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San Diego, Midway District, Midway Rising, San Ysidro, Measure C, Chelsea Investment Corporation, Legends, Zephyr, Safdie Rabines
AECIndustry NewsResidentialSan Diego

San Diego Weighs $4.2B Midway Rising Deal That Trades Ground Rent for 2,000 Affordable Homes on 48.5-Acre Sports Arena Site

San Diego's Independent Budget Analyst has put a price on the city's side of the Midway Rising deal ahead of a Land Use...

Santa Monica beach and skyline
FinanceIndustry NewsLos AngelesRetail

20,000 SQFT Retail Beneath Santa Monica’s Waverly and Seychelle Condos Hits Market at $17MM, 70% Above 2021 Sale

The leasehold on two retail condominiums beneath Related California's Waverly and Seychelle towers on Ocean Avenue is back on the market at $17...

the registry template image
FinanceRetail

Two New-Construction Quick Quack Car Wash Ground Leases in Murrieta, Riverside Trade for $8.63MM

Two new Quick Quack Car Wash ground-lease properties in Murrieta and Riverside sell to private investors for a combined $8.63 million.

US Navy ship with flags
AECCommercialHospitalityIndustry NewsOrange CountyResidentialRetail

Navy Weighs Developer Bids for 28-Acre Seal Beach Ground Lease at PCH, Trading Land for Base Upgrades

The U.S. Navy has spent four years studying what to do with roughly 28 acres of underused land at the corner of Pacific...

Car wash
FinanceInland EmpireRetail

Private Investors Pay $8.63MM for Two New Quick Quack Car Wash Ground Leases Totaling 7,000 SQFT in Murrieta and Riverside

A South Korea-based investor and a Los Angeles-based buyer paid a combined $8.63 million for two newly built Quick Quack Car Wash properties...

Santa Monica beach with downtown in the background
CommercialFinanceIndustry NewsLos Angeles

Land Under 99,000 SQFT Santa Monica Office Building at 1733 Ocean Avenue Relisted at $34.6MM, 47% Below 2019 Sale

The land under a four-story, 98,841-square-foot office building one block from the Pacific in Santa Monica is back on the market at a...

Catalina Island
FinanceIndustry NewsLos AngelesResidential

Tailwind Investment Group Acquires 62-Unit Tremont Street Apartments in Avalon on Santa Catalina Island for $8.64MM

Marcus & Millichap brokered the sale of a 62-unit affordable housing complex on Santa Catalina Island, threading a ground lease, a HUD-subsidized rental...

Construction figures on a phone
AECHospitalityIndustry NewsRetailSan Diego

Thorsen Advances $20MM ‘The Admiral’ Adaptive Reuse at Liberty Station, Now a Three-Phase Build Through 2028

Hospitality entrepreneur Ryan Thorsen has reset the timeline and budget for The Admiral, his seven-acre transformation of Liberty Station's derelict officers' quarters, pushing...

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