San Diego Business Journal

SD REAL ESTATE

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

Construction Jobs Increased by 9 Percent Over 12-Month Period

Construction employment in the region increased by 9 percent over a 12-month period, according to an analysis by the Associated General Contractors of America.

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Krikorian Entity Buys Solana Beach Buildings for $15.5 Million

A buying group that includes the founder and CEO of Torrance-based cinema chain Krikorian Premiere Theatres has acquired two medical office properties in Solana Beach for $15.5 million, according to CoStar Group and public data.

Three Local Apartment Properties Get New Owners

Three San Diego County apartment properties recently changed hands in separate transactions, including a 12-unit La Mesa complex that sold for approximately $2.6 million.

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High-End Coastal Living Offers an Experience You Can’t Top

If you haven’t lived in San Diego County for any length of time, you might wonder why there is just one prominent high-rise along the shore from La Jolla to Point Loma. At 21 stories, it is quite visible from land on a clear day and can serve as a navigation point for ships at sea.

Entrances, Exits, and Expansions Keep Grocery Sector Active

San Diego County’s grocery venues continue to multiply at a dizzying pace. In some cases, it’s because companies fail and leave prime spaces ready for newcomers to swoop in and take their place; at other times, it’s the classic case of retailers simply chasing new residential rooftops.

Median Home Price Hit $551,000 in March

The median price of previously owned San Diego homes rose steadily even as sales continued to slide in the year ending in March, the Greater San Diego Association of Realtors said Thursday.

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Developers Propose A Big College Try

PROPERTY: Old Stadium Would Be New SDSU Site

San Diego State University, along with an ad-hoc group of developers and university boosters, pushed last week for serious consideration of a redeveloped Qualcomm Stadium site that could become a western campus for SDSU, including a smaller stadium better suited for Aztec crowds.

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Work Starts on $20.4M Affordable Apartment Complex in Encanto

Construction recently got underway on Ouchi Courtyard, a $20.4 million affordable-housing community with ground-floor retail in San Diego’s Encanto neighborhood.

GlySens Inc. Moves to New Corporate Headquarters

GlySens Inc., a local company that manufacturers glucose monitoring systems, celebrated the grand opening of its new corporate headquarters March 31.

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Local Firm Buys Portland Apartments for $57.85 Million

San Diego-based MG Properties Group has purchased a 283-unit apartment property in Portland, Ore., for $57.85 million, the company announced.

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East Village Apartment Building Sells for $52.6 Million

An affiliate of San Mateo-based Essex Property Trust Inc. has acquired a 241-unit apartment building in downtown San Diego’s East Village for approximately $52.6 million, according to CoStar Group and public data.

San Diego Mesa College to Dedicate $14.3 Million Exercise Science Center

San Diego Mesa College will dedicate its new exercise science center on April 13.

S.D. County Home Prices Rose 7.6 Percent in Last Year

Home values in San Diego and Carlsbad grew 7.6 percent in February from the year before, as homes nationwide continued to rise in value, according to a report Tuesday from CoreLogic.

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BioMed Leases Full i3 Campus at UTC to Illumina

Property owner BioMed Realty announced that it has fully leased its 316,000-square-foot i3 campus, currently under construction at University Town Center, to biotech company Illumina Inc.

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BioMed Realty Buys UTC Buildings for $55 Million

BioMed Realty has purchased a two-building laboratory and office property in University Towne Center for $55 million, the San Diego-based company announced.