San Diego Business Journal

SD REAL ESTATE

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

How Does San Diego Fare Among U.S. Office Investment Markets?

The region's standing was buoyed by steady growth in the demand for office space, combined with slowing construction and rising rents.

By Lou Hirsh March 15, 2017 3:22 p.m. share »

Gafcon Gets $22M School District Project in Santa Monica

San Diego’s Gafcon Inc. has been selected to provide construction management and other project-related oversight services for a $22 million district-wide improvement project by the Santa Monica-Malibu Unified School District.

By Lou Hirsh March 14, 2017 10:14 a.m. share »
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San Ysidro Industrial Property Sells for $5.77 Million

Spectex Holdings LLC of Phoenix has acquired a San Ysidro industrial property for approximately $5.77 million, according to CoStar Group and public data.

By Lou Hirsh March 13, 2017 3:58 p.m. share »
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Vista Industrial Building Is Sold for $3.07 Million

A Vista buyer recorded as Aspire NP JHM LLC has acquired an industrial building in that city for approximately $3.07 million, according to brokerage firm Lee & Associates.

By Lou Hirsh March 10, 2017 1:50 p.m. share »
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P.B. Apartments Sell for $3.25 Million

A South Dakota-based buyer recorded as Calowa Investments LLC has acquired an eight-unit apartment property in San Diego’s Pacific Beach neighborhood for approximately $3.25 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh March 10, 2017 1:40 p.m. share »

February Sales Dip for Condos and Townhomes

Sales of condominiums and townhomes in San Diego County dipped in February, and were down sharply year over year, as a supply shortage continued to put a damper on the area’s housing market.

By John Cox March 10, 2017 12:41 p.m. share »
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Carlsbad Approves a Mixed-Use Project Near I-5

The Carlsbad City Council recently approved plans for Carlsbad Village Lofts, a $30 million mixed-use residential project being developed near Interstate 5 by San Diego-based Gerber Group.

By Lou Hirsh March 10, 2017 12:31 p.m. share »
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Cielo’s Views Extend Community’s Beauty Beyond Its Borders

Off of Del Dios Highway on the far northeastern edge of the Rancho Santa Fe Covenant is Cielo, a 1,740-acre private community. The terrain is some of the most dramatic in San Diego County. The community is set among ancient arroyos and soaring peaks of more than 1,400 feet with sweeping views to the Pacific Ocean, including the Coronado Islands, San Clemente Island, Lake Hodges and Palomar Mountain.

By Stephanie Glidden March 9, 2017 2:46 p.m. share »

Irrational or Realistic Exuberance?

In the 1990s, Alan Greenspan, at that time chair of the Federal Reserve, looked at the markets and made a famous observation about “irrational exuberance,” while still letting events run their course with minimal interference from the Fed.

By Lou Hirsh March 9, 2017 2:19 p.m. share »
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Brewing Co. Expects Bike Path to Drive Business to New Location

The commercial roster is falling into place for the $6 million, mixed-use Bikeway Village development nearing completion in Imperial Beach. And one of those incoming new tenants, Coronado Brewing Co., now has the opportunity to become even more comfortable in a South Bay market where it has been the dominant craft beer maker for two decades.

By Lou Hirsh March 9, 2017 2:04 p.m. share »
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Bankers Hill Apartment Property Sells for $2.85 Million

Barthell Family Trust of Los Angeles has acquired an 18-unit apartment property in San Diego’s Bankers Hill neighborhood for $2.85 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh March 9, 2017 1:22 p.m. share »
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Apartment Conversion Planned After $5.63M Purchase of El Cajon Motel

A San Francisco buyer recorded as Macphersonite 1031 LLC has purchased the 75-room Ha’ Penny Inn motel in El Cajon for $5.63 million, with plans to convert it into apartments, according to brokerage firm Colliers International Group Inc.

By Lou Hirsh March 8, 2017 5:01 p.m. share »
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Coronado Retail Properties Sold for $22 Million

Kleege Enterprises of San Diego has acquired a portfolio of several retail properties in the center of Coronado for approximately $22 million, according to brokerage firm CBRE Group Inc.

By Lou Hirsh March 8, 2017 4:56 p.m. share »

Guild Mortgage Eyeing More Acquisitions

San Diego-based Guild Mortgage has gobbled up a trio of smaller companies within the past three years – and it is hungry for more, President and CEO Mary Ann McGarry told the San Diego Business Journal.

By Sarah de Crescenzo March 8, 2017 4:11 p.m. share »
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Developer Progressing on Redevelopment of Former Union-Tribune Campus

San Diego developer The Casey Brown Co. is nearing completion on the first phase of a $35 million redevelopment of the former Mission Valley home of The San Diego Union-Tribune.

By Lou Hirsh March 7, 2017 3:45 p.m. share »