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$40M Mixed-Use Complex Debuting Soon in Rancho Santa Fe

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High-end beauty salon operator has been placed by Strategic Real Estate Group, Inc. in the brand new Cancha De Golf plaza in Rancho Santa Fe! Locally based developer Newport Pacific Inc. plans a midsummer opening for Palma de la Reina, a $40 million mixed-use complex being built at the entrance to the Whispering Palms residential […]

Big Development Opportunity Draws a Crowd of Contenders

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Excerpt from article: The Unified Port of San Diego has no shortage of companies looking to be part of what eventually replaces the iconic Seaport Village, on a portion of the downtown San Diego waterfront that spans 70 acres “This is one of those development opportunities that only comes around every 50 or 60 years,” […]

Commercial Real Estate Executive More Bullish on U.S. Economy than Globally in 2016

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Excerpt from article: Top real estate executives remain optimistic about the performance potential of the U.S. market, according to the findings of the 2016 Real Confidence survey Investors’ sentiment reflects the conventional wisdom that inflation is tame, interest rate increases might have already been figured into forecasts and the nation’s gross domestic product is poised […]

Strong Outlook Seen for California Commercial Real Estate Through 2018

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Excerpt from article: Despite higher interest rates and slower economic growth, confidence on the part of developers indicates a positive outlook for commercial real estate growth through 2018, according to a survey released Tuesday by UCLA economists. The favorable outlook is supported by job and income growth on the demand side and a lack of sufficient […]

Creating Surreal Spaces for Makers, Innovators and Entrepreneurs

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Excerpt from article: San Diego is on the water like three of the four other major West Coast cities (Seattle, San Francisco, Portland and LA), but Downtown SD is very different. San Diego is well-located and moving in the right direction compared to these other cities, he said, including efforts to put its stadium Downtown […]

The Big Bang Theory

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Excerpt from article: San Diego — While apartments and hotels have gone up downtown at a comfortable pace, it remains an open question whether there will be enough new office buildings to meet downtown boosters’ hopes for a vibrant commercial center For years, many have said the area needs an anchor tenant, a major corporation […]

Building Owners Enjoyed 2015 Property NOI Growth at Highest Levels Since 2007

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Excerpt from article: According to early analysis of securitized loan results through February of 2016, the commercial properties backing the loans posted strong net operating income (NOI) growth, increasing 3.8% on average in 2015. Average NOI for commercial property backing CMBS loans showed a big jump in 2015, compared with 2.66% in 2014 and 2.64% […]

Brewing Scene Experiences Changes as the Sector Expands

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Excerpt from article: Recent expansions, contractions and strategy recalibrations serve as reminders that the relatively young industry will not be immune to the financial and competitive laws of gravity impacting most other business sectors.          Vasquez noted that as of March 7, San Diego County had 119 brewing locations in operation, including breweries, brewpubs and tasting […]

Rankings Reveal Draw of S.D.’s Real Estate

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San Diego — Despite recent turmoil in financial markets, and partly because of volatility that makes real estate look stable by comparison, experts said San Diego is among markets capitalizing on job growth, demographic shifts, high barriers to entry for new construction, and a wide variety of investors looking to put cash to work as larger […]