San Diego Business Journal

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$60 Million East Village Apartment Project Approved

Civic San Diego, the city’s downtown project oversight agency, has approved plans for the $60 million Broadstone Makers Quarter, a 269-unit mixed-use apartment project to be built in East Village.

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SDSU Begins Work on $143 Million Mixed-Use Project

San Diego State University has broken ground on South Campus Plaza, a $143 million mixed-use student housing and retail project slated for completion in fall 2016.

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SoCal Penske Dealer Group Acquires Drew Ford

SoCal Penske Dealer Group of Los Angeles has acquired Drew Ford and Drew Hyundai in La Mesa, both part of a family-run dealership company established in 1927, for an undisclosed price.

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Imperial Beach Apartment Property Sells for $5.5 Million

Imperial Beach Resort LLC of Henderson, Nev., has purchased Beach Town Rentals, a 31-unit apartment property in Imperial Beach, for $5.5 million, according to CoStar Group and public data.

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Ralphs Plans to Hire 1,200 in Southern California

Ralphs Grocery Co. of Los Angeles has announced plans to fill an estimated 1,200 permanent positions at its supermarkets in Southern California.

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Dec. 1 Groundbreaking Slated for New Little Italy Plaza

The Little Italy Association and San Diego-based developer H.G. Fenton Co. plan a Dec. 1 groundbreaking for Piazza Famiglia, a 10,000-square-foot public plaza serving the downtown neighborhood.

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Pizzeria Mozza Restaurant at The Headquarters Closing

Restaurant operator Batali & Bastianich Hospitality Group has announced a Nov. 30 closing for its Pizzeria Mozza in downtown San Diego, which opened a year ago among the first tenants at The Headquarters at Seaport District.

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San Marcos Retail Center Sells for $5.25 Million

A buyer recorded as Oda LLC has purchased a San Marcos retail center for $5.25 million, according to the brokerage company Pacific Coast Commercial, which represented the buyer.

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Chula Vista Retail Property Sells for $9.8 Million

An affiliate of Paragon Real Estate Fund of San Diego has purchased the retail portion of the mixed-use Heritage Town Center in Chula Vista for $9.8 million, according to CoStar Group and public data.

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Vista Industrial Building Sells for $13.55 Million

An entity listed as KI-Vista-LPSM LLC has purchased a building at Vista Business Park for $13.55 million, which it is leasing to Escondido-based Stone Brewing Co. for a previously confirmed new distribution center, according to brokerage company Cushman & Wakefield Inc.

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