REAL ESTATE: Pavilion Sale to Save Palomar Health $2M Annually
Palomar Health has sold the Pomerado Outpatient Pavilion in Poway in a complicated deal that the company said will save it more than $2 million annually in leasing costs.
REDEVELOPMENT: Transformation of 133-year-old Structure Especially Challenging
Transforming a 133-year-old building in downtown Oceanside to a trendy boutique hotel has proven especially challenging.
HOSPITALITY: New Look Gives UTC Hotel More Contemporary Feel
The Hyatt Regency La Jolla at Aventine in UTC has a whole new look, courtesy of a $10 million renovation recently completed that is meant to give it a more contemporary feel inside and out.
LEADERSHIP: Pfeiler Is First Woman to Hold Industry Group's Top Spot
San Diego’s Building Industry Association – a lobbying and trade organization for the construction industry – went in a new direction in choosing Lori Holt Pfeiler as its next CEO.
Area Still One of the Most Desirable Places to Live
The migration of people moving from urban centers to the suburbs as a result of the pandemic never happened in San Diego, according to a report from Newmark, a commercial real estate brokerage and research firm.