The San Diego Daily Transcript – Apartment vacancies relatively unchanged, as rents inch higher

The San Diego Daily Transcript

 

By: Thor Kamban Biberman

 

SAN DIEGO – Apartment vacancies have stabilized over the past year-and-a-half as rents continue to inch upward in San Diego County.

According to a MarketPointe Realty Advisors’ RentalTrends September report, the overall vacancy rate, which topped 5 percent in March 2011, has fluctuated modestly over the past 18 months to a current average of 4.5 percent.

“Not exactly on par with the 2 percent vacancy rate run that occurred in the late 1990s and into the early 2000s, but a healthy rate nonetheless,” the report states. Continue reading

San Diego Daily Transcript – Civita Developer, SDG&E announce smart-grid deployment plan

San Diego Gas & Electric and mixed-use developer Sudberry Properties are looking to make an example of Sudberry’s Civita development in Mission Valley.

The utility announced plans Monday to work with the developer to turn the development into the metropolitan area’s first working “smart” microgrid, with technologies such as solar panels, electric vehicle charging stations, fuel cell generation, battery storage and enhanced energy management tools, anchoring what will make Civita a “smart energy community.”

The hope, SDG&E said, is to help residents and businesses conserve electricity, preserve the environment and make Civita a model for future “low-carbon” communities. At a Monday press conference, Continue reading