A 20-acre site in what was once farmland in the Twin Oaks Valley Region of San Marcos is being transformed into a campus for what will become a model development for providing services to the developmentally disabled.
REAL ESTATE: Raw Land Scarce, Reuse Eyed in North County
Despite the shrinking inventory of raw land, demand for North County property is going strong, with low vacancy rates for industrial and office property.
Commercial Real Estate: Real Estate Investors Eyeing S.D.; Growth Rate of 15 Percent Predicted in 2019
San Diego will be one of the 10 hot spots in the nation in 2019 for commercial real estate investment, according to a company that provides environmental reports on commercial real estate property.
Sudberry Properties is building so many apartment projects so fast that it is creating its own residential development division to oversee them.
BIOTECH: Why Pay More Is One Company’s Philosophy
When Ionis Pharmaceuticals was looking for a new home, it chose Carlsbad over the more traditional sites for life science companies in central San Diego County.
PROPERTY: Oversupply Said Not to Be a Problem; More Development Expected
East Village, the site of many a new luxury apartment tower, is getting something different — an apartment project that is relatively short at seven stories and not all glass and steel like many of its competitors.
In 1983, Doug Barnhart created what became San Diego’s biggest home-grown construction company — Douglas E. Barnhart Inc. Then, in 2008, he sold it when he was diagnosed with prostate cancer.
Fresh off its acquisition of 14 industrial buildings in Sorrento Valley, Longfellow Real Estate Partners based in Boston further cemented its position in San Diego by hiring local real estate veteran Nick Frasco as managing director of its West Coast operations.
It’s probably no real surprise, but Cushman & Wakefield recently reported that the life science industry was a driving force behind commercial real estate investment in San Diego and elsewhere in 2018 and is likely to perform well in 2019.
Demand for office space cooled in San Diego County for the fourth quarter of 2018 but the outlook for 2019 is favorable, according to commercial real estate brokers, while demand for industrial space finished the year on a mixed note.
Investing in apartment projects continues to pay off throughout most of San Diego County with rents in most cities continuing to climb.
Buildings are in Carlsbad and Sorrento Mesa
The Boston-based development company that made a dramatic entry into the San Diego life-science market in November is expanding its local presence with a promise of more to come.
REAL ESTATE: Firm Persists, Grows, Adapts; Typical Sale is $1.2M
When Frederick L. Brown opened his real estate office in La Jolla in 1914, the seaside enclave had only recently gotten electricity, the streets were just starting to be paved and La Jolla had a population of less than 400.
PROPERTY: K1 Brings Unique Offering to Growing Field of High-End Apartments
A $120 million apartment tower that pays homage to San Diego’s Central Library is nearing completion in East Village in what brokers said is a robust market for new apartment construction that’s likely to continue in 2019.
San Diego’s booming Little Italy neighborhood has a new apartment tower — Luma.
Buyer plans to add warehouse space
Qdoba Mexican Eats is moving its corporate headquarters to Ampersand, the former home of The San Diego Union-Tribune.
Home sales took a sizable drop in December, according to the Greater San Diego Association of Realtors — dropping 19.9 percent from December 2017 for single-family homes and 32.5 percent for condominiums.
PROPERTY: Retail Sector Seen as Stable in S.D. for 2019
A former Sears store at El Cajon’s Parkway Plaza is being redeveloped with a variety of retailers taking portions of the space and plans are in the works for a similar redevelopment of a former Sears store in the Chula Vista Center mall.
Affirmed Housing has acquired a Cortez Hill parking lot for nearly $3.8 million with plans to use it as the site for an affordable housing project.