MIRA MESA, CA-A San Diego investor snaps up another apartment asset here, with plans to convert the property into a condominium complex. The transaction is worth $13.5 million.

SAN DIEGO-Construction is now finished on the Entrada apartment complex, which will bring a mix of 132 market-rate and 40 moderate-income units to Downtown's East Village.

RANCHO BERNARDO, CA-Marking an expansion of its presence into the Rancho Bernardo market, the publicly traded REIT acquires the Bluffs office asset, which stands at 16870 West Bernardo Dr. Prentiss Properties Trust plans to hold the property as a long-term investment.

SAN DIEGO-The firm picks up the 250,000-sf office complex from BCL/Hart Advisers for $30 million. It marks VEF Advisors' first acquisition since the Value Enhancement Funds series were spun off from Lend Lease Corp. Ltd. this past April.

SAN DIEGO-Watt Commercial Properties is transforming the historic facility that once served as the city's first high-rise office building. Upon completion, the project will consist of 84 residential lofts, as well as street-level retail space.

SAN DIEGO-The county's net absorption of industrial space is expected to reach 2.7 million sf by year-end, according to recently published research by Burnham Real Estate. This figure reflects a 23% increase from 2003 and a return to the levels of net absorption recorded in 2002.

CARLSBAD, CA-Four facilities in the business park sell in separate transactions valued at more than $6 million combined. The buildings are located at 2477, 2748, 2742 and 2746 W. Loker Ave. in the city.

SAN DIEGO-Buyer DF 800 LLC shells out approximately $190,972 per unit for the Cumberland apartment complex, which stands at 8213 Jade Coast Rd. in the Mira Mesa area of the city. The new ownership plans to convert the property into a condominium asset.