SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
Directeur LLC and Immobilier Funds of Rancho Santa Fe have purchased the 28-unit Cota Arms Apartments in North Park for $7 million, according to CoStar Group and public data.
Orsibs LLC of San Diego has purchased the 49-unit Emerald Vista Apartments in Vista for $8.35 million.
PROPERTY: Irvine Co. Is Self-Financing $100M Project
Irvine Co., San Diego County’s largest office landlord, recently began work on La Jolla Centre III, a 15-story office tower at University Towne Center. The tower, being built largely on spec, will be Irvine Co.’s first new-construction high-rise project since it entered the local market 30 years ago.
PROPERTY: Science, Military Realignment Part of Region’s Pluses
Fueled by continued technology-oriented job growth, San Diego retains its place as the nation’s 15th-best metro market for commercial real estate investment, according to the latest annual trends report by consulting firm PwC and the Urban Land Institute.
Real Estate Column
It’s a great time to be an apartment complex owner in San Diego County, judging by the late-year numbers.
Breaking news from www.sdbj.com
San Diego State University is more than half way toward raising enough money to build a new basketball practice facility on the campus, which will help it to maintain its status as a rising college hoops power, the university announced.
PROPERTY: New CEO Carries on Realty Income’s Solid Investment Strategy
The new CEO of Realty Income Corp. had an education in real estate that began while he was still in the seventh grade, working on projects being built by his father’s development company along the Gulf Coast, near his Alabama home town of Mobile.
PROPERTY: Experts Gather to Discuss the State of the Market
San Diego County’s commercial real estate industry is showing strong signs of recovery, although the recession isn’t over. That’s the view expressed by real estate professionals who took part in a recent roundtable discussion hosted by the San Diego Business Journal.
Leigh Kyle is managing principal at Spurlock Poirier Landscape Architects. Since joining the firm in 2004, she’s been project manager for a variety of work, including the San Diego Downtown Parks and Open Space Implementation Plan and the San Diego Federal Courthouse.
Essex Property Trust Inc. of Palo Alto has purchased the 379-unit Domain by Alta apartment community in Kearny Mesa for $121 million.
SR Commercial of Solana Beach has acquired two local office and industrial properties, for a total of $8.5 million.
San Diego-based developer OliverMcMillan plans to break ground Nov. 20 on a 388-unit, mixed-use condominium tower in Honolulu.
The median price for houses sold in San Diego County in October was $412,750, down 2 percent from September’s median, but up 17.9 percent from October 2012, according to the latest Dataquick market report.
Real estate services provider Trigild has named Judy Hoffman as president of the San Diego-based company.
Corsair Properties LP of Yorba Linda has purchased a Carlsbad industrial property, currently leased by TaylorMade Golf, for $5.6 million.