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300-megawatt Nighthawk Battery Storage Project begins operations in Poway
Arevon Energy has brought its 300-megawatt Nighthawk Energy Storage Project in Poway online, adding enough battery capacity to power up to 385,000 homes for as long as four hours during periods of peak demand.
Chula Vista's Terra Nova Plaza sells for $30.4 million
JLL represented the seller, a global investment manager, in the sale of the 96,114-square-foot center.
Defense, government, health care reshape local office market
Defense, government, health care and professional services are driving San Diego office demand as technology and life sciences retreat, signaling a shift in the region's commercial real estate market.
Splitero expands home equity investment program to 4 more states
The San Diego-based company has expanded its home equity investment offering to Idaho, Missouri, Montana and Wyoming, allowing homeowners to access their equity without taking on additional monthly payments.
CBRE facilitates $4.3M sale of Escondido industrial property
CBRE's Matt Pourcho, Casey Sterk and Anthony DeLorenzo represented the seller of the 18,900-square-foot warehouse.
Report: July home sales surge 7%
Sales of existing single-family homes increased 7% year-over-year in July, the strongest annual gain so far this year, Zillow said.
San Diego Community College District refinancing to save taxpayers $27.2 million
The transaction refinanced about $353 million in outstanding bonds and lowered borrowing costs without reducing funding for construction, modernization or other capital improvements approved by San Diego voters.
California's housing affordability falls in Q2 as home prices rise
Only 19% of California households could afford a median-priced home in the second quarter, down from 22% in the first quarter. In San Diego County, the affordability rate remained at 17% as the median home price reached $1.075 million.
San Diego's PowerFlex acquires Mobility House North America to expand EV fleet charging
PowerFlex has acquired The Mobility House North America in a deal that combines expertise in EV charging, fleet electrification and vehicle-to-grid technology, expanding the San Diego company's platform for commercial and public-sector customers.
Home prices rise in 80% of US metros during Q2
San Diego remains one of the nation's most expensive housing markets despite modest nationwide price growth.