San Diego Business Journal

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Mission Valley Office Campus Sells for $29.2 Million

The San Diego office of Kearny Real Estate Co. has acquired the three-building Mission Center Office Park in Mission Valley for $29.2 million, the company announced.

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Realty Income Conducts $450 Million Stock Offering

Realty Income Corp. is expected to close Oct. 7 on a public offering of common stock with net proceeds of approximately $450 million, the San Diego-based company announced.

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Los Angeles Firm Buys Carlsbad Apartments for $112 Million

Decron Properties Corp. has acquired the 450-unit Eaves Carlsbad apartments in Carlsbad for $112 million, the Los Angeles-based company announced.

Haggen Looks to Sell Some Stores to Gelson’s, Smart & Final

Operators of Haggen Food & Pharmacy have filed motions with the federal bankruptcy court to sell eight of the retailer’s California stores to Gelson’s Markets, and another 28 in California and Nevada to Smart & Final LLC.

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Best Buy, Grace Digital Take New Spaces at Poway Business Park

Retailer Best Buy and consumer electronics company Grace Digital have taken spaces at two newly completed buildings at Poway Corporate Center, after signing leases valued at a total of more than $5.1 million, according to locally based developer Techbilt Companies.

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Mission Valley Office Building Sold for $5.5 Million

An entity recorded as Jim D. Petropoulos Revocable Trust has purchased a Mission Valley office building for $5.5 million, according to brokerage company Colliers International.

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La Jolla Planning Group Approves $65 Million Performing Arts Center

The city of San Diego’s La Jolla Community Planning Association recently approved plans for the proposed $65 million Conrad Prebys Performing Arts Center, being developed by the La Jolla Music Society.

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Sorrento Mesa Industrial Park Sold for $90 Million

An affiliate of New York-based Clarion Partners has acquired the five-building Pacific Technology Park in Sorrento Mesa for $90 million, according to CoStar Group and public data.

FAA to Discuss Proposed Airspace Changes at Local Meeting

San Diego International Airport officials will host an Oct. 6 public meeting in Point Loma, to discuss Federal Aviation Administration proposals for flight-path and other changes intended to improve airspace efficiency around Southern California airports.

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Westfield Mission Valley Welcoming Four New Tenants

Mall operator Westfield Corp. recently announced four new tenants at its Westfield Mission Valley retail center, including the newly opened Yard House restaurant.

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