Looming layoffs of 1,231 workers from Qualcomm’s San Diego operations are leading the company to vacate or sublease about 222,000 square feet of space in five buildings over the next several months in a move likely to shake up the commercial real estate market around the chipmakers’ Sorrento Mesa headquarters.
PROPERTY: Developer, Designer Plan Mixed-Use Project in Solana Beach
The man who was a driving force behind creation of the Cedros Design District in Solana Beach more than 25 years ago has come up with a project he hopes will breathe new life into the two-and-a-half block collection of shops, day spas and boutiques.
PROPERTY: Construction May Start in 2019
At long last, after more than 25 years of talk and false starts, a $1.1 billion resort hotel and convention center on Chula Vista’s bayfront may be close to becoming a reality.
San Diego’s stock of affordable housing for older residents got an ever-so-slight boost in April with the opening of a 75-apartment complex in North Park and the construction of a 62-apartment complex in Ramona.
PROPERTY: Interior to Be Redone for Boutique Office Environment
A former U.S. Bank building on a prominent corner at the edge of Little Italy in downtown San Diego is about to undergo a dramatic transformation.
Plans for a fictitious Carlsbad development centered on a culinary school with two 150-room hotels, a community garden and office condominiums won first place for a student team from The Corky McMillin Center for Real Estate at San Diego State University in an April real estate design competition.
OFFICE: Variety, Versatility Are Pluses of No Set Seat
Carissa Wisniewski as a managing partner of Moss Adams runs the company’s San Diego operations, but she doesn’t have a fancy corner office.
They’re not sexy and may not spring to mind as the most obvious commercial real estate investment of choice, but self-storage centers are chugging along with a steady growth in demand and corresponding increases in rent.
PROPERTY: WinCo. Foods’ Presence Paves Way for Other Stores
A once-trendy Oceanside shopping center that was abandoned by many of its tenants as it fell out of favor is being redeveloped with a new look, new stores and what its owner said is a bright outlook.
Retailers planning to expand, relocate or move into San Diego County could be in a bind, according to a report from Marcus & Millichap.
PROPERTY: Plans Eventually Call for 4,700 Residences
Seven years ago, Sudberry Properties said it would take 10 to 15 years to transform a 230-acre former Mission Valley rock quarry into a master-planned community that would set the tone for what the future of San Diego could look like.
Mirroring what’s happening in the market for office space in San Diego County, demand for industrial space in the region is outstripping supply, driving rents to levels not seen since before the Great Recession and vacancy rates to near or at record lows.
San Diego County developers are leading a national trend to build housing for senior citizens who need some level of care.
PROPERTY: Mixed-Use To be Transition Between Biz and Residential Areas
A vacant lot that was once a gas station, then a failed commercial development at the southern edge of Del Mar’s business district would become a mix of offices, retail shops, a possible restaurant and condominiums under a new proposal.
BNBuilders has been tapped as the construction manager and general contractor on three renovation projects at the University of California San Diego totaling $17.1 million.
San Diego CountSan Diego County is becoming ever more popular as a place for real estate investors to put their money, ranked as one of the top markets for industrial, multifamily, office and retail investment by the commercial brokerage firm CBRE.
PROPERTY: Shortfall Of Affordable Homes Said to Be 142,000
San Diego County’s supply of affordable housing is about to get a big boost through new construction and renovation projects planned by the nonprofit developer National Community Renaissance.
PROPERTY: Submarkets See Big Rental Rebound as Demand Heats Up Market
New construction, a thriving economy, rising construction costs and low vacancy rates have pushed office rental rates ever higher throughout much of San Diego County since 2010, when rates started rebounding from the recession.
Site was original home of Nicolosi's Italian Restaurant
PROPERTY: Need Good Management Co. to Do It Successfully
With construction of high-end apartments booming in San Diego, developer Douglas Wilson thinks it’s time for builders to look for something else.
PROPERTY: Live-Work Balance Seen for Submarket
Kearny Mesa is a San Diego neighborhood on the cusp of change, as some talk of turning Convoy Street at its heart into the next Little Italy and pending community plan changes could prompt new commercial and apartment development.
Ben Badiee, one of the most prolific developers in North County San Diego, is chugging along with still more projects.
Ever wonder what goes into some of those luxury condos being built in downtown San Diego?
Kaiser Permanente is the anchor tenant. Photo courtesy of CoStar.