San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

Wave of Renovations and Redevelopments Hits the Village

Whatever you call it, the Village of La Jolla — aka Downtown La Jolla, aka La Jolla Cove — has been on a tear for the past two years when it comes to commercial real estate.

By Lou Hirsh August 25, 2016 2:36 p.m.   $$ Share
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Oceanside Retail Center Sold for $23.2 Million

Illinois-based InvenTrust Properties Corp. has acquired the Old Grove Marketplace retail center in Oceanside for approximately $23.2 million, the company announced.

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Escondido Office Building Sells for $6.9 Million

Torrance-based Showprop Pico Rivera LLC has acquired a 25,380-square-foot office building in Escondido for $6.9 million, according to the seller, San Diego-based SENTRE Inc.

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San Diego Firm Buys Santa Rosa Apartments for $43 Million

San Diego-based Davlyn Investments Inc. has purchased a 138-unit apartment community in Santa Rosa for $43 million, the company announced.

Report Calls for Enhanced ‘Placemaking’ in S.D.

The city of San Diego can do more to meet community and business goals by creating a sense of place in its individual neighborhoods, according to a new report by the regional nonprofit Circulate San Diego.

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Lakeside Apartment Property Sold for $3.3M

San Diego investor Roger Carr has acquired a 20-unit apartment complex in Lakeside for $3.3 million, according to brokerage firm Apartment Consultants Inc., also known as ACI.

The New Home Co. Is Expanding Into San Diego County

REAL ESTATE: OC Firm to Build 133 Homes In Civita Development

New Home Co. has bought land for its first homebuilding project in San Diego, and is also expanding its reach in Orange County through a new project at the La Floresta development in Brea.

JLL Report: San Diego Life Science Leasing Remains Strong

Tenant demand for life science real estate in San Diego remains robust so far in 2016, even as leasing activity has declined from levels seen in the first half of 2015, according to a new report from brokerage firm JLL.

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County Construction Starts Rose 5% in in First 7 Months of 2016

San Diego County’s construction starts increased five percent from a year ago in the first seven months of 2016, with projects totaling more than $2.17 billion in value, according to the latest monthly figures from research firm Dodge Data & Analytics.

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Local Retail Market Stays Safely Insulated

PROPERTY: Online Buying, Closures Don’t Dent Market

Just two years after Brixton Capital acquired a vacated former Target store site in Chula Vista, four major retailers will soon be sprouting up to take its place.

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Land Brokerage Company Opens Office in San Diego

Irvine-based land brokerage firm Province West has established an office in San Diego, managed by Vice President Eric Weitz. The expansion follows a recently announced strategic alliance between Province West and Scottsdale, Ariz.-based Nathan & Associates Inc.

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New San Diego Retirement Community Planned after $18.5M Land Purchase

Carlsbad-based Continuing Life Communities has acquired a 53-acre land parcel in San Diego’s Scripps Ranch neighborhood for $18.5 million, with plans to develop a new continuing care retirement community.

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Sorrento Mesa Office Buildings Sold for $28 Million

New York-based Angelo, Gordon & Co. has acquired a two-building Sorrento Mesa office property for $28 million, according to brokerage firm JLL.

California Records a 4% Increase in Construction Employment Over 12 Months

Of the 39 states in which construction employment rose between July 2015 and July of this year, California added the most construction jobs, according to a report from the Associated General Contractors of America.

ALTA Environmental Opens Second S.D. Office in Oceanside

A Long Beach-based project engineering firm, ALTA Environmental, has opened an office in Oceanside.