San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

TMD Stays Neutral; Study Hits Convadium

The San Diego Tourism Marketing District will not formally campaign against the San Diego Chargers’ November ballot measure aimed at financing a downtown stadium and convention facility, despite issuing a consulting report that negatively critiqued the project.

By Lou Hirsh August 18, 2016 2:36 p.m.   $$ Share
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Land Brokerage Company Opens Office in San Diego

Irvine-based land brokerage firm Province West has established an office in San Diego, managed by Vice President Eric Weitz. The expansion follows a recently announced strategic alliance between Province West and Scottsdale, Ariz.-based Nathan & Associates Inc.

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New San Diego Retirement Community Planned after $18.5M Land Purchase

Carlsbad-based Continuing Life Communities has acquired a 53-acre land parcel in San Diego’s Scripps Ranch neighborhood for $18.5 million, with plans to develop a new continuing care retirement community.

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Sorrento Mesa Office Buildings Sold for $28 Million

New York-based Angelo, Gordon & Co. has acquired a two-building Sorrento Mesa office property for $28 million, according to brokerage firm JLL.

California Records a 4% Increase in Construction Employment Over 12 Months

Of the 39 states in which construction employment rose between July 2015 and July of this year, California added the most construction jobs, according to a report from the Associated General Contractors of America.

ALTA Environmental Opens Second S.D. Office in Oceanside

A Long Beach-based project engineering firm, ALTA Environmental, has opened an office in Oceanside.

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Construction Begins on $57M Oceanside Townhome Development

San Diego-based Cornerstone Communities and Presidio Residential Capital recently began construction on Brisas at Pacific Ridge, consisting of 117 two-story triplex townhomes in Oceanside. A statement from developers said the for-sale project will have a retail value of more than $57 million at completion.

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Sunshine Adds the Final Touch to Rancho Santa Fe’s Beauty

Downtown Rancho Santa Fe is just a few blocks long and is the busy epicenter of this exclusive enclave.

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San Diego Apartment Complex Sells for $7.45 Million

A San Diego buyer recorded as East Eight LLC has acquired a 36-unit apartment property in the city’s Grantville neighborhood for $7.45 million, according to brokerage firm CBRE Group Inc.

Majority of Region's Businesses Say Housing Costs Are Too Expensive

More than 90 percent of San Diego-area businesses believe the region’s housing has become too expensive, and most think more residences should be built, according to survey results released Wednesday.

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County’s Hotel Property Deal Volume Declined in First Half

San Diego County’s hotel property transaction volume declined 38 percent from a year ago in the first half of 2016, with the dollar volume down 65 percent, according to a recent mid-year report by brokerage and consulting firm Atlas Hospitality Group.

eSUB Construction Software Hires Chief Technology Officer

eSUB Construction Software, a San Diego software-as-a-service company that offers subcontractors a mobile platform for project management, recently announced it has hired a new CTO.

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Barracks to be Converted into $20M Hotel at Liberty Station

San Diego-based McMillin LLC and Untitled Hospitality plan to develop a new arts-themed, $20 million hotel called The Barracks Hotel, using historic buildings at Liberty Station in Point Loma.

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Owner Begins $6.6 Million Renovation of Aventine Office Building

Owner Rockpoint Group has begun a $6.6 million renovation of its Aventine office building at University Towne Center, following its 2015 purchase of the building at 8910 University Center Lane.

Developer Plans $13.5M Industrial Park in Escondido After Land Purchase

San Diego-based Badiee Development Inc. has purchased a 4.87-acre parcel in Escondido, with plans to build a new $13.5 million industrial park.

Contractor Awarded $9.7M Navy Contract

The U.S. Navy awarded A&D General Contracting Inc. a $9.7 million task order to build a combat service support facility at Marine Corps Base Camp Pendleton.