San Diego Business Journal

SD REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Hotel Market Experts Look to East for Drivers of Local Growth

The still-growing Chinese economy has the potential to become a sizable force in hotel markets including San Diego County’s — as a driver of property investment as well as a source of visitors filling guest rooms.

Coalition Seeks to Curb Problem of Drug Theft at Open Houses

A coalition of businesses, nonprofits and San Diego real estate professionals has banded together to prevent prescription drug theft at open houses. Key to the group’s mission is ensuring the safe use, storage and disposal of prescription drugs.

Cash Still King to Sellers in the Lower End

PROPERTY: Nonprofit Groups Are Calling for Government Regulation

Cash buyers are still exerting a big influence on the San Diego County market, making up about 31 percent of all house sales in February, causing frustration to many first time homebuyers.

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AleSmith Brewing Signs $9.7 Million Lease for Planned Miramar Expansion

San Diego-based AleSmith Brewing Co. has signed a $9.7 million lease to occupy a 105,600-square-foot industrial building in Miramar, where it plans to quintuple the size of its current craft beer-making operations in that neighborhood.

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BioMed Declares First Quarter Stock Dividend

San Diego-based BioMed Realty Trust Inc. (NYSE: BMR) has declared a first-quarter 2014 dividend of 25 cents per share of common stock, equivalent to $1 per share on an annualized basis.

Panel Approves Designs for Little Italy Plaza-Apartment Project

A committee of Civic San Diego, the city’s downtown project oversight agency, has approved preliminary designs for a new public plaza and mixed-use apartment development planned in Little Italy.

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Escondido Retail Center Owners Get $5.7M in Refinancing

The owners of Home Depot Plaza, a 171,300-square-foot retail center in Escondido, have obtained $5.7 million in refinancing on the property.

Work to Begin on $24M Row-Home Development in Golden Hill

Developers plan to begin construction this month on a $24 million, 33-unit row-home project in San Diego’s Golden Hill neighborhood.

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Solana Beach Office Building Sells for $4.3 Million

Duvivier Construction of Encinitas has bought a Solana Beach office property known as the Financial Building for $4.3 million.

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Lakeside Apartment Complex Sells for $4.9 Million

Lomas Santa Fe Group of Solana Beach has purchased the 54-unit Magnolia Terrace Apartments in Lakeside for approximately $4.9 million, according to real estate services firm The Heritage Group, which represented the buyer.

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Lakeside Apartment Property Sells for $4.9 Million

Lomas Santa Fe Group of Solana Beach has purchased the 54-unit Magnolia Terrace Apartments in Lakeside for approximately $4.9 million, according to real estate services firm The Heritage Group, which represented the buyer.

County’s Luxury Real Estate Market Hits Highest Levels Since 2007

PROPERTY: High-End Market Has Its Own Drivers

Luxury real estate has been a relative bargain in San Diego County since the market downturn in 2008. Those with the cash and the circumstances have been able to capitalize on the opportunity to buy property in one of the most desirable areas of the country.

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A Legacy of Luxury

PROPERTY: Quality, Core Values Contribute To a Century of Success

There are a handful of companies in San Diego County that have been here for 100 years and fewer still who have been family owned since 1914 — Willis Allen Real Estate is one of those few.

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Port Approvals Will Finally Get Ball Rolling at Lane Field

PROPERTY: Proposed Project Slated to Bring 400 Hotel Rooms By Early 2016

Developers are moving forward with a $130 million, 400-room hotel project on the former site of the Lane Field minor league ballpark in downtown San Diego, after nearly a decade of planning and discussion.

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Pyramid Power

PROPERTY: Co. Bets It Can Shape Up an Office Market in Miramar

The latest office acquisition of Alliance Diversified Holdings LLC is not hard to find on a stretch of Miramar Road long dominated by furniture stores and strip retail centers.