SAN DIEGO-A new report finds commercial construction slowed in San Diego County for January. New commercial construction in January amounted to just $5 million, roughly $65 million less than one year ago.
OCEANSIDE, CA-City plans for a large commercial project at Mission Avenue and Canyon Drive are on the back burner. The City Council has instead opted for about 190 units of senior housing on five of the eight acres, with three acres along Mission Avenue remaining for a strip shopping center.
OCEANSIDE, CA-The often-postponed Manchester Resorts hotel project could face yet another delay. City officials say a hearing date for the hotel project before the California Coastal Commission could be moved from the commission's April meeting to its June meeting.
SAN DIEGO-San Diego-based Paragon Steakhouse Partners Inc., which has restaurants in 11 states, filed in U.S. Bankruptcy Court in Riverside. The chain plans to close unprofitable restaurants and restructure, although it did not name which stores it will close.
SAN DIEGO-A retail real estate investment trust has reported higher earnings for the quarter and year following its major merger last year. The results also include the additional revenue from the acquisition of five open-air retail properties located in Florida.
SAN DIEGO-Two sales totaling $1.87 million for 131,975 sf of retail space have closed in the Winchester Meadows Shopping Center at the northeast corner of Winchester and Margarita Road in Temecula.
SAN DIEGO-A retail real estate investment trust has reported higher earnings for the quarter and year following its major merger last year. The results also include the additional revenue from the acquisition of five open-air retail properties located in Florida.
SAN DIEGO-Despite the local hospitality market is faring better than many others nationally; local hotels must take major steps to adjust in order to weather the recession, according to two separate reports.
OTAY MESA, CA-Tenants are still up in arms over higher rents at Brown Field. Community leaders will gather later this month in an attempt to resolve the issue.
CHULA VISTA, CA-Westwood Financial Corp. has acquired the 43,471-sf Eastlake Village shopping center shadow anchored by Vons and Rite Aid in a deal valued at nearly $10 million. The center is currently 97% occupied.