SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
An affiliate of San Francisco-based Graymark Capital has purchased a Scripps Ranch office property for approximately $17.8 million, according to CoStar Group and public data.
The historic Wonder Bread building has now survived for nearly a century in East Village, but the proposed “convadium” project put forward by the San Diego Chargers could put its future in doubt.
Local Real Estate Experts See Strong Demand and Low Vacancy Rates Pushing Up Commercial Rents
s nearly 40,000 new positions were created regionwide during the past year, job growth continued to fill San Diego County’s office, industrial and retail buildings during the first quarter of 2016.
Low Vacancy Rates and High Demand Are Pushing Apartment Rents Higher, And the Trend May Continue
Arecent report on rising rents, by the Lusk Center for Real Estate at the University of Southern California, painted a clear good news/bad news picture of San Diego County’s apartment property market so far in 2016.
Fairbanks Ranch in Rancho Santa Fe occupies the land that was once an 800-acre working dairy and citrus ranch owned by the 1920s “Hollywood Royalty” couple Douglas Fairbanks and Mary Pickford. Now, Fairbanks Ranch is an exclusive gated community of 618 homes with miles of jogging and walking trails, a lake, tennis courts and more than 40 acres of open space for recreation.
DEVELOPMENT: It Aims for Mixed-Use Community Hub
Pieces are gradually falling into place for a mixed-use, 200-acre “University District” long envisioned by the city of San Marcos, which in coming years could also become what developers have billed as “North County’s Downtown.”
Developer Sudberry Properties plans a May 5 ground-breaking for Breakwater Town Center, a new shopping center and community hub in Imperial Beach.
San Diego State University has signed the restaurant chain Eureka! as the latest new tenant at its mixed-use South Campus Plaza, currently under construction.
San Diego-headquartered Excel Trust has appointed Luke J. Petherbridge as chief executive officer and president.
Student Success Programs, a local charter school, has acquired a La Mesa retail property for approximately $2.1 million, with plans to set up school operations, according to brokerage firm Lee & Associates.
J&T Business Management of Corona has purchased a 4.6-acre land parcel in Vista for approximately $3 million, with plans to build and operate a nationally branded gas station with additional retail, according to brokerage firm Lee & Associates.
Fenway Properties I LLC of San Diego has purchased a 20-unit apartment property in the city’s Normal Heights neighborhood for $3.6 million, according to brokerage firm Marcus & Millichap.
A buyer recorded as TP Otay Mesa LLC has acquired a two-parcel industrial site in Otay Mesa for $3.5 million, according to brokerage firm Lee & Associates.
Total first-quarter revenue at Retail Opportunity Investments Corp. (ROIC) rose 6.3 percent over the year-ago period, topping $42.6 million, the San Diego-based company reported.
The San Diego region gained 4,000 construction jobs from March 2015 to March 2016, according to an analysis of federal employment data by the Associated General Contractors of America.