San Diego Business Journal


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

North Park Apartment Buildings Sell for $4.5 Million

San Diego-based WSC Investment Partners LLC has purchased two adjacent 10-unit apartment properties in San Diego's North Park neighborhood for $4.5 million, according to brokerage firm ACI Apartments.

By Sarah de Crescenzo March 30, 2017 2:15 p.m. share »
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Nicholas Alston Named Senior VP at New Bellwether Office

Bellwether Enterprise Real Estate Capital LLC, a national commercial and multifamily mortgage banking company based in Cleveland, recently announced a major expansion of its West Coast presence.

By Sarah de Crescenzo March 29, 2017 4:59 p.m. share »
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Makers Quarter’s First Brewer Won’t be Local

An out-of-state beer maker will open in East Village’s budding Makers Quarter development during the week of April 3.

By Lou Hirsh March 28, 2017 5:14 p.m. share »
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Homes Planned After $2.5M Purchase of Vista Church Property

Costa Mesa-based Warmington Land Associates II LP has acquired a Vista church property for $2.5 million, with plans to develop new mid-priced, for-sale homes on the site, according to brokerage firm Lee & Associates.

By Lou Hirsh March 24, 2017 2:12 p.m. share »
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The ‘Crown Jewel of the Presidio’ Is Sitting Pretty on Its Perch

Next year will mark the 110th anniversary of when the subdivision map for Mission Hills was first filed with the City of San Diego. The area is among the most beautiful and eclectic in all of San Diego. It is located in the hills above Old Town, west of Hillcrest and bordered by Interstate 5 on its westernmost edge and Interstate 8 on the north.

March 23, 2017 2:12 p.m. share »

SDSU Adds to Wave of Plans for Qualcomm Stadium Site

Just over two months after the San Diego Chargers said adios, the city is now facing a veritable flood of ideas for what to do with the 166-acre Mission Valley site of the aging Qualcomm Stadium.

By Lou Hirsh March 23, 2017 2 p.m. share »

What Are San Diego’s Retail Property Investment Prospects for 2017?

The city slipped out of the U.S. Top 10 for first time in several years.

By Lou Hirsh March 23, 2017 1:48 p.m. share »

S.D. Pending Home Sales Reportedly Declined 5.1 Percent

Pending home sales in San Diego County fell last month by 5.1 percent, as compared with a year earlier, as concerns mounted that California as a whole has too few units for sale, while those that are available are increasingly unaffordable.

By John Cox March 23, 2017 1:28 p.m. share »
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New San Marcos Fairfield Hotel Will Have Service Robot

A 116-room Fairfield Inn & Suites hotel is scheduled to open in San Marcos in the second half of April, with features including the region’s first in-house service robot. The $21 million development is the first ground-up hotel project for San Diego-based operator RAR Hospitality Inc.

By Lou Hirsh March 23, 2017 12:57 p.m. share »

SDSU Seeks to Acquire Land For Its Own Projects at Stadium Site

Presenting what is now the third alternative plan for Mission Valley since the departure of the San Diego Chargers, San Diego State University is seeking to acquire 47 acres at the city-owned site of Qualcomm Stadium to build its own stadium and other university facilities.

By Lou Hirsh March 22, 2017 12:49 p.m. share »
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Developer Completes $9.25M Remodeling at Chula Vista Retail Center

San Diego developer Brixton Capital has completed a $9.25 million remodeling at the Gateway Marketplace retail center in Chula Vista.

By Lou Hirsh March 22, 2017 10:53 a.m. share »
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Kearny Mesa Office Campus Owner Gets $34.3M in Financing

Property owner Klein Investment Family Limited Partnership has obtained $34.3 million in acquisition financing on a Kearny Mesa office campus, according to MetroGroup Realty Finance, which arranged the financing.

By Lou Hirsh March 20, 2017 2:15 p.m. share »

Local Construction Jobs Increased by 3,500 in 2016

Construction employment in San Diego increased by 3,500 jobs in 2016, according to an analysis of federal data by the Associated General Contractors of America.

By Sarah de Crescenzo March 17, 2017 1:07 p.m. share »
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Apartments in Pacific Beach Sold for $2.59 Million

Calowa Investments LLC of Vermillion, S.D., has purchased a six-unit apartment property in San Diego’s Pacific Beach neighborhood for $2.59 million, according to brokerage firm Palma Commercial.

By Lou Hirsh March 17, 2017 12:20 p.m. share »
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Commercial Real Estate | North County Developers Eye Del Mar for New Resort

Two Encinitas-headquartered development firms, each with a lot already on their project plates, are now teaming on plans for a 16-acre oceanfront luxury resort near Del Mar’s beloved “Dog Beach.” Tentative plans include branded resort villas, a public park, walking trails, restaurants and meeting spaces.

By Lou Hirsh March 16, 2017 2:57 p.m. share »