Real Estate News Archive

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Showing 1-20 of 1834 stories from the past year.

This column is the third of four-part series on building and maintaining Legacy Wealth. Rehabbing apartments was my first article; repositioning apartments was the second. Now we will consider investing in classic building in highly desirable areas. Think the beach or Mission Hills.

Life science space is tightening up in San Diego County, according to reports compiled by JLL and Cushman & Wakefield.

In a transaction that included 16 San Diego-area properties totaling nearly 1 million square feet, Singapore-based Global Logistics Properties has paid a reported $8.1 billion to acquire 997 properties totaling some 117 million square feet in the United States.

Real estate coaches help hold agents accountable as they grow their business. The decision to hire a real estate coach comes with a significant financial investment, but companies tell potential clients the rewards can be high.

(AP) -- U.S. construction spending fell in January, reflecting weakness in spending on office buildings and other nonresidential projects and in government activity (see chart above).

Rancho Bernardo-based BioMed Realty Trust Inc. (NYSE: BMR) announced Monday that it has approximately 313,000 square feet of life science space available in Cambridge, Mass., as the result of lease terminations by Vertex Pharmaceuticals.

The three-story, four-unit apartment at 3384 Carlsbad Blvd., Carlsbad 92008, has been sold for $2,267,500 or $566,875 per unit.

Leasing Notes are updated twice weekly and are now available in a fully searchable database format at www.sddt.com/databases/leasingnotes/.


Business and professional groups will offer a range of activities this week.

LOS ANGELES – California pending home sales rose from December's extreme lows and posted month-to-month and year-to-year increases in January, the California Association of Realtorys (CAR) reported this past week.

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

(AP) -- Farmers in parts of California's Central Valley say that for a second year running they anticipate receiving no irrigation water from a federally operated system of canals and reservoirs.

The Clubhouse at Imperial Beach, the 134-unit apartment in the South Bay community of Nestor at 1555 Satellite Blvd., San Diego 92154, has been sold for $22.02 million.

Ben Tashakorian, first vice president of investments, and Stuart Fagan and Jessie Prentice, investment specialists in the San Diego office of Marcus & Millichap, represented the seller of the 47,000-square-foot flex industrial building in South Bay at 3055 Del Sol Blvd., San Diego, for $4.9 million. The seller was Arch Investments LLC. The transaction was reported in The Daily Transcript on Feb. 16.


Palm Beach, Fla.-based Chatham Lodging Trust (NYSE: CLDT) says it has acquired the 240-room Residence Inn San Diego Downtown-Gaslamp Quarter for a reported $90 million or $375,000 per room.

More than 11,000 homes in the San Diego-Carlsbad region are at high risk for wildfire damage, according to CoreLogic.

As San Diego County runs out of open land to develop, neighborhoods are likely to change as they grow and become more diversified. But as this transformation takes place, there are stories to be told not just about a neighborhood, but through it, as it is redesigned.

Both sides in the battle over the future of the former Escondido Country Club site made their last pitches Thursday to the judge who will decide whether to invalidate a general plan amendment declaring the property as open space.

The 264-suite former Sheraton located downtown at 701 A St., San Diego 92101, has been sold for $50,030,800.

More than 11,000 homes in the San Diego-Carlsbad region are at high risk for wildfire damage, according to CoreLogic.

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