“The Unified Port of San Diego has released six proposals for developments targeting 70 acres of prime downtown San Diego waterfront property, including the current site of the iconic Seaport Village.” ” Plans by a locally based group known as Protea Waterfront Development for a project including hotels and retail; a ride called The Spire; […]
DEVELOPER PLANS SCRIPPS RANCH TECH PARK WITH CREATIVE OFFICE AMENITIES
“Two growing San Diego economic drivers, biotech and defense, are boosting real estate development…” “While build-to-suit tenants are preferred, with growing demand for office and R&D space, she tells us her company is considering building on spec and will likely kick off development at Scripps Ranch Tech Park with 164k SF of office/flex space on 12 […]
Retail Projects Follow New Residential Sites
“San Diego County has 5 million square feet of retail in the planning pipeline…” “Space constraints, among other barriers to entry, have long accounted for a dearth of new ground-up retail construction in San Diego County, where many of the retail projects in recent years have been redevelopments of existing centers, rather than wholly new […]
Paying the Price
Excerpt from article: Low Vacancy Rates and High Demand Are Pushing Apartment Rents Higher, And the Trend May Continue. Good news for landlords, who have seen average monthly rents rise 5.9 percent in the past year, to $1,422 at the end of 2015 — a figure that is expected to increase by nearly an additional […]
Economic Growth is Driving Tightening San Diego Office Market
Excerpt from article: San Diego County’s office market was strong in the first quarter of this year, reversing the trend of increasing vacancy and boosting asking rents. In the first quarter, San Diego County office vacancy dropped by 42 basis points from Q4 2015 to 12.4%, according to Colliers International’s office report, which tracks transaction […]
Little Italy Is Brimming With New Projects In Downtown San Diego
Excerpt from article: CityView is in the middle of one Downtown San Diego project and already looking with its JV partner for future opportunities A JV of LA-based CityView and locally based CityMark Development is underway on AV8, a six-story, 129-unit mixed-use project with 7,600 SF of retail, in Downtown San Diego’s Little Italy neighborhood […]
$40M Mixed-Use Complex Debuting Soon in Rancho Santa Fe
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 […]
Creating Surreal Spaces for Makers, Innovators and Entrepreneurs
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 […]
Brewing Scene Experiences Changes as the Sector Expands
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
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 […]