San Diego Business Journal


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

Port, Coastal Commission Clash Over Portside Pier Project

PROPERTY: Port Claims Development Is Non-AppealableSan Diego and California coastal officials are seeking to resolve a jurisdictional dispute that could delay the long-discussed redevelopment of the downtown waterfront site that was home to the recently closed Anthony’s Fish Grotto.

By Lou Hirsh February 16, 2017 2:42 p.m.   $$ Share
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Investor Group Unveils Vision for Qualcomm Stadium Site

An investor group has unveiled details of its plan to turn the Qualcomm Stadium site into housing, commercial space and park space.

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Kearny Mesa Office Building Sells for $5.87 Million

San Diego-headquartered Castle Investment Co. Inc. has acquired a Kearny Mesa office building for $5.87 million, according to CoStar Group and public data.

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Little Italy Multifamily Tower Planned After $15.2M Property Buys

An affiliate of San Diego-based AAA Management LLC has acquired two land parcels in downtown’s Little Italy for a total of $15.2 million, according to CoStar Group and public data.

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Renovate America Relocating Rancho Bernardo Headquarters

San Diego-based Renovate America Inc. has leased 160,000 square feet at Rancho Vista Corporate Center in Rancho Bernardo, where it plans to relocate its headquarters in September of this year, according to brokerage firm CBRE Group Inc.

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Closings Show Whole Foods Not Immune to Competitive Realities

Shoppers in Encinitas are about to witness something that has rarely been seen during the past 36 years: the closing of a Whole Foods Market.

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Pop-Up Stores Bring Lively Vibe to Mall Mix

RETAIL: Active Atmosphere Boosts Traffic, Helps Tenants

Pop-up stores may be short-term players in the retail space but they are providing long-term opportunities for malls and shopping centers.

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Accounting Firm LevitZacks Relocating Downtown Headquarters

Locally based accounting firm LevitZacks plans to relocate its downtown headquarters to new offices at 450 B St. in downtown San Diego,according to brokerage firm JLL.

San Diego Among Top 20 U.S. Markets for Construction Starts

San Diego County ranks at No. 20 among the nation’s 20 largest markets for the value of commercial and multifamily construction starts during 2016, according to a new report by research firm Dodge Data & Analytics.

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Brokerage Firm NGKF Relocating to One La Jolla Center

Commercial brokerage firm Newmark Grubb Knight Frank (NGKF) is relocating its San Diego operations to Irvine Company’s One La Jolla Center office tower in University Towne Center.

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Santee Retail-Office Property Sells for $3 Million

Narwhal Holdings LLC of San Diego has acquired a Santee retail and office property for approximately $3 million, according to brokerage firm Retail Insite.

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San Marcos Senior Housing Communities Sold for $44.25 Million

Charleston, S.C.-based Greystar has acquired two senior housing communities in San Marcos for a total of $44.25 million, according to brokerage firm Berkadia.

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Atlas Report: Local Hotel Property Deal Volume Down 67.8 Percent in 2016

San Diego County saw hotel property sales volume in 2016 decline 67.8 percent from the prior year, to $473.1 million, as the number of completed deals dropped from 30 to 21, according to the latest annual California data from Atlas Hospitality Group.

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Westcore Properties Buys Salt Lake City Industrial Building for $7.15M

San Diego-headquartered Westcore Properties has acquired a Salt Lake City industrial property for approximately $7.15 million, marking the company’s entry into the Utah city’s marketplace.

S.D. Life Science Leasing Footprint Increases 1.1 million Square Feet

The leasing footprint of San Diego life sciences companies grew by nearly 1.1 million net square feet in 2016, according to a year-end report from brokerage firm JLL.