SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
An affiliate of Chicago-based Heitman LLC has purchased a 321-unit student-housing property in San Diego’s College Area for $82.7 million, according to CoStar Group and public data.
Analog Properties LLC of San Diego has acquired a National City office and warehouse property for $3.35 million, according to brokerage firm Colliers International Group Inc.
DEVELOPMENT: Center to Give Area Key Academic Tie
Plans by the University of California, San Diego for a new cultural and education center in downtown’s East Village were warmly greeted by urban designers, architects, civic advocates and others who had fretted earlier this year about the future of the fast-growing neighborhood, recently eyed for a new football stadium with convention facilities.
San Diego is among the nation’s highest-growth markets for single-family rentals, according to HomeUnion, an online real estate investment management firm that on Tuesday released a list of the U.S. rental markets with the highest year-over-year growth.
San Diego-based oncology and hematology practice California Cancer Associates for Research and Excellence, or cCARE, has signed a lease for 20,230 square feet at the Nordahl Medical Centre in San Marcos.
Kearny Real Estate Co. of Los Angeles has purchased downtown San Diego’s Emerald Plaza office tower for approximately $91.7 million, the company announced.
Los Angeles-based Rexford Industrial Realty Inc. has purchased a Miramar industrial building for $15.5 million, the company announced.
The median price for an existing single-family home in San Diego fell by 3.4 percent from October to November, to $557,000.
Two leased restaurant buildings at a retail center in southern San Diego were purchased for a total of approximately $5 million, according to brokerage firm Marcus & Millichap.
Community Housing Works of San Diego, which develops affordable housing, has acquired a 36-unit apartment building in the city’s Linda Vista neighborhood for $8.3 million, according to CoStar Group and public data.
Badiee Development Inc. has announced plans to develop a $13.9 million project in Vista, to be called Keystone Victory Industrial Park.
Vista Carlsbad LLC, an affiliate of investor Dariush Hosseini of Los Angeles, has acquired a Vista industrial building for approximately $6.8 million, according to CoStar Group and public data.
Port commissioners approved a plan to modernize the San Diego waterfront’s 10th Avenue Marine Terminal beginning in the summer.
Commercial real estate services provider JLL has relocated its San Diego regional office to the Aventine office building at University Towne Center, the company announced.
San Diego-based Bill Jay Corp. has purchased a National City retail property for $6 million, according to brokerage firm Retail Insite.