San Diego Business Journal

SD REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Realty Income Corp. Raises Common Stock Monthly Dividend

San Diego-based Realty Income Corp. announced that it has increased its common stock monthly cash dividend for the 88th time since the company went public in 1994.

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Modern Elements Highlight Historic Charms in Hillcrest Beauty

It was quite an unexpected surprise for me while researching this week’s column on Hillcrest to find a home built in 1913 by one of San Diego’s earliest and most noteworthy families.

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S.D. County Construction Sector Adds 1,100 Jobs in July

BUILDING: Total Building Valuations $2.36B for Seven Months

While unemployment in San Diego has risen slightly since May, the construction sector is bucking the trend.

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Developers Seek Exemption for High-Rise Housing in Hillcrest

PROPERTY: Update To Community Plan Brings Clash of Interests

San Diego city planners by year’s end are aiming to resolve long-disputed issues relating to the future of commercial and residential development in the popular Hillcrest neighborhood.

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Work Beginning on New Carté Hotel in Downtown San Diego

A Sept. 9 ground-breaking is planned for Carté Hotel & Suites San Diego, a new 240-room downtown hotel being built at a cost of approximately $62 million.

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Supporters of Stadium Measures Face Big Challenge: Voters

Two November ballot proposals that would hike San Diego’s city hotel taxes — potentially to build different combinations of stadium and convention center projects — now go by simple names: Measure C and Measure D.

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San Diego Office Building Sold for $6.4 Million

Investor Charlie Jadallah of San Francisco has purchased an office property in San Diego’s Rose Canyon submarket for $6.4 million, according to brokerage firm Marcus & Millichap.

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Self-Storage Facility in Spring Valley Sold for $9 Million

San Diego investor Dan Floit has acquired a 500-unit self-storage property in Spring Valley for $9 million, according to brokerage firm Apartment Consultants Inc., also known as ACI.

Chula Vista Bank Building Sells for $2.4 Million

A Chinese buyer operating with a California limited liability company has acquired a Chula Vista building housing a California Bank & Trust branch for approximately $2.4 million, according to brokerage firm Pacific Coast Commercial.

Pinnegar Named CEO, President of the National Apartment Association

Robert “Bob” Pinnegar, former executive director of the San Diego County Apartment Association, has been tapped to become the next president and CEO of the National Apartment Association.

Tourism Authority, Hotel-Motel Association Oppose Measures C, D

The San Diego Tourism Authority and the San Diego County Hotel-Motel Association have issued a joint statement opposing both November ballot measures that call for hikes in the city’s hotel taxes.

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Gas Station Property Sells for $2 Million

ASAP Investments of Escondido has purchased a retail gas station property formerly occupied by Valero for $2 million, according to brokerage firm Lee & Associates.

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North Park Residential, Office Buildings Sold for $2.1 Million

A San Diego buyer recorded as Gooville LLC has acquired a mixed-use office and residential property in North Park for $2.1 million, according to brokerage firm Colliers International Group Inc.

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Chula Vista Industrial Building Sells for $2.2 Million

AnaLou LLC of San Diego has acquired a Chula Vista industrial property for $2.2 million, according to brokerage firm Pacific Coast Commercial.

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Hillcrest Retail-Office Property Sold for $10 Million

Locally based San Diego Income Properties has purchased a retail and office property in Hillcrest for $10 million, according to brokerage firm Marcus & Millichap.