| San Diego Business Journal

Santee Industrial Building Sold

$12.8M sale

Scripps Ranch R&D Building Sold

$12.6M sale

Mercado del Barrio Sold

$13.9M sale

New Office Building Shares Site with Tower

CONSTRUCTION: Six-Story Office Building and Restaurant on Former BofA Site

LeBeau Realty & Associates has finished building a six-story downtown office building and restaurant on the site of a former Bank of America branch office downtown.

Westcore Acquires Texas Industrial Buildings

Four buildings

Longfellow Expanding San Diego Portfolio

Co. Purchases Sorrento Mesa Business Park

Longfellow Real Estate Partners has expanded its San Diego holdings with the purchase of a 16.8-acre Sorrento Mesa Business Park.

$29.2M Public Training Safety Center Opens in Otay Mesa

CONSTRUCTION: Project Includes Four-Story Burn Tower

Southwestern College in September opened a $29.2 million Public Safety Training Center on its Otay Mesa campus that will be the first of its kind on a Southern California community college campus, according to school officials.

Sprucing Up Oceanside Beach Along The Strand

CONSTRUCTION: $9.2M Makeover Project Renovates Plaza

A portion of The Strand, Oceanside’s signature beachfront street, is getting a makeover designed by Safdie Rabines Architects based in Mission Hills.

$100.2M Tower Being Built With St. Paul’s

CONSTRUCTION: 20-Story Apartment Building to Complement Cathedral

A $100.2 million Bankers Hill apartment tower that is being built by a private developer in conjunction with St. Paul’s Episcopal Cathedral is on target for completion in April 2022.

Housing Frenzy Cooling Down

Multiple Offers Still Common, But Competition Not as Fierce

People in the market for a new home are starting to get a break as the San Diego County real estate market cooled down a bit in August and early September.

Brixton Capital Acquires Riverside Shopping Center

187,851 square-foot center

Bankers Hill Apartments Sold

$6.9M sale

College Area Apartments Sold

$2.1M sale

Hotel La Jolla Sold

Renovations planned

Little Italy Hotel Sold

Built in 1991

Stanley Avenue Apartments Sold

$6.6M sale

Oceanside Building Leased

60,472 square foot building

Former Mission Valley Car Dealership Sold

5.6-acre site

Santee Apartment Complex Sold

$4.1M sale

High-End Housing Market Sees Continued Strength and Demand

Luxury is a Pricey Commodity in San Diego

Luxury home buyers in San Diego have an array of pricey homes to choose from and the market remains strong, although it softened a bit, mirroring what’s happening in the overall housing market in the county.

Hillel Starts Building La Jolla Center

CONSTRUCTION: $18M Facility to Serve Jewish Students at UCSD

After 20 years of struggling through lawsuits and design changes, Hillel of San Diego is starting construction of an $18 million center in La Jolla to serve Jewish students at the adjacent University of California San Diego.

Point Loma Apartment Complex Sold

$3.2M sale

Carlsbad Industrial Building Sold

$18.6M sale

Kilroy Signs Three Life Science Leases

Del Mar Heights and UTC

El Cajon Industrial Buildings Sold

$17.8M sale

Pacifica Companies Buys Hotel

Cambria hotel

Chula Vista Apartment Project Refinanced

$41.1M loan

Carlsbad Center Getting a Makeover

Plans Call for Adding Storefronts and Patios

A Carlsbad outdoor shopping center is getting a facelift. Northwood Investors in partnership with Nuveen Real Estate is renovating The Forum Carlsbad, 1923 Calle Barcelona.

San Marcos Affordable Housing Project Starts Construction

PROPERTY: $44.6M Development to Kick Off Series Slated for Region

A $44.6 million housing complex in San Marcos – Villa Serena – will kick off a series of affordable housing projects scheduled to start construction in San Diego County over the next year by National Community Renaissance.

Hillcrest Plaza Sold

$15.3M sale

Easter to Head San Diego Office for L.A. Real Estate Merchant Bank

Serving San Diego and Orange counties

San Marcos Plaza Sold

$16.3M sale

Artwork Aims to Inspire Kearny Mesa to Greatness

CIVIC: Fueling Drive to Prepare Convoy Street for Future Growth

Local artists are painting utility boxes throughout Kearny Mesa in what community leaders hope will help fuel a drive to turn the area into another Little Italy or Gaslamp Quarter.

A New Name and New Look for Center

Escondido Industrial Park Renovated and Rebranded

An Escondido industrial park has been spruced up and given a new name in a market so tight that space is nearly impossible to find.

Construction Started on New $58.2M Life Science Building

REAL ESTATE: Property Demand Still High as Pipeline Continues to Grow

Healthpeak Properties is starting construction on a $58.2 million life science building in Sorrento Mesa that will become part of a four-building complex the company owns on Directors Place.

Rice Elected President of Design Group

Principal designer and president of Payte Miller Interiors.

National City Apartment Building Sold

$32M sale

El Cajon Commercial Building Sold

$2 million sale

Sorento Mesa Life Science Building Sold

$15.9M sale

New Life Science Campus for Sorrento Mesa

Two Chicago-Based Firms Developing Property

San Diego’s life science real estate market drew a major investment in August with the $567 million purchase of a handful of Sorrento Mesa buildings and five acres of adjacent land by Sterling Bay West – the West Coast arm of Sterling Bay and Harrison Street.

Historic East Village Apartment Building Sold

Built in 1869

New $100 Million Development Started in Oceanside

CONSTRUCTION: Melrose Heights to Feature 301 Homes Targeting Middle-Income Buyers

A more than $100 million Oceanside housing development that started construction in August will have 301 homes in a mix that targets middle-income buyers.

New Aztec Stadium Passes Halfway Mark

On Target to Open for 2022 SDSU Football Season

One year after the groundbreaking for a new Aztec stadium on the Mission Valley site of what was once known as Qualcomm or Jack Murphy Stadium, the project is starting to look more like a sports arena and less like a hole in the ground.

Freedom Center Transforms Strip Club to Resource Facility

REDEVELOPMENT: Building to Become Shelter for Former Sex Trafficked Women

A former strip club is being turned on its head in a way as it is transformed into a center to help women who have been sex trafficked or labor trafficked – some of whom could have worked as dancers in the clubs.

Construction Division Grows

INSURANCE: Brokerage Adds 4 Industry Leaders

A San Diego independent insurance brokerage is on a growth spurt, expanding to include a broadened construction and surety division with the addition of four industry veterans to head the new business.

Ray Huard

Reporter

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