Category Archives: San Diego Business Journal

SOLANA BEACH – HP Investors, based in Solana Beach, is spinning off its Northern California operations to focus on San Diego, where it has several projects planned or under construction. “As we’re growing and the market’s changing and our investment philosophy is changing accordingly, we decided to double-down on our efforts in Southern California rather […]

SOLANA BEACH – HP Investors is opening a 65-room boutique hotel in Twentynine Palms – RESET – near the north entrance to Joshua Tree National Park. Developed in partnership with entrepreneur Adam Wininger and designer Benjamin Uyeda, RESET is the first hotel to be built from the ground up in the high desert in more […]

SAN DIEGO – A handful of recent San Diego office sales ran counter to ongoing reports that there is little interest among investors in buying office property. Key among them was HP Investor’s $20.25 million acquisition of a seven-story Mission Valley office building at 1450 Frazee Road in partnership with Realm, L.P.; the $8.8 million […]

REAL ESTATE: Firm Focusing on SoCal to Avoid “Turbulence” By Ray Huard September 3, 2024 SOLANA BEACH – HP Investors, based in Solana Beach, is spinning off its Northern California operations to focus on San Diego, where it has several projects planned or under construction. “As we’re growing and the market’s changing and our investment […]

The former North County Times building in Oceanside is about to undergo $11.4 million in renovations by HP Investors to transform the former newspaper building into a mix of retail and office space. “The bones of the building need a lot of work. That’s the first order of business,” said Sumeet Parekh, managing partner of […]

Hobby Lobby is moving into the College Plaza shopping center in Oceanside, taking over space formerly used by Dick’s Sporting Goods. The arts and crafts retailer will become the new anchor for the shopping center, leasing 58,646 square feet of space. College Plaza, 3502 College Blvd., is owned by 95 College Plaza, LTD, which was […]

Sumeet Parekh Managing Partner, HP Investors Over the past decade, San Diego-based HP Investors has steadily built an urban-focused portfolio of commercial acquisitions and developments in key hubs including downtown’s Gaslamp Quarter and East Village, along with Kearny Mesa. Managing Partner Sumeet Parekh has led many of those deals carried out by the company led […]

By Lou Hirsh Tuesday, July 11, 2017 San Diego-based HP Investors LLC has acquired a retail and office condominium complex in East Village, originally built as part of the mixed-use condo tower development known as The Legend, for $11.4 million. Sumeet Parekh, managing partner at HP Investors, said the company purchased the approximately 27,000 square feet […]

By Lou Hirsh Wednesday, August 5, 2015 San Diego- based HP Investors LLC has teamed with Clarion Partners of New York to purchase the McGrath family retail portfolio in Kearny Mesa for approximately $107 million, according to the buyers and local brokers. A statement from the buyers said the acquired properties total 294,428 square feet on […]

By Lou Hirsh Monday, August 12, 2013 Commercial broker Danny Fitzgerald’s firm has fielded more than a dozen offers for the space being vacated by the popular Croce’s restaurant in the heart of the Gaslamp Quarter. A new tenant could be announced in mid-September by the property’s landlord, the Keating Hotel. Many of those queries are […]