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.
As you drive through San Diego County, it's hard not to notice the extensive new construction underway. With high-rise buildings such as Diamond View Tower, Sunroad Spectrum, La Jolla Commons and mid-rise buildings such as Paseo Del Mar, Gateway at Torrey Hills and Centerpoint Plaza (to name a few), it is evident that we are in the thick of a development cycle.
Many in the commercial real estate industry believe the current cycle has peaked and will begin to level off in 2007. The results of several recent surveys of industry executives indicate that the unrestrained appreciation in commercial property investments that marked the last decade is coming to a halt.
One of the most environmentally conscious new master-planned communities in San Diego, Del Sur incorporates a host of design and construction practices to minimize its impact on the environment.
During the 30 months Phoenix Realty Group has been managing work force-housing funds in Southern California, most of its investments have been concentrated in traditional urban infill projects. Typically these developments are multifamily in nature and are located near the urban core. They involve either the adaptive reuse of an existing building or new construction on former industrial sites.
In the late 1990s, the city of San Diego and the United States Navy made waves when they began the process of transitioning the former Naval Training Center (NTC) in Point Loma to civilian use.
Town centers serve as the heart of master-planned residential communities. They are where residents come together to shop, socialize and feed their lifestyles. Through their architectural design, shopping choices and entertainment opportunities, town centers mirror the overall character of communities, and tie together neighborhoods within.
The historic North Chapel in Point Loma is ringing in a new era after undergoing an ambitious renovation effort to the tune of $1.35 million.
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 the prestigious Real Estate Trends 2007 Conference today, from 7 a.m. to 12:15 p.m. at the Jenny Craig Pavilion on the University of San Diego campus, located at 5998 Alcala Park.
While legal reforms such as the 2002 Brownfields Liability Act have significantly improved defenses to liability, the risk associated with acquiring sites containing quantities of hazardous materials can still be significant.
SAN DIEGO -- Burnham Real Estate * Oncor International, a provider of commercial real estate services with offices throughout Southern California and Nevada, announced that it has initiated a broad regional expansion through mergers with two highly regarded real estate brokerages, one in Temecula and the other in Las Vegas.
SAN DIEGO -- Charles Schwab & Co. Inc. is the first tenant to lease at the new $40 million Pinnacle Executive Centre in Rancho Bernardo. The financial services firm signed a five-year lease for 5,207 square feet of corporate office space. Via Frontera Inc., with Chris Coseo as president, is the lessor and project developer.
Landfills and power plants are not the only projects that communities oppose. Earning neighborhood support for any type of development -- be it a new shopping mall or small retail center -- can be challenging for developers.
The U.S. Environmental Protection Agency (EPA) recently finalized new federal due diligence standards for "all appropriate inquiry" (AAI) as it applies to environmental property inspections known as Phase I site assessments. The rule has resulted in the revision of the American Society for Testing Materials (ASTM) Phase I site assessment standard, potentially affecting every real estate transaction in the United States.
It is clear that large private equity investors and public REITs have realized the efficiencies inherent in buying an entire REIT as opposed to bidding in a competitive frenzy for individual trophy assets in the open market.
Escondido-based Realty Income announced Wednesday that it has completed the acquisition of 144 Buffets/Ryan’s restaurant properties.
CB Richard Ellis Group Inc. (NYSE: CBG) a commercial real estate broker, has agreed to buy Trammell Crow Co. for $1.8 billion in cash.
As the amount of land available for development in San Diego County decreases, local structural engineers are discovering different building/design techniques that would allow for more economical and earthquake-resistant high- and mid-rise developments.
BioMed Realty Trust continues to acquire biomedical facilities on both coasts at a blistering pace, and capital isn't a problem.
There aren't many places left to build in Oceanside, but Jane McVey is making the most of what's left.
Lots of retail construction is about to come on stream, and it looks like it will be absorbed in short order if it hasn't been already.
There could be too much office building occurring, but that's not happening in the industrial sector.
For the first nine months of 2006, the total value of all building permits in San Diego County is $566 million less than the permits for the same period last year.
Since the Chula Vista City Council approved preliminary negotiations for a 1,500-room resort on the city's bay front, two issues have arisen: infrastructure funding and clarification of the environmental impact report.
The San Diego chapter of the Associated Builders and Contractors recently awarded its Excellence in Construction Awards to 19 local, nonresidential projects representing the best construction completed in 2006.
San Diego real estate industry leaders met at The Daily Transcript Thursday for a roundtable discussion on the state of the commercial property market and their forecasts for 2007.
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.
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.
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.