LYNNWOOD, WA-The $31-million facility's design is really starting to firm up, as the schematic of the building is now complete. Detailed design plans are currently being developed with construction of the project slated to begin in 2003.
SAN DIEGO, CA-According to a recent report by First American Real Estate Solutions, the San Diego County housing market is "expected to maintain its strong and positive character" over the next year.
OCEANSIDE, CA-Work is underway on the first speculative office building this city has seen for lease in more than 10 years. The 23,000-sf class A project is rising in the Rancho del Oro business park.
EL CAJON, CA-San Diego County Medical Buildings LLC will use the capital to refinance the existing loan on the El Cajon Medical Office Building. Located at 1625 E. Main St., the facility encompasses 18,765 sf.
SAN DIEGO, CA-Structured as a tax-free reorganization with real estate assets valued at $301 million, the merger has resulted in the addition of 2,683 units to Essex's San Diego County apartment portfolio.
SAN DIEGO, CA-According to a new report by Hendricks & Partners, multifamily demand here has strengthened over the past four quarters with "substantial improvement" experienced in the third quarter of 2002.
SAN DIEGO, CA-Private investors Steven Lizanich and Michelle Hayden of Del Mar purchase the circa 1927 multifamily complex, which was originally built as the officials' quarters for the World Expo.
ENCINITAS, CA-Aetna Life Insurance Co. sells the shopping center to CDMPY El Camino LLC, which plans to hold the property as an investment. Located at 141-215 S. El Camino Real, the complex encompasses 89,243 sf.
CHULA VISTA, CA- Eagle Real Estate Group finances the multifamily acquisition with two issues of multifamily revenue bonds issued by the City of Chula Vista. As a result, the new owner will set aside 20% of the complex's units for low-income tenants.
SAN DIEGO, CA-The County of San Diego acquires a 90%-occupied, 16,670-sf building that it plans to hold for future space needs. The seller is 1168 Union Street LLC.