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San Diego investor and developer Dan Floit has acquired a Carlsbad office building housing Bank of America for $7.2 million, according to brokerage company CBRE Group Inc.September 9, 2014 4 p.m. Share
RQ Construction LLC of Carlsbad was recently awarded a contract and a task order, with values totaling more than $36 million, for work being done for the U.S. Navy, according to the U.S. Defense Department.
Contracts for future construction in San Diego County rose 35 percent from a year ago in the first eight months of 2014, with a value topping $3.1 billion, according to the latest data from McGraw Hill Construction.
A buying entity recorded as Matmo Ents Inc. has purchased a 104-year-old apartment building in downtown San Diego for $3.3 million, according to CoStar Group and public data.
Partnerships controlled by San Diego-based R&V Management Corp. have acquired the 644-unit Greenfield Village apartment community in Otay Mesa for $150 million, according to Cushman & Wakefield Inc.
San Diego-based Excel Trust Inc. has purchased a portfolio of three Utah retail centers for approximately $223 million, according to the parties and brokerage company involved.
PriceSmart Inc., the San Diego operator of warehouse club stores in Latin America and the Caribbean, said it acquired 239,000square feet of land in Chorrera, Panama where it intends to open a new warehouse store in the summer of 2015.
San Diego-based Wermers Properties and R&V Management Corp. have partnered to acquire 7.4 acres of land near Carmel Valley for $17.5 million, with plans to develop a new apartment community.
PROPERTY: Climate Could Change as Sector Settles in With Reforms
An aging population and expanded insurance coverage are raising demand for health care services, but the exact demand picture for medical offices — in terms of size, format and location — still hasn’t come fully into focus in San Diego County.
PROPERTY: Diverse Mix Of Projects Set for La Jolla
Property by property, La Jolla’s central Village area is being remade as several older buildings get new owners who are now making plans for upcoming townhomes, stores and restaurants, a performing arts center and a luxury movie theater.
Vista-based craft beer maker Belching Beaver Brewery Inc. plans to convert a former bank location into a new brewpub in that city, after purchasing the building at 302 E. Broadway for $1.35 million.
Westcore Properties of San Diego has purchased an Otay Mesa industrial building for $6.7 million.
Developer McDonald Property Group of Newport Beach has joined in a partnership to develop a 15.8-acre, $26 million industrial project in Oceanside.
Regent Properties of Los Angeles has purchased a two-building Carlsbad property that includes the headquarters building of golf equipment maker TaylorMade-adidas for approximately $23.5 million, according to brokerage company Cassidy Turley.
Developer Dan Floit of Del Mar has purchased Plaza La Tienda, a two-building retail property in the East County community of Jamul, for $3.8 million, according to CoStar Group and public data.
Bixby Land Co. of Irvine has purchased four San Diego office buildings, in deals totaling $21.8 million, with plans for more than $16 million in renovations.