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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Carlsbad Industrial Building Sells for $13.75 Million

An entity recorded as DCT Rutherford LLC has purchased a Carlsbad industrial building for $13.75 million, according to CoStar Group and public data.

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Scripps Ranch R&D Property Sold for $3.7 Million

An entity listed as 9885 Carroll Canyon LLC has purchased a Scripps Ranch office and industrial building for $3.7 million, according to brokerage company Cushman & Wakefield Inc., which represented the seller.

Buyers Brought Their Own Tastes to Table Crafting Luxury Lots

Michael Gregory Builders hit on a winning formula for buyers of high-end real estate when they opened up shop in Rancho Santa Fe Farms in 2012.

Pacific Building Group Sees an ‘Actual Change’ Beginning to Take Shape

Pacific Building Group of San Diego is hiring workers and getting ready for what Chief Executive Officer Greg Rogers sees as a dramatic improvement in the construction market.

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Balfour Beatty Sees Work ‘In a Multitude of Markets’

School construction and other public projects helped Balfour Beatty Construction come through the recession, and the company is “pretty busy” coming out of it, said Brian Cahill, president of Southwest operations.

Retail and Hospitality Projects Are Keeping Lusardi Busy

A strong balance sheet and demand for hotel and school construction helped Lusardi Construction Co. of San Marcos weather the recession, said Chris Hess, company vice president.

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Building Momentum

Some Construction Firms Face Challenge of Rebuilding Workforce to Meet New Demand

San Diego’s construction industry is starting to show signs of a slow recovery after a downturn during the recession that hit some segments especially hard while causing a less severe setback to others.

Council Committee Vote Shows Split on the Linkage Fee Issue

San Diego City Council before year’s end will be revisiting the touchy subject of how to finance affordable workforce housing through fees imposed on new commercial development projects.

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HP Investors Joins Makers Quarter Project in East Village

San Diego-based HP Investors LLC has joined the group of developers planning the mixed-use Makers Quarter project in East Village, buying out the interest of Portman Holdings for an undisclosed price.

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Speculative Projects Are Heading North

BUILDING: The Improving Economy Spurs Industrial Growth

It’s not the start of any expected boom, but three North County cities are now witnessing what has been a nearly nonexistent sight in the region for the past six years: speculative construction of industrial projects.

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Council to Discuss Compromise on Linkage Fee Hikes

San Diego City Councilmember Myrtle Cole has proposed a new compromise measure addressing the controversial issue of raising linkage fees paid by developers of commercial projects to support the construction of affordable workforce housing.

Mixed-Use Residential Project Planned for East Village

Alliance Realty Partners LLC has proposed a new mixed-use residential project with 269 dwelling units in downtown San Diego’s East Village neighborhood.

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San Diego Boosts Online Access to City Project, Contracting Data

The City of San Diego has overhauled processes for accessing information from its development services and purchasing and contracting department, providing for more online access.

RQ Construction Awarded $36 Million in Navy Projects

RQ Construction LLC of Carlsbad was recently awarded a contract and a task order, with values totaling more than $36 million, for work being done for the U.S. Navy, according to the U.S. Defense Department.

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County Contracts for Future Construction Up 35 Percent Through August

Contracts for future construction in San Diego County rose 35 percent from a year ago in the first eight months of 2014, with a value topping $3.1 billion, according to the latest data from McGraw Hill Construction.