to Dar Properties of Santa Clarita, LLC for $10.15 million.
Newmark Facilitates $23 Million Sale of 101,406-SF Office Building in Carlsbad
Newmark announces the company has arranged the $23 million sale of Wright Place, a 101,406-square-foot office building located at 1902-1903 Wright Place in Carlsbad, California.
Matthew Strauss, Dedicated Supporter of the Arts, Education & Health Care, Has Died
The late businessperson, art collector and philanthropist, who recently donated a world-class art collection to UC San Diego, was 91 years old.
Strauss Investments Grow Local Portfolio with Carlsbad Acquisition
San Diego-based Strauss Investments has completed the purchase of the Carlsbad Executive Plaza…
SDBJ MCS Company Profile
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Strauss Investments Acquires 88,522 SQFT Office Building in San Diego for $22.8MM
JULY 6, 2022
Cushman & Wakefield announced the firm has brokered the sale of Lomas Pacific I & II, a classic suburban office park totaling 88,522 square feet in San Diego, California. The two-building, multi-tenant campus is located at 9619 Chesapeake Dr & 9444 Farnham St in the Kearny Mesa submarket. San Diego-based Strauss Investments acquired the asset from Brixton Capital for $22.8 million ($257 per square foot).
Edgewood
Strauss Investments completed the sale of Edgewood Center, a 155,293sf shopping center located in Azusa, CA. Key tenants at the property include Rite Aid, Dollar Tree, Family Dollar, Sketchers and Cycle Gear. The property was purchased for $22,600,000 or $148 per square foot by a privately held real estate acquisition, development and management company based out of Los Angeles, CA. The property was originally purchased by MCS Edgewood Center LLC, a subsidiary of M.C. Strauss Company, for $9,725,000 or $62 per square foot in June of 2001. M.C. Strauss Company held this property for over 20 years prior to the disposition.
Post Office
JULY 6, 2022
Strauss Investments JUST SOLD a single tenant leased investment (USPS) in the heart of downtown Escondido. The sale price was $4,300,000 ($512/sf). The property is an outparcel to a grocery anchored shopping center. The sale of this property was uniquely challenging as we navigated a parcel split at the onset of the pandemic. Proud of our team for completing the parcel split, and completing the sale in-house
Center Point
APRIL 14, 2022
Strauss Investments completed the acquisition of Center Point, a 79,215sf, two building, Mission Valley office campus in San Diego, CA. The property was acquired for $17,961,000. The seller, City Group, is a real estate company based out of Long Beach, California.
Promenade
JANUARY 9, 2022
Strauss Investments completed the acquisition of Promenade at South Mountain, a 110,129sf multi-tenant office building in Phoenix, Arizona. The property was acquired for $16.6M or $150 per square foot. The seller was Alpine Regional Center, LLC.
Mission Village
JANUARY 13, 2022
Strauss Investments completed the sale of Mission Village, a 54,817sf shopping center in Fresno, CA. The property was purchased for $12,210,000 or $222 per square foot by The Gilda A. Papazian Revocable Trust and the Kimberly R. Hudson Revocable Trust. The property was originally purchased by MCS Mission Village LLC, a subsidiary of Strauss Investments for $8,050,000 or $152 per square foot in 2014.
RSF Cancer Donation Leads to Breakthrough
APRIL 14, 2022
A Rancho Santa Fe couple – as a way of coping w2th the death of their daughter from ovarian cancer – have helped fund a researcgh breakthrough that could lead to a method of detecting the disease at an earlier stage and increasing ovarian cancer survival rates.
Strauss UCSD Faculty Chair Donation
JUNE 22, 2021
Iris & Matthew Strauss, longtime supporters of cancer research & patient care at Moores Cancer Center at UC San Diego Health, have given $2 million to establish the Iris and Matthew Strauss Chancellor’s Endowed Chair in Head & Neck Surgery to support excellence in research, education and clinical care.
Strauss Family $1M UCSD Donation
NOVEMBER 1, 2017
Rancho Santa Fe residents Iris and Matthew Strauss hold a great deal of respect for the doctors at Moores Cancer Center at UC San Diego health.
Summerfest 2016 Gala Held in RSF
AUGUST 16, 2016
The La Jolla Music Society 2016 Summerfest Gala took place Aug. 13 at the RSF home of Iris and Matthew Strauss.
Matthew, Iris Strauss Have an Eye for Art
SEPTEMBER 4, 2016
In Matthew Strauss’ estimation, he and his wife, Iris, collect three kinds of art: “oh, oh my, and oh my gosh.” One of their first “oh my gosh” moments occured in 1987, when they encountered Gerhard Richter’s work at Germany’s “documenta” – a modern and contemporary art exhibition…
Strauss Family Foundation
JULY 6, 2007
Matthew and Iris Strauss Family Foundation, founded in 2007, is a premier contemporary collection of over 100 works of art since 1975 housed in 6,000 square-feet of galleries with a library on premises. Their mission is to promote art appreciation and understanding of contemporary art.