SAN DIEGO-Buyer ZM Properties LLC shells out $3.1 million for the 47,000-sf industrial asset that is located at 3055 Del Sol. The new owner plans to hold the facility as an investment.
CARLSBAD, CA-Aviara RSRC Associates is under way on the development of phase 5a of its timeshare project located on Kingfisher Lane in Carlsbad. This phase of the development, which had been postponed after the terrorist attacks of September 2001, is slated to be comprised of two wood-frame and stucco buildings upon build-out. Completion is scheduled for May 2005.
OCEANSIDE, CA-Janez Development breaks ground on the mixed-use condominium complex, which is slated for completion in 15 months. Design plans call for 38 condo units and 23,000 sf of retail and office space.
OCEANSIDE, CA-Janez Development breaks ground on the mixed-use condominium complex, which is slated for completion in 15 months. Design plans call for 38 condo units and 23,000 sf of retail and office space.
SAN DIEGO-A total of 1,045,000 sf of new retail space is currently under construction or in the works for Downtown San Diego, according to new research released by Burnham Real Estate. The brokerage firm's report attributes the surge in retail construction to demand brought on by new residential and office development in the area.
SAN DIEGO-The locally based developer, which specializes in residential projects, has applied for a Centre City Development Permit for its proposed project slated to rise at the intersection of Union and Beech streets in Little Italy.
SAN DIEGO-The locally based developer, which specializes in residential projects, has applied for a Centre City Development Permit for its proposed project slated to rise at the intersection of Union and Beech streets in Little Italy.
SAN DIEGO-Fremont Investment & Loan has furnished the financing, which Integral Partners is using to acquire Regents La Jolla, a luxury apartment community that the buyer is converting into a condominium complex.
SAN DIEGO-The Phoenix, AZ-based developer continues its expansion through Southern California with the opening of its new location in San Diego, which is being headed up by Chris Wood, director of real estate.
SAN DIEGO, CA-Vacancy is on the decline and rental rates on the rise in the local office market, according to recent research published by Marcus & Millichap. The report states that vacancy is on track to decline 50 basis points to 11.9%, while rental rates are expected to move up by 4%.