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Retail Opportunity Investments Corp., also known as ROIC, has closed on an underwritten public offering of just over 14.3 million shares of common stock.
LISC San Diego, the Local Initiatives Support Corp., a nonprofit that uses government and philanthropic resources to help revitalize communities, provided a $2.25 million loan to the City Heights Community Development Corp. to purchase a 20-unit apartment building in the neighborhood.
General contractor Sundt Construction Inc., which has a regional office in San Diego, has been selected by Southwestern Community College District to manage construction of a new $15.3 million science building in National City.
Ninety-unit complex fetches $15 million.
The Escondido building is under lease for seven more years.
The San Diego-based construction management company continues its streak of being nationally ranked for revenue.
Poway, the aptly named “city in the country,” is home to some of San Diego County’s most spectacular luxury estates. Just 23 miles from downtown San Diego, it is truly world’s away when confronted with the views of the surrounding hillsides, and in some cases, out to the ocean.
Not enough young adults are leaving home to help kick-start the construction and financing sectors.
The San Diego Unified School District plans to lease property to charter school.
The property was fully leased.
The median price for a house sold in San Diego in May was $440,000, a bit higher than in April and considerably higher than a year ago.
Former home of La Jolla drug store was bought.
Two-building property totals nearly 20,000 square feet.
The vacancy rate among San Diego apartments plunged to 2.8 percent, a level not seen in a decade, according to a report from the San Diego County Apartment Association.
Music society plans to build a performing arts center.