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Greystar Sells Downtown San Diego Residential Tower for $309M

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Greystar Sells Downtown San Diego Residential Tower for 9M


A sprawling residential plaza in downtown San Diego has traded hands in one of the largest apartment deals in the city’s history.

Greystar sold the 718-unit San Diego residential plaza, which includes a 35-story high-rise and two mid-rise buildings, for $309 million to MG Properties. The deal is the third-largest apartment deal in the city’s history, and is the biggest sale there since 2020, according to MG. The property, dubbed Park 12 – The Collection in Downtown San Diego, also contains 43,000 square feet of retail space. The tower’s most recent assessed value was for $264.2 million, per property records.

SEE ALSO: BH Group Pays $84M for Aging Waterfront Rental Buildings on North Bay Village

Eastdil Secured’s Joseph Smolen and Geoff Boler represented Charleston, S.C.-based Greystar in the deal, while MG Properties represented itself. Eastdil’s Greg Stampley and Lee Redmond arranged $168 million in Fannie Mae (FNMA) financing for the purchase, according to a MG Properties spokesperson. 

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Greystar built the 438-unit tower, at 100 Park Plaza, in 2018 within the Ballpark Village master-planned neighborhood adjacent to Petco Park, the San Diego Padres’ professional baseball stadium. The two mid-rise buildings, at 101 Park Plaza and 201 Park Boulevard, were completed around the base of the tower the following year, together totaling 280 units. 

“As a San Diego-based company, we are very familiar with the dynamics of the city and believe it has tremendous opportunity for growth in the coming years,” Jeff Gleiberman, president of MG Properties, said in a statement. “We believe this is an exceptional opportunity to acquire one of San Diego’s most iconic properties.”

Representatives for Greystar did not immediately respond to requests for more information. 

MG was recently involved in one of the largest multifamily sales across California in 2024 as well, though as the seller. The company in December sold Preserve at Melrose, a 410-unit complex in Vista, about 42 miles north of Downtown San Diego, to Mesirow for $185 million. MG had acquired the property in 2017 from Trammell Crow for $134 million.

Nick Trombola can be reached at ntrombola@commercialobserver.com.

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Francis Parker captures Open Division girls basketball title

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Francis Parker captures Open Division girls basketball title


OCEANSIDE — The Frontwave Arena scoreboard showed 23 seconds remaining in the fourth quarter. Up 16, Francis Parker’s win over Westview High School for the CIF San Diego Section Open Division girls basketball championship was secure.

“No, no, no!” Parker head coach Courtney Clements screamed to freshman guard Jordan Brown, telling her there was no need to score.

So Brown walked the ball up the floor, from the backcourt, across midcourt, a 1,000-watt smile etched across her face.

With no Wolverines defending her, Brown dribbled from side to side across the logo. Then, a fraction of a moment before the final buzzer sounded, Brown flung the basketball high toward the rafters, then was engulfed by teammates.

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The job was complete. Parker’s first Open Division title in program history was secure, the final reading 66-50 on Saturday night.

Of those final seconds, said Brown, who scored 23 points. “It was a surreal moment, knowing we worked for this all year long. It’s amazing.”

One reason it was amazing was because the top-seeded Lancers (21-7) were a decided favorite, but were stressed by the sixth-seeded Wolverines (20-9). Led by UC Santa Barbara-bound senior guard Sarah Heyn (18 points in the first half), Westview led 35-28 early in the third quarter.

“I just knew I had to do whatever it took to win,” said Brown. “Whether that was defense or offense. I just wanted to win, period.”

Sparked by its defense, Parker closed the quarter on a 14-0 run.  Westview’s final 11 possessions of the quarter ended with five missed shots and six turnovers.

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Still, the game wasn’t over. Heyn cut the deficit to 48-44 with just over six minutes to play on a bucket. But with 5:47 to play, Heyn was whistled for her fifth foul on a reach-in.

“Knowing their best player fouled out, we sealed the win,” said Brown.

As for Heyn, who finished with 23 points, she sat on the bench and pulled her jersey over her eyes, hiding tears.

Clements’ thoughts when Heyn fouled out? “I hope we can put this game away now.”

