San Diego Business Journal

Tease photo

Paragon Buys East Village Commercial Block for $34M

San Diego-headquartered Paragon Real Estate Fund and its affiliates have acquired a full city block of properties in downtown’s East Village, known locally as the Art Center Block, for $34 million, the company announced.

By Lou Hirsh July 23, 2017 1:03 p.m. share »

Hotel Management Company Plans to Lay Off up to 90 in San Diego

San Diego-based Hotel Managers Group LLC plans to lay off up to 90 workers effective Aug. 15, according to a company filing with the California Employment Development Department.

By Lou Hirsh July 23, 2017 1:03 p.m. share »
Tease photo

Paragon Buys East Village Commercial Block for $34 Million

San Diego-headquartered Paragon Real Estate Fund and its affiliates have acquired a full city block of properties in downtown’s East Village, known locally as the Art Center Block, for $34 million, the company announced.

By Lou Hirsh July 21, 2017 2:57 p.m. share »

Hotel Management Company to Lay Off up to 90 in San Diego

San Diego-based Hotel Managers Group LLC plans to lay off up to 90 workers effective Aug. 15, according to a company filing with the California Employment Development Department.

By Lou Hirsh July 21, 2017 12:59 p.m. share »
Tease photo

Comic-Con 2017: Everybody Wants In

As with past years, the 2017 edition of Comic-Con International kicked off July 20 with the most common sight seen in and near the San Diego Convention Center: people waiting in lines.

By Lou Hirsh July 20, 2017 4:13 p.m. share »
Tease photo

El Cajon Apartments Sold for $5.6 Million

San Diego investors Ronald and Judy Endeman have acquired a 26-unit apartment property in El Cajon for $5.6 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh July 19, 2017 4:41 p.m. share »

Sixt Rent-a-Car Plans New San Diego Operations

Florida-headquartered Sixt Rent-a-Car plans to expand into San Diego this fall, with new operations being established at the consolidated rental car center that opened last year near San Diego International Airport.

By Lou Hirsh July 19, 2017 2:12 p.m. share »

Coronado Brewing Acquiring Majority Stake in Monkey Paw Brewing

Coronado Brewing Co. is acquiring a majority stake in San Diego-based craft beer-maker Monkey Paw Brewing Co. for an undisclosed price. Officials of the two companies said the transaction is expected to close Sept. 1.

By Lou Hirsh July 19, 2017 11:05 a.m. share »

Q2 Data Suggests Continued Gains for Two Key Markets

The first official brokerage company data trickling in for 2017’s second quarter suggests that conditions favoring landlords still reign in two categories.

By Lou Hirsh July 18, 2017 5:29 p.m. share »
Tease photo

San Diego Firm Buys Encinitas Apartments for $53 Million

An affiliate of San Diego-based Property West Residential has acquired a 120-unit apartment property in Encinitas for $53 million, according to CoStar Group and public data.

By Lou Hirsh July 18, 2017 5:17 p.m. share »
Tease photo

Senior Apartment Property in North Park Sold for $5.1 Million

An affiliate of San Diego-based Melroy Investments Inc. has acquired a 26-unit senior apartment community in North Park for $5.1 million, according to CoStar Group and public data.

By Lou Hirsh July 18, 2017 3:54 p.m. share »
Tease photo

North Park Commercial Property Sold for $3.6 Million

ECB Partners LLC of San Diego has acquired a North Park office and retail property for $3.6 million, according to CoStar Group and public data.

By Lou Hirsh July 17, 2017 3:19 p.m. share »
Tease photo

San Diego Mansion Housing Hotel Sold for $3.85 Million

Irvine-based Limelight Investments LLC has purchased the historic mansion housing the Britt Scripps Inn in Bankers Hill for $3.85 million, according to CoStar Group and public data.

By Lou Hirsh July 17, 2017 2:58 p.m. share »

No Identity, Secret or Otherwise, Revealed Yet for Upcoming Comic-Con Museum

Forgive Comic-Con International organizers for being a little pre-occupied at the moment, seeing as they’re quite busy gearing up for their annual mega pop-culture fest running July 20-23 at San Diego Convention Center.

