Solar panels at Marine Corps Base Camp Pendleton use San Diego-made components.
The Rancho Serra Mesa Shopping Center, which is anchored by a CVS Pharmacy, has been sold for $6.7 million in a receiver-controlled transaction.
The $40 million Pacific Station, on South Coast Highway 101 in downtown Encinitas, opened with housing, retail and office elements.
Downtown San Diego’s long awaited, $26.8 million bridge over Harbor Drive is now open to pedestrians.
Properties transferred to city ownership include several downtown parcels set to be developed in coming years as a municipal park called East Village Green.
Among the largest local health care real estate sales transactions of 2010 was the $83 million purchase of Physician’s Medical Center, a two-building medical office complex in Kearny Mesa, by Rady Children’s Hospital-San Diego.
Mercado del Barrio will have residential, retail and other commercial elements geared to the Barrio Logan community of Southeast San Diego. Initial construction work is expected to get under way within the next few weeks.
Novalar Pharmaceuticals has entered into an agreement to sell its OraVerse injection drug to a dental pharmaceutical company. The product rapidly reverses lingering lip and tongue numbness that results from local dental anesthesia.
Red Door Interactive President and CEO Reid Carr says social media is becoming a standard part of his clients’ marketing strategy.
Joel Reed, principal of investment bank RA Capital Group, says you can’t assume a transaction will create value for an owner or shareholder.