San Diego Business Journal

SD REAL ESTATE

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

Blackstone Acquiring Excel Trust for $2 Billion

Excel Trust Inc., a San Diego-based real estate investment company, has entered into an agreement to be acquired by Blackstone Property Partners LP in an all-cash transaction valued at approximately $2 billion, the companies announced.

Tease photo

$3.7 Million Land Lease Clears Way for Car Wash, 7-Eleven

Car-wash operator Washman LLC and property owner Sunshine Finance Corp. have completed a $3.7 million land lease agreement for a San Diego property where convenience retailer 7-Eleven also plans to open a new store, according to Voit Real Estate Services.

Tease photo

Scripps Ranch Office Building Sells for $2.45 Million

BKC Commercial Properties LLC has purchased a Scripps Ranch office and retail building for $2.45 million, according to CoStar Group and public data.

Two Lawsuits Filed Over One Paseo Project

Three community groups and a competing shopping center owner have filed separate lawsuits aimed at blocking the controversial One Paseo mixed-use development in Carmel Valley, proposed by Kilroy Realty Corp. and recently approved by San Diego City Council.

Tease photo

Doubletree Hotel in Mission Valley Sells for $49.2 Million

An affiliate of Los Angeles-based Oak Coast Properties LLC has acquired the 219-room Doubletree San Diego-Hotel Circle in Mission Valley for approximately $49.2 million, according to CoStar Group and public data.

Tease photo

Poway Industrial Building Sold for $7.75 Million

A buyer recorded as 12460 Kirkham LLC has acquired a Poway industrial building for $7.75 million, according to brokerage company Pacific Coast Commercial, which represented the buyer.

U.S. Army Awards $24 Million Contract to Cox Construction

Vista-based Cox Construction Co. received a $24 million U.S. Army contract to put up a building in Orange County. The Army Reserve Center in Tustin will include a training building for the 600-member unit, an organizational maintenance shop and a storage building.

Tease photo

Rady Foundation Commits $100 Million to UC San Diego Management School

Local philanthropists Ernest and Evelyn Rady have committed $100 million to Rady School of Management at University of California San Diego, to help the school recruit and retain faculty and support other strategic priorities.

Tease photo

Pacific Beach Mixed-Use Property Sold for $2.57 Million

Abeles Family Trust has acquired a mixed-use retail and office property in Pacific Beach for approximately $2.57 million, according to brokerage company The Franco Realty Group, which represented the seller.

Tease photo

Realty Income Initiates $276.7 Million Stock Offering

Realty Income Corp. has initiated a public offering of common stock, with expected net proceeds of approximately $276.7 million.

Tease photo

Trigild Adds 3 SoCal properties to Management Portfolio

San Diego-based real estate services provider Trigild has taken over management of three Southern California commercial properties valued at over $130 million and totaling nearly 700,000 square feet, including two in San Diego.

Newland Partners to Acquire Housing Projects in Colorado, Texas

San Diego-based housing developer Newland Communities and North America Sekisui House LLC have acquired land assets in four master-planned communities in Denver, Dallas and Austin, Texas, for an undisclosed price.

S.D. Architecture Has Quite a Past, Present and Promising Future

There are many things that come to mind when people think of San Diego. Among them are its world-famous San Diego Zoo and Safari Park, the perfect weather and, of course, the 70 miles of fantastic beaches along the county’s coastline.

Tease photo

Sorrento Mesa Campus Sells for $85.5 Million

A real estate affiliate of Dallas-based Invesco Advisors Inc. and San Diego-based developer Cruzan have acquired a two-building office campus in Sorrento Mesa for $85.5 million, according to CoStar Group and public data.

Construction Set for This Month on 37-Story Ballpark Village

Another East Village apartment project will soon join the hubbub of earth-movers and cranes now reshaping the downtown San Diego landscape.