The Daily Transcript partners with USD's Burnham-Moores Center for Real Estate and Urban Land Institute -- San Diego to present this annual overview of our local commercial real estate landscape. This section offers expert advice from the region's leaders regarding the latest industry trends, issues and market predictions.
Demand for San Diego industrial space just keeps getting stronger, according to a study released by Burnham Real Estate.
The Macquarie group is a diversified international provider of specialist investment, advisory and financial services in select markets around the world.
Downtown San Diego's first office condominium project has just released its first units for sale, marking another key milestone in the redevelopment of East Village and the revitalization of the historic TR Produce Warehouse building.
Renovation work at the 163,869-square-foot, 22-year-old Mission Center in Oceanside has begun and should be completed in spring 2006, according to owner Chris Coseo, who purchased the neighborhood shopping center for $19,075,000 from a Los Angeles-based partnership in July 2003.
San Diego's commercial real estate professionals traded their ties and heels for jerseys and sweatbands recently to compete in the 2005 San Diego Real Estate Challenge to benefit the Monarch School for homeless and at-risk children. The all-day sports event and auctions raised about $125,000 for the downtown school that provides an accredited education in addition to basic needs.
A surge in third quarter leasing activity, including 633,000 square feet of space absorbed, virtually assures that the San Diego office market will reach -- if not exceed -- 2 million square feet of positive net absorption for the year, a Burnham Real Estate study shows.
David Onosko and Ron King, SIOR of Coldwell Banker Commercial-Almar Real Estate Group have completed the sale of the 350-acre Ocean Ranch Corporate Center, totaling a remarkable $150 million in consideration.
Grubb & Ellis|BRE Commercial places a strong premium on training and developing its professionals. In addition to advanced education for its mid- to senior-level brokers, the company has also implemented a program for the next generation of brokers called Professional Career Training or PCT. This year's group includes first-year brokers, runners and researchers looking to transition into brokerage.
The Institute of Real Estate Management (IREM) consists of 16,000 real estate management professionals and more than 530 real estate management firms.
The Burnham Way netted nearly $90,000 at its recent annual fundraising event, double the amount raised last year and benefiting local charities including Alpha Project, Casa de Amparo, H.O.M.E.S. INC., Home Start, Polinsky Center, Nativity Prep Academy and San Diego Youth and Community Services.
A North American will turn 60 every eight seconds, according to Ken Dychtwald, a keynote speaker at the Urban Land Institute's fall meeting held from Nov. 1 to Nov. 4 at the Los Angeles Convention Center.
The University of San Diego's Burnham-Moores Center for Real Estate and the Urban Land Institute San Diego/Tijuana Chapter (ULI) are teaming up to present a special Trends Conference on Monday, Nov.21 from 7:30 to 11:45 a.m. at the Jenny Craig Pavilion on the University of San Diego campus, located at 5998 Alcala Park.
The Institute of Real Estate Management (IREM) has created a new level of membership called "Student Member."
Senior housing is a unique real estate investment opportunity due to demand factors that are independent of consumer demand, business cycles and interest rates.
The Urban Land Institute (ULI) held its annual fall meeting Nov. 1-4 at the Los Angeles Convention Center. The meeting offered a chance for real estate professionals to learn about various trends and issues impacting the real estate industry.
On Oct. 26, representatives from four California Senate and Assembly Committees came together to hear expert and public testimony on the issue of redevelopment and blight. This California Joint Interim Committee Hearing is the first of two scheduled to brief state representative on the affects of the June 2005 United States Supreme Court ruling Kelo vs. City of New London in preparation for the 2006 California legislative session reconvening in January.
Following a major earthquake, one with a magnitude of 5.5 and above, serious injuries are likely, which requires hospitals to be fully operational and free of structural and nonstructural damage. To ensure this, California hospitals are required to comply with Senate Bill 1953, which following the 1994 Northridge earthquake amended previous hospital safety acts.
As the Base Realignment and Closure process nears an end and no San Diego facilities will feel the wrath of BRAC, steps needed for the redevelopment of the coveted Broadway Naval Complex are already under way.
NEW YORK -- A Dubai-based investment firm said Thursday it has purchased 230 Park Avenue, a 34-story midtown Manhattan office building commonly known as the Helmsley building that sits above Grand Central Terminal's underground commuter train and subway complex.
The 42-story Goldman Sachs tower in Jersey City, N.J., sits just feet away from the Hudson River, a major flyway for migratory birds. To keep white-throated sparrows and gray catbirds from smashing into the skyscraper at night, its architects devised a lighting system on the upper floors that doesn't distract the high-flying birds.
A project in Otay Ranch will be among the newest apartment projects to be converted to condominiums, but some wonder if there is already a glut.
Apartment sales have tanked, high prices may be hurting the market, and there could be a glut of condominiums in some markets.
A local bank is helping to fund one of the largest convention center hotel projects in the country right now, and it's right here.
The Board of Port Commissioners agreed to enter into an exclusive negotiating agreement with Gaylord Hotels to develop a major 1,500- to 2,000-room hotel and 400,000-square-foot convention facility on the Chula Vista bay front.
Columbia Court, a four-story, 28,233-square-foot corner office building at 444 W. C and 1121 Columbia streets in downtown San Diego 92101, has been sold for $6.3 million.
A pair of locally based retail real estate investment trusts continued to post strong results in the third quarter, and a recently formed biomedical REIT continues to acquire properties across the country.
Investors continue to hunger for San Diego office properties, and the head of CB Richard Ellis here says he can't remember a stronger market.
While many San Diego submarkets experienced negative retail absorption in the third quarter, Murrieta continues to gobble up space.
The lack of a "complete" City of Villages is viewed as a big mistake, and the developer of Rancho Bernardo says master-planned communities are dinosaurs.
NEW YORK -- A Dubai-based investment firm said Thursday it has purchased 230 Park Avenue, a 34-story midtown Manhattan office building commonly known as the Helmsley building that sits above Grand Central Terminal's underground commuter train and subway complex.
The 42-story Goldman Sachs tower in Jersey City, N.J., sits just feet away from the Hudson River, a major flyway for migratory birds. To keep white-throated sparrows and gray catbirds from smashing into the skyscraper at night, its architects devised a lighting system on the upper floors that doesn't distract the high-flying birds.
Explore the latest industry trends, issues and market predictions.
Explore the latest industry trends, issues and market predictions.
Learn about the latest industry trends, current market reports, new developments, real estate financing and more in this special section.
This special report, created in partnership with the Urban Land Institute, features an overview of the local commercial real estate landscape and advice from the region's leaders regarding the latest industry trends, issues and market predictions.
This special report features an overview of our local real estate landscape, as well as advice regarding the latest industry trends, issues and markets. The Daily Transcript is proud to be the media sponsor of the fourth annual Commercial Real Estate Conference: Trends 2005, presented by USD's Burnham-Moores Center for Real Estate on November 15. This special report will be handed to all attendees of this forecast.
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