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Slow Recovery for Retail Real Estate

San Diego’s retail real estate market is slowly recovering from the pandemic but some fear that the recovery might take longer than expected due to the latest surge in COVID cases.CBRE, a commercial real estate brokerage firm, wrote in its second quarter report on the San Diego market that positive net absorption – a measure […]

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Vaccinations or weekly testing to be required for all school workers

Gov. Gavin Newsom announced a statewide policy Wednesday requiring all school teachers and school employees in the state to show proof of COVID-19 vaccination or submit to weekly testing. “We think this is the right thing to do and we think this is a sustainable way to keeping our schools open and to address the […]

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Water Contact Closure Lifted for Imperial Beach – NBC 7 San Diego

A water contact closure for the Imperial Beach and Tijuana Slough shorelines in San Diego County due to sewage-contaminated water has been lifted after testing confirmed the water in the ocean is safe to use for recreation. The San Diego County Department of Environmental Health and Quality (DEHQ) lifted the water contact closure Tuesday evening; […]

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Bascom Group Expands Presence in San Diego County with 80 Unit Multifamily Acquisition | News

IRVINE, Calif., Aug. 11, 2021 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) has acquired an 80-unit multifamily community within the broader San Diego market. The property, Echo Pointe Apartments, consists of large, two- and three-bedroom floorplans across 20 fourplex buildings in centrally-located La Mesa, California.  Bascom purchased the 80-unit property for $26,800,000, or $355,000 per unit. […]

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International Sales Occupy GA-ASI | San Diego Business Journal

Photo courtesy of General Atomics Aeronautical Systems Inc. General Atomics Aeronautical Systems Inc. hosted a roll-out event for the Royal Netherlands Air Force in early July, marking the completion of the country’s first MQ-9A Block 5 remotely piloted aircraft. Seen on the factory floor are GA-ASI CEO Linden Blue (left) Vice Adm. Arie Jan […]