SAN DIEGO-As the condo conversion craze continues to sweep through San Diego County, Pacifica College LP acquires the College Park Apartments asset in Chollas Heights for $156,250 per unit with plans to convert the 160 apartments here into condominiums.

SAN MARCOS, CA-The Koll Co. beefs up its portfolio with the recent acquisition of La Costa Meadows Industrial Center for $12 million, which has brought the company's holdings to a total of more than 1.5 million sf.

SAN DIEGO-Having already closed its first transaction, the recently created Fenton Investment Co. is offering equity for new industrial, office, retail and residential developments - as well as value-added opportunities - located throughout San Diego County.

SAN DIEGO-Multifamily assets continue to be one of the strongest product types in San Diego County's commercial real estate market, as a new report from Burnham Real Estate shows that sales prices for apartment properties here jumped from $101,544 per unit at the beginning of 2003 to $123,152 per unit by year-end.

SAN DIEGO-With Downtown's office sector exhibiting new signs of life, the Arte Building finds a buyer after only two months on the market. Encompassing 64,565 sf, the circa 1935 office structure stands at 1111 6th Ave. in Downtown's core financial district.

SAN DIEGO-Locally based Nuwest Communities LLC puts 45 units in the Arey Pointe Condominiums complex up for sale. The units, which are being sold together as a package, date back to 1976.

POWAY, CA-Construction kicks off on the Stowe Plaza retail asset, which is rising at Scripps Poway Parkway and Stowe Drive in the city. The project will consist of three facilities encompassing more than 12,000 sf at build-out.

SAN DIEGO-The Long Beach-based commercial real estate firm picks up a 69,900-sf office facility here for $13.5 million. The property is fully occupied by Hitachi Data Systems.