By Lou Hirsh July 17, 2017 11:57 a.m. share »
Tease photo

Digital Marketing Agency Signs as the Sole Office Tenant at IDEA1 Development

Seer Interactive, a Philadelphia-based digital marketing agency, has signed a long-term lease to become the sole office tenant at the mixed-use IDEA1 project in downtown San Diego’s East Village.

By Lou Hirsh July 16, 2017 1:05 p.m. share »
Tease photo

Bankers Hill Commercial Property Sold for $4 Million

Investor Tim Foley of San Diego has acquired a mixed-use property in San Diego’s Bankers Hill neighborhood for $4 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh July 16, 2017 1 p.m. share »
Tease photo

Commercial Property in Bankers Hill Sold for $4 Million

Investor Tim Foley of San Diego has acquired a mixed-use property in San Diego’s Bankers Hill neighborhood for $4 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh July 14, 2017 2:31 p.m. share »
Tease photo

Digital Marketing Agency Signs as Sole Office Tenant at IDEA1 Development

Seer Interactive, a Philadelphia-based digital marketing agency, has signed a long-term lease to become the sole office tenant at the mixed-use IDEA1 project in downtown San Diego’s East Village.

By Lou Hirsh July 14, 2017 1:21 p.m. share »
Tease photo

New San Diego Hotel Opens, With Plenty More on the Way

San Diego’s newest hotel is a 245-room Homewood Suites by Hilton, which recently opened at 2201 Hotel Circle South in Mission Valley and is managed by Evolution Hospitality of San Clemente. The property is owned by Newport Beach-based T2 Hospitality, led by founder and CEO Mike Patel, which has developed several hotels in the local market including the dual-branded Hilton campus that opened last year at the former Top’s Nightclub/Fat City site near Little Italy.

By Lou Hirsh July 13, 2017 3:17 p.m. share »

Venue Updates: More Beer and Food Coming Up

On July 19, Del Mar is expected to see the opening of Viewpoint Brewing Co., billed by operators as that city’s first craft beer brewery. A company statement said the brewery restaurant, owned by Charles Koll at 2201 San Dieguito Drive near Jimmy Durante Boulevard, overlooks the scenic San Dieguito Lagoon, directly across from the county fairgrounds.

By Lou Hirsh July 13, 2017 3:15 p.m. share »
Tease photo

Brick-and-Mortar Grocers Show No Sign of Slowing

Amazon Inc. made big headlines with its plan to buy grocer Whole Foods Market Inc. for $13.7 billion, which likely has many competitors wondering whether they’ll need to boost their own tech-based delivery capabilities when it comes to getting fresh food into the hands of their customers.

By Lou Hirsh July 13, 2017 3:15 p.m. share »
Tease photo

Carlsbad Firm Buys Arizona Commercial Property for $10.2 Million

Carlsbad-based Capstone Advisors has acquired a seven-building office and industrial property in Tempe, Ariz., for $10.2 million, the company announced.

By Lou Hirsh July 13, 2017 3:12 p.m. share »

Former El Cajon Police Station Site to House Hampton Hotel, In-N-Out Burger

The former site of an El Cajon police station will be redeveloped to include a Hampton by Hilton hotel, a new location of In-N-Out Burger and other adjacent retail, following the city council’s recent approval of the project at 100 Fletcher Pkwy.

By Lou Hirsh July 13, 2017 2:23 p.m. share »
Tease photo

$60M Apartment Project Slated for Vacated Downtown Retail Site

Developer Legacy Partners plans a $60 million apartment project in downtown San Diego’s Marina District, after reaching undisclosed terms on a ground lease for a retail site that formerly housed Cost Plus World Market at 372 Fourth Ave.

By Lou Hirsh July 13, 2017 2:16 p.m. share »
Tease photo

Tired Superheroes, Hungry Zombies Are Economic Assets for S.D.

