San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Realty Income Corp. Reports Quarterly, Annual Revenue Increases

Realty Income Corp. reported a 9.1 percent gain from a year ago, as revenue for the fourth quarter ending Dec. 31 reached $287.8 million. Full-year revenue topped $1.1 billion in 2016, up 7.8 percent from 2015.

By Lou Hirsh February 22, 2017 4:49 p.m. share »
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Palomar Health Weighing Proposal for Downtown Campus

Escondido finally has an answer – part of one anyway – on what will be done with the hospital campus that has stood as a landmark in the city’s downtown since the 1950s.

By John Cox February 21, 2017 2:53 p.m. share »

Coldwell Banker Acquires Masterpiece Realty Associates

Del Mar-based Masterpiece Realty Associates Inc. has been acquired by real estate brokerage company Coldwell Banker Residential Brokerage, the firm announced Tuesday. Financial terms of the deal were not disclosed.

By Sarah de Crescenzo February 21, 2017 2:48 p.m. share »

Fourth-Quarter, Annual Revenue Rise at American Assets Trust

American Assets Trust Inc. saw total revenue rise 7 percent from a year ago for its fourth quarter ending Dec. 31, topping $76.5 million, the San Diego-headquartered company reported.

By Lou Hirsh February 21, 2017 2:41 p.m. share »
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Investor Group Unveils Vision for Qualcomm Stadium Site

An investor group has unveiled details of its plan to turn the Qualcomm Stadium site into housing, commercial space and park space.

By John Cox February 20, 2017 3:01 p.m. share »
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Kearny Mesa Office Building Sells for $5.87 Million

San Diego-headquartered Castle Investment Co. Inc. has acquired a Kearny Mesa office building for $5.87 million, according to CoStar Group and public data.

By Lou Hirsh February 17, 2017 1:30 p.m. share »
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Little Italy Multifamily Tower Planned After $15.2M Property Buys

An affiliate of San Diego-based AAA Management LLC has acquired two land parcels in downtown’s Little Italy for a total of $15.2 million, according to CoStar Group and public data.

By Lou Hirsh February 17, 2017 1:12 p.m. share »
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Port, Coastal Commission Clash Over Portside Pier Project

San Diego and California coastal officials are seeking to resolve a jurisdictional dispute that could delay the long-discussed redevelopment of the downtown waterfront site that was home to the recently closed Anthony’s Fish Grotto.

By Lou Hirsh February 16, 2017 2:42 p.m. share »
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Renovate America Relocating Rancho Bernardo Headquarters

San Diego-based Renovate America Inc. has leased 160,000 square feet at Rancho Vista Corporate Center in Rancho Bernardo, where it plans to relocate its headquarters in September of this year, according to brokerage firm CBRE Group Inc.

By Lou Hirsh February 16, 2017 2:30 p.m. share »
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Closings Show Whole Foods Not Immune to Competitive Realities

Shoppers in Encinitas are about to witness something that has rarely been seen during the past 36 years: the closing of a Whole Foods Market.

By Lou Hirsh February 16, 2017 2:25 p.m. share »
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Pop-Up Stores Bring Lively Vibe to Mall Mix

Pop-up stores may be short-term players in the retail space but they are providing long-term opportunities for malls and shopping centers.

By Lou Hirsh February 16, 2017 2:15 p.m. share »
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Accounting Firm LevitZacks Relocating Downtown Headquarters

Locally based accounting firm LevitZacks plans to relocate its downtown headquarters to new offices at 450 B St. in downtown San Diego,according to brokerage firm JLL.

By Lou Hirsh February 15, 2017 2:40 p.m. share »

San Diego Among Top 20 U.S. Markets for Construction Starts

San Diego County ranks at No. 20 among the nation’s 20 largest markets for the value of commercial and multifamily construction starts during 2016, according to a new report by research firm Dodge Data & Analytics.

By Lou Hirsh February 14, 2017 1:14 p.m. share »
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Brokerage Firm NGKF Relocating to One La Jolla Center

Commercial brokerage firm Newmark Grubb Knight Frank (NGKF) is relocating its San Diego operations to Irvine Company’s One La Jolla Center office tower in University Towne Center.

By Lou Hirsh February 14, 2017 11:31 a.m. share »
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Santee Retail-Office Property Sells for $3 Million

Narwhal Holdings LLC of San Diego has acquired a Santee retail and office property for approximately $3 million, according to brokerage firm Retail Insite.

By Lou Hirsh February 14, 2017 11:23 a.m. share »