San Diego Business Journal

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Chelsea Opens $20.4M Affordable Apartment Complex in San Diego

Carlsbad-headquartered Chelsea Investment Corp. recently opened Ouchi Courtyards, a $20.4 million affordable apartment development in San Diego’s Encanto neighborhood.

By Lou Hirsh May 23, 2017 5:29 p.m. share »
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San Diego Apartment Building Sells for $2.04 Million

Investor Travis Likert of San Diego has acquired a 14-unit apartment property in San Diego’s Lincoln Park neighborhood for $2.04 million, according to brokerage firm San Diego Investment Brokers.

By Lou Hirsh May 23, 2017 1:09 p.m. share »
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North Park Apartment Property Sold for $12 Million

Affiliates of San Diego-based E3 Investments Inc. have acquired a 43-unit apartment building in the city’s North Park neighborhood for approximately $12 million, according to CoStar Group and public data.

By Lou Hirsh May 23, 2017 12:02 p.m. share »
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Ocean Beach Apartments Sold for $2.08 Million

Florida-based investors Fred and Cynthia Deluca have acquired a six-unit apartment property in San Diego’s Ocean Beach neighborhood for approximately $2.08 million, according to brokerage firm ACRE Investment Real Estate Services.

By Lou Hirsh May 22, 2017 2:32 p.m. share »
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Palo Alto Firm Buys Oceanside Apartments for $30 Million

An affiliate of Palo Alto-based Pacific Urban Residential has acquired a 136-unit Oceanside apartment property for $30 million, according to CoStar Group and brokerage firm Kidder Mathews.

By Lou Hirsh May 22, 2017 2:22 p.m. share »
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Poway Office Building Sells for $5.36 Million

A San Diego buyer listed as Hotel Mediterranean LLC & 13th LLC has acquired a Poway office building for $5.36 million, according to brokerage firm Pacific Coast Commercial.

By Lou Hirsh May 22, 2017 1:01 p.m. share »
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Local Theme Parks Hope to Have Turnstiles Turning With Visitors to New Attractions

Here’s a sampling of long-awaited projects ramping up for openings this summer at SeaWorld San Diego, San Diego Zoo and Legoland California Resort.

By Lou Hirsh May 21, 2017 1:07 p.m. share »

Mixed-Use Project Planned after $40M Purchase of Former Postal Facility

San Diego-based Hammer Ventures has acquired a former U.S. Postal Service property in the city’s Point Loma/Midway area for approximately $40 million, with plans to develop a new $325 million mixed-use project tentatively called The Point.

By Lou Hirsh May 21, 2017 1:06 p.m. share »
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Tenant Slate Announced for Upcoming Retail Center at Millenia

Retailers HomeGoods and Cost Plus World Market are among several tenants that have signed leases to occupy Millenia Commons, set to be developed by Sudberry Properties as the primary retail component of the mixed-use Millenia community in Chula Vista.

By Lou Hirsh May 21, 2017 1:02 p.m. share »
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Golden Hill Apartment Property Sells for $4.4M

A Del Mar buyer listed as 3073 B Street Golden Hill LLC has acquired an 18-unit apartment property in San Diego’s Golden Hill neighborhood for $4.4 million, according to brokerage firm Apartment Realty Group (ARG).

By Lou Hirsh May 21, 2017 1 p.m. share »

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