SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
New Romax Inc. of El Monte has purchased the historic Britt-Scripps House, in San Diego’s Bankers Hill neighborhood, for $2.9 million, according to brokerage company Colliers International.
Lenrae LLC of La Mesa has purchased a 27-unit apartment building in that city for approximately $5.4 million, according to CoStar Group and public data.
The median price of a house sold in San Diego County in October was $440,000, down 1 percent from the median price paid in September, said Corelogic Dataquick.
Haskell, a national design, engineering and construction firm, announced it has acquired FreemanWhite, a Charlotte-based consulting and design practice focused exclusively on the health care sector. FreemanWhite has an office in San Diego.
Sunwest Management Co. of La Mesa has purchased the 94-unit One Park apartment community in Chula Vista for $22.56 million, according to CoStar Group and public data.
San Diego-based Cumming, which provides construction project management and cost consulting services, has expanded its international operations by opening a new office in Dubai.
A former Escondido commercial developer was sentenced to 10 years in prison on Nov. 10 for bilking about 150 investors, including many retired seniors, of $50 million, according to the U.S. Attorney’s Office in San Diego.
The median price for a single-family house in San Diego dipped 3 percent to $496,750 in October from the prior month, according to the Greater San Diego Association of Realtors.
Pier View LLC of Glendora has purchased three Oceanside retail buildings for $4.1 million, according to CoStar Group and public data.
Property Development Centers LLC, a division of Pleasanton-based Safeway Inc., recently held a soft opening for La Costa Town Square, a new Vons-anchored retail center in Carlsbad.
This residence at 4625 Calavo Drive on Mount Helix in La Mesa was built for Charles Wakefield Cadman in 1930, a famous American composer in Los Angeles. Cadman was considered one of the top Hollywood film composers at the time, and was considered an expert on American Indian music.
A Newport Beach entity recorded as Russell E. Fluter Separate Property Trust has purchased two Coronado retail properties for $4.25 million, according to CoStar Group and public data.
San Diego-based SENTRE Partners has purchased Escondido Gateway, a 26,000-square-foot office property in Escondido, for $3.7 million, marking the company’s third acquisition this year in North County.
DEVELOPMENT: Environmental Concerns Keep Sector Growing
The founder and president of Great Ecology says this past spring’s property-destroying wildfires in North County, like others in the San Diego region, served as a reminder of how nature and development are increasingly crossing paths, with potentially bad side effects.
A partnership that includes Encinitas-based developer The Robert Green Co. has secured La Quinta City Council approvals for a planned $360 million mixed-use resort in that Coachella Valley community.