Ray Huard

Reporter

Email: rhuard@sdbj.com
Phone: 858-277-8904

Recent Stories

Special Report: An In-Demand Address

REAL ESTATE: Raw Land Scarce, Reuse Eyed in North County

Despite the shrinking inventory of raw land, demand for North County property is going strong, with low vacancy rates for industrial and office property.

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Escondido Apartment Complex Sold For $19.5M

Complex has 98 apartments

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Former National City Toys "R" Us Building Leased

Building is leased for 10 years

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Commercial Real Estate: North County Campus Coming to Life, Billed as Model for Disabled Services

A 20-acre site in what was once farmland in the Twin Oaks Valley Region of San Marcos is being transformed into a campus for what will become a model development for providing services to the developmentally disabled.

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Commercial Real Estate: Multifamily Growth Prompts New Sudberry Division

Sudberry Properties is building so many apartment projects so fast that it is creating its own residential development division to oversee them.

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Commercial Real Estate: Real Estate Investors Eyeing S.D.; Growth Rate of 15 Percent Predicted in 2019

San Diego will be one of the 10 hot spots in the nation in 2019 for commercial real estate investment, according to a company that provides environmental reports on commercial real estate property.

East Village Apartment Site Picks Its Own, Unusual Design Path

PROPERTY: Oversupply Said Not to Be a Problem; More Development Expected

East Village, the site of many a new luxury apartment tower, is getting something different — an apartment project that is relatively short at seven stories and not all glass and steel like many of its competitors.

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Mission Valley Office Building Sold For $3.9M

Building was fully leased

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Carlsbad Industrial Building Sold For $2.5M

Building was constructed in 1987

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Westcore Properties Acquires Azusa Industrial Property

Purchase price ws $8.8 million

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Willow Glen Apartments Sold For $17.9M

Complex has 97 apartments

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Constructing A Legacy: Experience, Bonds Are Building Materials Of Family Business

In 1983, Doug Barnhart created what became San Diego’s biggest home-grown construction company — Douglas E. Barnhart Inc. Then, in 2008, he sold it when he was diagnosed with prostate cancer.

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Linda Vista Apartments Sold For $11.6M

Complex has 45 apartments

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MG Properties Group Acquires Nevada Apartments

Complex has 184 apartments

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Downtown Parking Garage Sold For $6.3M

Garage has 265 spaces

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Palomar Triad Office Building In Carlsbad Sold For $9.2M

Building was renovated in 2013

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Otay Mesa Industrial Building Sold

Building was renovated in 2017

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City Heights Apartment Building Sold For $2.5M

Building has 20 apartments

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Vista Industrial Building Sold For $7.8M

Building sold to avocado packer.

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Kearny Mesa Office Building Sold For $3.8M

Building was 95 percent leased

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Former Fire Station Sold For $3M

Building was constructed in 1900

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Longfellow Taps San Diego Talent

Fresh off its acquisition of 14 industrial buildings in Sorrento Valley, Longfellow Real Estate Partners based in Boston further cemented its position in San Diego by hiring local real estate veteran Nick Frasco as managing director of its West Coast operations.

Life Sciences Continue to Boost Market

It’s probably no real surprise, but Cushman & Wakefield recently reported that the life science industry was a driving force behind commercial real estate investment in San Diego and elsewhere in 2018 and is likely to perform well in 2019.

No Relief for Renters

Investing in apartment projects continues to pay off throughout most of San Diego County with rents in most cities continuing to climb.

Brokers Don’t See Reason to Add Their Voices to Downturn Chorus

Demand for office space cooled in San Diego County for the fourth quarter of 2018 but the outlook for 2019 is favorable, according to commercial real estate brokers, while demand for industrial space finished the year on a mixed note.

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Newport Beach Firm Buys Four San Diego County Industrial Buildings

Buildings are in Carlsbad and Sorrento Mesa

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Investment Group Buys Sorrento Mesa Office Complex

Company plans $5.2 million in renovations

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Lakeside Apartment Building Sold For $2M

Building has 11 apartments

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Talmadge Apartments Sold For Nearly $7.7M

Building has 36 apartments

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Co. Aiming for 2.5 Million Square Feet In the Local Life-Science Submarkets

The Boston-based development company that made a dramatic entry into the San Diego life-science market in November is expanding its local presence with a promise of more to come.

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Though It Can Look Way Back, Agency Is Forward-Looking

REAL ESTATE: Firm Persists, Grows, Adapts; Typical Sale is $1.2M

When Frederick L. Brown opened his real estate office in La Jolla in 1914, the seaside enclave had only recently gotten electricity, the streets were just starting to be paved and La Jolla had a population of less than 400.

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Luxury Rising

PROPERTY: K1 Brings Unique Offering to Growing Field of High-End Apartments

A $120 million apartment tower that pays homage to San Diego’s Central Library is nearing completion in East Village in what brokers said is a robust market for new apartment construction that’s likely to continue in 2019.

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One Paseo Retail Goal Is for ‘Gathering Space’

Apparently, people no longer shop. They experience.

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Luma Showcases the Vibe, Views And Luxury of Little Italy Living

San Diego’s booming Little Italy neighborhood has a new apartment tower — Luma.

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Oceanside Industrial Building Sold For $3.5M

Building will be used for Sadie Rose Baking Company

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San Diego Firm Brokers $19.8M Garden Grove Industrial Building Sale

Buyer plans to add warehouse space

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Carlsbad Airport Plaza Sold For $14M

Building was recently renovated

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Loan of $19.5M Secured For Del Mar Corporate Plaza

Two office buildings were renovated in 2017

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Phil's BBQ Buys Temecula Building For $3.2M

First location beyond San Diego County

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Carlsbad Retail Building Sold For $3.7M

Building is fully leased

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North Park Apartments Sold For $2.1M

Complex has seven apartments

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Pacific Beach Apartments Bring $3M

Complex has six apartments.

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Pacific Beach Apartments Sold For Nearly $2.9M

Complex has eight apartments.

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Ampersand Move Punctuates Qdoba’s Ownership Change

Qdoba Mexican Eats is moving its corporate headquarters to Ampersand, the former home of The San Diego Union-Tribune.

December Home Sales Are Down 19.9%

Home sales took a sizable drop in December, according to the Greater San Diego Association of Realtors — dropping 19.9 percent from December 2017 for single-family homes and 32.5 percent for condominiums.

Sears’ Exits Open Door For New Opportunities

PROPERTY: Retail Sector Seen as Stable in S.D. for 2019

A former Sears store at El Cajon’s Parkway Plaza is being redeveloped with a variety of retailers taking portions of the space and plans are in the works for a similar redevelopment of a former Sears store in the Chula Vista Center mall.

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Affirmed Buys Lot for Planned 7-Story Apartment

Affirmed Housing has acquired a Cortez Hill parking lot for nearly $3.8 million with plans to use it as the site for an affordable housing project.

HFF Arranges Hotel Sale For $25.5M

Hotel was built in 2002

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Catching A Break

TOURISM: Delays Lead to Local Ownership for New Hotel Planned in Encinitas

Back in 1989, some developers had a plan to build a fancy hotel on a seaside Encinitas bluff overlooking the ocean and South Ponto Beach.

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Tower 180 Aims to Be Contender In the Downtown Market

PROPERTY: Amenities, Style and Even Tenant Roster Add to In-Demand Location

A down-and-out office tower in the heart of downtown San Diego is getting a dramatic remake and a new name by a developer who said it’s turning this once grand structure into top-notch office space that will command top rents.

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