San Diego Business Journal

SD REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Midway Retail Center Sells for $6.2 Million

unset Waste Holdings LLC has purchased the Midway Village retail center, in San Diego’s Midway district near Point Loma, for $6.2 million, according to brokerage company The Heritage Group.

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Kearny Mesa Medical Office Building Sells for $4.63 Million

Locally based REAlliance LLC has purchased a Kearny Mesa medical office building for $4.63 million, according to brokerage company JLL.

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H.G. Fenton Completes Solar Upgrade of Mission Valley Apartments

San Diego’s H.G. Fenton Co. recently completed a solar upgrade of its 254-unit Aquatera apartment community in Mission Valley, making it the developer’s second net-zero residential project in the local market.

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BioMed Realty Trust Buys UTC Office Campus for $83.8 Million

San Diego-based BioMed Realty Trust Inc. has acquired the Towne Centre Technology Park office campus in University Towne Center for $83.8 million, the company announced.

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Senior Services Provider Debuting $43 Million Apartment Community

St. Paul’s Senior Services plans a June 2 opening for St. Paul’s Plaza, a new $43 million senior community with 156 apartments in Chula Vista.

In Oceanside, Hear the Waves Break Without Breaking the Bank

If you haven’t been to Oceanside lately it’s time to take a trip to check it out.

Newspaper Sale Leaves Manchester With Prime Property

If anybody knows the sometimes queasy feelings induced by rapid industry change being faced by some commercial real estate professionals (see the Cushman & Wakefield-DTZ merger), it’s the people in the business rodeo known as the newspaper industry.

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Industrial Options Grow in N. County

PROPERTY: Spec Projects Aim to Meet Expected Demand

As the improving economy fills up industrial spaces in central San Diego, local companies such as SR Commercial are betting on continued rising demand in North County for manufacturing, warehousing and distribution properties.

DTZ, Cushman Deal To Bring Changes

REAL ESTATE: Personnel Duplications Currently Exist

When the parent of commercial brokerage company DTZ took over Cassidy Turley earlier this year, it was tough to discern any local change in the former Cassidy Turley’s business model beyond the new name.

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Carlsbad Office Building Sold for $2.65 Million

Arch Investments LLC has purchased a Carlsbad office building housing Grant General Contractors for $2.65 million, according to brokerage company Marcus & Millichap Inc.

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Wilson Cos. Gets Approvals for $190 Million Arizona Development

Douglas Wilson Cos. of San Diego and Hensel Phelps Development LLC have received city entitlement approvals for a $190 million mixed-use project planned for downtown Tempe, Ariz.

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Local Investment Firm Buys 12 Apartment Properties from Blackstone Group

Strata Equity Group Inc. of San Diego has purchased a 12-property, three-state apartment portfolio from an affiliate of New York-based Blackstone Group, after obtaining approximately $494.8 million in acquisition financing.

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Kearny Mesa Office Campus Sells for $61 Million

Drawbridge Realty LLC of San Francisco has purchased the three-building Spectrum Corporate Center office campus in Kearny Mesa for $61 million, the company announced.

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Lisa Johnson Named General Manager of NTC Arts & Culture District

The NTC Foundation has named Lisa Johnson to be general manager of the NTC Arts & Culture District at Liberty Station.

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Kearny Mesa Industrial Building Purchased for $4.4 Million

A buyer recorded as Winchester Temecula LLC of Anaheim has acquired a Kearny Mesa industrial building for approximately $4.4 million, according to CoStar Group and public data.