Bonita
REAL ESTATE
Residents protest Bay Ho neighborhood Affordable Housing Project
People in a Bay Ho neighborhood worry an affordable housing project is just a greedy developer land grab. One group, the Friends of Bay Ho, is trying to stop it. Through their attorney team, the developer, San Diego Real Estate Homebuyers, told NBC 7 they are following the rules. The City of San Diego has approved the twelve Accessory Dwelling Units or ADU, six of which will be deed-restricted affordable units.
Most expensive cities in the world for housing mapped - as California dominates the list
Four of California's big cities are on the top 10 list for having some of the world's most unaffordable housing markets, making it nearly impossible for this generation to buy property in areas where they grew up
Alexandria Real Estate Lands 10-Year Tenant for 127,382 SQFT Mega Campus in San Diego
Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science mega campuses in AAA innovation cluster locations, today announced that a top 20 pharmaceutical company and longstanding credit tenant has increased its San Diego footprint by nearly 53% with the execution of a 10-year lease for 127,382 RSF, with significant expansion options, for a new R&D center at 10075 Barnes Canyon Road on the SD Tech by Alexandria mega campus in the Sorrento Mesa submarket of San Diego. Purposefully curated to enable its tenants to attract, retain and inspire top talent, this mega campus provides an exceptional suite of bespoke amenities, which include multiple eateries, a health and wellness center, premier meeting and conference spaces, an expansive lawn and a seven-acre central park.
Sacramento Report: Housing Advocates Clash with Coastal Commission
This post has been updated. Amid California’s crushing housing shortage, Circulate San Diego is blasting the Coastal Commission for decisions it claims undermine efforts to build affordable homes and fight climate change in coastal areas. The San Diego nonprofit unveiled its findings last week in a report that says...
Illinois Investor Acquires Multi-Tenant Mission Valley Offices
Cushman & Wakefield brokered the sale of Aerofund Financial Plaza, a 48,571-square-foot multi-tenant office building in San Diego’s Mission Valley neighborhood. Located at 4025 Camino del Rio S., the three-story, U-shaped building was 100% leased to nine tenants. The property was acquired by CES Remington, LLC, based near Chicago, for $9.8 million.
Austin independent brokerage joins Keller Williams
Austin-based independent brokerage TJ Lewis Real Estate is affiliating with Keller Williams, according to an announcement on Tuesday. According to the news release, TJ Lewis will affiliate directly with Keller Williams’ Austin Southwest market center. The firm is led by broker Topher Rogers, who is making the move to...
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