San Diego Business Journal

Spanos Meets with City, County to Discuss Chargers’ Location Issues

Mulling the team’s location options after the 2016 season, San Diego Chargers Chairman Dean Spanos recently met with Mayor Kevin Faulconer, county Supervisor Ron Roberts and San Diego State University President Elliot Hirschman.

Tease photo

Santee Apartment Community Sells for $56.6 Million

San Diego-based R&V Management Corp. has purchased a 172-unit apartment community in Santee for $56.6 million, according to brokerage firm CBRE Group Inc.

Tease photo

Chula Vista Apartment Property Sold for $45.5 Million

MG Properties of San Diego has acquired a 183-unit apartment property in Chula Vista for $45.5 million, according to brokerage firm Berkadia.

Tease photo

Gourmet Sandwich Chain Mendocino Farms Opens First Local Eatery

Los Angeles-headquartered Mendocino Farms Sandwich Market recently opened its first San Diego County location in La Jolla, with another slated to open in spring 2017 in Carmel Valley.

Spanos Meets with County, City to Discuss Chargers’ Location Issues

Mulling the team’s location options after the 2016 season, San Diego Chargers Chairman Dean Spanos recently met with Mayor Kevin Faulconer, county Supervisor Ron Roberts and San Diego State University President Elliot Hirschman.

Tease photo

Hyatt Regency La Jolla at Aventine Names New General Manager

Operators of Hyatt Regency La Jolla have appointed Allan Farwell as general manager, leading all operations of the 417-room hotel.

Tease photo

Student Housing Property in San Diego Sold for $82.7 Million

An affiliate of Chicago-based Heitman LLC has purchased a 321-unit student-housing property in San Diego’s College Area for $82.7 million, according to CoStar Group and public data.

National City Office-Warehouse Property Sold for $3.35 Million

Analog Properties LLC of San Diego has acquired a National City office and warehouse property for $3.35 million, according to brokerage firm Colliers International Group Inc.

Tease photo

Downtown Successfully Recruits UC San Diego

DEVELOPMENT: Center to Give Area Key Academic Tie

Plans by the University of California, San Diego for a new cultural and education center in downtown’s East Village were warmly greeted by urban designers, architects, civic advocates and others who had fretted earlier this year about the future of the fast-growing neighborhood, recently eyed for a new football stadium with convention facilities.

Tease photo

Los Angeles Firm Buys Downtown’s Emerald Plaza for $91.7 Million

Kearny Real Estate Co. of Los Angeles has purchased downtown San Diego’s Emerald Plaza office tower for approximately $91.7 million, the company announced.

Tease photo

Rexford Buys Miramar Industrial Building for $15.5 Million

Los Angeles-based Rexford Industrial Realty Inc. has purchased a Miramar industrial building for $15.5 million, the company announced.

San Diego Picked to Host 2017 Games in International Soccer Tournament

San Diego has been selected as a site for the 2017 Gold Cup tournament of soccer’s Confederation of North, Central America and Caribbean Association Football (CONCACAF). An opening-round double-header is scheduled for July 9 at Qualcomm Stadium, city officials announced.

Tease photo

San Diego Brewers Guild Launches New Website

The San Diego Brewers Guild, which promotes the region’s breweries and related companies, has launched a new website, SDbeer.com, streaming craft beer content for a general audience in addition to its members.

Tease photo

San Diego Restaurant Buildings Sell for $5 Million

Two leased restaurant buildings at a retail center in southern San Diego were purchased for a total of approximately $5 million, according to brokerage firm Marcus & Millichap.

Tease photo

Badiee Development Planning New Vista Industrial Project

Badiee Development Inc. has announced plans to develop a $13.9 million project in Vista, to be called Keystone Victory Industrial Park.

Tease photo

San Diego Apartment Property Sells for $8.3 Million

Community Housing Works of San Diego, which develops affordable housing, has acquired a 36-unit apartment building in the city’s Linda Vista neighborhood for $8.3 million, according to CoStar Group and public data.

Tease photo

Badiee Development Is Planning New Vista Industrial Project

Badiee Development Inc. has announced plans to develop a $13.9 million project in Vista, to be called Keystone Victory Industrial Park.

