San Diego Business Journal

SD REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

County Construction Starts Down 3 Percent in 2017 After Steep May Decline

The value of San Diego County’s construction starts declined 3 percent in the first five months of 2017, to just over $1.51 billion, as both the residential and non-residential categories experienced much steeper declines from a year ago during the month of May.

By Lou Hirsh July 5, 2017 2:36 p.m. share »
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Cohn Affiliate Buys Coaster Saloon Property in Mission Beach for $2.1 Million

An affiliate of San Diego’s Cohn Restaurant Group Inc., led by co-founder and President David Cohn, has acquired the mixed-use Mission Beach building currently housing The Coaster Saloon for $2.1 million, according to The Franco Realty Group.

By Lou Hirsh July 5, 2017 12:42 p.m. share »
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Encinitas Office Building Sold for $10.4 Million

San Diego-based Commercial Equity Partners has acquired an Encinitas office property in a $10.4 million acquisition and private placement offering, according to brokerage firm Cushman & Wakefield.

By Lou Hirsh July 5, 2017 12:33 p.m. share »
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Sorrento Valley Office Building Bought for $7.02M By Chinese Company

A 25,953-square-foot office building at 5890 Pacific Center Blvd. was purchased by Smart Lucky Technology Inc. of Dongguan, China, for $7.02 million, according to Michael Mazzotta of xREIT.com.

By SDBJ Staff July 3, 2017 10:10 a.m. share »

Little Relief For Renters In Tight Market

Even as development ramps up, San Diego County’s apartment market remains extremely tight at the halfway point of 2016, and the vacancy climate is expected to remain especially tight outside the city of San Diego, where most of the new local units are being built and delivered lately.

By Lou Hirsh June 29, 2017 3:08 p.m. share »
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Will Sustainability Help Make the ‘Sale’?

San Diego-based Newland Communities has reworked its plans for the proposed Newland Sierra residential development near Escondido, with features that the developer says will make it the county’s first carbon-neutral community.

By Lou Hirsh June 29, 2017 3:07 p.m. share »
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Retail Sites Easily Make Substitutions for Sporting Goods Losses

It didn’t take long for three North County retail centers to fill holes left by last year’s extinction of two long-struggling U.S. sporting goods chains, Sports Authority and Sport Chalet.

By Lou Hirsh June 29, 2017 3:05 p.m. share »
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Let the Sights and Sounds of the Surf Welcome You Home

The sea has its own landscape of sorts, different from the land in its shifting scenes of sky, clouds, wind and waves. Sometimes still, sometimes violent, it’s an ever-changing theater of light and shadow that speaks to the soul.

By Stephanie Glidden June 29, 2017 2:59 p.m. share »

S.D. Adds 5,000 Construction Jobs

The number of construction jobs in San Diego hit 80,300 in May, 7 percent more than a year ago, according to the latest analysis from the Associated General Contractors of America of federal jobs data.

By Sarah de Crescenzo June 28, 2017 2:52 p.m. share »
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Real Estate Tech Startup Raises $5 Million

Another local tech startup is taking on the real estate industry, and this one’s armed with $5 million in new cash.

By Brittany Meiling June 27, 2017 4:06 p.m. share »

Residential Real Estate Brokerage Launches

RezList, a new San Diego-based residential real estate brokerage, has launched in San Diego and in San Francisco, the company said Monday.

By Sarah de Crescenzo June 27, 2017 9:55 a.m. share »
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NYC’s Past Will Have Presence in Gaslamp

The eating and drinking lineup in downtown’s always-evolving Gaslamp Quarter is about to get a splashy new arrival, helmed by six veterans of San Diego’s hospitality scene.

By Lou Hirsh June 26, 2017 3:23 p.m. share »
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San Diego Apartment Property Sells for $73 Million

Affiliates of Palo Alto-based Pacific Urban Residential have acquired a 169-unit Mira Mesa apartment property for approximately $73 million, according to CoStar Group and public data.

By Lou Hirsh June 23, 2017 11:20 a.m. share »
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San Diego Medical Office Building Sells for $28.5 Million

A joint-venture affiliate of San Diego-based Coast Income Properties Inc. has acquired a medical office building in Carmel Valley for $28.5 million, according to CoStar Group and public data.

By Lou Hirsh June 22, 2017 1:41 p.m. share »
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Garden Shop Relocates; Bikes, Ballet And Cookies Make Their Move

Glendora-based Armstrong Garden Centers recently opened its relocated store in San Diego’s Morena neighborhood, now at 1364 Morena Blvd. after moving from 1350 W. Morena Blvd. Operators said the move was necessitated by changes in the neighborhood brought about by development of a new station as part of the Mid-Coast Trolley extension project. The garden supplies retailer operates 32 California stores, including seven in San Diego County.

By Lou Hirsh June 22, 2017 1:23 p.m. share »