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.
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.
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.
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.
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.
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.
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 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.
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.
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.