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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S.D. Apartment Property Sells for $12 Million

Affiliates of Costa Mesa-based Warmington Group of Companies have purchased a 17-unit apartment building in San Diego’s College Area for $12 million, according to CoStar Group and public data.

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Two Local Realtor Groups Agree to Share Resources, Benefits

REAL ESTATE: The 2 Groups Will Continue To Operate Independently

Two of San Diego’s three Realtor associations have signed an agreement to give their members access to services, resources and discounts offered by either association.

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Can Old Sempra Tower Leave Its Past Behind?

PROPERTY: Mixed-Use Plans Blocked By Zoning Designation

Property owner Sandor Shapery envisions a significant mixed-use residential makeover of the downtown San Diego high-rise building that formerly housed the longtime headquarters of Sempra Energy.

JLL: San Diego Ranks 19th in U.S. For Strength of Tech Office Market

San Diego ranks 19th out of 45 major U.S. markets for the resiliency of its market for offices serving technology companies, according to a new national outlook report by the brokerage firm JLL.

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Chula Vista Apartment Property Sells for $19.5 Million

A San Diego buyer recorded as Mark Li LP has acquired a 96-unit apartment complex in Chula Vista for $19.5 million, according to CoStar Group and public data.

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Rancho Bernardo Office Building Sells for $4.2 Million

A San Diego buyer recorded as SD BLDG LLC has acquired a Rancho Bernardo office building for $4.2 million, according to brokerage firm Colliers International Group Inc.

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Encinitas Firm Buys Carlsbad Office Property for $10 Million

RAF Pacifica Group has acquired a Carlsbad office property for $10 million, the Encinitas-based company announced. The building was immediately leased to Ostendo Technologies, a digital manufacturing firm.

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University Heights Apartments Sold for $2.4 Million

San Diego-based Urban on Park LLC has purchased a 10-unit apartment complex in University Heights for approximately $2.4 million, according to brokerage firm Apartment Consultants Inc., also known as ACI.

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Seismic Moving to Bigger Headquarters

Software firm Seismic is moving into a bigger office in Del Mar Heights after outgrowing its old headquarters.

Port Retains OliverMcMillan, Sunroad for Harbor Island Project

Port of San Diego commissioners have voted to retain both of the two finalists — longtime local developers OliverMcMillan Inc. and Sunroad Enterprises — to oversee future redevelopment of 57 acres at Harbor Island.

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Realty Income Corp. Raises Common Stock Monthly Dividend

San Diego-based Realty Income Corp. announced that it has increased its common stock monthly cash dividend for the 88th time since the company went public in 1994.

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Modern Elements Highlight Historic Charms in Hillcrest Beauty

It was quite an unexpected surprise for me while researching this week’s column on Hillcrest to find a home built in 1913 by one of San Diego’s earliest and most noteworthy families.

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S.D. County Construction Sector Adds 1,100 Jobs in July

BUILDING: Total Building Valuations $2.36B for Seven Months

While unemployment in San Diego has risen slightly since May, the construction sector is bucking the trend.

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Developers Seek Exemption for High-Rise Housing in Hillcrest

PROPERTY: Update To Community Plan Brings Clash of Interests

San Diego city planners by year’s end are aiming to resolve long-disputed issues relating to the future of commercial and residential development in the popular Hillcrest neighborhood.

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Work Beginning on New Carté Hotel in Downtown San Diego

A Sept. 9 ground-breaking is planned for Carté Hotel & Suites San Diego, a new 240-room downtown hotel being built at a cost of approximately $62 million.