San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Target Plans November Debut for New Oceanside Store

Target Corp. plans a November 2017 opening for a new 89,000-square-foot store at the Mission Marketplace retail center in Oceanside. It will be the retailer’s second Oceanside store and its 22nd in San Diego County.

By Lou Hirsh February 27, 2017 12:55 p.m. share »
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Bankers Hill Office Property Sells for $2.25 Million

A local buyer recorded as 2341 Fifth Avenue LLC has purchased a Bankers Hill office property for $2.25 million, according to CoStar Group and public data.

By Lou Hirsh February 27, 2017 11:40 a.m. share »
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La Mesa Apartments Sold for $7.35M

San Diego investor Matt Rattner has acquired a 44-unit apartment property in La Mesa for $7.35 million, according to brokerage firm Apartment Consultants Inc. (ACI).

By Lou Hirsh February 24, 2017 1:39 p.m. share »
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County’s Construction Starts Declined 4 Percent in January

San Diego County’s construction starts for the month of January dipped 4 percent from the same period a year ago, totaling $329.7 million in value, according to research firm Dodge Data & Analytics.

By Lou Hirsh February 24, 2017 11:53 a.m. share »

Eco Building Products Secures $400,000 Credit Facility for Launch of Its Subsidiary

San Diego surfacing company Eco Building Products Inc. has secured a $400,000 credit facility to fund the launch and near-term ramp-up of its new subsidiary, Wood Protection Technologies Inc.

By John Cox February 24, 2017 11:34 a.m. share »

GTOs' Reporting Requirement for Cash Purchases of Houses Is Extended

The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) bureau has extended by 180 days its orders requiring title insurance companies in six major metropolitan areas, including San Diego, to identify anyone who plunks down cash for a high-end home.

By Sarah de Crescenzo February 24, 2017 9:36 a.m. share »

S.D.’s Single-Family Home Market Sixth-Hottest in Nation

San Diego’s single-family home market ranks as the sixth-hottest in the nation, down one place from January, amid an early start to the national home-buying season.

By John Cox February 23, 2017 3:40 p.m. share »

Revenue Rises at Retail Opportunity Investments Corp.

Revenue at Retail Opportunity Investments Corp. (ROIC) rose 23 percent from a year ago in the fourth quarter ending Dec. 31, reaching $63.1 million, the San Diego-based company reported.

By Lou Hirsh February 23, 2017 3:31 p.m. share »

Swinerton Builders Wins $10.2M Contract For Grossmont's Surgical Unit

San Diego-based Swinerton Builders has won a $10.2 million construction contract – the last available under 2006’s $247 million Proposition G – to build out the surgery floor of Grossmont Healthcare District’s new, 71,000-square-foot Heart and Vascular Center in La Mesa.

By John Cox February 23, 2017 1:43 p.m. share »
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Manchester’s Mission Valley Plan Calls for Retaining Qualcomm Stadium

Developer Douglas Manchester’s vision for the Mission Valley site of Qualcomm Stadium calls for renovating rather than replacing the 50-year-old venue, and potentially adding a new arena to host an NBA team.

By Lou Hirsh February 23, 2017 1:22 p.m. share »
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Developers Have Goal-Oriented Concept for Mission Valley

San Diego hasn’t even won a Major League Soccer franchise, but a local investor group vying to bring one to Mission Valley is wasting no time in branding their mixed-use project as “SoccerCity.”

By Lou Hirsh February 23, 2017 1:21 p.m. share »
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Compound Comes With a Beautiful Water Feature: a Lake

Imagine if hidden among the crowded freeways and hustle and bustle of San Diego County there was a place to come home to that was a secluded, quiet compound overlooking a serene lake.

By Stephanie Glidden February 23, 2017 1:19 p.m. share »

Absorption of Office Space is Highest in Region Since 2005

San Diego County saw rising demand for space in most commercial property categories during the past year, as the region continued to add jobs and new construction remained limited in nearly every sector except apartments. There are more than 9,400 apartments in the development pipeline, with about 3,600 being built downtown.

By Lou Hirsh February 23, 2017 1:15 p.m. share »
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Mixed-Use Planned at Former Hospital Site

Escondido finally has an answer — part of one anyway — on what will be done with the hospital campus that has stood as a landmark in the city’s downtown since the 1950s.

By John Cox February 23, 2017 12:54 p.m. share »

Guild Mortgage Continues to Grow Loan Volume, Expand Reach

San Diego-based independent mortgage lender Guild Mortgage loaned homebuyers $15.9 billion in 2016, 15.3 percent more than the $13.8 billion it loaned out in the prior year, the company announced Tuesday.

By Sarah de Crescenzo February 22, 2017 5:07 p.m. share »