PROPERTY: Slew of New Additions Expected to Aid in City’s Economic Recovery
Liberty Station is adding a slew of new tenants to its current line-up.
ARCHITECTURE: International Firm Known for Striking and Prominent Buildings
While in high school, Joseph Wong helped out in his parents’ restaurant with little idea of what he wanted to do with his life. “I had a very good drafting teacher at San Diego High School,” Wong said. ... “He suggested, ‘What about being an architect?’ It was like a light bulb.”
Historic Downtown Building to Be Restored
The historic Spreckels Theater building – a San Diego landmark for more than a century - has been sold for $18 million with plans to restore the property.
REDEVELOPMENT: Hotel Being Added to $350M Project
An Australian company - Caydon Property Group – has made significant changes to its plans to redevelop the former California Theater in downtown San Diego.
REAL ESTATE: REIT Attracts Realty Income
Realty Income Corp. (NYSE: O) has signed an agreement to acquire a second REIT, Phoenix-based VEREIT Inc. (NYSE: VER), in an all-stock transaction worth approximately $11 billion.
HEALTHCARE: $44M Health Institute Opens
North County’s healthcare options expanded with the April opening of a $44 million rehabilitation center on the 56-acre campus of Palomar Medical Center Escondido.
Multiple Offers Becoming Commonplace
San Diego’s housing market is so hot heading into mid-year that agents report that buyers are paying well above the price sellers are listing – sometimes $100,000 or more regardless of appraised value.
MEDIA: $50 Million Renovation to Be Completed in 2022
Safdie Rabines Architects has designed a $50 million renovation and expansion of KPBS that will give a new look to the public radio and television station on the campus of San Diego State University.
EDUCATION: $67.5M Project Breaks Ground
Celebrated as a project that exemplifies dramatic changes that are reshaping the way business is done, the University of San Diego marked beginnings of a $67.5 million business center with a recent groundbreaking.
San Diego Residential Real Estate Sales and Units Volume for 2020