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San Diego investor and developer Dan Floit has acquired a Carlsbad office building housing Bank of America for $7.2 million, according to brokerage company CBRE Group Inc.September 9, 2014 4 p.m. Share
Renowned San Diego architect Frederick Liebhardt’s final design cantilevers down a hillside overlooking the San Diego Yacht Club, Point Loma, the city of San Diego, and the San Diego-Coronado Bridge — it is the definition of timeless architecture.
If a local restaurateur’s plans come to fruition, the next big arrival at the ever-evolving Liberty Station, in San Diego’s Point Loma neighborhood, will be a 21,000-square-foot public market that will put dozens of artisans and food vendors under one roof at the former Naval Training Center.
PROPERTY: New Mixed-Use, Apartments Planned for Area
Two more projects were recently added to a growing list of developments in the works for San Diego’s already-busy Mission Valley neighborhood.
PROPERTY: Carlsbad Tries To Revitalize Small Spaces
The leader of Urban Place Consulting Group likens it to the urban-planning version of what the software industry calls beta testing.
Legacy Partners Commercial Inc. plans more than $6.5 million in renovations at Sorrento Canyon Technology Center in Sorrento Mesa, which it purchased earlier this year in a joint venture with an affiliate of Goldman Sachs.
San Diego-based Murphy Development Co. has purchased 30.9 acres of undeveloped land in the Scripps Ranch Business Park from Intel Corp., for an undisclosed price.
Escondido-based Realty Income Corp. is conducting a public offering of $250 million in senior unsecured notes, expected to close on Sept. 23.
Aranguren Family Trust of Palos Verdes Estates has purchased five medical office condominium units in Poway for $6 million, according to CoStar Group and public data.
Houston-based Lionstone Investments, on behalf of an institutional client, has acquired the nine-building San Diego Tech Center office park in Sorrento Mesa for an undisclosed price.
Heritage Group Partners of Newport Beach has acquired The Heritage Apartments, a 56-unit apartment building in El Cajon, for $8.2 million, according to CoStar Group and public data.
HELF Investments LP of San Diego has purchased Canyon Hills Marketplace, a retail center in Lake Elsinore, for $33.5 million, according to brokerage company CBRE Group Inc., which represented the buyer and seller.
San Diego-based Douglas Wilson Cos. has purchased 50 acres of land in Spring Valley for $5.7 million, with plans for development of residential and neighborhood-serving commercial components.
Leaders of Realty Income Corp. recently rang the closing bell of the New York Stock Exchange, marking the Escondido-based company’s 20th anniversary as a publicly traded company.
Emmes Realty Services recently completed a $10 million renovation of 1 Columbia Place, the 27-story downtown San Diego office tower that it purchased in 2012 for approximately $135 million.
PROPERTY: Residential Plans Are Coming to Life
Developers have submitted plans for a 19-story mixed-use project that would bring 320 apartment units to East Village, the latest of several developments planned or under construction in the recently bustling neighborhood of downtown San Diego.