San Diego Business Journal


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

Expansion Plans Run Into Space Limitations

PROPERTY: Retail Gathering Highlights Diverse Interests in Region

When it comes to U.S. retail expansion, discounts and caffeine rule. And there’s no longer a one-size-fits-all “box” — big or small, online or offline — when it comes to retailers and restaurant chains looking to expand at a time when good locations are tough to find, especially in places such as San Diego County.

Tease photo

Pro-Growth Plans

PROPERTY: Discount Retailers and Eateries Look to Add Locations

Seven years after the official end of the Great Recession, there’s still a distinct discount-minded focus among nationwide retail and restaurant chains looking to expand their footprint in the coming year.

Tease photo

Vista Industrial Park Sold for $7.5 Million

A Santa Barbara private investor recorded as La Mirada Drive LLC has acquired a three-building industrial business park in Vista for $7.5 million, according to brokerage firm Lee & Associates.

Tease photo

Industrial Property in Oceanside Sells for $3.5 Million

Coastal Investment 2 LLC of Santa Barbara has purchased an Oceanside industrial building for $3.5 million, according to brokerage firm Lee & Associates.

Local Construction Starts Down 23 Percent in First 4 Months of 2016

The value of San Diego County’s construction starts declined 23 percent from the year-ago period in the first four months of 2016, totaling just over $831.8 million, according to the latest monthly figures from Dodge Data & Analytics.

BNBuilders Begins Remodel at Scripps La Jolla

BNBuilders, a general contractor with a San Diego office, announced the start of the remodel of the obstetrics unit at Scripps Memorial Hospital La Jolla May 31.

Tease photo

San Marcos Industrial Building Sold for $3.5 Million

Cross Development of Carrollton, Texas, has acquired a San Marcos industrial building for approximately $3.5 million, according to brokerage firm Lee & Associates. The property will be occupied by Caliber Collision, a nationwide provider of collision repair services.

Tease photo

University of California Regents Buy Torrey Pines Office Campus for $134.1 Million

The Oakland-based Regents of the University of California, which oversees the statewide public university system that includes UC San Diego, has acquired a five-building office campus at Torrey Pines for approximately $134.1 million, according to CoStar Group and public data.

Tease photo

Office Project Planned After $2.9M Land Buy in Carlsbad

Burke Real Estate Group of Costa Mesa has purchased a 3.1-acre land parcel in Carlsbad for $2.9 million, with plans to develop a two-story creative office building, according to brokerage firm CBRE Group Inc.

Tease photo

Irvine Co. Opens New UTC Office Building, with Another Underway

Irvine Company’s office property division has opened its new three-story Eastgate Summit at University Towne Center, and has construction underway on a nearby building called Eastgate Terrace. The projects represent a total investment of more than $50 million by the Newport Beach-based company.

Tease photo

Rhonda Beathard to Lead Mason-McDuffie Mortgage Corp.'s New La Jolla Office

Mason-McDuffie Mortgage Corp., a privately held mortgage banking firm headquartered in San Ramon, is opening an office in La Jolla.

Tease photo

Apartments Planned Following $6.1M Purchase of San Diego Hotel

Fowler Property Acquisitions LLC of Newport Beach has acquired Hotel Metro, in downtown San Diego’s East Village, for $6.1 million. Plans call for redeveloping the property into market-rate studio apartments, according to brokerage firm CBRE Group Inc.

Jackie Robinson YMCA Breaks Ground on New Facility

The Jackie Robinson Family YMCA celebrated the groundbreaking of its new $31.5 million, 50,000-square-foot community center in southeastern San Diego on May 20.

Tease photo

‘Passive House’ Designed for an Active Role in Sustainability

ENERGY: House Has Wind Turbine, Intelligent Energy Monitoring

Builders of a new house in Ramona are trying to change the future of the residential housing market by building green, ultra-low energy homes at a lower cost.

Tease photo

Meeting the Demand Keeps Rents High at Medical Offices

PROPERTY: Offices Under Construction Are Already Leased

Rising demand for care services, along with limited new construction in high-demand submarkets, continue to make San Diego County a friendly place for owners of medical office buildings.