San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Pinnacle Buys Three Downtown Properties for $8.5 Million

An affiliate of Vancouver, B.C.-based Pinnacle International has acquired three industrial and retail properties in downtown San Diego, currently housing a Bridgestone auto repair and retail facility, for $8.5 million, according to CoStar Group and public data.

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Hillcrest Hotel Being Converted to Apartments

A Sommerset Suites Hotel in Hillcrest is slated to become a boutique apartment community after the property was recently purchased by San Diego-based SENTRE Partners.

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Here's San Diego County’s Top Office Deals of 2016

San Diego County ended 2016 with its office vacancy rate at 10 percent, according to the latest data from CoStar Group, as rents continued to rise amid limited construction and rising demand.

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Scripps Ranch Industrial Building Sold for $9.8 Million

A buyer listed as Evergreen & Prop Mgmt LLC has purchased an industrial property in San Diego’s Scripps Ranch submarket for approximately $9.8 million, according to CoStar Group and public data.

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San Diego Apartment Property Sells for $20 Million

A San Diego buyer recorded as Mission Gorge Road LP has purchased a 90-unit apartment property in the city’s San Carlos neighborhood for approximately $20 million, according to brokerage firm CBRE Group Inc.

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Pacific Beach Apartment Property Sells for $6.5 Million

George W. and Carol A. Lattimer of San Diego have acquired an 18-unit apartment building in Pacific Beach for $6.5 million, according to brokerage firm Apartment Realty Group (ARG).

Charter School Plans New El Cajon Campus After $4.85M Land Purchase

Locally based Literacy First Charter Schools has acquired a 7.15-acre land parcel in El Cajon for $4.85 million, with plans to develop a new campus, according to CoStar Group and public data.

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Pursuing Perfection

On the far northern edge of Olde Del Mar is a magnificent seaside villa with awe-inspiring views of the Pacific Ocean and the Del Mar racetrack. Once inside the gated entry, the home is a sanctuary of secluded privacy. The elegantly appointed estate was built with meticulous attention to detail and quality of craftsmanship throughout. The oversized parcel features a large grassy area, flagstone patios and a vanishing edge pool and spa that seem to blend into the sea beyond.

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Trolley Plan Helps Get UCSD Downtown

The $2.1 billion Mid-Coast Trolley project has apparently seen its first solid example of economic generation for the region.

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Electrical Contractor Buys Poway Campus for $6.4 Million

Construction services provider Ickler Electric Corp. has purchased a Poway office and warehouse campus for approximately $6.4 million, with plans to relocate its headquarters to the two-building property.

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Hillcrest Blueprint for Affordability Coming

PROPERTY: Development To Be Part of Climate Goals

The San Diego City Council recently removed a barrier to potential high-rise development in the core of the popular Hillcrest neighborhood, though it could be a year or more before a development blueprint for the neighborhood is in place.

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Macy’s Closing Apparel Store in Mission Valley

A Macy’s apparel store at Westfield Mission Valley is among 65 stores nationwide slated to be closed during 2017 by the retailer.

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Retail Property in Scripps Ranch Sold for $11 Million

Shah Family Trust of San Diego has acquired a Scripps Ranch retail property for $11 million, according to brokerage firm CBRE Group Inc.

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Escondido Retail Center Sells for $40.1 Million

An affiliate of New York-based Brixmor Property Group has acquired the Felicita Town Center retail property in Escondido for $40.1 million, according to CoStar Group and public data.

Local Construction Starts Rose 44 Percent in 2016’s First 11 Months

San Diego County’s construction starts rose 44 percent from a year ago, topping $4.52 billion in value in the first 11 months of 2016, according to research firm Dodge Data & Analytics.