San Diego News

Fri, Dec 28, 2012

San Diego County is only expected to see 478 hotel rooms come online in 2013, but the figure is projected to jump to about 1,000 in 2014 and as many as 2,000 rooms in 2015.


San Diego-based West of Five Group has opened a new apartment complex in St. Louis, Mo.


San Diego-based KMA Architecture & Engineering said it has completed construction on a 47,000-square-foot storage facility for Five Crowns Marketing. KMA partnered with Swinerton Builders on the design-build project.


The share of distressed home sales in San Diego decreased to 13 percent in November, down from 14 percent in October and 27 percent in November 2011, according to the California Association of Realtors (CAR).


A large jump in California wholesale gas prices in recent days has slowed or stopped prices from declining at Southern California gas pumps, according to the Automobile Club of Southern California's Weekend Gas Watch.


A 44,840-square-foot Class B industrial warehouse building at 7510 Airway Road in Otay Mesa has been sold as part of a 25-property, 4.32-million-square-foot transaction to the National Pension Service of Korea and the Heitman LLC pension investment management firm. The total transaction is valued at a reported $561 million.


The percentage of distressed single-family home sales have declined both for San Diego County and the state as a whole.


Cargo vessels


The following "Local Notes" appeared in The Daily Transcript's Dec. 31, 1909, issue:
Resolutions to furnish water free of charge to the public library, the Mt. Hope and G.A.R. cemeteries were introduced in the city council by Superintendent Woolman and referred to the committee of the whole yesterday.
Ten cars of steel, six flat cars and two oil cars have arrived for the Arizona railway. A gang of sixty men and about 100 horses will join the graders on Mexican soil next week, the grading to Tia Juana being practically complete.
Electric cars, beginning New Years day, tomorrow, will run on the Southern railway as far as Otay.
A $30,000 balance on hand, instead of the feared deficit, is the statement for the last of the year from Superintendent of Finance Woods.


(AP) -- Completion of California's first highway tunnel project in a half-century will be delayed again as crews complete finishing touches.


The Deal of the Week lessee was represented by David LeMons, of Sierra US.



Fri, Dec 28, 2012

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