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Real Estate
NEWS
Many of the nation's public homebuilders have begun to narrow their losses, and there are glimmers of hope in San Diego.
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In conjunction with previously announced lower prices on select homes that must close escrow by December 31, 2009, Brookfield Homes (NYSE: BHS) is now offering an additional $10,000 incentive to be used toward upgrades or closing costs on specific homes.
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The lessee of the Deal of the Week was represented by Eric Duncanson of Cushman & Wakefield. The lessor was represented by David Harper of Colliers International.
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A pair of adjacent apartment properties totaling five units overlooking the ocean in Ocean Beach at 1488-1496 Pescadero Drive and 4873-4875 Pescadero Ave., San Diego 92107, have been sold for $1.85 million.
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The inaugural issue of the Journal of Sustainable Real Estate has been released.
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The Borders Group (NYSE: BGP) announced Thursday that it will be closing about 200 mall stores, including book shops in Chula Vista, Carlsbad and Southwest Riverside County as early as January.
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Pardee Homes has released a new phase at its Carriage Run neighborhood scheduled to be available for move-in by May of next year.
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The Kaiser Foundation Health Plan Inc. has acquired the six-story, 175,000-square office building in Kearny Mesa at 5887-5893 Copley Drive in the Terraces at Copley Point complex for $53.33 million. The building is covered with a commercial condominium map recorded Oct. 7, 2009.
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After more than 11 years and 850-plus meetings, the County of San Diego's general plan update is still a year from completion.
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A 5,244-square-foot unit at 1349 Rocky Point Drive in Oceanside 92056, in the Pacific Coast Business Park has been sold for $650,000, cash.
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SPECIAL REPORT
Commercial Real Estate Trends 2009

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TOP 5 HOMESALES
Last Updated 11/6/2009

LEASING NOTES
Last Updated 11/6/2009





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Last Updated 11/6/2009
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