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McCarthy Tops Out Steel Construction of New $110 Million Math and Science Building

McCarthy Tops Out Steel Construction of New $110 Million Math and Science Building

By Gabriel Circiog, Associate Editor McCarthy Building Companies has topped out steel construction for a new four-story Math and Science Building at San Diego Mesa College. The 206,000-square-foot facility, located at 7250 Mesa College Drive in the Clairemont area of San Diego, was designed by Architects | Delawie Wilkes Rodrigues…

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The Village at Market Creek Awarded LEED-ND Silver Certification

The Village at Market Creek Awarded LEED-ND Silver Certification

By Gabriel Circiog, Associate Editor The Village at Market Creek has become the third project in the country to receive LEED Neighborhood Development approval after receiving a Silver designation under the LEED-ND rating system. The LEED-ND application process for The Village was funded through a grant awarded in partnership by…

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Excel Trust Acquires La Costa Towne Center

Excel Trust Acquires La Costa Towne Center

By Gabriel Circiog, Associate Editor The retail-focused REIT Excel Trust has acquired La Costa Towne Centre, a retail shopping center in Carlsbad, for approximately $23.5 million. Located at 7710-7770 El Camino Real, the property has around 121,000 square feet of gross leasable space and is anchored by Vons, a division…

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San Marcos High School Honored for Green Design and Planning

San Marcos High School Honored for Green Design and Planning

By Gabriel Circiog, Associate Editor The San Marcos Unified School District has been honored by the Coalition for Adequate School Housing (C.A.S.H.) and the American Institute of Architects California Council (AIACC), for the green design and planning of the San Marcos High School. Designed by San Diego-based school architecture firm,…

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OneRoof Energy Brings 100 New Green Jobs to San Diego; LaSalle Investment Management Expands Portfolio

OneRoof Energy Brings 100 New Green Jobs to San Diego; LaSalle Investment Management Expands Portfolio

By Gabriel Circiog, Associate Editor Mayor Jerry Sanders, CleanTECH San Diego and OneRoof Energy have announced the creation of over 100 new green jobs. OneRoof Energy is the first U.S. residential solar company working directly with roofers to sell and install its solar systems. Last year, the company received $50…

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Carmel Partners Plans Multifamily Project in San Diego; Belmont Village Sold to REIT

Carmel Partners Plans Multifamily Project in San Diego; Belmont Village Sold to REIT

By Gabriel Circiog, Associate Editor San Francisco-based real estate firm Carmel Partners, through CPIII CentrePoint LLC, has acquired a 8.93-acre parcel located at 6303 El Cajon Boulevard in San Diego, according to www.rentv.com. The property was acquired from CentrePoint LLC, an entity of Douglas Wilson Investments LLC for $14 million.…

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Connections Housing Project Breaks Ground and Aims to End Homelessness in San Diego

Connections Housing Project Breaks Ground and Aims to End Homelessness in San Diego

By Gabriel Circiog, Associate Editor Local business and city leaders have embarked on a new project that is aiming to provide permanent housing to San Diego’s homeless population. The Mission Times Courier reports the groundbreaking of the project took place on January 26 on the rooftop of a 6th Avenue…

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Fat City Lofts Project in Danger as CCDC Votes in Favor of Solar Turbines

Fat City Lofts Project in Danger as CCDC Votes in Favor of Solar Turbines

By Gabriel Circiog, Associate Editor The Center City Development Corp. board has cast its vote on the Fat City Lofts development. As previously reported, Solar Turbines has opposed the project arguing that coexistence with the planned 232-unit apartment development would be virtually impossible. The company stated that the development would…

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Joint Venture Acquires 7,654-acre CalPERS Portfolio, Including Merriam Mountain

Joint Venture Acquires 7,654-acre CalPERS Portfolio, Including Merriam Mountain

By Gabriel Circiog, Associate Editor San Diego-based Newland Real Estate Group LLC has formed a new joint venture with North America Sekisui House LLC, a division of a major Japanese development company, and has thus acquired the largest operating portfolio of residential master-planned communities in the United States. The San…

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Hines Signs 15-Year Lease at La Jolla Commons Campus

Hines Signs 15-Year Lease at La Jolla Commons Campus

By Gabriel Circiog, Associate Editor The San Diego office of international real estate firm Hines has recapitalized its 12.3-acre premier mixed-use La Jolla Commons campus. Hines also executed a 15-year lease for a new 415,000 square foot office building which will be built on the campus located in San Diego’s…

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MG Properties Group Expands Portfolio; Marcus & Millichap Brokers Sale of Sabre Springs Business Park

MG Properties Group Expands Portfolio; Marcus & Millichap Brokers Sale of Sabre Springs Business Park

By Gabriel Circiog, Associate Editor MG Properties Group has acquired a 168-unit multifamily property in the university district of San Marcos, according to RenTV.com. The property, Barham Villas Apartments, was purchased from New York-based TGM Associates L.P. for an undisclosed amount. The property features a mix of one- , two- and…

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Marriott Marquis Hotel and Marina $182 Million Upgrade Project Reaches California Coastal Commission for Final Approval

Marriott Marquis Hotel and Marina $182 Million Upgrade Project Reaches California Coastal Commission for Final Approval

By Gabriel Circiog, Associate Editor The San Diego port directors have approved the upgrade project for the Marriott Marquis hotel and marina. Signon San Diego reports the plan is off to the California Coastal Commission for final approval. The $182 million project features interior remodeling, replacing the Marriott Hall which…

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