|
SAN DIEGO–The Downtown San Diego submarket, and Pacific Gate in particular, is attracting Baby Boomers who are swapping out their single-family suburban homes for the convenience of condo living in an urban setting, Bosa Development's director of sales and marketing Bemi Jauhal tells GlobeSt.com. The Top Tier Estate Collection at Pacific Gate by Bosa is a luxury community that has been “under the radar” since the new residences started selling a year ago. We spoke with Jauhal about the luxury-residential condo market, whom it is targeting and how these buyers and residents differ from apartment and single-family dwellers.
GlobeSt.com: Whom is the luxury-residential condo market targeting?
Jauhal: Downtown San Diego, and Pacific Gate in particular, is attracting Baby Boomers who are swapping out their single-family suburban homes that require significant upkeep for the lock-and-go convenience of condominium living in an urban setting. They appreciate being within walking distance to restaurants, parks, shops, and public transportation, whether it's a couple who currently live in a sprawling home in North County San Diego or retirees from the desert wanting an urban coastal environment and lifestyle.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
