Ray Huard

Reporter

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

Recent Stories

Renters Stay Put Rather Than Face Tough Local Market

Demand for rental apartments has reached near record highs in San Diego, even as the market for single family home sales continues to soften.

Palisade at UTC Rolls Out Red Carpet of Amenities for Renters

Looming above University City at the edge of the Westfield UTC mall, the 23-story UTC Residential Tower passed a construction milestone in November with the topping off of the building.

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San Diego Company Completes Colorado Medical Center

Center will serve nearby sports facilities

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Plaza Buyers Looking for Right Mix to Make Property Shine

PROPERTY: Creating An Inviting Vibe for Millennials Part of Plan

When Patty Brutten and Marc Brutten’s Brixton Capital real estate investment firm bought Del Mar Plaza in February 2017, they were surprised at what they found.

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Oceanside Mixed-use Project Sold For $5.5M

Building is fully occupied

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Eastlake Office Building Sold For $2.6M

Building is leased to Loan Depot.

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Carlsbad Office Building Sold For Undisclosed Price

Building was constructed for Hughes Aircraft

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Oceanside Navy Credit Union Site Sold For $4.4M

Credit union renewed lease for 10 years.

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Character Is Amenity For East Village Office

PROPERTY: SuperBlock to Offer Classic, Large Space

The former home of Jerome’s Furniture — an East Village landmark in downtown San Diego for nearly 50 years — will be transformed into a new landmark of sorts.

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Escondido Industrial Buildings Sold For $5.9M

More purchases planned by Orange County firm

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Piano Building Sold For $2.9M

Building was fully occupied.

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Multifamily Buying Spree Targets Changing Rental Scene

Sunroad Enterprises of San Diego went on a buying binge in November, scooping up apartment complexes in Arizona, Nevada and Washington state. Sunroad declined to say how much it spent on the acquisitions.

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Coffman Engineers Names New Principals

Scott Twele, Jim Conley and Casey Whitsett promoted

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La Jolla Apartments Sold For $4.4M

Complex has eight apartments

San Marcos Apartments Sold For $23.3M

Complex has 84 apartments

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Parallel Capital Partners Sells Arizona Business Center For $25M

Center was 93 percent leased at the time of sale.

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North City to Bring Urban Environment to San Marcos

Gary Levitt darted from building to building, weaving his way amid the scaffolding that frames an apartment building that’s still under construction as he talked grandly of what’s still to come on the San Marcos project that he’s been working on for the past 15 years.

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Liberty Station Property Sold

Pendulum Property Partners and The Seligman Group acquire portions of the former Naval Training Center.

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Downtown San Diego Project Sold For $13.1M

Project includes 23 apartments.

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El Cajon Apartments Sold For $4.1M

Complex has 24 apartments

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Sorrento Mesa Life Science Building Sold For $43.2M

Building was renovated prior to sale.

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Two Office Tenants Added to One Paseo’s Preleasing Success

Kilroy Realty has latched onto two major tenants for the two office buildings it’s constructing as part of the company’s 23-acre One Paseo mixed-use development in Carmel Valley.

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Carlsbad Office Building Sold For $3.4M

Building is fully leased.

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Solana Beach Firm Buys Las Vegas Shopping Center

Price was undisclosed

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S.D. Co. Buys Chino Hills Apartment Complex For $34.8M

Complex has 125 apartments.

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San Diego Firm Brokers Fresno Office Sale For $5.4M

Building was renovated in 2016.

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Self-storage Complex Sold For $19.1M

Complex has 88,000 square feet of rentable space.

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Financing Arranged For Vista Apartment Project

Project will be a joint venture arranged by HFF

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Otay Mesa Land Sold For $4.8M

Property is approved for 143 residential units.

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Matter Real Estate Starts Las Vegas Project

Light industrial, office and warehouse project will be 132,450 square feet

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San Diego Developer Completes $18.9 M Indiana Healthcare Project

Long-term care center converted to rehabilitation hospital

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San Ysidro Land Sold For $2M

Land is zoned for mixed-use and multi-family development

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Portfolio Buy Is Ticket To Life Science Sector

PROPERTY: Development Co. Enters With Plans, Experience

A Boston development company — Longfellow Real Estate Partners — that specializes in developing life science campuses is establishing its first West Coast presence in San Diego with the $112 million purchase of 12-buildings in Sorrento Valley.

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Aerospace Site Is History as It’s Redone for Office/Warehouse

PROPERTY: Central Location Is Selling Point For Last-Mile Uses

Five Kearny Mesa industrial buildings that were once home to the aerospace manufacturer Pratt & Whitney have been transformed into an office and warehouse campus.

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Housing Projects Targets Homeless, Low-Income

Two new affordable housing projects are in the works, including a $172 million East Village mixed-use project by Father Joe’s Villages and Chelsea Investment Corp. that will have 273 apartments and a new home for the Head Start Program.

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Year-Over-Year Home Sales Drop 17%

Home sales were up ever-so-slightly in October in San Diego County compared with September but still lag far behind where they were a year ago, according to the Greater San Diego Association of Realtors.

Leasing Begins at Manchester Pacific; Wide Variety of Tenants Expected

With construction just starting on his $1.5 billion development along the downtown San Diego waterfront, developer Doug Manchester has hung up a for lease sign.

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Mission Valley Is Hot for Office Projects, Which in Turn Bring More Multifamily

Mission Valley is about to undergo a surge in office redevelopment.

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Apartment Complex Sold For $2.2M

Complex has nine apartments.

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Poway Office Building Sold For $2.3M

Building has 11,050 square feet of space.

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Apartment Complex Sold For $4M

Complex has 16 apartments.

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Santee Industrial Center Sold For $5.4M

Suites are 1,000 square feet.

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Westcore’s $11.6M Auction Bid Is a Winner in Many Ways

A prime piece of Sorrento Valley real estate has been scooped up by Westcore Properties, which is still figuring out what to do with it.

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Some Areas Still Have Not Recovered From Housing Crisis

San Diego neighborhoods that were hardest hit by the housing crisis have yet to recover.

CRE Markets Don’t See Downside As Sectors Keep Flourishing

PROPERTY: Strong Labor Market, San Diego’s Popularity Stoke Momentum

Commercial real estate in general is booming in San Diego, with many brokers expecting a strong finish to 2018 in most sectors.

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Demographics Lead Developers to Senior Housing Projects

PROPERTY: Older Homeowners Can Use Equity in Home for Move

Senior living projects are popping up at an increasing rate in San Diego County as developers hope to tap an exploding market which many said is vastly underserved.

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Multi-family Project Sold For $2.6M

Property includes apartments and single-family homes.

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Kearny Mesa Building Sold For $18M

Building was extensively renovated.

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Cruzan Acquires Carlsbad Commercial Center

Center has eight buildings.

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Co. Busy Meeting Need For Affordable Housing

PROPERTY: Chelsea, Affiliate Prove Themselves on Projects

As a college student, Jim Schmid wanted to become a history professor.

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