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LA JOLLA, CA-Valeria Dobos snatches up the property, known as 33rd Street, after only three weeks on the market. The facility consists of 18 one-bedroom units and 14 two-bedroom units.
MISSION VALLEY, CA-The company inks a $2.7-million lease for space in Pacific Center I in Mission Valley. It is the latest in a string of San Diego office leases to close in recent weeks.
PORTLAND, OR-Renovation of the Holiday Inn Portland Airport Hotel and Convention Center wraps up with a ribbon-cutting ceremony and re-opening party. The $2-million project includes upgrades to the lobby, atrium, lounge and dining area and half of the guestrooms.
CARLSBAD, CA-The privately held commercial investment, management and development company will take 12,463 sf in the Pacific View Plaza. The property is located at 5973 Avenida Encinitas in Carlsbad.
VISTA, CA-The 10-unit property, known as West Drive, consists of nine studio apartments and a three-bedroom house. Located at 1924 West Drive, it was 100% occupied at the time of sale.
PORTLAND, OR-In his new position at Naito Corp., George will supervise and manage all corporate accounting practices and operational efficiencies associated with the firm's real estate holdings and retail chain.
SAN DIEGO, CA-With positive net absorption continuing throughout the year, the San Diego retail market is expected to wind down 2002 with an average vacancy rate of 4.9%. Meanwhile, rents and selling prices are climbing.
PORTLAND, OR-Watamull Properties Corp. of Honolulu, HI acquires a Wickes Furniture Building in Portland as part of a 1031 exchange transaction. Located in the Delta Park area of the city, the facility encompasses 51,350 sf.
SAN DIEGO, CA-Construction gets underway on Champion Development Group's 280,000-sf luxury project, which is slated for completion in fall 2004. The project is rising on Fifth Ave. in the historic Gaslamp District.
PORTLAND, OR-The city's retail market is expected to remain relatively steady over the next year, says a new report published by Marcus & Millichap Real Estate Investment Brokerage Co.