Francis Parker High’s Jordan Brown shoots against Westview High during the CIF Open Division championship at Frontwave Arena in Oceanside on Saturday, Feb. 28, 2026. Francis Parker defeated Westview 66-50. (Kristian Carreon / The San Diego Union-Tribune)

That the Lancers did, outscoring Westview 18-6 down the stretch.

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The Lancers’ players and coach were effusive in their praise for Heyn, a four-year starter.

“She’s a great player,” said Brown.

“She played phenomenally,” said Clements. “She played the way you would think a senior would play in a championship game. She played desperately. She played every possession like it was the last 20 seconds of the game. She was extremely impressive. (Heyn buried five 3s, missing only once from deep.) She should be proud of herself.”

Clements was proud of her team for another reason. After blowing out two-time reigning Open Division champion Mission Hills by 26 in the semis, some thought Parker might cruise in the title game.

“I figured it was going to be a fight, and it was,” said Clements. “It was good that our girls had to come together, had to stick together. That’s what this is all about, developing character via the sport of basketball. When the kids face adversity, they have to make a decision. Who do they want to be? They showed the best version of themselves. That’s what I want to remember from a game like this.”

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Francis Parker’s primary color is brown, which is fitting for the girls basketball team. They are led not only by the freshman Jordan Brown, but also junior Brieana Brown, a strong, aggressive and athletic 5-foot-11 wing.

Brieana Brown scored 25 points and yanked down a team-best eight rebounds.

About the team in brown being led by the Browns (who are not related), Jordan Brown said: “It’s super cool. I love Bri and our story. So many people think we’re related, that we’re siblings. In reality, we’re not, but we play like it.”

Francis Parker High's Brieana Brown shoots against Westview during the CIF Open Division championship at Frontwave Arena in Oceanside on Saturday, Feb. 28, 2026. Francis Parker defeated Westview 66-50. (Kristian Carreon / The San Diego Union-Tribune)
Francis Parker High’s Brieana Brown shoots against Westview during the CIF Open Division championship at Frontwave Arena in Oceanside on Saturday, Feb. 28, 2026. Francis Parker defeated Westview 66-50. (Kristian Carreon / The San Diego Union-Tribune)

Francis Parker and Westview both will advance to the Southern California Regionals.

Earlier in the season, Clements — who was dressed in all black for the championship game — confessed she wasn’t crazy about Parker’s primary color. Her mood shifted Saturday night.

“Brown’s doing well for me now,” she said.

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Asked if Lancers’ Brown squared tandem represents the best one-two girls basketball punch in the San Diego Section, Clements gave the questioner a “What do you think?” smirk.

“That,” said the coach of the Open Division champions, “is a no-brainer.”



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5 things to know about Iran’s supreme leader Ali Khamenei

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5 things to know about Iran’s supreme leader Ali Khamenei



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Joan Endres – San Diego Union-Tribune

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Joan Endres – San Diego Union-Tribune



Joan Endres


OBITUARY

Born January 1939 in Cincinnati Ohio. Died February 14, 2026, in San Diego, California, with her sons at her side. Her beloved husband Dean passed away in 2010.

Joan was the only child of Thomas and Edna Palmer. In 1943, the family moved to San Diego, where Joan graduated from Helix High School in 1956.

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In 1957 Joan married Dean Endres of San Diego, where they raised two sons. Joan followed her two great passions outside the home, the Arts, and Gardening. Both activities being a way to bring beauty to others and to the community.

Joan received a degree in Environmental Design from San Diego State University, and afterwords worked at UCSD, for the Campus Architect.

As an artist, Joan worked in various media, especially ceramics. She was active in many cultural and arts organizations, eventually becoming President of the Combined Organization for the Visual Arts (COVA). Later she turned to gardening, with the Water Conservation Garden at Cuyamaca Community College and the Master Gardener Association of San Diego County.

Joan is survived by her son Jeff and wife Katrin, grandson Jackson, and son Todd Endres, all of La Mesa, and sisters Alice Buck of Phoenix, Elaine Kennedy of San Diego, Nancy and husband Don Jones of Vista, Eva Budzinski of Cloudcroft, New Mexico, and their children and grandchildren.

There will be a Celebration of Life for Joan in the near future. Those who wish to attend should contact celebratejoanuvart@gmail.com to receive details when they are confirmed. In lieu of flowers, the family respectfully suggests a donation to the Water Conservation Garden or the Diego Visual Arts Network (SDVAN).

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