Looking Forward: What Companies
Moving To San Diego Want
San Diego is drawing in firms from the San Francisco Bay Area and elsewhere, but many are choosing to set up shop in San Diego's suburbs, rather than downtown.
Bay Area companies have plenty of incentives to move to the San Diego region, Allen Matkins partner Martin Togni (above) says. He says it makes good sense, especially for early stage and growing companies, as there's a large pool of…
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More On What Draws Companies To San Diego
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Chargers Won't Decide Whether To Stay Or Go Until Season Ends
With Measure C, the ballot measure that would have provided partial funding for the proposed Chargers convadium—combo stadium and convention center annex—the team is considering moving to the Rams' new stadium in Inglewood (rendering above), according to a report for the NFL…
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Civic San Diego Approves Another 1,500 Downtown Residential Units
Civic San Diego, the city's planning agency, last week approved seven residential and mixed-use projects proposed in Downtown San Diego with a total of 1,500 units, the agency reported. Projects ranged from low-income to luxury high-rise mixed-use projects. This included…
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West Coast
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Actor Michael Douglas Talks With Bisnow About The Launch Of His New Resort
Two-time Academy Award-winning actor and producer Michael Douglas and his Academy Awarding-winning wife, Catherine Zeta-Jones, are iconic film actors with very public careers. Less well known, however, is their success in real estate. (Michael even spent his first paycheck on land.) We chatted with Michael about his ventures in real estate, and his new Bermuda resort, Ariel Sands Hotel Cottage Colony.
“I've always loved real estate, but I don't plan on making a career out of it,” he says. Michael tells us the first money he ever made was working on one of his father's films in 1966, and he used his paycheck…
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CBRE Buys Stake In $1.5B West Coast Retail Portfolio
CBRE Global Investment Partners just grabbed a 45% stake in a portfolio of West Coast retail properties for $450M.
The firm hopes to ride the wave of consumer spending pushed by tech-sector growth, purchasing the stake from the portfolio's majority owner…
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The Major Risk Associated With Augmented Reality Use: Virtual Graffiti
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Colliers: Top US Office Leases In Q3
The US office market continued to see positive momentum in Q3 thanks to strong job gains and renewed GDP growth. Vacancies declined 10 basis points as net absorption and rental rates rose in the quarter, according to a recent Colliers International report.
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