San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Comings and Goings in Retail, Restaurants

San Diego County is apparently gaining a new location of Cost Plus World Market, but also losing one. The store at 372 Fourth Ave., in downtown San Diego, is set to be closed on June 24 by the Oakland-based seller of home goods and gourmet foods.

By Lou Hirsh June 8, 2017 2:19 p.m. share »
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Spec Building to Test Market, Makers Quarter

The first “work” element at downtown San Diego’s mixed-use Makers Quarter — a six-story, $23 million office building known as Block D — recently saw its long-awaited ground-breaking, two years after it was announced as the next component in the five-block, live-work-play community.

By Lou Hirsh June 8, 2017 12:53 p.m. share »
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Boston Firm Buys Otay Mesa Industrial Property for $19.3 Million

An affiliate of Boston-based STAG Industrial Inc. has acquired an Otay Mesa industrial building for $19.3 million, according to CoStar Group and broker Holliday Fenoglio Fowler LP (HFF).

By Lou Hirsh June 7, 2017 3:10 p.m. share »
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South Park Apartment Property Sells for $4.38 Million

Blue Lake Apartments LLC of San Diego has purchased a 19-unit apartment community in the city’s South Park neighborhood for $4.38 million, according to brokerage firm South Coast Commercial Inc.

By Lou Hirsh June 7, 2017 10:58 a.m. share »
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Carlsbad Office Property Sold for $8.55 Million

San Francisco Bay area investor Stephen Rogers has purchased a Carlsbad office and medical building for $8.55 million, according to brokerage firm Cushman & Wakefield.

By Lou Hirsh June 6, 2017 12:57 p.m. share »
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Escondido Apartment Complex Sells for $11.8 Million

Waltz Family Trust of San Diego has acquired a 78-unit apartment complex in Escondido for approximately $11.8 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh June 6, 2017 12:52 p.m. share »

Mayor Plans to Veto City Council Rejection of Special-Election Funding

Mayor Kevin Faulconer plans to veto the San Diego City Council’s 8-1 move to reject funding for a November special election, aimed at deciding the fate of the proposed SoccerCity mixed-use development and a hotel tax hike to support expansion of the city’s convention center.

By Lou Hirsh June 6, 2017 10:44 a.m. share »
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Hughes Marino Expanding Services to Seattle Office

San Diego-based commercial real estate services provider Hughes Marino Inc. is opening a new office in downtown Seattle.

By Lou Hirsh June 5, 2017 3:10 p.m. share »

Coldwell Banker West Acquires Better Homes and Gardens Real Estate

Coldwell Banker West, one of the largest real estate companies in San Diego County, has announced the acquisition of Better Homes and Gardens Real Estate McMillin Realty in San Diego.

By Tarcy Connors June 2, 2017 1:06 p.m. share »
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El Cajon Multifamily Property Sold for $14.1 Million

Johnson Trust of San Diego has acquired a 68-unit apartment complex in El Cajon for $14.1 million, according to brokerage firm Apartment Consultants Inc. (ACI).

By Lou Hirsh June 2, 2017 10:19 a.m. share »
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Old Poway Village Commercial Property Sells for $6.9 Million

The Heritage Group of San Diego has acquired the Old Poway Village retail and office property in Poway for $6.9 million, the company announced.

By Lou Hirsh June 1, 2017 3:28 p.m. share »

San Diego Sees 8 Percent Year-Over-Year Growth in Construction Jobs

The number of construction jobs in San Diego topped 80,000 at April’s end, rising to 80,700 from 74,400 a year ago, according to a recent analysis of federal data by the Associated General Contractors of America.

By Sarah de Crescenzo June 1, 2017 3:23 p.m. share »
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Your Personal Touch Is All That’s Needed to Make a Perfect Place

Nearly two decades and a great recession later, the award-winning community of San Elijo Hills in San Marcos is all but built out. Fewer than 150 homes are left to build and the long-awaited completion of the town square in the village center appears to be underway.

June 1, 2017 2:24 p.m. share »

Trump’s Budget: What’s In It for Otay Mesa?

President Trump’s plan to build a 2,000-mile-long wall along the U.S.-Mexico border has hit a wall of its own in terms of funding support from Congress. But the president’s latest 2018 budget proposal does offer generous funding for another priority project impacting San Diego County.

By Lou Hirsh May 31, 2017 1:15 p.m. share »
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Santa Monica Firm Buys Carlsbad Industrial Property for $9 Million

Santa Monica-based BLT Enterprises has purchased a Carlsbad industrial building for $9 million, the real estate investment company announced.

By Lou Hirsh May 31, 2017 1:11 p.m. share »