Tease photo

Vista Industrial Building Sold for $6.8 Million

Vista Carlsbad LLC, an affiliate of investor Dariush Hosseini of Los Angeles, has acquired a Vista industrial building for approximately $6.8 million, according to CoStar Group and public data.

Tease photo

JLL Relocates San Diego Office to Aventine Campus

Commercial real estate services provider JLL has relocated its San Diego regional office to the Aventine office building at University Towne Center, the company announced.

Tease photo

National City Retail Property Sells for $6 Million

San Diego-based Bill Jay Corp. has purchased a National City retail property for $6 million, according to brokerage firm Retail Insite.

Tease photo

Anthony’s Fish Grotto Plans Jan. 31 Closing for San Diego Restaurant

Operators of Anthony’s Fish Grotto have announced a Jan. 31 closing for the iconic San Diego restaurant, after 52 years at its current Harbor Drive location and 70 years total on the downtown waterfront.

Tease photo

Ramona Apartment Property Sold for $3.6 Million

Block Builders Investment Group LLC of San Diego has acquired a Ramona apartment property for approximately $3.6 million, according to brokerage firms CBRE Group Inc. and Marcus & Millichap.

Tease photo

Carlsbad Industrial Building Sells for $2.9 Million

TLR Properties of Los Angeles has acquired a Carlsbad industrial building for $2.9 million, according to brokerage firm Lee & Associates.

Council Members Offer $1-per-year Mission Valley Lease to Chargers

Four San Diego City Council members are asking the San Diego Chargers to consider staying at the team’s current Mission Valley stadium location at a rate of $1 per year under a 99-year-lease. The council members deem the proposal “a good starting point” for their requested new negotiations to keep the Chargers from leaving the city for Los Angeles.

Tease photo

Operators Complete $12 Million Renovation of DoubleTree Hotel

Operators of the 174-room Hotel Karlan have completed a $12 million renovation and rebranding of the DoubleTree hotel in San Diego’s Carmel Highland community.

Tease photo

Corless Named Chief People Officer at Sunrise Management

San Diego-headquartered Sunrise Management, which oversees apartments and other multifamily properties, has named Marc Corless to the position of chief people officer.

UC San Diego Plans New Educational, Cultural Center in East Village

The University of California San Diego has announced plans for a new cultural and education center in downtown San Diego, as part of a mixed-use project in East Village proposed by developer Holland Partner Group.

Tease photo

Harrah's Joins San Diego's Brew Pack With SR76

Harrah’s Resort Southern California recently opened SR76, a new 5,000-square-foot brewery adjacent to the resort and casino in Valley Center.

Tease photo

Sorrento Mesa Industrial Property Acquired for $3.7 Million

San Diego-based Ohana Kala LLC has purchased a Sorrento Mesa industrial warehouse property for $3.7 million, according to Voit Real Estate Services.

Tease photo

Chula Vista Industrial Building Sold for $9.4 Million

Rethwisch Enterprises LLC of Villa Park has acquired a Chula Vista industrial building for $9.4 million, according to brokerage firm Colliers International Group Inc.

Tease photo

University Heights Apartment Property Sells for $2.28 Million

San Diego-based Vaeurus Urban Lifestyles Fund II LLC has purchased a nine-unit apartment property in University Heights for $2.28 million, according to brokerage firm Apartment Consultants Inc. (ACI)

Tease photo

Harrah’s Resort Opens On-site Craft Brewery

Harrah’s Resort Southern California recently opened SR76, a new 5,000-square-foot brewery adjacent to the resort and casino in Valley Center.

Tease photo

Chula Vista Industrial Building Sells for $9.4 Million

Rethwisch Enterprises LLC of Villa Park has acquired a Chula Vista industrial building for $9.4 million, according to brokerage firm Colliers International Group Inc.

Tease photo

University Heights Apartment Property Sold for $2.28 Million

San Diego-based Vaeurus Urban Lifestyles Fund II LLC has purchased a nine-unit apartment property in University Heights for $2.28 million, according to brokerage firm Apartment Consultants Inc. (ACI)

Tease photo

Retail Property in Little Italy Sells for $3.15 Million

India and Juniper LLC of San Diego has acquired a Little Italy retail property for $3.15 million, according to brokerage firm Colliers International Group Inc.

