San Diego Business Journal


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

Port Development Faces Sea of Variablets

Port district officials are still far from cementing the development vision for what the larger San Diego Bay area will look like 50 years from now despite a recent string of projects nearing approval at high-profile sites along downtown San Diego’s waterfront.

By Lou Hirsh October 13, 2016 3:22 p.m.   $$ Share

In 12-Month Period California Adds 30,900 Construction Jobs

California led the way for U.S. states in adding construction jobs in the 12 months that ended in September, according to analysis of Labor Department data released by the Associated General Contractors of America.

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Kleinfelder Names John A. Murphy CFO, Patrick Schaffner SVP

Civil engineering firm Kleinfelder on Thursday said John A. Murphy has been named chief financial officer and executive vice president and Patrick Schaffner has been named senior vice president and director of human resources.

Trolley’s UTC Extension Could Deliver for Malls and Shoppers

Heavy-duty shoppers (of which I am not one) could see at least one big new benefit when San Diego’s trolley system makes its way to the University Towne Center area around 2021. It’s the chance to visit two of the area’s major malls via one trip on mass transit — or three malls with a transfer.

East Village Project With Ritz-Carlton Hotel Gets City Approval

The San Diego City Council has approved the city’s first Ritz-Carlton Hotel, along with a Whole Foods grocery store and housing, in a $400 million mixed-use development project in East Village.

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Michael O’Hanlon Appointed COO at OliverMcMillan

Commercial real estate development firm OliverMcMillan said Tuesday it has hired Michael O’Hanlon as chief operating officer.

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Carlsbad Industrial-Office Building Sells for $3.5 Million

A local buyer recorded as Carlsbad CRE LLC has purchase a Carlsbad industrial “flex” building with office space for $3.

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Deli, Coffee Shop to Open at Lane Field Mixed-Use Development

Developers have announced the first retail tenants at the mixed-use hotel development on the former site of Lane Field in downtown San Diego, as construction progresses on the second phase of the project now known as BRIC, to include an InterContinental Hotel.

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S.D. Buyer Acquires Calexico Self-storage Facility for $4.1 Million

StaxUp Storage-Portico LP of San Diego has purchased a self-storage facility in Calexico for $4.1 million, according to brokerage firm Lee & Associates.

Measure M Offered as Part of Solution to City’s Housing Problem

ECONOMY: Lack Of Affordable Housing Brings Host of Problems

Homelessness often tracks with housing affordability in major U.S. metro markets, and experts at a recent commercial real estate forum said San Diego has a growing problem on both fronts.

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Hospital Builder Made it Better

BUILDING: Blueprint for Healing Seen in Features

For a man who has spent the last five years of his life building one of the most distinguished works of architecture in La Jolla’s skyline, the sleekly curvaceous UC San Diego Jacobs Medical Center set to open by year’s end, Michael D. Wolfe had surprisingly little to say about the hospital’s appearance.

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Trolley Puts UTC on Right Transit Track

PROPERTY: Hot Submarket To Be Commuter Friendly

When it begins service in about five years, San Diego’s extended Mid-Coast Trolley will significantly ramp up mass-transit access to coast-adjacent neighborhoods including University Towne Center.

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Terminal to Carry Greater Economic Load

The Port of San Diego sees its 10th Avenue Marine Terminal as an economic engine that could pick up a lot of steam between now and 2035.

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Affirmed Housing Opens $47M Apartment Complex in Carmel Valley

Affordable-housing developer Affirmed Housing has completed and opened Cielo Carmel, a $47 million apartment community in San Diego’s Carmel Valley neighborhood.

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Escondido Building Housing Caliber Collision Center Sells for $2.95 Million

Mission Viejo-based RSS Associates Inc. has purchased an Escondido industrial service building housing Caliber Collision Center for $2.95 million, according to brokerage firm Lee & Associates and CoStar Group.