Downtown Dirt

The Inside View from Jason Hughes

Update on San Diego’s Horton Plaza, Ritz Hotel & Office Tower, Kilroy’s Little Italy Office Building

on April 11, 2018

Bids were due on Horton Plaza–and Stockdale Capital Partners, in conjunction with Oaktree Capital, is currently negotiating with Westfield to purchase and re-position the outdated mall. Other bidders included long-time local developer/landlord Cisterra Development and residential condo developer extraordinaire, Bosa. With current city requirements forcing 600,000 square feet of retail, the mall either gets a minimal facelift–or a massive re-entitlement/redevelopment to transform to today’s success standard.

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About this Author

Jason Hughes

Jason Hughes is chairman and CEO of Hughes Marino, an industry-leading commercial real estate firm that exclusively represents tenants and buyers. Jason has written well over 100 articles, is a real estate resource for the Wall Street Journal, and has been profiled in dozens of local and regional publications. Jason is a pioneer in the field of tenant representation, and has been a vocal advocate for the interests of commercial tenants for more than two decades.

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