San Diego Business Journal

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Little Italy Apartments Sold for $102.5 Million

A Dallas buyer listed as Apartments at Little Italy LLC has purchased Broadstone Little Italy, a 203-unit apartment building in downtown San Diego, for $102.5 million, according to CoStar Group and public data.

Cassidy Turley Being Acquired by DTZ Affiliate

Washington, D.C.-based commercial real estate services provider Cassidy Turley, which has a San Diego office, has entered into an agreement to be acquired by an affiliate of DTZ Investment Holdings, for an undisclosed price.

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Carlsbad Retail Center Sells for $15 Million

A Phoenix-based partnership of Hannay Realty Advisors and MDC Realty Advisors USA has purchased the Palomar Place retail center in Carlsbad for $15 million, according to brokerage company JLL, which represented the seller.

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Legacy Partners Plans $6.5 Million Upgrade of Sorrento Mesa Office Campus

Legacy Partners Commercial Inc. plans more than $6.5 million in renovations at Sorrento Canyon Technology Center in Sorrento Mesa, which it purchased earlier this year in a joint venture with an affiliate of Goldman Sachs.

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Murphy Development Buys Scripps Ranch Land from Intel

San Diego-based Murphy Development Co. has purchased 30.9 acres of undeveloped land in the Scripps Ranch Business Park from Intel Corp., for an undisclosed price.

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Barons Market in Murrieta Will Be Company’s Sixth Location

Natural-foods grocer Barons Market plans a spring 2015 opening for a new store set to open in Murrieta, which will be the sixth location for the San Diego-based retailer.

San Diego-Centric Artisan Market Planned for Liberty Station

If a local restaurateur’s plans come to fruition, the next big arrival at the ever-evolving Liberty Station, in San Diego’s Point Loma neighborhood, will be a 21,000-square-foot public market that will put dozens of artisans and food vendors under one roof at the former Naval Training Center.

Opponents of Wage Hike Turn in Petition

Opponents of a planned hike in San Diego’s minimum wage said they have collected more than 56,000 petition signatures, well above the 34,000 required to place the issue before voters.

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Make Room for More In Mission Valley

PROPERTY: New Mixed-Use, Apartments Planned for Area

Two more projects were recently added to a growing list of developments in the works for San Diego’s already-busy Mission Valley neighborhood.

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Pop-Up Plaza Brings Input on Urban Use

PROPERTY: Carlsbad Tries To Revitalize Small Spaces

The leader of Urban Place Consulting Group likens it to the urban-planning version of what the software industry calls beta testing.

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