SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
Not much has happened at the site of the former Robinsons-May building since it was torn down more than a year ago to make way for a new downtown public square park at Horton Plaza.
PROPERTY: Varied Office, Industrial Markets Give Tenants Options
Trends like the comeback of San Diego’s downtown urban core, along with rising space demand fueled by the booming craft beer industry, contributed to continuing improvement in the region’s office and industrial real estate markets in the first half of 2014.
For this column, my goal was to get a true picture of the current market for high-end real estate downtown and to find out what it’s like to live in a thriving metropolis. The best way to do this is to talk to a real estate agent who has lived and worked in downtown for some time.
Bristol-Myers Squibb has signed a 10-year lease with San Diego-based BioMed Realty Trust Inc. for about 61,000 square feet of additional laboratory and office space at BioMed’s Woodside Technology Park, a life science industry campus in Redwood City.
Escondido-based Realty Income Corp. saw revenue rise 22.6 percent from a year ago in its second quarter ending June 30, reaching $228.6 million.
M&L Financial Co. XXXI of Newhall has purchased the 151-unit Golden Paradise senior apartment building in National City for $9.8 million, according to CoStar Group and public data.
B3 Black Mountain LLC of San Diego has acquired a Rancho Penasquitos retail building housing a Rite Aid drugstore for approximately $7.1 million, according to CoStar Group and public data.
Propco LP of Solana Beach has purchased a 70,713-square foot industrial park in El Cajon for approximately $5.7 million, according to brokerage company Cassidy Turley.
The local brewer signed a $1.28 million, 10-year lease for an industrial building to expand capacity.
The charging stations provide 12 to 25 miles of charge per hour.
The service, called E-asy Account, uses real-time consumer data to help clients set realistic financial goals.
A San Diego City Council committee has voted to postpone action on a proposed compromise plan regarding commercial development linkage fees.
Dempsey Construction Inc. of Carlsbad recently completed a new $1.2 million education pavilion at Lux Art Institute in Encinitas.
ENGINEERING: Access To Work And Workers a Key Driver in Co.’s Strategy
The increasingly overlapping worlds of energy, transportation and the environment figure into the business expansion plans of San Diego-based Kleinfelder Inc., and they were also a factor in the recent move of its headquarters to downtown San Diego.
PROPERTY: All Sides See Need For Affordable Housing Solutions
Affordable-housing advocates and the business community have worked out a compromise Version 2.0 of a controversial plan to boost so-called linkage fees geared toward commercial development projects in the city of San Diego.