Recent Stories
San Diego Tourism Authority Aims to Grow International Visitors
Snagging a bigger share of Asian visitors now visiting California, particularly the fast-growing segment of travelers from China, will be among top 2015 priorities for San Diego Tourism Authority, officials said at the organization’s annual report and outlook gathering.
San Diego Firm Buys Phoenix Apartments for $36.2 Million
San Diego-based MG Properties Group has acquired the 270-unit Trillium Papago Apartments in Phoenix for approximately $36.2 million, the private investment company announced.
Poway Industrial Building Sold for $14.4 Million
An affiliate of CT Realty has purchased a Poway industrial building housing General Atomics Aeronautical Systems Inc. for $14.4 million, the Aliso Viejo-based property investment company announced.
Opponents Start Petition Drive to Repeal One Paseo Approval
Opponents of the controversial One Paseo mixed-use development in Carmel Valley have begun a signature-gathering campaign, aimed at repealing San Diego City Council’s recent approval of the project or placing the issue before city voters.
San Diego Office and Industrial Building Sells for $2.45 Million
Locally-based Sasa Group LLC has purchased an office and industrial property in the Mt. Hope area of southeast San Diego for $2.45 million, according to brokers handling the transaction.
El Cajon Apartment Property Sold for $2.6 Million
Carlsbad Garden Apartments LLC has purchased the 20-unit Sierra Vista Apartments in El Cajon for approximately $2.6 million in an all-cash transaction, according to Marcus & Millichap Inc., which handled the deal.
Carlsbad Land for Potential Residential Project Sells for $4.15 Million
Developer Integral Communities of Newport Beach has purchased a 10.46-acre land parcel in Carlsbad for $4.15 million, with plans for a 200-unit multi-family residential project, according to brokerage company Lee & Associates, which represented the buyer.
Alpine Medical and Office Building Sells for $6 Million
A buyer recorded as Alpine Regional Center LLC has purchased a multi-tenant medical and office building in Alpine for $6 million, according to brokerage company CBRE Group Inc., which represented the buyer and seller.
Downtown Sheraton Suites Hotel Sells for $50 Million
An affiliate of Maryland-based Marriott International Inc. has acquired the 264-room Sheraton Suites San Diego hotel in the downtown area for approximately $50 million, according to CoStar Group and public data.
Downtown Residence Inn Sells for $90 Million
Chatham Lodging Trust of Palm Beach, Fla., has purchased the 240-room Residence Inn San Diego Downtown hotel for $90 million, according to CoStar Group and public data.
