Real Estate


Haggen acquiring 25 Vons and Albertsons in SD

Haggen Inc., a Bellingham, Wash.-based grocery store chain, announced late Friday that it has agreed to acquire 146 stores, including 25 in San Diego County, as a result of the merger of the Albertsons and Safeway Inc. (NYSE: SWY) chains.

Motel on N. Coast Hwy. in Encinitas sold

The 51-unit motel at 1444 N. Coast Highway 101 in Encinitas 92024, has been sold for $5.1 million.

Apartment on Rex sold

The four-unit apartment complex at 5323-5329 Rex Ave., San Diego 92105, has been sold for $639,000.

Genesee Executive Plaza sold

Encinitas finalizes $10M purchase of Pacific View property

Retail building in San Marcos on Center sold

Travelodge motel in Mission Valley sold

Planners approve 194-unit North Park housing project

Flex building on Kenamar in Miramar sold

Bosa buys its first office building in San Diego

Other Real Estate Headlines:

Haggen acquiring 25 Vons and Albertsons in SD

Haggen Inc., a Bellingham, Wash.-based grocery store chain, announced late Friday that it has agreed to acquire 146 stores, including 25 in San Diego County, as a result of the merger of the Albertsons and Safeway Inc. (NYSE: SWY) chains.

US home resales in Nov. hit slowest pace in 6 months

Fewer Americans bought homes in November, as buying slid to its slowest pace in six months.

Object lessons provide a Cuban reality check

For companies seeking Miami attorney Pedro Freyre’s advice on how to exploit President Barack Obama’s opening to Cuba, two stories may serve as cautionary tales.

Condos follow Long Island rental boom

After nine years of working on apartment developments in New York’s red-hot Brooklyn, Sam Charney has moved on to a new mission, in a different borough.

Blackstone Can Wait 5 Years for Singapore Property Recovery (1)

(Bloomberg) -- Blackstone Group LP, which is taking part in the refinancing of luxury Singapore properties, is prepared to wait as long as five years for a turnaround in residential prices to see higher returns on the transaction.

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Leasing Notes

Interstate Auto Group, Inc. (CA) itself Heller Properties, LP Nick Zech and Matt Orth of CDC Commercial Inc Retail 3,208 square feet Escondido CA 92025 332 S. Escondido Blvd. 36 month an auto dealership selling used cars net $185,454 12/22/2014
GTC Systems Inc. itself PEI Asset Pool VIII, LLC Nick Zech and Matt Orth of CDC Commercial Inc Office 1,460 square feet Escondido CA 92025 504 W. Mission Ave., Suite 203 38 month an administrative office for an IT company modified gross $57,993 12/22/2014
Carmelita Lopez-Mitchell, a Chiropractic Corporation Nancy Murphy of CDC Commercial Third Avenue Professional Center, LLC Murphy Office 677 square feet Escondido CA 92025 325 W. Third Ave., Suite 106 3 year a chiropractic practize modified gross $31,527 12/22/2014
TitleMax itself Lopez Family Trust Charles Adolphe, Principal, of Lee & Associates Retail 4,116 square feet Chula Vista CA 91910 236 Broadway 5 year $426,000 12/18/2014
Bob's Smoke Shop itself Russo Suburban Enterprises Stewart Keith and Bill Thaxton of Flocke & Avoyer Commercial Real Estate Retail 712 square feet San Diego CA 92115 Campus Plaza 6165 El Cajon Blvd. 3 year a tobacco store $70,200 12/9/2014
Last Updated 12/22/2014

Top 5 Homesales

14-0556790 house San Diego CA 92129 13158 Mesa Crest Pl Le Wang and Wei Zheng Ion Niciu-Chiuaru and Almira Niciu-Chiuaru 306-311-56 $785,500 12/18/2014 12/23/2014
14-0556792 house Fallbrook CA 92028 636 Inverlochy Dr Rodger Staha and Carol J. Staha James M. Bagdasar and Jan T. Bagdasar 106-551-18 $515,000 12/18/2014 12/23/2014
14-0556823 house San Diego CA 92127 16673 Nicole Ridge Rd Spic Del Sur, LLC Banikumar Maiti and Manisha Maiti 678-231-05 $777,000 12/18/2014 12/23/2014
14-0556839 house Oceanside CA 92056 1234 Larchwood Dr Howard C. Putnam and Lori J. Putman, trustees, Mark S. Lee 158-483-44 $473,000 12/18/2014 12/23/2014
14-0555037 house Valley Center CA 92082 14287 Calle De Vista Marsha E. Owston and Anne M. Nelson, trustees Dwain A. DeLoach and Lisa J. Vitale 189-282-14 $452,000 12/17/2014 12/22/2014
Last Updated 12/18/2014

Business News

In The News

Dec. 22, 2014, 5:00 P.M. -- San Diego’s business news has the USS Peleliu returning to Naval Base San Diego on Dec. 24 and our technology correspondent Phil Baker is out with his favorite gadgets for 2014.

SDAR Scoop

SDAR Scoop December 2014

Dec. 8, 2014 -- George Chamberlin and Leslie Kilpatrick, president of the Greater San Diego Association of Realtors, discuss recent drops in sold listings, month-over-month median prices, and also SDAR's upcoming, rescheduled annual Holiday House Charity Drive taking place Wednesday, Dec. 17.

Real Estate Videos

Stath Karras on new role at Burnham-Moores Center

Dec. 11, 2014 -- George Chamberlin sits down for a talk with Stath Karras, who will be taking over the role as executive director for the Burnham-Moores Center for Real Estate at the University of San Diego in January.

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Who's Who in Real Estate - 2014

Read about some of the major real estate players in San Diego, current market trends and this year's TOBY Award- winning properties.

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The Real Deal

Join The Daily Transcript in recognizing the 2013 commercial real estate deals of the year. We'll look at top commercial leases and sales over the past year, and see what's in store for 2014.

Environmental Innovation

Keep up with the latest green products, eco-friendly buildings and environmentally innovative businesses in San Diego.

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University Heights

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