VISTA, CA-WenMar LLC acquires the local asset as an exchange upleg for the April 2003 sale of the Posada del Valle apartments in El Cajon. Encompassing 52,000 sf, the Vista property is currently occupied by Big Lots and Big 5 Sporting Goods.
CARLSBAD, CA-The firm shells out $15.3 million for the property, which is the fifth Carlsbad business park to be added to H.G. Fenton Co.'s portfolio. Completed in 2001, the industrial asset encompasses 73,480 sf.
PALM SPRINGS, CA-The Agua Caliente Band of Cahuilla Indians wraps up completion of its new casino two weeks early. The facility, which occupies a full city block in Downtown, is part of the Spa Resort Casino.
LA JOLLA, CA-In a move that has strengthened its presence in five US markets and gained it entry into two more, Newland Communities has acquired 21 master-planned residential communities in a partnership with the California Public Employees' Retirement System.
SAN DIEGO-The residential real estate firm signs a 49-month agreement to occupy 14,098 sf of office space in Mission City Corporate Center. The property is located at 2355 Northside Dr. in San Diego.
SAN DIEGO-The San Diego City Council has named Robert A. McNeeley to the Centre City Development Corp.'s board of directors. He has been chosen to serve out the remainder of former director Reese Jarrett's term, which expires in May 2005.
OCEANSIDE, CA-Encompassing 88,004 sf, the property is located at 3906-3935 Mission Ave. in Oceanside. It is anchored by Albertsons supermarket, Coco's Restaurant, Church's Fried Chicken and Mobile Oil.
SAN DIEGO-John Alioto of the Alioto Trust buys the local multifamily property from George Scoortis. Built in 1970, the complex houses six one-bedroom apartments and three two-bedroom units.
SAN DIEGO-San Diego County's economy continues to hold steady, as recent research by the California Employment Development Department reports that the unemployment level here has dropped from 4.4% in August to 4.1% in September.
SAN DIEGO-Alvin E. and Ruth E. Sunday acquire the apartment complex from RSL Landis LLC as part of a 1031 Exchange transaction. Located at 3167 Landis St., the property houses a total of 13 units.