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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Ramona Apartment Property Sold for $3.6 Million

Block Builders Investment Group LLC of San Diego has acquired a Ramona apartment property for approximately $3.6 million, according to brokerage firms CBRE Group Inc. and Marcus & Millichap.

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Carlsbad Industrial Building Sells for $2.9 Million

TLR Properties of Los Angeles has acquired a Carlsbad industrial building for $2.9 million, according to brokerage firm Lee & Associates.

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Operators Complete $12 Million Renovation of DoubleTree Hotel

Operators of the 174-room Hotel Karlan have completed a $12 million renovation and rebranding of the DoubleTree hotel in San Diego’s Carmel Highland community.

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Corless Named Chief People Officer at Sunrise Management

San Diego-headquartered Sunrise Management, which oversees apartments and other multifamily properties, has named Marc Corless to the position of chief people officer.

UC San Diego Plans New Educational, Cultural Center in East Village

The University of California San Diego has announced plans for a new cultural and education center in downtown San Diego, as part of a mixed-use project in East Village proposed by developer Holland Partner Group.

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Sorrento Mesa Industrial Property Acquired for $3.7 Million

San Diego-based Ohana Kala LLC has purchased a Sorrento Mesa industrial warehouse property for $3.7 million, according to Voit Real Estate Services.

Four Small Local Businesses to Bid on Navy Construction Contracts

Four small businesses from San Diego County and one from Alaska were selected to bid on U.S. Navy construction projects and may have up to five years of work ahead of them.

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Chula Vista Industrial Building Sells for $9.4 Million

Rethwisch Enterprises LLC of Villa Park has acquired a Chula Vista industrial building for $9.4 million, according to brokerage firm Colliers International Group Inc.

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University Heights Apartment Property Sold for $2.28 Million

San Diego-based Vaeurus Urban Lifestyles Fund II LLC has purchased a nine-unit apartment property in University Heights for $2.28 million, according to brokerage firm Apartment Consultants Inc. (ACI)

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Retail Property in Little Italy Sells for $3.15 Million

India and Juniper LLC of San Diego has acquired a Little Italy retail property for $3.15 million, according to brokerage firm Colliers International Group Inc.

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Point Loma Retail Center Sold for $2.45 Million

San Diego-based Williams@Rosecrans LLC has acquired a strip shopping center in Point Loma for $2.45 million, according to brokerage firm Franco Realty Group.

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Murphy Development Nears Completion of Otay Mesa Industrial Park

San Diego-headquartered Murphy Development Co. is nearing completion on its Siempre Viva Business Park in Otay Mesa, with the recent groundbreaking on an $11.9 million industrial building at 8500 Kerns St.

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House Gives Buyer a Chance to ‘Make History’ or Just Enjoy It

The seaside resort town of Del Mar is just 1.8 square miles, but within its boundaries are some of the most architecturally significant and interesting homes in San Diego County.

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The Shoppes’ Multipurpose Makeover Is About People Pleasing

After years of delays and ownership changes, it appears that the long-fading mall in northern Carlsbad, known as Plaza Camino Real when it opened nearly a half-century ago, is ready to benefit from an extensive renovation.

Renovations Dominate Commercial Projects

CONSTRUCTION: Value Is Trending Above 2015

Converting older non-residential buildings for new and updated uses makes up more than three-quarters of the work being done these days by busy San Diego construction firms like Jaime Partners, and industry observers say those kinds of projects present further growth opportunities for local contractors in 2017 and beyond.