San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Growing Peregrine Semiconductor Corp. Adds Third Building

Peregrine Semiconductor Corp. said on Aug. 13 that it added a third building to its two-building complex in San Diego’s Miramar neighborhood.

La Jolla Farms Is a Perfect Canvas for Masterpiece Designs

There are a number of distinct areas in La Jolla, each with its own charm and appeal. Among the most storied, and encompassing some of the county’s most exclusive real estate, is La Jolla Farms.

In This Tight Market, a Retail Property Rarity Draws Buyers

Prime retail properties rarely hit the market in San Diego, and when they do, the price tags are rarely discounted. The latest example is the recent $107 million sale of the Walmart-anchored McGrath Center on Clairemont Mesa Boulevard in Kearny Mesa.

Survey Finds Commercial Development Optimism Remains Strong

Statewide demand from industries including technology, advertising, media and information services is generating continued optimism among commercial real estate professionals, according to the latest twice-yearly survey by the law firm Allen Matkins and UCLA Anderson Forecast.

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Four-Campus San Diego Office Portfolio Sold for $258 Million

John Hancock Life Insurance Cos. has acquired a portfolio of four San Diego office campuses for $258 million, according to public data and real estate services provider HFF Inc.

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Chula Vista Medical Office Buildings Sold for $15 Million

Orlando, Fla.-based CNL Healthcare Properties Inc. has purchased two medical office buildings in the Eastlake village of Chula Vista for $15 million, according to brokerage company JLL.

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San Diego Apartments Acquired for $3 Million

HS Partners LLC recently acquired a 20-unit apartment complex in eastern San Diego for $3 million, according to brokerage company Apartment Consultants Inc. (ACI).

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Carlsbad Office Building Sells for $28.1 Million

Denver-based Miller Global Properties LLC recently purchased the Ocean Ridge office building in Carlsbad for $28.1 million, according to CoStar Group and brokerage company CBRE Group Inc.

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Encinitas Office Property Sells for $4.75 Million

Investor Paul Meardon of San Diego has acquired an Encinitas office property for $4.75 million, according to brokerage company Marcus & Millichap Inc.

Single-Family Home Sales Increased 12 Percent in July

Sales of San Diego single-family homes rose 12 percent in July compared to the year before, with 2,250 sales recorded, according to the Greater San Diego Association of Realtors, though the figures are down from the month before.

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Port Staff Recommends 2 Finalists for Anthony’s Fish Grotto Site

Unified Port of San Diego staff have recommended that the port district enter into negotiations with two locally based finalists – Brigantine Inc. and Sunroad Enterprises -- to potentially replace Anthony’s Fish Grotto when its downtown restaurant lease expires.

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Home of the month: Equestrian Sanctuary

Old-world charm, grace and understated grandeur define the style of this equestrian estate.

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Bringing Out Their Best

PROPERTY: Walls Are No Longer the Limit as Developers Add Outdoor Workspaces and Amenities to the Office Mix

In the past two decades, San Diego County shoppers have been visiting malls converted into open-air “lifestyle centers” designed to take advantage of the region’s year-round friendly climate. Lately they’ve also been furnishing their homes’ patios and backyard decks with a growing array of furniture and appliances designed to bring their indoor living rooms to the outdoors.

Retailers and Others Finding the Right Space in Midway District

PROPERTY: New Tenants, Gulls’ Games Add to Area’s Standing

With pro hockey’s San Diego Gulls set to make their latest return flight to the Midway district this fall, the aging neighborhood that grew up around the city-owned sports arena has other new commercial elements in the works.

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Scripps Ranch Office Building Sold for $5.1 Million

Hill Properties, doing business as 9715 Businesspark Ave. LLC of La Jolla, has purchased a Scripps ranch office building for approximately $5.1 million, according to Voit Real Estate Services.