Real Estate News Archive

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Showing 1-20 of 1817 stories from the past year.

David Crabb will join Cresa San Diego as the firm's new senior vice president, bringing with him more than 30 years of real estate brokerage and consulting services to a variety of clients in the San Diego and Southern California region.

National Stores Inc. is leaving its 600,000-square-foot regional distribution center in Otay Mesa to move into a new, comparably sized building developed by Sares-Regis (SRG) Commercial Development in Perris.

Park West Square, the two-level office building in the Bankers Hill neighborhood of Park West at 2121 Fifth Ave., San Diego 92101, has been sold for $2,975.000.

Victor Krebs, of Colliers International, represented the buyer in the Deal of the Week.

(AP) -- A cash-for-grass program is proving so popular during California's drought that a water wholesaler is considering boosting the budget for turf replacement rebates.

The 23,246-square-foot industrial/warehouse building in Kearny Mesa at 4070 Kearny Mesa Road has been sold for $4.42 million.

With the California housing market continuing its upward trend, pending home resales registered their fifth straight annual gain, with the last three months being in the double digits, the California Association of Realtors (CAR) said this past week.

The 32-unit Sail Bay Apartments complex in Pacific Beach at 1327-1335 Pacific Beach Drive, San Diego 92109, has been sold for $7,785,000, according to recorded documents.

(AP) -- A research firm says California home prices rose last month to a new 7½ -year high, as low interest rates and job growth lured buyers. Sales were brisk.

The 16-unit Hidden Villas Apartments complex at 970 E. Mission Ave., Escondido 92025, has been sold for $2.5 million, cash.

San Diego County's average apartment rents could nearly double between the benchmark years of 2010 and 2020 based on a 40-year history of such trends, according to an apartment broker and former San Diego councilman.

Business and professional groups are planning a range of activities this week.

A consulting firm headed by the wife of Assembly Speaker Toni Atkins was one of two respondents to a now-withdrawn solicitation issued by Civic San Diego and the San Diego Housing Commission seeking consultants to help develop and operate a planned $100 million investment fund.

The lessee and lessor in the Deal of the Week were represented by Josh McFadyen and Joe Crotty, of Colliers International.

The 20,000-square-foot lot at 520 W. Ash St and 1146 Columbia St. at the southern border of San Diego's Little Italy community has been sold for $12.8 million.

(AP) -- The sale is being finalized for the Senator Hotel in what a broker called an “unusual” online auction.

The 27,510-square-foot office building at 9737 Aero Drive, San Diego 92123, has been sold for $4.63 million.

One Paseo is going back to the drawing board, and, with promises for community comment and support from a competing shopping center, Kilroy Realty Corp. will revise its mixed-use development to halve the amount of traffic in Carmel Valley through fewer stores and offices.

The two-building, 37,398-square-foot Westlake Professional Center at 679 and 681 Encinitas Blvd., Encinitas 92024, has been sold for $8.5 million.

(AP) -- California state officials say one of the steel rods that anchors the Bay Bridge eastern span's tower to its foundation is fractured.

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