San Diego Business Journal

SD REAL ESTATE

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

Paving The Way

Border Region Puts Transportation Infrastructure In Place to Support Free-Flowing Trade, Business and CommutesGovernment leaders from both sides of the border recently marked what they said were major milestones impacting the long term-economic viability of the region where Otay Mesa meets Mexico’s Baja California.

By Lou Hirsh April 28, 2016 1:35 p.m.   $$ Share

Gas Station with Retail Planned after $3 Million Land Buy in Vista

J&T Business Management of Corona has purchased a 4.6-acre land parcel in Vista for approximately $3 million, with plans to build and operate a nationally branded gas station with additional retail, according to brokerage firm Lee & Associates.

Tease photo

San Diego Apartment Property Sold for $3.6M

Fenway Properties I LLC of San Diego has purchased a 20-unit apartment property in the city’s Normal Heights neighborhood for $3.6 million, according to brokerage firm Marcus & Millichap.

Industrial Property Sells for $3.5 Million

A buyer recorded as TP Otay Mesa LLC has acquired a two-parcel industrial site in Otay Mesa for $3.5 million, according to brokerage firm Lee & Associates.

ROIC Posts Increase in Revenue for First Quarter

Total first-quarter revenue at Retail Opportunity Investments Corp. (ROIC) rose 6.3 percent over the year-ago period, topping $42.6 million, the San Diego-based company reported.

San Diego Region Construction Jobs Increase 6 Percent

The San Diego region gained 4,000 construction jobs from March 2015 to March 2016, according to an analysis of federal employment data by the Associated General Contractors of America.

Tease photo

Home of the month: Island of Luxury

Tucked away in La Jolla Farms down a curving, cobblestone drive is an exclusive, gated estate with a sleek, fresh approach to architecture. The manicured grounds of emerald-green lawns and layered foliage include a lake with its own island. Privacy, relaxation and fun beckons at every turn. Every imaginable luxury is here, including the coveted key to Black’s Beach gate.

Tease photo

Tide Turns in I.B.

DEVELOPMENT: Area’s Coastal Assets Effectively Used In Redevelopment

People with memories of Imperial Beach who have not seen the place in 10 or 20 years may be in for a surprise.

Revenue Rises at American Assets Trust

American Assets Trust Inc. saw total revenue rise 7.1 percent from a year ago in its first quarter ending March 31, reaching $70.7 million, the San Diego-based real estate investment trust reported.

First Quarter Revenue, Net Income Rise at Realty Income Corp.

Realty Income Corp. posted an 8.2 percent increase in first-quarter revenue compared with the same period of 2015, topping $267.1 million, as net income available to common stockholders rose 4.9 percent, to $63.5 million.

Tease photo

Bankers Hill Church Building Sells for $2.7 Million

A local buyer listed as Park6 Ventures LLC has acquired a church building in San Diego’s Bankers Hill neighborhood for $2.7 million, according to brokerage firm Lee & Associates.

San Diego Home Prices Up 6.4 percent

Home prices in San Diego rose 6.4 percent during the year ending in February, according to a housing market index, as price increases nationwide began to slow.

Tease photo

San Diego Apartment Complex Sold for $2.25 Million

Immobilier Fund LLC of Rancho Santa Fe has purchased a 15-unit apartment complex in San Diego’s Talmadge neighborhood for $2.25 million, according to brokerage firm Apartment Consultants Inc. (ACI).

DPR Construction Finishes $1.3 Million Balboa Park Girl Scouts Lodge

DPR Construction, a national general contractor with a San Diego office, recently completed a $1.3 million Girl Scouts Lodge at Girl Scouts San Diego’s campus in Balboa Park.

Tease photo

Escondido Apartment Property Sells for $16.7 Million

An affiliate of San Francisco-based Vista International has purchased a 100-unit Escondido apartment building for approximately $16.7 million, according to CoStar Group and public data.