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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Realty Income Stock Offering Is Expected to Raise $459.5 Million

Escondido-based Realty Income Corp. (NYSE: O) has commenced a public stock offering expected to bring net proceeds of approximately $459.5 million.

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Oceanside Retail Center Sold for $12.6M

Doerken Properties Inc. of Santa Monica has purchased the Flags on Mission Shopping Center in Oceanside for $12.6 million, according to brokerage company Lee & Associates, which represented the buyer and seller.

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Oceanside Retail Center Sells for $12.6 Million

Doerken Properties Inc. of Santa Monica has purchased the Flags on Mission Shopping Center in Oceanside for $12.6 million, according to brokerage company Lee & Associates, which represented the buyer and seller.

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Realty Income Stock Offering Expected to Raise $459.5 Million

Escondido-based Realty Income Corp. (NYSE: O) has commenced a public stock offering expected to bring net proceeds of approximately $459.5 million.

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Comeback on Course at Warner Springs Resort

PROPERTY: Renovation’s First Phase Brings Back Golfing

A $50 million overhaul undertaken last year by Pacific Hospitality Group Inc. will begin to bear fruit this summer, when the developer reopens the newly renovated golf course at the historic Warner Springs Ranch Resort.

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Sorrento Valley Industrial Buildings Sold for $6.7 Million

CM Management Services Inc. of Del Mar has purchased a two-building industrial property in Sorrento Valley for approximately $6.7 million, according to CoStar Group and public data.

Petco Park’s Stats Show Its Impact on East Village and Region

In advance of the Padres’ opening night game March 30, a local think tank released a report on the team’s economic impact in the region last year, estimating the net impact at $44.3 million based on spending by out of town visitors.

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Poway Industrial Building Sells for $11.5 Million

Sorrento West Properties Inc. of San Diego, a real estate holdings entity of General Atomics, has purchased a Poway industrial manufacturing building for $11.5 million, according to CoStar Group and public data.

Chula Vista City Manager to Retire July 1

Jim Sandoval, Chula Vista’s city manager for the last six years, said he’s retiring effective July 1.

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San Diego Firm Buys Pasadena Retail Property for $10.8 Million

Investment firm Paragon Real Estate Fund of San Diego has purchased the retail portion of Pasadena Collection, a mixed-use residential and commercial development in that city, for $10.8 million.

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County’s Future Construction Projects down 56% in First 2 Months of 2014

San Diego County’s contracts for future construction were down 56 percent in value from a year ago in the first two months of 2014, according to new data from McGraw Hill Construction.

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Parallel Capital Teams With Chicago-based Firm to Buy Local Office Campus for $72.5M

Investment company Parallel Capital Partners Inc. of San Diego has bought Wateridge Plaza, a three-building office campus in Sorrento Mesa, for $72.5 million.

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Carmel Mountain Ranch Office Building Sold for $7.75 Million

Lab-testing product and services provider Phamatech Inc. of San Diego, recorded as JT & TP Investment LLC, has purchased a Carmel Mountain Ranch office building for $7.75 million, according to CoStar Group and public data.

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Carmel Mountain Ranch Office Building sells for $7.75 Million

Lab-testing product and services provider Phamatech Inc. of San Diego, recorded as JT & TP Investment LLC, has purchased a Carmel Mountain Ranch office building for $7.75 million, according to CoStar Group and public data.