San Diego

Rendering of The Park

San Diego Dev Project Had the Ambition, Now Has the Money

Upscale residential project in Bankers Hill is now a go following financing.

Courtyard on 68th

Bascom Snags San Diego Rental Property

The Bascom Group expands its multifamily portfolio following the acquisition of a San Diego apartment community.

San Diego Hotel Trades for a Premium

San Diego hospitality has had a solid 2015, driving up interest in the city’s properties.

Rising Multifamily Rents Lure More Investors

As San Diego rents continued their growth through 2014, and are projected to follow a similar upward trend, investors are looking to establish a presence in the market, or cash in on their existing asset while values rise.

UCSD Awards Big Contract for La Jolla Project

General contractor Rudolph and Sletten Inc. was recently awarded an important preliminary contract for the development of a medical facility for UC San Diego Health Services in La Jolla. The company is now set to start work on an outpatient pavilion, with the contract set at around $78 million, and expected to be booked during Q3 of this year. The facility that Rudolph and Sletten Inc. is set to construct will act as support for the Jacobs Medical Center.

TIAA-CREF Takes Kearny Mesa Office Asset

The Copley Corporate Center in the Kearny Mesa submarket recently traded hands. The Class A office asset was acquired by leading retirement provider TIAA-CREF through affiliate T-C Copley LLC. The investor reportedly paid seller Colony Realty Partners a fee of $43.5 million for the office complex. The deal was arranged by CBRE representatives Louay Alsadek, Kevin Shannon, Rob Merkin, Brad Black and Hunter Rowe on behalf of Colony Realty Partners.