These days, the ripple benefits of Comic-Con International, the largest convention held annually in San Diego, extend well beyond the exhibitors seeking to impress the 130,000 attendees, or the hoteliers selling thousands of rooms to those pop culture devotees every July.

By Lou Hirsh July 13, 2017 1:31 p.m. share »
Tease photo

Brewer Puts ESOP to Work for Co., Culture

It’s been used sporadically in the U.S. beer industry to keep craft brewers independent: grant ownership shares to workers via an employee stock ownership plan (ESOP).

By Lou Hirsh July 13, 2017 1:23 p.m. share »
Tease photo

New Home Co. Plans $100M Development at Civita

Homebuilder The New Home Co. of Aliso Viejo has announced its first San Diego County project, a 133-unit development at the Civita mixed-use community in Mission Valley.

By Lou Hirsh July 12, 2017 4:07 p.m. share »
Tease photo

Oceanside Industrial Property Sells for $3.75 Million

IP Investments LLC of Pasadena, Texas, has acquired an Oceanside industrial property for $3.75 million, according to brokerage firm Horizon Resources Inc.

By Lou Hirsh July 12, 2017 11:16 a.m. share »
Tease photo

South County Tuna Purveyor Takes New Space in Chula Vista

Is San Diego County in the midst of a tuna industry resurgence?

By Lou Hirsh July 11, 2017 12:54 p.m. share »
Tease photo

HP Investors Buys East Village Retail-Office Property for $11.4 Million

San Diego-based HP Investors LLC has acquired a retail and office condominium complex in East Village, originally built as part of the mixed-use condo tower development known as The Legend, for $11.4 million.

By Lou Hirsh July 11, 2017 11:51 a.m. share »
Tease photo

Mission Valley Office Property Sold for $10.3 Million

San Francisco investor Charlie Jadallah has acquired a Mission Valley office property for $10.3 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh July 10, 2017 2:39 p.m. share »
Tease photo

RAF Pacifica Group Begins Work on 3 North County Industrial Projects

Encinitas-headquartered RAF Pacifica Group recently began construction on three previously announced industrial developments in North County totaling $110 million in value.

By Lou Hirsh July 10, 2017 2:08 p.m. share »
Tease photo

Vista Apartment Property Sells for $3.57 Million

An Encinitas buyer recorded as SWEP VV LLC has acquired a 21-unit apartment community in Vista for approximately $3.57 million, according to brokerage firm Cushman & Wakefield.

By Lou Hirsh July 10, 2017 12:06 p.m. share »

Modern Times Beer Says It Is First Craft Brewer in State to Offer ESOP

San Diego-based Modern Times Beer has created what it touts as California’s first employee stock ownership plan (ESOP) to be established by a craft brewer.

By Lou Hirsh July 9, 2017 1:05 p.m. share »
Tease photo

American Assets Trust Buys Retail Center for $42M

San Diego-based American Assets Trust Inc. has purchased the Gateway Marketplace retail center in Chula Vista for approximately $42 million, the company announced.

By Lou Hirsh July 9, 2017 1:02 p.m. share »
Tease photo

Oceanside Mobile Home Park Sells for $2.5 Million

A San Diego buyer recorded as GMC Ocean LLC has acquired the Sandy Shores RV Park in Oceanside for $2.5 million, according to brokerage firm Colliers International Group Inc.

By Lou Hirsh July 9, 2017 1 p.m. share »
Tease photo

Bankers Hill Apartments Sold for $2.49 Million

A Solana Beach buyer recorded as J&A 1 LLC has purchased a nine-unit apartment property in San Diego’s Bankers Hill neighborhood for $2.49 million, according to brokerage firm ACRE Investment Real Estate Services.

By Lou Hirsh July 9, 2017 12:58 p.m. share »
Tease photo

Bankers Hill Apartments Sold for $2.49M

A Solana Beach buyer recorded as J&A 1 LLC has purchased a nine-unit apartment property in San Diego’s Bankers Hill neighborhood for $2.49 million, according to brokerage firm ACRE Investment Real Estate Services.

