San Diego Business Journal

SD REAL ESTATE

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

Can Old Sempra Tower Leave Its Past Behind?

PROPERTY: Mixed-Use Plans Blocked By Zoning DesignationProperty owner Sandor Shapery envisions a significant mixed-use residential makeover of the downtown San Diego high-rise building that formerly housed the longtime headquarters of Sempra Energy.

By Lou Hirsh September 15, 2016 2:53 p.m.   $$ Share
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Rancho Bernardo Industrial Building Sold for $7.4 Million

San Diego buyers recorded as McEwen-Otay LLC and MP McEwen I LLC have acquired a Rancho Bernardo industrial building for $7.4 million, according to brokerage firm Colliers International Group Inc.

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Mission Valley Retail Center Sold for $14 Million

An affiliate of Los Angeles-based Gershman Properties LLC has purchased a Mission Valley strip retail center for $14 million, according to CoStar Group and public data.

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RAR Hospitality Adds New San Marcos Hotel to Its Portfolio

Hotel management and consulting firm RAR Hospitality Inc. has assumed management duties at the new 116-room Fairfield Inn & Suites in San Marcos, which is under construction and slated for a January 2017 opening.

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Carlsbad Locations Likely Next on Brewery Igniter’s Itinerary

North County has no shortage of craft beer companies; about a third of San Diego County’s 120-and-counting brewing sites are located there. But the area could soon get a new incubator-of-sorts for up-and-coming brewers.

Local Office of BNBuilders Gets $8.48M Caltech Lab Project

The San Diego office of general contractor BNBuilders has been hired to renovate an existing biomedical laboratory at California Institute of Technology (Caltech) in Pasadena. A company statement said the guaranteed maximum price for the project is approximately $8.48 million.

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Bankers Hill Apartment Property Sells for $3.89 Million

An Irvine buyer recorded as Bankers Hill Holdings LLC has acquired a 13-unit apartment building in San Diego’s Bankers Hill neighborhood for approximately $3.89 million, according to CoStar Group and public data.

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‘Making A Scene’

PROPERTY: New Coworking Sites Add Polished Presence To the Alternative Office World

Two new coworking spaces are opening in downtown San Diego, both with massive square footage and a more polished presence that undoubtedly will fuel the city’s emerging startup economy.

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Encinitas Office Condo Sold for $2.2 Million

An affiliate of Encinitas-based Comprehensive Dermatology Group has purchased an office condominium building in Encinitas for approximately $2.2 million, according to CoStar Group and public data.

San Diego Architecture Firms AVRP, Skyport Studio Merge

San Diego architecture and design firms AVRP Studios and Skyport Studio announced that they have merged, with the combined company now called AVRP Skyport Studios.

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Wendy Wong Named Guild Mortgage's First Chief Marketing Officer

Independent mortgage lender Guild Mortgage Company said Wednesday it has hired Wendy Wong as its first chief marketing officer and senior vice president.

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San Diego Firm Buys Escondido Mobile Home Park for $9.35 Million

San Diego-based Kleege Enterprises has acquired the Canyon Crest Estates mobile home park in Escondido for $9.35 million, according to brokerage firm Colliers International Group Inc.

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Oceanside Retail Center Sells for $7 Million

A Honolulu- based joint venture, including Oceanside Sullivan LLC and Oceanside Takayama LLC, has purchased an Oceanside retail center for $7 million, according to brokerage firm Cushman & Wakefield.

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North Park Apartment Property Sold for $3.37 Million

C&C University LLC of San Diego has purchased a 16-unit North Park apartment property for $3.37 million, according to brokerage firm Marcus & Millichap.

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Chula Vista Apartments Sold for $6.2 Million

Villa Parq Apartment Homes LP of San Diego has purchased a 53-unit apartment property in Chula Vista for approximately $6.2 million, according to CoStar Group and public data.

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Downtown San Diego Office Building Sells for $6.75 Million

A Los Angeles buyer recorded as San Diego K4 LLC has acquired a two-story downtown San Diego office building for $6.75 million, according to CoStar Group and public data.