Industrious, a big coworking company that recently raised $80 million, plans to open its first two San Diego locations.
Graymark Capital Inc. bought the 92,477 square-foot building at 10455 Pacific Center Court from an undisclosed seller for $16.5 million. The building is 45 percent occupied.
PROPERTY: Housing Commission Estimates Room for 5,500
Granny flats are being looked at by the San Diego Housing Commission as one way to help ease the region’s housing crisis.
Quonset Project tenants include Campfire Restaurant and Carruth Cellars.
According to a news release, the previous 100,000 square foot casino and restaurant space will now be 143,000 square feet.
OFFICE: Blue Bottle, Mendocino Farms Will Move In
With $55 million of redevelopment work still under way, the 25-story downtown San Diego office building that’s been renamed Tower 180 has signed up two tenants for some of the retail space.
Calavo Growers is leasing part of the building.
HOUSING: Owner Repositions Property As Condominiums
Harkening back to the heady pre-recession days of the housing boom, a San Diego developer has converted a Bankers Hill apartment complex into condominiums that are selling at a price well below newer projects in the neighborhood.
OFFICE: Monthly Rents Expected to Rise 3% to 4% By Year’s End
Demand for office space is getting ever more intense, according to a report from the commercial brokerage firm Colliers International.