By Lou Hirsh July 7, 2017 11:49 a.m. share »
Tease photo

Oceanside Mobile Home Park Sells for $2.5M

A San Diego buyer recorded as GMC Ocean LLC has acquired the Sandy Shores RV Park in Oceanside for $2.5 million, according to brokerage firm Colliers International Group Inc.

By Lou Hirsh July 7, 2017 11:15 a.m. share »
Tease photo

American Assets Trust Buys Chula Vista Retail Center for $42M

San Diego-based American Assets Trust Inc. has purchased the Gateway Marketplace retail center in Chula Vista for approximately $42 million, the company announced.

By Lou Hirsh July 7, 2017 11 a.m. share »
Tease photo

Modern Times Beer Puts 30% of Stock in Employee Plan

San Diego-based Modern Times Beer has created what it touts as California’s first employee stock ownership plan (ESOP) to be established by a craft brewer.

By Lou Hirsh July 7, 2017 10:32 a.m. share »
Tease photo

Escondido Apartment Property Sells for $15 Million

San Diego-based Carv Properties LLC has purchased a 62-unit apartment property in Escondido for $15 million, according to brokerage firm ACRE Investment Real Estate.

By Lou Hirsh July 6, 2017 2:49 p.m. share »
Tease photo

Lemon Named General Manager at Rancho Bernardo Inn

Jamie Lemon has been named general manager of Rancho Bernardo Inn, overseeing all operations of the luxury golf resort and spa at 17550 Bernardo Oaks Drive.

By Lou Hirsh July 6, 2017 1:49 p.m. share »
Tease photo

Hotel Del Coronado Joins Hilton’s Curio Collection After Management Change

Its name will not be changing, but the iconic Hotel del Coronado by month’s end will be operating as a Curio Collection by Hilton property, following a management switch to Hilton Hotels & Resorts.

By Lou Hirsh July 6, 2017 11:32 a.m. share »

County Construction Starts Down 3 Percent in 2017 After Steep May Decline

The value of San Diego County’s construction starts declined 3 percent in the first five months of 2017, to just over $1.51 billion, as both the residential and non-residential categories experienced much steeper declines from a year ago during the month of May.

By Lou Hirsh July 5, 2017 2:36 p.m. share »
Tease photo

Cohn Affiliate Buys Coaster Saloon Property in Mission Beach for $2.1 Million

An affiliate of San Diego’s Cohn Restaurant Group Inc., led by co-founder and President David Cohn, has acquired the mixed-use Mission Beach building currently housing The Coaster Saloon for $2.1 million, according to The Franco Realty Group.

By Lou Hirsh July 5, 2017 12:42 p.m. share »
Tease photo

Encinitas Office Building Sold for $10.4 Million

San Diego-based Commercial Equity Partners has acquired an Encinitas office property in a $10.4 million acquisition and private placement offering, according to brokerage firm Cushman & Wakefield.

By Lou Hirsh July 5, 2017 12:33 p.m. share »

Little Relief For Renters In Tight Market

Even as development ramps up, San Diego County’s apartment market remains extremely tight at the halfway point of 2016, and the vacancy climate is expected to remain especially tight outside the city of San Diego, where most of the new local units are being built and delivered lately.

By Lou Hirsh June 29, 2017 3:08 p.m. share »
Tease photo

Will Sustainability Help Make the ‘Sale’?

San Diego-based Newland Communities has reworked its plans for the proposed Newland Sierra residential development near Escondido, with features that the developer says will make it the county’s first carbon-neutral community.

By Lou Hirsh June 29, 2017 3:07 p.m. share »
Tease photo

Retail Sites Easily Make Substitutions for Sporting Goods Losses

It didn’t take long for three North County retail centers to fill holes left by last year’s extinction of two long-struggling U.S. sporting goods chains, Sports Authority and Sport Chalet.

By Lou Hirsh June 29, 2017 3:05 p.m. share »

Prev

Page of .