San Diego Business Journal

Recent Stories

Law Soon to Shine Light On Buildings’ Energy Use

LAW: Bigger Landlords Ready; Data Come Up in Sales, Leases

Ready or not, California owners of commercial buildings larger than 50,000 square feet will need to begin complying this year with a state law requiring the disclosure of properties’ historical energy usage data to prospective buyers, renters and lenders.

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Airport Car Rental Consolidation Aims for ‘Many Happy Returns’

TRAVEL: Planned Center Would Cut Emissions, Congestion

By early 2016, San Diego International Airport will join the growing throng of major U.S. airports turning their rental car operations into a centralized, one-stop hub for busy travelers.

New Look, New Name Comes to Carlsbad Mall

RETAIL: Westfield Continues Its Local and Global Upgrades

Westfield Group will soon embark on a renovation of its Carlsbad property that is expected to top $100 million, marking the mall operator’s fifth big local makeover in as many years.

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Firm Banks On Value of Local Hotel Market With Purchase

Real Estate Column

A couple of San Diego buildings with long historical ties to the downtown area were recently the target of some high-profile transactions. One of those was the property that currently houses the Courtyard by Marriott San Diego Downtown hotel at 530 Broadway, off Sixth Avenue.

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More Patients Means More Demand for Space

PROPERTY: Report Expects Newly Insured to Drive Need for Facilities

Economic uncertainties and questions about the impact of upcoming federal health care reforms have prompted medical practices to delay real estate decisions during the past few years. But experts say the local climate could see some shifts as key elements of the Affordable Care Act take effect in 2014.

Local Office Submarkets’ Vacancy Rates Vary By Region and Class

REAL ESTATE: Choices Abound for Class B and C, Class A Remains Scarce

San Diego County’s real estate recovery is being felt in different ways, depending on the neighborhood. Here’s how local commercial brokers view trends in some prominent local office submarkets.

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Product Placement

RETAIL: Sony Deploys Variety of Store Formats As Retail World Changes

At places like Fashion Valley mall, locally based Sony Electronics has recently been busy adjusting to a world in which consumers not only are changing up the way they interact with their gadgets — increasingly outside the home, and in the palm of their hand — but also how they buy them.

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Hilton Renovation Puts Property’s Bay-Front Beauty on Display

Real Estate Column

The Hilton San Diego Bayfront hotel recently completed extensive outdoor renovations, aimed at better capitalizing on the downtown property’s waterfront location.

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Developer’s Plan Aims to Create Downtown Urban Quarter

DEVELOPMENT: Creative Mix of Residential, Offices, Retail, Restaurants, High-Tech

A development team that includes locally based Lankford & Associates Inc. has unveiled plans for an East Village mixed-use project that its proponents hope will become downtown San Diego’s next “urban quarter” over the next decade.

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Mapping Out a Real Estate Recovery

PROPERTY: Commercial Comeback Is Uneven as Sector Charts New Course

The commercial real estate recovery is progressing steadily in San Diego County so far in 2013, but local experts are still curbing their expectations as to when things might switch into a higher gear.

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