SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
San Diego-based MG Properties Group has acquired two apartment properties in Napa and Tempe, Ariz., for a total of approximately $50 million, the private investment firm announced.
Partnerships controlled by San Diego-based R&V Management Corp. have purchased the 124-unit Central Park condominium rental property in La Mesa for $28.3 million, according to CBRE Group Inc., which represented the seller.
PROPERTY: Community Involvement Requires More Than Meetings
If the gospel of smart growth isn’t resonating with residents of many San Diego neighborhoods, especially the younger generation, is there a problem with the message? Or is it the messenger, or even the delivery method?
Bill N. Shepard Trust of El Cajon has acquired an 18-unit apartment complex in San Diego’s North Park neighborhood for approximately $3.28 million, according to CoStar Group and public data.
Civic San Diego, the city’s downtown project oversight agency, has approved plans for the $60 million Broadstone Makers Quarter, a 269-unit mixed-use apartment project to be built in East Village.
San Diego State University has broken ground on South Campus Plaza, a $143 million mixed-use student housing and retail project slated for completion in fall 2016.
San Diego-based BioMed Realty Trust Inc. and the Broad Institute of MIT and Harvard announced a strategic partnership to foster innovation and promote relationships between academia and the life science industry.
Imperial Beach Resort LLC of Henderson, Nev., has purchased Beach Town Rentals, a 31-unit apartment property in Imperial Beach, for $5.5 million, according to CoStar Group and public data.
The Little Italy Association and San Diego-based developer H.G. Fenton Co. plan a Dec. 1 groundbreaking for Piazza Famiglia, a 10,000-square-foot public plaza serving the downtown neighborhood.
A buyer recorded as Oda LLC has purchased a San Marcos retail center for $5.25 million, according to the brokerage company Pacific Coast Commercial, which represented the buyer.
An affiliate of Paragon Real Estate Fund of San Diego has purchased the retail portion of the mixed-use Heritage Town Center in Chula Vista for $9.8 million, according to CoStar Group and public data.
The San Diego office of general contractor Rudolph and Sletten was recently awarded the construction contract for a $60 million Math, Science and Engineering Building planned at Southwestern College in Chula Vista.
New Romax Inc. of El Monte has purchased the historic Britt-Scripps House, in San Diego’s Bankers Hill neighborhood, for $2.9 million, according to brokerage company Colliers International.
PROPERTY: It Is Aiming to Meet LEED Gold Standards
Kilroy Realty Corp. of Los Angeles has begun construction on a new $45 million office building, which officials said is the first speculative construction in eight years in San Diego’s Del Mar Heights submarket.
TROPHY SPACE: Lack of New Inventory, Pressure on Costs Deter Movement
Need proof that commercial real estate has recovered from the worst of the Great Recession?