San Diego Business Journal

SD REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Luxury Still Has the Leading Role in Lush Fairbanks Ranch

Fairbanks Ranch in Rancho Santa Fe occupies the land that was once an 800-acre working dairy and citrus ranch owned by the 1920s “Hollywood Royalty” couple Douglas Fairbanks and Mary Pickford. Now, Fairbanks Ranch is an exclusive gated community of 618 homes with miles of jogging and walking trails, a lake, tennis courts and more than 40 acres of open space for recreation.

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New ‘Downtown’ Takes Shape in San Marcos

DEVELOPMENT: It Aims for Mixed-Use Community Hub

Pieces are gradually falling into place for a mixed-use, 200-acre “University District” long envisioned by the city of San Marcos, which in coming years could also become what developers have billed as “North County’s Downtown.”

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Sudberry Properties Breaking Ground on Imperial Beach Retail Center

Developer Sudberry Properties plans a May 5 ground-breaking for Breakwater Town Center, a new shopping center and community hub in Imperial Beach.

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Eureka! Restaurant Joins Lineup at SDSU Mixed-Use Plaza

San Diego State University has signed the restaurant chain Eureka! as the latest new tenant at its mixed-use South Campus Plaza, currently under construction.

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Petherbridge Named President and CEO of Excel Trust

San Diego-headquartered Excel Trust has appointed Luke J. Petherbridge as chief executive officer and president.

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Charter School Buys La Mesa Retail Property for $2.1 Million

Student Success Programs, a local charter school, has acquired a La Mesa retail property for approximately $2.1 million, with plans to set up school operations, according to brokerage firm Lee & Associates.

Gas Station with Retail Planned after $3 Million Land Buy in Vista

J&T Business Management of Corona has purchased a 4.6-acre land parcel in Vista for approximately $3 million, with plans to build and operate a nationally branded gas station with additional retail, according to brokerage firm Lee & Associates.

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San Diego Apartment Property Sold for $3.6M

Fenway Properties I LLC of San Diego has purchased a 20-unit apartment property in the city’s Normal Heights neighborhood for $3.6 million, according to brokerage firm Marcus & Millichap.

Industrial Property Sells for $3.5 Million

A buyer recorded as TP Otay Mesa LLC has acquired a two-parcel industrial site in Otay Mesa for $3.5 million, according to brokerage firm Lee & Associates.

ROIC Posts Increase in Revenue for First Quarter

Total first-quarter revenue at Retail Opportunity Investments Corp. (ROIC) rose 6.3 percent over the year-ago period, topping $42.6 million, the San Diego-based company reported.

San Diego Region Construction Jobs Increase 6 Percent

The San Diego region gained 4,000 construction jobs from March 2015 to March 2016, according to an analysis of federal employment data by the Associated General Contractors of America.

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Home of the month: Island of Luxury

Tucked away in La Jolla Farms down a curving, cobblestone drive is an exclusive, gated estate with a sleek, fresh approach to architecture. The manicured grounds of emerald-green lawns and layered foliage include a lake with its own island. Privacy, relaxation and fun beckons at every turn. Every imaginable luxury is here, including the coveted key to Black’s Beach gate.

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Paving The Way

Border Region Puts Transportation Infrastructure In Place to Support Free-Flowing Trade, Business and Commutes

Government leaders from both sides of the border recently marked what they said were major milestones impacting the long term-economic viability of the region where Otay Mesa meets Mexico’s Baja California.

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Tide Turns in I.B.

DEVELOPMENT: Area’s Coastal Assets Effectively Used In Redevelopment

People with memories of Imperial Beach who have not seen the place in 10 or 20 years may be in for a surprise.

Revenue Rises at American Assets Trust

American Assets Trust Inc. saw total revenue rise 7.1 percent from a year ago in its first quarter ending March 31, reaching $70.7 million, the San Diego-based real estate investment trust reported.