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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Encinitas Building Housing GoPro Sells for $8 Million

Covey Cardiff Properties LLC of Glendale has purchased an office building in Encinitas, housing local operations of high-tech digital camera maker GoPro Inc., for approximately $8 million, according to CoStar Group and public data.

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Moss Adams Signs $9.47 Million Lease; Moving to UTC

The accounting firm is moving to La Jolla Commons Tower I.

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Suffolk Completes $13 Million Family Health Center

The opening of the 23,000-square-foot medical office building was celebrated with a public event.

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Escondido Industrial Properties Sold for $7.8 Million

Meridian Properties Real Estate Development of Carlsbad recently purchased two Escondido industrial buildings for approximately $7.8 million, according to CoStar Group and public data.

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Oceanside Medical Office Building Sold for $5.9 Million

Trollman Properties LLC of San Diego has purchased an Oceanside medical office building for $5.9 million, according to brokerage company Cushman & Wakefield Inc.

City Planning Director Fulton Is Joining the Exodus to Texas

As the city of San Diego gets busy updating the community plans for neighborhoods such as Mission Valley, it will also be searching for its next top planning official.

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San Pasqual Paradise

This custom home, perched on a hill in southeast Escondido, incorporates all the luxuries of modern living.

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County Meidan Housing Price Is $517,000 for July

San Diego’s median sales price for a single family house sold in July was $517,000, down 2 percent from June, but up 7 percent from July 2013, according to the Greater San Diego Association of Realtors.

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BioMed Realty Revenue, Net Income Rise in Second Quarter

BioMed Realty Trust Inc. saw total revenue rise 7 percent from a year ago in its second quarter ending June 30, reaching $171.2 million, the San Diego-based company reported.

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Revenue Dips Slightly, Net Income Rises at American Assets

San Diego-based American Assets Trust Inc. reported second-quarter revenue and net income figures similar to those of a year ago, with revenue totaling $62.2 million for the period ending June 30.

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La Mesa Retail Center Sold for $7.1 Million

Lake Murray Center LLC of La Jolla has purchased the Village Shopping Center in La Mesa for $7.1 million, according to CoStar Group and public data.

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ROIC Reports Second-Quarter Increases in Revenue, Net Income

San Diego-based Retail Opportunity Investments Corp. reported total revenue of $36.9 million in its second quarter ending June 30, an increase of 42 percent from the year-ago period.

Land Slated for Oceanside Apartments Sold for $25 Million

Locally based Presidio Cornerstone Master LLC has purchased a 28-acre land parcel in Oceanside for $25 million, with plans to develop a 338-unit luxury apartment community.

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El Cajon Apartment Buildings Sold for $12 Million

San Diego-based Conrad Prebys Trust has purchased a four-building apartment portfolio totaling 94 units in El Cajon for $12 million, according to brokerage firm Apartment Consultants Inc., which represented the buyer.

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Escondido Retail Center Sells for $10.3 Million

MDA Mission Ave One LLC of Rancho Santa Fe has purchased a three-building retail center in Escondido for $10.3 million, according to CoStar Group and public data.