SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
An affiliate of San Diego-based Phase 3 Real Estate Partners Inc. has purchased two University Towne Center office buildings for a total of approximately $51.6 million, according to CoStar Group and public data.
DW Bonita Road LLC of Bonita has purchased a Bonita office building for $2.95 million, according to CoStar Group and public data.
Strategic Hotels & Resorts Inc. is selling the 417-room Hyatt Regency La Jolla for $118 million, the Chicago-based company announced.
Cushman & Wakefield announced the sale of the Marquis at Hillcrest for $13.7 million to Littletown Realty LLC.
Six San Diego State University students snagged a top prize for their plans to build a movie theatre and parking structure on a 13-acre property in Encanto Hills, the school said Tuesday, part of a citywide competition to come up with the best ideas for how to develop the hilly land and still turn a profit.
Prices for San Diego homes rose 4.7 percent in the 12 months since February 2014, according to a national index measuring housing prices, slightly lower than the 5 percent increase among the nation’s 20 largest cities and one of only three cities to see its growth slow.
Bel Vue Terrace Properties LLC of San Diego has purchased the 40-unit Jamacha Apartments in El Cajon for $5 million, according to brokerage company Berkadia, which represented the buyer.
Mills Trust of Downey has acquired a nine-unit apartment property in Ocean Beach for $2 million, according to brokerage company Marcus & Millichap Inc., which represented the buyer and seller.
Utah Prime Properties Inc. of Los Angeles has acquired a San Marcos industrial building for $2.1 million, according to CoStar Group and public data.
CWC Income Properties 3 LLC, a San Diego-based private equity fund, has acquired a Carmel Valley office building for $5.4 million, according to the fund’s parent company.
Urban Housing Communities LLC has purchased a 44-unit Escondido apartment complex for $6.6 million, according to broker ACI Apartments, which represented the sellers.
An affiliate of Beverly Hills-based O’Gara Coach Co. has purchased three San Diego retail auto dealership buildings for a total of $11.8 million, according to CoStar Group and public data.
An affiliate of San Francisco-based Stockbridge Capital Group LLC has acquired a 14-building portfolio of Otay Mesa industrial properties for approximately $42.5 million, according to CoStar Group and public data.
An affiliate of Rancho Santa Fe-based Pacifica Real Estate Services Inc. has purchased the 66-unit BluWater Crossing apartment property in Carlsbad for $39.7 million, according to CoStar Group and public data.
Hughes Marino, a San Diego-based commercial real estate services provider, has opened two new offices in Northern California and announced an expansion and relocation of one of its Los Angeles offices.