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Real Estate
NEWS
With foreclosures in San Diego up 11.1 percent from last month, according to statistics gathered by The Daily Transcript, the number of trustee sales per day has increased dramatically.
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Centre City Development Corp. President Nancy Graham resigned today from the corporation.
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Losing her job of 14 years on Wednesday night came as no surprise to Southeastern Economic Development Council President Carolyn Y. Smith.
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The one-story, approximately 1,900-square-foot office property in Hillcrest at 3535-3537 Fourth Ave., San Diego 92103, has been sold for $965,000.
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Construction is nearing completion of the two-building ECR Corporate Center at 6250 and 6260 El Camino Real in Carlsbad. The center will accommodate the Tri-City Wellness Center and a medical office building. The project is slated for completion in November.
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MANAGEMENT
Real estate investment and management company, LBA Realty, based in Irvine, Calif., has named John Garrigan to serve as leasing director for its San Diego region.
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KBM Building Services, a San Diego-based professional contract janitorial company, has merged with Knightly Building Services, LLC of Spring Valley, according to Maureen Gray, CEO of KBM and Robert Janica, founder of Knightly. The terms of the merger were not disclosed.
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Many San Diego housing developments have had few or no sales at all recently, but MarketPointe says the latest new home sale numbers give reason for hope.
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San Diego City Attorney Michael Aguirre filed a lawsuit Wednesday against Countrywide Financial Inc., seeking to prevent the former mortgage giant from pursuing any more foreclosures involving subprime loans.
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The commercial property at 7404-7424 Jackson Drive, San Diego 92119, has been sold for $3.5 million.
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SPECIAL REPORT
Investment Opportunities 2008

Explore the investment side of business and the latest investment trends inside this special report.

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Explore the investment side of business and the latest investment trends inside this special report.

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