Graymark Capital Inc. bought the 92,477 square-foot building at 10455 Pacific Center Court from an undisclosed seller for $16.5 million. The building is 45 percent occupied.
PROPERTY: Housing Commission Estimates Room for 5,500
Granny flats are being looked at by the San Diego Housing Commission as one way to help ease the region’s housing crisis.
Quonset Project tenants include Campfire Restaurant and Carruth Cellars.
OFFICE: Blue Bottle, Mendocino Farms Will Move In
With $55 million of redevelopment work still under way, the 25-story downtown San Diego office building that’s been renamed Tower 180 has signed up two tenants for some of the retail space.
Calavo Growers is leasing part of the building.
PROPERTY: Project Has Sold About 41 Of Its 60 Condos
Despite being panned with an Onion award for its architecture, the pricey The Park Bankers Hill condominiums are an apparent hit with buyers who are more interested in its views and amenities than snarky reviews.
HOUSING: Owner Repositions Property As Condominiums
Harkening back to the heady pre-recession days of the housing boom, a San Diego developer has converted a Bankers Hill apartment complex into condominiums that are selling at a price well below newer projects in the neighborhood.