SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
San Diego’s home prices rose 4.5 percent in the year since April 2014, according to a national index measuring housing prices, slowing down from the 4.8 percent growth reported for March and continuing to lag behind an average of the nation’s 20 largest cities.
Housing developer KB Home of Los Angeles has acquired a 5.47-acre land parcel in El Cajon for $6.43 million, according to commercial brokerage company Colliers International.
Three San Diego-based companies made the latest annual list of the nation’s 100 largest construction management firms based on 2014 revenue, published recently by the industry magazine Engineering News-Record (ENR).
Brookwood Financial Partners of Beverly, Mass., has purchased the Carlsbad Executive Plaza office property for $23.9 million, according to brokerage company DTZ.
San Diego-based BioMed Realty Trust Inc. plans to develop a 155,000-square-foot building in Cambridge, England, that will eventually house the European headquarters of genomic research and development firm Illumina Inc.
New York-based Angelo Gordon Real Estate Co. and Citivest Commercial Investments LLC of Newport Beach have purchased a portfolio of nine San Diego County retail properties for $183.25 million, according to Flocke & Avoyer Commercial Real Estate.
Zephyr Partners is a San Diego-based real estate development and investment firm that was founded in 2008.
PROPERTY: Hotels, Assisted Living Facility Still Need Approval
A Hacienda Heights developer has submitted plans for a project off Interstate 15 in Escondido, which officials say could help boost the city’s stock of hotel rooms while setting the stage for more job-creating businesses in the southern area of the city.
PROPERTY: Pernicano’s Site, Other Spots Draw Bidders
Plans could be progressing next year on a mixed-use development that replaces the long-shuttered Pernicano’s restaurant building in Hillcrest — one indicator among several, observers said, of rising demand for commercial property in the popular San Diego neighborhood.
An affiliate of Cypress Office Properties of San Diego has purchased a four-building office and industrial portfolio in Mira Mesa for $23.5 million, according to CoStar Group and public data.
San Diego developer Sunroad Enterprises has begun construction on the fourth phase of Ariva, with 302 new apartments planned at its luxury development in Kearny Mesa.
An affiliate of San Diego developer H.G. Fenton Co. has purchased a commercial land parcel currently housing a used-car dealership in the city’s College Area for $3 million, according to CoStar Group and public data.
A buyer recorded as Wildwood Apartments LLC has acquired the 44-unit Playa Blanca Apartments in southern San Diego for $7.45 million, according to commercial brokerage company JLL.
Cisterra Development of San Diego has proposed an East Village mixed-use project that would include 205 residential units and a 160-room, five-star Ritz Carlton hotel, according to Civic San Diego.
Developers Ryan Companies US Inc. and GF Properties Group LLC planned a June 23 groundbreaking for Block 18, a $21 million mixed-use development in downtown Oceanside.