SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
The median price for single family houses sold in San Diego last month rose 5 percent from May to $525,000, while the median price for condos sold here last month was unchanged at $334,500, according to the Greater San Diego Association of Realtors.
Eco Building Products Inc., a Vista maker of treated wood products that protect against fire and mold, said it entered into a letter of intent to establish a joint venture with Steelhead Structures, based in Canada.
Property was 93 percent occupied when it was sold.
Move comes after one year of being a public company.
San Diego-based Westcore Properties has sold a nine-building industrial portfolio, which includes five in San Diego, for $88.5 million. The buyer was Rexford Industrial Realty Inc. of Los Angeles, according to statements from the buyer and seller.
Escondido-based Realty Income Corp. has purchased a two-building community shopping center in El Cajon for approximately $20.1 million, according to CoStar Group and public data.
A new drive-through Starbucks Coffee location is set to open in September at Southport Commercial Center in National City, as part of a renovation being completed by the property’s owner, H.G. Fenton Co.
Shore Drive is one block west of Carlsbad Boulevard in a quiet neighborhood with no public beach access.
Some nationwide retail developers have apparently decided that there’s room at the U.S.-Mexico border for more than just bargain-hunters at San Ysidro outlet malls.
Two new restaurants and a natural foods grocer have been signed to occupy the ground floor of Ariel Suites, a recently completed 22-story luxury apartment tower at Beech Street and Kettner Boulevard in Little Italy.
Electra Bicycle Co., a division of Trek Bicycle Corp., has signed a lease for space in Encinitas where it is relocating its global headquarters, according to brokerage company Lee & Associates.
Scripps Health announced the opening of the Leichtag Foundation Critical Care Pavilion, which includes a new emergency department and inpatient rooms at Scripps Memorial Hospital Encinitas.
LGGS Sorrento LLC, a unit of Foster City-based Legacy Partners Commercial Acquisitions, has purchased a four-building industrial portfolio in Sorrento Mesa for approximately $18 million, according to CoStar Group and public data.
Renovation Realty, a San Diego residential contractor and full-service real estate firm, said it launched a new service it calls Sell Your Home Quick aimed at homeowners who need to sell their homes quickly for cash.
San Diego-based investment firm Parallel Capital Partners is nearing completion on $12 million in renovations to its local portfolio of 26 office, laboratory and research-and-development properties.