There haven't been many huge leases since the beginning of the year, but some were notable. The largest industrial lease by dollar value, according to data provided to The Daily Transcript during the first quarter, was AleSmith Brewing Co., which quintupled its industrial space with a $9.7 million, 11-year lease for 105,600 square feet at 9990 Empire St. in Miramar. The property, leased from locally based Westcore Properties, will undergo substantial renovations before AleSmith occupies it January 2015.
From Jan. 1, 2014 to May 22, 2014.
From Jan. 1, 2014 to May 22, 2014. Sale price is approximate and listed by tax value.
The U.S. Environmental Protection Agency has recognized the Building Owners and Managers Association (BOMA) International with a 2014 Energy Star Partner of the Year Sustained Excellence Award for its continued leadership in protecting the environment through a superior commitment to energy efficiency. BOMA International has received seven Energy Star awards and remains the only commercial real estate association to have received this honor.
J&M Keystone Inc. has been providing fire restoration services for people and businesses in San Diego for nearly 30 years. The team has helped its clients deal with fire damage repair, site cleanup, smoke deodorization, water extraction and treatment, duct cleaning and replacement, and many other tasks and.
Many business professionals are unaware how success or failure in the building industry affects everyone in the region. Yes, the San Diego employment base is heavily weighted with telecom, biotech, pharmaceutical and tourism. But no other single industry in San Diego casts such a wide net of influence on the economy as does the local building industry. Whether it is commercial, residential, or even mixed-use projects, the impact on our economy is substantial.
Green Seal Inc., the leading organization in identifying and promoting sustainability in the marketplace, announced that the Sheraton San Diego Hotel & Marina has been recertified with the Green Seal Standard for hotels and lodging properties at the gold- level.
A new national funding program is lifting the prospects of some of San Diego’s disadvantaged neighborhoods with new businesses and jobs, better affordable housing and help for families who need to stabilize their financial outlook.
Whenever a wildfire, hurricane or some other natural disaster threatens an area, residents are told to evacuate for their safety.
Through the first five months of 2014, the capital marketplace for commercial and multi-housing real estate has continued to demonstrate great depth and efficiency. Owners, buyers, and (once again) developers are enjoying the availability of competitive financing from the deepest pool of capital sources seen since before the economic downturn.
The economic collapse that began in 2008 paralyzed global capital markets and striped many trillions of dollars in wealth from the global economy. While recent years have brought a slow but steady recovery to the United States and abroad, the legacy of this event has been fear, uncertainty and impatience for many owners of commercial real estate. However, with fear and volatility comes opportunity for those willing to venture back into the market.
With a hot news cycle about companies leaving San Diego for “business-friendly” cities in Texas, the companies that choose to stay in or relocate to San Diego get less attention, which begs the question, are we getting the full picture?
The single biggest political issue facing California commercial real estate is the effort to overturn Proposition 13.
Reis Inc. (NASDAQ: REIS), a leading provider of commercial real estate market information and analytical tools, and the Building Owners and Managers Association (BOMA) International, recently announced a new marketing alliance providing BOMA members with specialized pricing for ReisReports. Under this arrangement, BOMA will provide its members access to the ReisReports website at www.reisreports.com, where they can learn about and subscribe to Reis’s industry-leading commercial real estate market and transaction data. BOMA will also promote ReisReports to its members through its website, email and other channels.
The San Diego Building Owners and Managers Association (BOMA), in partnership with BOMI International, will host a budgeting and accounting course June 26 to 28. The three-day class will cover the essentials to creating building and facilities’ budgets and will give students the opportunity to apply concepts within the real property and facilities context. Instructor Joe Maldonado will lead the course.
This story is true. The names are changed and the figures have been rounded to more clearly show how this family benefited.
Home prices in San Diego County’s submarkets vary hundreds of thousands of dollars based on geography and quality of the school districts, local real estate professionals say.
The state of the county's multifamily market was the topic of a recent roundtable discussion at The Daily Transcript offices.
The value of a construction project manager is mistakenly overlooked by many owners -- until major problems threaten to turn their dream project into a nightmare.
Owning your own place is as about as American as apple pie. But it's not only individuals wanting to buy their home; business owners also want their own place to operate their business.
Living and specializing in Point Loma have worked out well for Diane Sullivan, broker associate at Pacific Real Estate Group. In a time of tight housing inventory, she completed 24 transactions last year.
Gain insight into some of the latest news and local trends in this Real Estate Regional Report.
Gain insight into some of the key issues facing the real estate industry in this Real Estate Regional Report.
This special report provides updates on some of the major developments around the county and offers insight into some of the key issues facing the industry.
Gain new insight into some of the key issues facing the real estate and building industry in this Real Estate Regional Report.
Get updates on local markets and current developments, and take a closer look at the nominees of this year's Smart Growth Awards.
Get updated on some of the latest developments around San Diego County, and gain new insight into some of the key issues facing the building industry.
This special report provides updates on some of the major developments around the county and offers insight into some of the key issues facing the building industry.
Read up on the latest real estate developments in demand in San Diego County and gain insight into some of the key issues facing the building industry.
In this special report, we explore new developments around the county and discuss some of the issues facing the industry -- such as affordable housing, land use and commercial real estate demands. The Daily Transcript is also the media sponsor of the Workforce Housing Conference presented by USD's Burnham-Moores Center for Real Estate, an event that focuses on solutions to the workforce housing crisis and features individuals from the public sector, labor, employers, environmental coalitions, military and the real estate industry.