SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
Kaiser Permanente has broken ground on its new $900 million hospital being built in Kearny Mesa.
PROPERTY: Residential Growth In Northern Area Has Been Big
Developer Coast Income Properties Inc. will begin work soon on The Village at Pacific Highlands Ranch, a mixed-use project planned for an area of northern San Diego where retail development has lagged far behind the arrival of thousands of new homes in recent years.
Houston-based Group 1 Automotive Inc. has purchased the Heller Ford Hyundai dealership in Escondido, which included the $8 million purchase of two retail buildings on the lot, according to CoStar Group and public data.
The median price for a single family house in San Diego dipped 3.6 percent in January from the prior month’s median price to $405,000, said Dataquick, the La Jolla real estate research firm.
PGI Investments of Carlsbad has purchased 16 acres of residential land in Lemon Grove for approximately $5.8 million, according to brokerage firm Colliers International, which represented the buyer and seller.
California homebuyers need an annual income of about $89,000 to qualify for the purchase of a median-priced single family home of $431,510 as of the fourth quarter of 2013, according to the California Association of Realtors.
Homebuilder Richmond American Homes of Maryland Inc., with a regional office in Irvine, has purchased five acres of residential land in San Marcos for $15.6 million, according to CoStar Group and public data.
San Diego-based A Woods LLC has purchased the 60-unit Amber Woods Apartments in El Cajon for $8.9 million, according to CoStar Group and public data.
Pasadena-based Alexandria Real Estate Equities Inc. has purchased a Torrey Pines office and industrial building for $64 million, according to CoStar Group and public data.
The 193-room Hyatt House San Diego/ Sorrento Mesa is among 10 hotels being purchased by Maryland-based RLJ Lodging Trust, in a $313 million deal.
PROPERTY: Revised Plan Would Reduce Nearby Housing Units By 21 Percent
Recent neighborhood development and air traffic growth may bring changes in what can be built near San Diego International Airport.
PROPERTY: Private Equity Firm Gets in Good Markets for Less
Interwest Capital Corp. looked far and wide — and among young and old — for commercial property investment opportunities during what turned out to be a busy 2013 for the La Jolla-based company.
There is something different about Del Mar. Arriving from the south or the north on Highway 101, this charming community looks like it could be a village in Canterbury, England, instead of a beach town in Southern California.
San Diego County landed at No. 5 in Marcus & Millichap Inc.’s latest annual performance rankings of the nation’s apartment markets, moving up one spot from its year-ago placement.
The U.S. Navy’s construction office awarded the Helix-Hon Joint Venture Co. an indefinite quantity contract that could be worth as much as $30 million.