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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Point Loma Apartment Property Sold for $12 Million

Local buyers recorded as Crest Partners-Poway One Danielson LLC and Point Loma Equity Fund LLC have acquired a 34-unit apartment property in San Diego’s Point Loma Heights neighborhood for $12 million, according to brokerage firm South Coast Commercial Inc. and CoStar Group.

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Kearny Mesa Retail Property Sells for $2.2 Million

A San Diego buyer recorded as 7959 Balboa LLC has acquired a former retail vehicle dealership property in Kearny Mesa for approximately $2.2 million, according to brokerage firm Duhs Commercial. The buyer plans to demolish buildings on the site to build an express car wash.

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Iconic Surf Spot, San Diego Sunsets Set the Scene at Windansea

Windansea Beach at the end of Nautilus Street in La Jolla is one of San Diego County’s most iconic landmarks. The smooth sandstone tables jutting out over the crashing waves, underwater reefs and, of course, the historic “surf shack” are popular backdrops for weddings and photographs of fiery sunsets.

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Insurers to Begin Checking IDs of High-End Homebuyers

PROPERTY: Those Paying Cash Targeted By Treasury Department

The U.S. Treasury Department wants to know who secretly may be buying luxury homes in San Diego.

REITs in Good Position To Gain in Tight Market

PROPERTY: Property Values, Rents Increase on West Coast

So far in 2016, San Diego-headquartered real estate investment trusts are continuing to benefit from a West Coast climate of limited new retail center development in locations where major store operators are still looking to set up shop.

Carlsbad Industrial Campus Planned After $6 Million Parcel Purchase

San Diego-based Badiee Development plans to develop a new two-building industrial campus in Carlsbad, following its $6 million purchase of two land parcels totaling 8.4 acres.

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George J. Pierson Named President/CEO at The Kleinfelder Group

The Kleinfelder Group, which provides construction, engineering and architectural services, on Wednesday named George J. Pierson president and CEO.

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North Park Apartment Property Sells for $2.29 Million

San Diego-based Vaerus Boundary LLC has purchased a 12-unit apartment property in North Park for approximately $2.29 million, according to brokerage firm Marcus & Millichap.

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Carlsbad Office and Retail Property Sells for $6 Million

San Diego-based Stos Partners has acquired a Carlsbad Village office and retail property for $6 million, according to the buyer and CoStar Group data.

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San Diego Apartment Property Sells for $2.18 Million

O’LIDO LLC of La Mesa has acquired an eight-unit apartment property in San Diego’s Golden Hill neighborhood for approximately $2.18 million, according to brokerage firm Marcus & Millichap.

San Diego 4th Most-Expensive City in California for Renters

San Diego rents shrank 0.2 percent in July, but year-over-year growth remained in positive territory at 1.8 percent, according to an analysis by Apartment List.

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Oceanside Office Building Sold for $2.85 Million

A San Diego-based limited partnership known as PWI Copperwood has purchased an Oceanside office building for $2.85 million, according to brokerage firm ECP Commercial.

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Kilroy Breaking Ground on One Paseo in Fourth Quarter

Developer Kilroy Realty Corp. plans to break ground in the fourth quarter of this year on its One Paseo mixed-use development, after recently receiving San Diego city approvals on a downsized version of the controversial project, according to its CEO.

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New Homes Are Planned After $14.5M Purchase of Former Golf Course

An affiliate of Manhattan Beach-based 33North Development Group has acquired a 114-acre former golf course site in San Diego’s Rancho Penasquitos neighborhood for $14.5 million, with plans to develop a new residential community.

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Sharp HealthCare Buys Miramar Building for $9.3M

San Diego-based Sharp HealthCare has purchased the medical office building that it had previously been leasing in Miramar for $9.3 million, according to CoStar Group and public data.