SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
More than 90 percent of San Diego-area businesses believe the region’s housing has become too expensive, and most think more residences should be built, according to survey results released Wednesday.
San Diego County’s hotel property transaction volume declined 38 percent from a year ago in the first half of 2016, with the dollar volume down 65 percent, according to a recent mid-year report by brokerage and consulting firm Atlas Hospitality Group.
eSUB Construction Software, a San Diego software-as-a-service company that offers subcontractors a mobile platform for project management, recently announced it has hired a new CTO.
San Diego-based McMillin LLC and Untitled Hospitality plan to develop a new arts-themed, $20 million hotel called The Barracks Hotel, using historic buildings at Liberty Station in Point Loma.
Owner Rockpoint Group has begun a $6.6 million renovation of its Aventine office building at University Towne Center, following its 2015 purchase of the building at 8910 University Center Lane.
San Diego-based Badiee Development Inc. has purchased a 4.87-acre parcel in Escondido, with plans to build a new $13.5 million industrial park.
The U.S. Navy awarded A&D General Contracting Inc. a $9.7 million task order to build a combat service support facility at Marine Corps Base Camp Pendleton.
San Diego developer OliverMcMillan and team officials have apparently struck out in efforts to bring the Los Angeles Angels to the developer’s proposed Tustin Legacy project in Orange County, according to published reports.
The Southern California division of homebuilder Brookfield Residential has begun grading and land development work on Rancho Tesoro, a new $100 million master-planned community in San Marcos.
The San Diego office of general contractor BNBuilders has been awarded a $2.7 million contract for a renovation of San Diego County’s Hall of Justice, the downtown location of the state Superior Court.
The northeastern quadrant of downtown San Diego’s East Village — a.k.a. the I.D.E.A. District — continues to attract new projects and tenants aiming to make people forget that neighborhood’s long history as a faded hub for under-used warehouses and auto repair lots.
Hot Spots Heat Up Commercial Markets, But Caution Is in the Air Despite Fairly Solid Forecast
In their recent twice-yearly survey gauging California commercial real estate sentiment, researchers at UCLA Anderson Forecast and the law firm Allen Matkins found investors and developers generally bullish on their prospects through 2019 — even if some expressed a twinge of caution about a coming “topping out” in optimism related to the office and retail markets.
San Diego-based GLP Properties LP has purchased a medical office building in Mesa, Ariz., for $2.35 million, according to brokerage firm Lee & Associates.
Chicago-based JLL Income Property Trust, an institutionally managed real estate investment trust, announced that it has purchased a new 180-unit San Diego apartment community for approximately $90 million.
Investor Eileen Wang of San Diego, recorded as Prism Real Estate Investments LLC, has purchased an eight-unit apartment property in San Diego’s Talmadge neighborhood for approximately $2.09 million, according to brokerage firms Apartment Consultants Inc. (ACI) and ACRE Investment Real Estate Services.