SAN DIEGO, CA-The discount merchandise store moved into its new 9,800-sf space earlier this month. The San Diego retail market is expected to wind down 2002 with an average vacancy rate of less than 5%.
SAN DIEGO, CA-The county's industrial net absorption recovered dramatically during the third quarter of this year, as a new report from Burnham Real Estate Services says it stood at 900,000 sf or 60% of the total year-to-date net absorption. This figure illustrates that San Diego's industrial market is already on the mend, well ahead of the national recovery slated for mid-2003.
SAN DIEGO, CA-The Currie Partners is preparing to start work on Phase II of its $12.5-million Rio San Diego Plaza, with groundbreaking just a few months away. Design is currently underway, as KMA Architecture & Engineering has recently been retained to plan the second phase.
SAN DIEGO, CA-The Currie Partners is preparing to start work on Phase II of its $12.5-million Rio San Diego Plaza, with groundbreaking just a few months away. Design is currently underway, as KMA Architecture & Engineering has recently been retained to plan the second phase.
VISTA, CA-The buyers, Kent and Sylvia Curl dba Aloha Motors, plan to build a used car sales dealership on the 77,000-sf property. The lot fronts Highway 78 at 1611 W. Vista Way.
ONTARIO-Allen Properties snaps up the 142-unit complex, known as Rose Garden Apartments. Located at 2945 S. Sultana Ave., the property was built in 1987. It was 96% occupied at the time of sale.
LA JOLLA, CA-Advanced Tissue Sciences Inc./Dermagraft Joint Venture, which is now owned by Smith & Nephew, has renewed its 85,000-sf headquarters lease in La Jolla for another 10 years. The transaction is valued at $20 million.
SAN DIEGO, CA-The Raymond J. Lucia Cos. Inc. signs a seven-year lease for 11,000 sf of office space in Legacy Sabre Springs. The 281,830-sf class A office project consists of two buildings that are located at 13500 and 13520 Evening Creek Drive North.
CARLSBAD, CA-Located at 2600 Kremeyer Circle, the apartment community consists of 16 buildings that house a total of 102 units. Amenities include a resort-style swimming pool and spa, as well as a clubhouse facility that includes a business center, fitness center, audio/video room, leasing office and sun decks.
SAN DIEGO-According to a recent report on the region by Colliers International, the investment market throughout San Diego County has been hit with a hot new trend of converting apartment properties into condominium complexes.