San Diego Business Journal

SD REAL ESTATE

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

Bankers Hill’s Status Is Being Elevated

PROPERTY: Projects, Plans And Demand Reshaping AreaIn the Bankers Hill building where printing presses once churned out copies of the San Diego Daily Transcript, the property’s new owner, Michael Donovan, envisions a space where restaurant patrons will one day enjoy freshly brewed craft beer.

By Lou Hirsh May 23, 2016 1:11 p.m.   $$ Share
Tease photo

No Need for a Map to the Stars in Beautiful Borrego Springs

If you grew up somewhere other than a densely populated urban environment, you’ll remember the absolute awe of staring up at a night sky thick with stars. Borrego Springs

Tease photo

Smart & Final Fills Its Share Of Former Haggen Locations

Less than five months into 2016, the competitive slate of grocery stores now operating in San Diego County looks very different than it did at the end of 2015 — due largely to the quick departure of the Northwest supermarket chain Haggen Inc.

Tease photo

Kearny Mesa Medical Office Building Sold for $4 Million

A buyer recorded as 2100 Fifth Avenue LLC of San Diego has acquired a Kearny Mesa medical office building for $4 million, according to brokerage firm JLL.

Tease photo

La Mesa Office Building Sells for $3.5 Million

La Mesa Business Associates Real Estate General Partnership has acquired a multi-tenant office building in La Mesa for $3.5 million, according to brokerage firm SVN Asset Advisory Group.

Tease photo

Carlsbad Firm Buys Flagstaff Apartments for $58.7 Million

Carlsbad-based Red Rock Investment Management has acquired a two-building apartment portfolio in Flagstaff, Ariz., with a total of 419 units, for approximately $58.7 million, the company announced.

Tease photo

Golden Hill Apartment Property Sells for $4.1M

Dadah Family Trust of Laguna Hills has purchased a 14-unit apartment property in San Diego’s Golden Hill neighborhood for $4.1 million, according to brokerage firm Apartment Realty Group Inc. (ARG).

Realty Income Begins $385.8 Million Stock Offering

Realty Income Corp. has commenced an offering of common stock expected to raise approximately $385.8 million in gross proceeds, the San Diego-based company announced.

Tease photo

Bankers Hill Senior Apartments Reopen After Extensive Renovation

Developers have reopened the 150-unit Westminster Manor in Bankers Hill, following a $55.2 million acquisition and renovation of the senior affordable apartment property, according to the San Diego Housing Commission.

Tease photo

Fireplace Manufacturer Buys Miramar Industrial Building for $2.17 Million

An affiliate of San Juan Capistrano-based Capo Fireside, a custom fireplace manufacturer, has purchased a Miramar industrial building for $2.17 million, according to brokerage firm Colliers International Group Inc.

Tease photo

City Heights Apartment Property Sells for $3 Million

Xavier Family Trust of Del Mar has purchased a 24-unit apartment property in San Diego’s City Heights neighborhood for approximately $3 million, according to brokerage firm South Coast Commercial Inc.

Tease photo

Sorrento Valley Office Park Sold for $26 Million

Newport Beach-based Webb Management & Investments has acquired a four-building office property in Sorrento Valley for approximately $26 million, according to CoStar Group and real estate services firm Holliday Fenoglio Fowler LP (HFF).

Tease photo

Golden Hill Apartment Property Sells for $7.57 Million

An affiliate of Lake Forest-based Allen Properties has acquired an 18-unit apartment property in San Diego’s Golden Hill neighborhood for approximately $7.57 million, according to CoStar Group and public data.

Tease photo

San Marcos Nursing Facility Sold for $8 Million

An affiliate of Los Angeles-based The ARBA Group has purchased Village Square Nursing Center in San Marcos for $8 million, according to CoStar Group and public data.

Partnership Pays $31M for Mission Valley Residential Land

A venture that includes affiliates of New York- based JEN Partners LLC and Costa Mesa’s Armada Real Estate Group LLC has acquired 8.78 acres of residential land in Mission Valley for $31 million, according to CoStar Group and public data.