San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

Homebuilder Launching Three Local Projects in 2017-18

Homebuilder California West plans to begin work in 2017 and 2018 on three new San Diego County single-family residential communities, the Carlsbad-based company recently announced.

By Lou Hirsh May 10, 2017 1:17 p.m. share »
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Report: SoccerCity Could Generate $1.4B for Roads, Schools

The SoccerCity mixed-use development proposed for Mission Valley could provide $1.4 billion in tax-value-based bonding capacity to build local schools and roads, according to a follow-up study by the San Diego Regional Economic Development Corp. and consulting firm AECOM.

By Lou Hirsh May 10, 2017 11:36 a.m. share »

Five Key Trends Driving Multifamily Real Estate in 2017

A full quarter of official multifamily data is now in for San Diego County. And it’s clear who’s most enjoying the region’s continuing apartment property fundamentals (landlords) and who isn’t having as much fun (renters).

By Lou Hirsh May 9, 2017 2:29 p.m. share »
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Renovations Planned After $8.9M Kearny Mesa Industrial Purchase

BLT Enterprises of Santa Monica plans extensive renovations, following its $8.9 million purchase of a Kearny Mesa industrial building.

By Lou Hirsh May 8, 2017 2:35 p.m. share »
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Solana Beach Retail Center Sells for $33.25 Million

Chicago-based GEM OPS LLC has acquired the eight-building Beachwalk retail center in Solana Beach for $33.25 million, according to CoStar Group and public data.

By Lou Hirsh May 5, 2017 1:57 p.m. share »
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S.D. Apartment Portfolio Sells for $8.65 Million

Real Asymmetry Fifty Nine LLC of San Diego has acquired a portfolio of seven apartment properties, totaling 59 units in the Mid-City area, for a total of $8.65 million, according to brokerage firm ACRE Investment Real Estate Services.

By Lou Hirsh May 5, 2017 1:34 p.m. share »

Herman Construction President Is a Runner-Up in SBA's Small Business Person of the Year Award

Escondido-based Herman Construction Group Inc. President Lars C. Herman was recently recognized by the U.S. Small Business Administration as one of three runners-up for its 2017 Small Business Person of the Year award.

By Sarah de Crescenzo May 5, 2017 11:25 a.m. share »
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Rancho Del Rey Is Perfect Place for Luxury in a Family Setting

Up a lovely tree-lined boulevard in Chula Vista on the eastern side of Interstate 805 is the upscale gated community of Rancho Del Rey Estates. One of two gated communities in the larger Rancho Del Rey area, the development sits high on a ridge with sweeping views of the surrounding mountains, city lights and the ocean.

By Stephanie Glidden May 4, 2017 2:31 p.m. share »
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A Work of Art Changes Hands

The person who painted the exterior walls on an otherwise nondescript Old Town apartment complex off Interstate 5 had artistic ambitions for the project — Michelangelo-sized, to be exact.

By Lou Hirsh May 4, 2017 2:06 p.m. share »

Barbacoa, Brews And Bridal Accessories…

In University Towne Center, diners by the end of May should be seeing the opening of the long-awaited Red O, an upscale Mexican-style restaurant taking the space long occupied by Donovan’s before its move last year to the Village of La Jolla.

By Lou Hirsh May 4, 2017 2:03 p.m. share »
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Several Education Projects Are in the Works

The University of California, San Diego plans a $7.3 million renovation of the Tuolumne Apartments, a nine-building complex built in 1975 at Muir College on the La Jolla campus. According to general contractor BNBuilders, the work will be completed this summer and includes fire and safety-related upgrades.

By Lou Hirsh May 4, 2017 2:02 p.m. share »

Political Changes Begin to Play Out in Real Estate

Assessing President Donald Trump’s impact on commercial real estate in his first 100 days, a recently released nationwide report by brokerage firm Cushman & Wakefield offers a mix of potential good news and bad news.

By Lou Hirsh May 4, 2017 2 p.m. share »

These Three Trends Are Ruling Retail Real Estate So Far in 2017

Project and tenant announcements of the past few weeks, combined with first-quarter data, reveal some prominent patterns driving San Diego County’s retail space climate so far this year.

By Lou Hirsh May 4, 2017 1:58 p.m. share »
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La Mesa Apartment Property Sold for $3.2 Million

San Diego-based Real Asymmetry Parkway LLC has acquired a 16-unit La Mesa apartment property for $3.2 million, according to brokerage firm ACRE Investment Real Estate Services.

By Lou Hirsh May 4, 2017 1:56 p.m. share »
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Evangelist Cerullo Set to Unveil Details on Mission Valley Training Center

What does prominent evangelist Morris Cerullo have in store for a site that currently houses a hotel off Interstate 8 in Mission Valley?

By Lou Hirsh May 4, 2017 1:49 p.m. share »