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Alexandria sold a fully leased Carlsbad office at 5600 Avenida Encinas for $64.1M — a figure well below earlier basis. The deal underscores continued repricing in San Diego’s office market.
A federal judge dismissed Geoff Palmer's challenge to San Diego's inclusionary housing rule, leaving his Kearny Mesa project subject to the city's 10% affordable-unit requirement.
City Council adopted a College Area update that creates room for about 18,000 homes near SDSU, setting a decades‑long blueprint for growth and sparking fights over parks and public safety.
Vacancy in San Diego's industrial market rose to levels not seen since 2012. A 427,000‑square‑foot lab lease helped Q4 absorption while broader leasing cooled.
Prime Administration bought the 264-unit Presidio at Rancho Del Oro in Oceanside for $102.5M, valuing the complex at roughly $388K per unit.
San Diego's apartment pipeline is growing while L.A.'s has stalled. Clear plans and faster permitting are helping projects get built.
Mayor Todd Gloria says Midway Rising will move forward despite a court ruling that restored the Midway 30‑foot height limit. The city has extended negotiations and is weighing legal and planning options.
Phase one of a multi‑phase renovation at Grossmont Center has begun, refreshing storefronts, plazas and walkways while Macy’s prepares to close in 2026.
The 340‑room Embassy Suites in UTC sold for $111M to Ascendant Capital Partners, about half its 2021 price; the buyer plans roughly $20M in renovations.
Developers behind the Pangaea plan have six months to secure an elite tennis partner and complete key studies for a 124‑acre Chula Vista bayfront proposal. The Port approved a short ENA to test the project’s viability.
Fiesta de Reyes secured a 30‑year concession extension and sold a majority stake to ExplorUS, with $3M set aside for Parcel 20 and $10M planned over the contract.
Two mixed‑use towers would finish Oceanside's nine‑block plan. Neighbors warn the project could sacrifice views and public parking while seeking 14 waivers.
Chula Vista is carving studio space out of its new Millenia Library and betting expanded state credits will lure productions away from L.A.
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