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ESCONDIDO, CA-The moving force behind the largest new commercial development Downtown in more than two decades says that a financing package of about $20 million has been secured for the project, called Gateway Center.
SAN MARCOS, CA-In a $28 million deal, a Tennessee company will develop the first private on-campus student apartments in the history of the California State University system.
SAN DIEGO-Three grocery-anchored centers have been sold to locally based Pan Pacific Retail Properties in deals totaling $60.5 million. The company financed the deals with a combination of cash and draws under its unsecured line of credit.
SAN DIEGO-The developer of a $500 million project at the former Naval Training Center receives permission to start grading for new homes, hotels and commercial space. The project includes two hotels, 350 housing units, a civic arts and culture center and 46 acres of parks
SAN DIEGO- City leaders approve a lease agreement clearing the way for construction of three buildings for retailers--Krispy Kreme doughnuts, Chili's restaurant and an Arco AM-PM gas station--outside the San Diego Sports Arena.
SAN DIEGO-Construction begins on a new $11 million office project for a local high-tech company in Poway. Completion of the building is slated for August.
ESCONDIDO, CA-Hotel chains are using Internet discounting to fill rooms caused by the softening of the U.S. travel market, one local hotel analyst is finding. San Diego ranked seventh among the top 25 U.S. travel markets for room occupancy and prices through February.