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NEWS
If you're a homebuilder, don't open up that bottle of bubbly just yet.
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Profits are evaporating for movers as a depressed real estate market and skyrocketing fuel prices make their mark.
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CB Richard Ellis' San Diego Central office announced Thursday that The Nielsen Co., a global information and media company, has signed a 90-month $11.5 million lease for 36,387 square feet of office space at Sorrento South Corporate Center, 9276 Scranton Road, San Diego 92121, from Trizec Sorrento Towers LLC.
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The Independent Fiscal Analysis of Proposition E, an initiative that would require resident approval to construct high-rises in some parts of Chula Vista, was released Friday.
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Six apartment units at 726-732 Third Street in Encinitas, 92024. have been purchased for $1.55 million.
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Four apartments at 2152-2158 Sunset Cliffs Blvd., San Diego 92107, have been purchased for $725,000.
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A 3,922-square-foot meeting hall at 541 E. 24th St. in National City, 91950, has been sold for $535,000.
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CORT Business Services has signed an eight-year lease on a 46,846 square-foot free-standing industrial building for $3.35 million. The building is at 9404 Cabot Drive in San Diego.
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The law firm of Morris & Sullivan LLP has leased 15,769 square feet of office space in Scripps Ranch at Monarch Corporate Center, 9915 Mira Mesa Blvd., San Diego 92131, from Vinings Trace LLC. The 10-year lease is valued at $5.8 million.
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Realty Income Corp. (NYSE: O) announced it has entered into a new $355 million unsecured acquisition credit facility, effective May 15, to replace its existing $300 million acquisition credit facility.
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SPECIAL REPORT
Real Estate Regional Report 2008

Get updated on some of the latest developments around San Diego County, and gain new insight into some of the key issues facing the building industry.

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Get updated on some of the latest developments around San Diego County, and gain new insight into some of the key issues facing the building industry.

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