San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Home of the Month: Music-Inspired Mansion on Mount Helix

This residence at 4625 Calavo Drive on Mount Helix in La Mesa was built for Charles Wakefield Cadman in 1930, a famous American composer in Los Angeles. Cadman was considered one of the top Hollywood film composers at the time, and was considered an expert on American Indian music.

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Coronado Retail Buildings Sell for $4.25 Million

A Newport Beach entity recorded as Russell E. Fluter Separate Property Trust has purchased two Coronado retail properties for $4.25 million, according to CoStar Group and public data.

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Escondido Office Property Sells for $3.7 Million

San Diego-based SENTRE Partners has purchased Escondido Gateway, a 26,000-square-foot office property in Escondido, for $3.7 million, marking the company’s third acquisition this year in North County.

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Firm Has Nature’s Back as Projects Proceed

DEVELOPMENT: Environmental Concerns Keep Sector Growing

The founder and president of Great Ecology says this past spring’s property-destroying wildfires in North County, like others in the San Diego region, served as a reminder of how nature and development are increasingly crossing paths, with potentially bad side effects.

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Partnership Including Encinitas Firm Plans $360 Million La Quinta Resort

A partnership that includes Encinitas-based developer The Robert Green Co. has secured La Quinta City Council approvals for a planned $360 million mixed-use resort in that Coachella Valley community.

Third Quarter Revenue, Income Rise at American Assets Trust

Total revenue at American Assets Trust Inc. rose 3 percent from a year ago for the third quarter ending Sept. 30, reaching $67.3 million, the San Diego-based company reported.

$10 Million Indoor Skydiving Facility Planned in Mission Valley

Austin-based iFly Holdings LLC has announced plans for a $10 million entertainment facility in Mission Valley, with high-powered wind tunnel systems providing an indoor skydiving experience.

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Governor Park Office Building Sells for $8.1 Million

Palisades Property Trust of Irvine has purchased Governor Plaza, an office building in San Diego’s Governor Park neighborhood, for approximately $8.1 million, according to CoStar Group and public data.

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San Diego Firm Buys Denver Office Campus for $23 Million

San Diego-based Parallel Capital Partners Inc. has acquired a three-building office campus in Denver for $23 million, marking its first acquisition in that city.

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Sorrento Mesa Industrial Property Sells for $5.6 Million

Ingold Family Investments LLC of Fallbrook has purchased a Sorrento Mesa industrial building for approximately $5.6 million, according to CoStar Group and public data.

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Golden Hill Apartment Property Sells for $2.6 Million

Barthell Family Trust has purchased a 13-unit apartment property in San Diego’s Golden Hill neighborhood for $2.6 million, according to brokerage company Colliers International.

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Otay Mesa Industrial Buildings Sold for $7.2 Million

Cabot Properties Inc. of Boston has purchased two Otay Mesa industrial buildings for approximately $7.2 million, according to CoStar Group and public data.

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East Village to Get Two New Restaurants

Stella Public House and Halcyon, described as “sister restaurant” concepts by Austin-based investment group Zebo, will be among the next arrivals in the already buzzing culinary scene of downtown San Diego’s East Village.

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San Diego-based Douglas Wilson Cos. Partners on $200 Million Tempe Project

A partnership that includes San Diego-based Douglas Wilson Cos. has acquired a property in Tempe, Ariz., for approximately $16.8 million, with plans to develop a $200 million, mixed-used project that includes a hotel and office tower.

For Panoramic Views, La Mesa Is One of Region’s Top Spots

The dream started in 1903 with a vision and $11,500, half of which was financed by a local bank.