Tease photo

Point Loma Retail Center Sold for $2.45 Million

San Diego-based Williams@Rosecrans LLC has acquired a strip shopping center in Point Loma for $2.45 million, according to brokerage firm Franco Realty Group.

Tease photo

Murphy Development Nears Completion of Otay Mesa Industrial Park

San Diego-headquartered Murphy Development Co. is nearing completion on its Siempre Viva Business Park in Otay Mesa, with the recent groundbreaking on an $11.9 million industrial building at 8500 Kerns St.

Tease photo

The Shoppes’ Multipurpose Makeover Is About People Pleasing

After years of delays and ownership changes, it appears that the long-fading mall in northern Carlsbad, known as Plaza Camino Real when it opened nearly a half-century ago, is ready to benefit from an extensive renovation.

Renovations Dominate Commercial Projects

CONSTRUCTION: Value Is Trending Above 2015

Converting older non-residential buildings for new and updated uses makes up more than three-quarters of the work being done these days by busy San Diego construction firms like Jaime Partners, and industry observers say those kinds of projects present further growth opportunities for local contractors in 2017 and beyond.

Tease photo

Liberty Public Market Ranks 13th Among U.S. Food Halls

San Diego’s Liberty Public Market in Point Loma placed at No. 13 in a recent national ranking of the top 20 food halls, as part of an urban retail report by brokerage firm Cushman & Wakefield.

Tease photo

Crowne Plaza Hanalei Hotel in Mission Valley Gets New Owner

A private client of Irvine-based Brighton Management has purchased the 419-room Crowne Plaza Hanalei hotel in Mission Valley, according to brokerage firm CBRE Group Inc. The price was initially not disclosed by the buyer or seller, but was subsequently reported by CoStar Group at approximately $49 million.

SeaWorld San Diego Cutting 60 Jobs Amid Nationwide Layoffs

SeaWorld San Diego is laying off 60 workers, as part of 320 nationwide job cuts announced Dec. 6 by its Florida-based parent firm, SeaWorld Entertainment Inc.

Tease photo

CBRE to Relocate Main San Diego Office to Westfield UTC

Commercial real estate services firm CBRE Group Inc. plans to move its central San Diego office in University Towne Center to the Westfield UTC mall, which is currently undergoing a $585 million renovation and expansion by owner Westfield Corp.

Tease photo

US Grant Hotel Nears Completion of $13 Million Revamp

Operators are nearing completion of a $13 million revamp of downtown San Diego’s The US Grant hotel, which included an update of its lobby, meeting and wedding venues, fitness center and all 270 guest rooms.

Tease photo

Sorrento Mesa Industrial-Office Property Sells for $7 Million

A San Diego buyer recorded as Rodney R. Starkey A Trust has acquired a Sorrento Mesa industrial building for $7 million, according to brokerage firm Marcus & Millichap.

Tease photo

County’s Construction Starts Rise 29% in First 10 Months of 2016

The value of San Diego County’s construction starts rose 29 percent from a year ago in the first 10 months of 2016, topping $3.61 billion, according to the latest monthly figures from Dodge Data & Analytics.

Tease photo

Innovative Industrial Properties Begins Selling Stock Shares

San Diego-based Innovative Industrial Properties Inc., a new investment company focused on medical-use cannabis facilities, plans a Dec. 6 close on a $67 million initial public offering of common stock that began on Dec. 1.

Tease photo

Croughan Named GM of Two Carmel Valley Hotels

RAR Hospitality has named David Croughan as general manager of two of its hotels in Carmel Valley – the 84-room Hilton Garden Inn San Diego-Del Mar and the 120-room Homewood Suites by Hilton San Diego-Del Mar.

Tease photo

Bowens Retiring in March from Airport Authority CEO Post

Thella F. Bowens will retire on March 31, 2017, after 15 years as president and CEO of the San Diego County Regional Airport Authority, which operates San Diego International Airport.

Tease photo

Second Office Building Planned After $31.3M Site Purchase in Scripps Ranch

Carlsbad-based developer Newport National Corp. has acquired a 20.9 acre site containing an office building, in San Diego’s Scripps Ranch submarket, for approximately $31.3 million, according to brokerage firm Colliers International.

Page of .