SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
This home is on the National Register of Historic Places as the John Ginty House.
PROPERTY: SoCal Rental, Occupancy to Climb; Industrial Increases
Demand for commercial real estate space — including development, leasing and investing — is expected to stay on the increase in San Diego and most other California markets through 2017, spurred by factors including continued job growth.
San Diego-based Excel Trust Inc. saw total revenue rise 14 percent from a year ago, reaching $30.6 million in its second quarter ending June 30.
The Corky McMillin Cos. of San Diego recently purchased a property in Little Italy for $5.3 million, with plans to develop a new upscale 100-unit apartment project.
Diverse Culinary Ventures LLC has signed a 10-year lease for approximately $1.5 million, for a planned new Hacienda de Vega restaurant in Carlsbad, according to brokerage company CDC Commercial Inc.
The California Coastal Commission has decided to appeal a recent federal court ruling that allowed for the Navy Broadway Complex development to proceed, meaning further delays for the long-stalled $1.2 billion downtown San Diego project.
Focus Real Estate LP of Costa Mesa has purchased the Southrail Business Park industrial complex in Chula Vista for $11.2 million, according to the seller, Westcore Properties of San Diego.
San Diego-based investment firm BBL Commercial Real Estate and Westbrook Partners of New York City have purchased the Fifth Avenue Financial Center in Bankers Hill, better known locally as “The Mister A’s Building,” BBL officials announced.
Private equity firm Pathfinder Partners LLC and developer Lanshire Housing Partners LLC, both of San Diego, have broken ground on Bahia Vista Townhomes, a $5.6 million multifamily project in Chula Vista’s Marina District.
San Diego County contracts for future construction rose 50 percent from a year ago in the first six months of 2014, with residential and nonresidential projects topping $2.63 billion, according to the latest data from McGraw Hill Construction.
Reese Anthony Jarrett was named the head of Civic San Diego, the city’s nonprofit for public-private development projects and programs, by Mayor Kevin Faulconer.
Denali California Faraday Industrial LLC, an entity of Dallas-based Lincoln Property Co., has purchased the Carlsbad building housing the corporate headquarters of SKLZ for $21 million.
Viewpoint Equities Inc. of San Diego has purchased a 51-unit apartment building in Escondido for approximately $7.9 million, according to CoStar Group and public data.
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.