Lou Hirsh
Staff Reporter
Phone: 858-277-8904 Extension: 3107
Recent Stories
Westfield UTC’s $600M Overhaul Nears Completion
Construction workers were still keeping busy with landscaping and signage, as the Westfield UTC mall entered the final home stretch on a $600 million renovation and expansion.
Two Mira Mesa Hotels Sell for $25.17 Million
An affiliate of San Diego-based Excel Hotel Group has purchased two neighboring hotels in Mira Mesa for $25.17 million, according to CoStar Group and public data.
Two Mira Mesa Hotels Sell for $25.17M
An affiliate of San Diego-based Excel Hotel Group has purchased two neighboring hotels in Mira Mesa for $25.17 million, according to CoStar Group and public data.
Westfield UTC’s $600M Overhaul Nears Completion
Construction workers were still keeping busy with landscaping and signage, as the Westfield UTC mall entered the final home stretch on a $600 million renovation and expansion.
Lease Deals Bring New Incoming Tenants
San Diego’s Murphy Development recently announced three more big lease signings at its industrial and office property known as The Campus at San Diego Business Park in Otay Mesa. The U.S. government’s General Services Administration signed a 10-year lease for 40,872 square feet of office space at the 2055 Sanyo Ave. building, where fiber-optic technology provider kSARIA Corp. recently leased 59,267 square feet of office and warehouse space for three years.
Filling Minds, Grocery Bags, and Plates
San Diego-based America’s Finest Charter School recently acquired a 12,726-square-foot former Universal Church building at 4481 Estrella Ave. for $1.8 million, with plans to convert it into a charter high school expected to take occupancy in the first quarter of 2018. The buyer of the property, which had been vacant for about a year, was represented by Peter Wright of QFC Real Estate, and the seller was represented by Thomas Riley of Mission Realty Co.
Center Talks Aim For June Ballot Spot
POLITICS: Hotel Tax Hike Also to Address Homelessness
Informal talks are continuing among multiple organizations, aimed at reviving a proposed hotel tax-hike ballot measure to fund an expansion of the San Diego Convention Center. But this time the goals reportedly include getting it to voters sooner – possibly in June 2018 – and with more of the proceeds earmarked toward the city’s growing homelessness problem.
Blufftop Battleground
PROPERTY: Prime Coastal Spot in Del Mar Draws Developers With Reputation for Success
Two Encinitas developers — The Robert Green Co. and Zephyr — contend their track records with luxury projects in high-profile places, combined with some long-term patience, should guide them through an expected thicket of obstacles to completing their proposed oceanfront resort in Del Mar.
Downtown’s Historic Santa Fe Depot Gets New Owner
A San Diego entity recorded as Santa Fe Depot LLC has acquired the landmark downtown train station for an undisclosed price, according to brokerage firm Voit Real Estate Services.
Vista Industrial Building Sold for $3.92 Million
A Vista buyer recorded as VCIT LLC has acquired an industrial and office property in that city for approximately $3.92 million, according to brokerage firm Lee & Associates.