SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
Investor Testa Family LP II, based in Huntington Beach, has acquired a Carlsbad office building fully occupied by ViaSat Inc. for $13 million, according to brokerage firm Marcus & Millichap.
An Irvine buyer recorded as 12th Street Apartments LLC has purchased the 61-unit Centro Condominiums rental property in National City for $15.8 million, according to brokerage firm Berkadia.
Referred to as the “Downton Abbey of Coronado,” this historic property is one of Coronado’s most palatial estates.
MEDICINE: New $943M Medical Center to Fill Growing Need in County
The $664 million UC San Diego Health originally expected to spend building a new hospital in La Jolla would have been quite a bargain, even if it didn’t look that way when the plan was announced April 1, 2010. (And no, it wasn’t an April Fools’ joke).
HOUSING: Cos. May Have to Act to Keep S.D. Competitive
It didn’t sound like real estate advisor Gary London was toning things down in his recently published assessment that San Diego’s housing shortage has become an impending crisis for local employers and that the latest approach to solving it could backfire and contribute to an “unprecedented economic challenge.”
Los Angeles-based LaTerra Development LLC has started construction on Stone Creek Casitas, a $25 million project in Chula Vista that will have 97 garden-style apartments.
A San Diego buyer recorded as RM-Use LLC has acquired a Miramar industrial building for approximately $3.94 million, according to CoStar Group and public data.
Illinois-based InvenTrust Properties Corp. has acquired the Old Grove Marketplace retail center in Oceanside for approximately $23.2 million, the company announced.
San Diego-based Davlyn Investments Inc. has purchased a 138-unit apartment community in Santa Rosa for $43 million, the company announced.
Torrance-based Showprop Pico Rivera LLC has acquired a 25,380-square-foot office building in Escondido for $6.9 million, according to the seller, San Diego-based SENTRE Inc.
The city of San Diego can do more to meet community and business goals by creating a sense of place in its individual neighborhoods, according to a new report by the regional nonprofit Circulate San Diego.
San Diego investor Roger Carr has acquired a 20-unit apartment complex in Lakeside for $3.3 million, according to brokerage firm Apartment Consultants Inc., also known as ACI.
REAL ESTATE: OC Firm to Build 133 Homes In Civita Development
New Home Co. has bought land for its first homebuilding project in San Diego, and is also expanding its reach in Orange County through a new project at the La Floresta development in Brea.
Whatever you call it, the Village of La Jolla — aka Downtown La Jolla, aka La Jolla Cove — has been on a tear for the past two years when it comes to commercial real estate.
Tenant demand for life science real estate in San Diego remains robust so far in 2016, even as leasing activity has declined from levels seen in the first half of 2015, according to a new report from brokerage firm JLL.