San Diego Business Journal


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

Vista Can Be Your Window On a World Of SoCal Beauty

Once known as the Avocado Capital of the World, the city of Vista is just seven miles from the beach and stretches out among gentle rolling hills and enjoys cooling ocean breezes.

Retail Center’s Customer Service Went Several Extra Miles

Mobile app- enabled ride-sharing services such as Lyft and Uber are becoming ubiquitous at places including the airport and local tourist venues (see the Business Journal’s Sept. 7 story), and they could eventually become popular among shoppers tired of searching for parking at their favorite malls during peak hours.

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PROPERTY: With Factors In Its Favor, Millenia Aims For Big Change in Chula Vista

After being stalled for several years by setbacks in the real estate economy, residential and commercial projects are set to sprout at the long-awaited, 210-acre Millenia mixed-use development in Chula Vista.

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Poway Industrial Building Sold for $3.32 Million

Atomic Investments Inc. and Muirlands Investments LLC of National City have acquired a Poway industrial building for approximately $3.32 million, according to brokerage firm Pacific Coast Commercial.

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Renovation Planned after $5 Million Sorrento Mesa Office Purchase

Harbor Associates LLC of Long Beach has purchased a Sorrento Mesa office building for $5 million in an all-cash deal, with plans for an extensive renovation, the investment firm reported.

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Wilson Cos. Appoints Execs, Moves into Housing Development

San Diego-based real estate development and services firm Douglas Wilson Cos. has named Nicholas P. Wilson as its chief operating officer and Michele Vives as senior managing director, as it prepares projects in new areas including senior housing.

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San Diego Office Property Sold for $6.3 Million

J&J Properties - La Jolla LLC, a division of J&J Real Properties LLC of San Diego, has purchased the Vista La Jolla Corporate Center office property in the Rose Canyon submarket for $6.3 million, according to real estate services firm HFF.

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Hotel Del Coronado Owner Being Acquired by Blackstone for $6 Billion

Strategic Hotels & Resorts Inc., which owns 17 high-end U.S. hospitality properties including Hotel Del Coronado, has agreed to be acquired by affiliates of New York-based Blackstone Group, in a deal valued at approximately $6 billion.

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Investor’s Commercial Property Deals Total $52 Million

San Diego-based investor Dan Floit has sold five local multifamily buildings and acquired several other commercial properties, in transactions totaling $52 million, according to brokerage company CBRE Group Inc.

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Dallas Company Buys Miramar Office Park for $19.15 Million

Lincoln Property Co. has purchased the five-building Activity Business Center office park in Miramar for $19.15 million, the Dallas-based company announced.

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Less than an hour away from the day-to-day grind of city living is Los Robles Ranch in Santa Ysabel.

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La Mesa Apartment Property Sold for $5.8 Million

an Diego-based Midland Properties LLC has purchased the 33-unit Racquet Club Apartments in La Mesa for $5.8 million, according to brokerage firm ACRE Investment Real Estate Services.

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North Park Condominiums Sell for $5.61 Million

Belmont Growth LLC of San Diego has acquired the 22-unit Suncrest Condos in North Park for $5.61 million, according to brokerage company ACRE Investment Real Estate Services.

School Sites Appear to Hurt Home Values

Homes further away from schools are worth more than those nearby, according to a recent study by the University of San Diego.

‘Ballot Box Planning’ A Growing Concern

DEVELOPMENT: Carlsbad Latest to Join Initiative Fray

Carlsbad could soon be embroiled in San Diego County’s latest scuffle over “ballot box planning,” as opponents of a lagoon-adjacent retail center seek to overturn the Carlsbad City Council’s recent approval of the project.