San Diego Business Journal

SD REAL ESTATE

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

ColRich Begins Work on Bankers Hill Luxury Condo Project

San Diego-based developer ColRich recently broke ground on Vue on 5th, a new 45-unit luxury condominium community in the Bankers Hill neighborhood, near Balboa Park.

By SDBJ Staff July 17, 2014 4:05 p.m.   Share
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Workspace Trends Favor Flexibility, Collaboration Over Cubicles

PROPERTY: For Office Designers, Division Is Out as Shared Spaces Take Shape

If you’re wondering what the office of tomorrow looks like, two local office designers suggest looking at the trendsetters of today.

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Space Age

Offices of the Future Are Designed to Encourage Collaboration, Boost Job Satisfaction While Reducing Overhead

By creating office environments that place a greater emphasis on collaboration and having shared workspaces, many San Diego County businesses are striving to increase their productivity.

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Home of the month: Cortez Hill Victorian Redux

This home is on the National Register of Historic Places as the John Ginty House.

Commercial Market Seen as Solid Through 2017

PROPERTY: SoCal Rental, Occupancy to Climb; Industrial Increases

Demand for commercial real estate space — including development, leasing and investing — is expected to stay on the increase in San Diego and most other California markets through 2017, spurred by factors including continued job growth.

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Excel Trust Reports Revenue Increase for Second Quarter

San Diego-based Excel Trust Inc. saw total revenue rise 14 percent from a year ago, reaching $30.6 million in its second quarter ending June 30.

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McMillin Cos. Buys Land for Planned Little Italy Apartments

The Corky McMillin Cos. of San Diego recently purchased a property in Little Italy for $5.3 million, with plans to develop a new upscale 100-unit apartment project.

Hacienda de Vega Operators Plan New Restaurant in Carlsbad

Diverse Culinary Ventures LLC has signed a 10-year lease for approximately $1.5 million, for a planned new Hacienda de Vega restaurant in Carlsbad, according to brokerage company CDC Commercial Inc.

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Coastal Commission Appeals Federal Court Ruling on Navy Broadway Project

The California Coastal Commission has decided to appeal a recent federal court ruling that allowed for the Navy Broadway Complex development to proceed, meaning further delays for the long-stalled $1.2 billion downtown San Diego project.

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Chula Vista Industrial Park Sells for $11.2 Million

Focus Real Estate LP of Costa Mesa has purchased the Southrail Business Park industrial complex in Chula Vista for $11.2 million, according to the seller, Westcore Properties of San Diego.

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'Mister A’s Building’ at Bankers Hill Gets New Owners

San Diego-based investment firm BBL Commercial Real Estate and Westbrook Partners of New York City have purchased the Fifth Avenue Financial Center in Bankers Hill, better known locally as “The Mister A’s Building,” BBL officials announced.

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Local Developers Begin $5.6 Million Townhome Project in Chula Vista

Private equity firm Pathfinder Partners LLC and developer Lanshire Housing Partners LLC, both of San Diego, have broken ground on Bahia Vista Townhomes, a $5.6 million multifamily project in Chula Vista’s Marina District.

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Local Contracts for Planned Future Construction Increase 50% in First Half

San Diego County contracts for future construction rose 50 percent from a year ago in the first six months of 2014, with residential and nonresidential projects topping $2.63 billion, according to the latest data from McGraw Hill Construction.

Jarrett Picked to Lead Civic San Diego

Reese Anthony Jarrett was named the head of Civic San Diego, the city’s nonprofit for public-private development projects and programs, by Mayor Kevin Faulconer.

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Lincoln Property Buys SKLZ Headquarters Building for $21 Million

Denali California Faraday Industrial LLC, an entity of Dallas-based Lincoln Property Co., has purchased the Carlsbad building housing the corporate headquarters of SKLZ for $21 million.

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Escondido Apartments Sold for $7.9 Million

Viewpoint Equities Inc. of San Diego has purchased a 51-unit apartment building in Escondido for approximately $7.9 million, according to CoStar Group and public data.