San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Carlsbad Research Campus Sells for $15.3 Million

El Segundo-based Alvarez & Marsal Capital Real Estate has purchased the three-building Research Center Plaza property in Carlsbad for $15.3 million, according to the seller, Lincoln Property Co. of Dallas.

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Santee Apartment Community Sells for $56.6 Million

San Diego-based R&V Management Corp. has purchased a 172-unit apartment community in Santee for $56.6 million, according to brokerage firm CBRE Group Inc.

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Chula Vista Apartment Property Sold for $45.5 Million

MG Properties of San Diego has acquired a 183-unit apartment property in Chula Vista for $45.5 million, according to brokerage firm Berkadia.

Spanos Meets with County, City to Discuss Chargers’ Location Issues

Mulling the team’s location options after the 2016 season, San Diego Chargers Chairman Dean Spanos recently met with Mayor Kevin Faulconer, county Supervisor Ron Roberts and San Diego State University President Elliot Hirschman.

Judge Rejects Realtor Groups' Motion to Dismiss Part of Lawsuit

A federal judge has denied a motion by two San Diego-based real estate trade associations to dismiss a portion of an antitrust lawsuit filed against them by a third local real estate group.

Construction Software Co. Raises $5 Million in Series A Round

San Diego startup eSUB Construction Software has raised $5 million in a Series A financing from Washington, D.C.-based firm Revolution Ventures, the company announced this week.

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Student Housing Property in San Diego Sold for $82.7 Million

An affiliate of Chicago-based Heitman LLC has purchased a 321-unit student-housing property in San Diego’s College Area for $82.7 million, according to CoStar Group and public data.

National City Office-Warehouse Property Sold for $3.35 Million

Analog Properties LLC of San Diego has acquired a National City office and warehouse property for $3.35 million, according to brokerage firm Colliers International Group Inc.

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Downtown Successfully Recruits UC San Diego

DEVELOPMENT: Center to Give Area Key Academic Tie

Plans by the University of California, San Diego for a new cultural and education center in downtown’s East Village were warmly greeted by urban designers, architects, civic advocates and others who had fretted earlier this year about the future of the fast-growing neighborhood, recently eyed for a new football stadium with convention facilities.

San Diego Among Nation’s Highest-Growth Markets for Single-Family Rentals

San Diego is among the nation’s highest-growth markets for single-family rentals, according to HomeUnion, an online real estate investment management firm that on Tuesday released a list of the U.S. rental markets with the highest year-over-year growth.

California Cancer Associates Leases Space in San Marcos

San Diego-based oncology and hematology practice California Cancer Associates for Research and Excellence, or cCARE, has signed a lease for 20,230 square feet at the Nordahl Medical Centre in San Marcos.

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Los Angeles Firm Buys Downtown’s Emerald Plaza for $91.7 Million

Kearny Real Estate Co. of Los Angeles has purchased downtown San Diego’s Emerald Plaza office tower for approximately $91.7 million, the company announced.

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Rexford Buys Miramar Industrial Building for $15.5 Million

Los Angeles-based Rexford Industrial Realty Inc. has purchased a Miramar industrial building for $15.5 million, the company announced.

San Diego's Median Home Price Now $557,000

The median price for an existing single-family home in San Diego fell by 3.4 percent from October to November, to $557,000.

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San Diego Restaurant Buildings Sell for $5 Million

Two leased restaurant buildings at a retail center in southern San Diego were purchased for a total of approximately $5 million, according to brokerage firm Marcus & Millichap.