San Diego Business Journal


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

Median Housing Price Increases in August

Two reports tracking the housing market show local median prices continued rising in August.

Industrial Land in San Marcos Sells for $11 Million

A Los Angeles-based entity of homebuilder D.R. Horton has purchased approximately 8.3 acres of land in San Marcos for $11 million, according to CoStar Group and public data.

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Cemetery Building in San Diego Sells for $8.5 Million

Northstar Memorial Group of Houston has purchased a cemetery and mausoleum building at Greenwood Memorial cemetery in southeast San Diego for approximately $8.5 million, according to CoStar Group and public data.

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Chula Vista Apartment Property Sells for $9.5 Million

San Diego-based Cova Management Inc. has purchased the 62-unit Castle Park Garden Apartments in Chula Vista for $9.5 million, according to CoStar Group and public data

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Long-vacant Pernicano’s Building Goes on the Market

The long-vacant Pernicano’s restaurant building, at 3840 Sixth Ave. in Hillcrest, is being placed up for sale.

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Carlsbad Office Building Sells for $15.25 Million

An entity listed as RREF II-CP Crossings JV LLC has purchased the Crossings Corporate Center office building in Carlsbad for $15.25 million, according to CoStar Group and public data.

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La Jolla Commercial Properties Sold for $6.17 Million

USA Properties Inc. of San Diego has purchased several retail buildings with adjacent land in La Jolla for approximately $6.17 million, according to brokerage company Cushman & Wakefield Inc.

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Gafcon Relocates Headquarters From Downtown to Sorrento Valley

San Diego-based Gafcon Inc., a provider of construction management and consulting services, has relocated its headquarters from downtown to Sorrento Valley.

San Pasqual Has a Perfect Fit for Our Mediterranean Climate

When my three kids were little we had annual passes to what was then called the Wild Animal Park, now known as the San Diego Zoo Safari Park. It was a godsend, and some of our fondest memories were around our time there, especially at Christmas.

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San Diego Retail Property Sells for $6.37 Million

Piazza Santaluz LLC of San Diego has purchased a two-building retail center near the city’s Black Mountain Ranch neighborhood for approximately $6.37 million.

It Is a Lively Commercial Scene in and Around Downtown

If it seems like there’s been lots of churn lately in downtown San Diego’s commercial scene, there’s even more on the way in the Gaslamp Quarter and Little Italy.

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Downtown’s Residential Options Keep On Growing

REAL ESTATE: Area Delivers Urban Appeal To Young Millennials

Downtown San Diego currently has about 2,000 apartments and condominiums in various stages of planning and construction, and two newly proposed mixed-use projects are slated to add another 386 to that total.

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Carlsbad Office Property Sells for $5.8 Million

Sunwood Pacific Ridge LLC of San Diego has purchased Pacific Ridge Commerce Center in Carlsbad for $5.8 million, with plans for significant renovations of the office and industrial park.

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Realty Income Names New Chief Operating Officer

Escondido-based Realty Income Corp. has appointed Sumit Roy to the post of chief operating officer, effective Oct. 1.