EL CAJON, CA-Ghassan Fares acquires the 38-unit property, which stands at 475-479 Graves and 303 E. Madison in El Cajon. The asset is part of a $7-million apartment portfolio that U.K. Capital has sold.

SAN DIEGO-Bella Via Associates LLC passes the halfway mark on construction of its 74,000-sf, mixed-use development. Rising at 1608 India Street in the city's Little Italy neighborhood, the Bella Via project will feature 42 condominium units; 3,700 sf of street-level retail; and an underground parking garage upon completion.

SAN DIEGO-The San Diego County industrial market has been unable to shake the recent trend of negative net activity that has plagued the usually healthy sector during the first half of this year. A recently released report on the region says it experienced more than 1 million sf of overall negative net absorption in the second quarter of 2003.

SAN DIEGO-The Centre City Development Corp. hires 20-year industry veteran Garry Papers as the organization's new manager of architecture and planning. Papers is replacing former manager Walter Rask.

SAN DIEGO-The San Diego County retail market continues to defy today's shaky economic climate, as mid-year research by BRE Commercial//NAI shows that vacancy rates have dropped from 5% to 4% regionwide.

RANCHO CUCAMONGA, CA-Gregg Sindici uses the proceeds from two multifamily sales to acquire a 60,527-sf portion of the Town Center Square Power Center, which stands at 110270-11090 Foothill Blvd. in Rancho Cucamonga.

SAN DIEGO-The State of California, Department of Health Services will take 15,252 sf in an office/flex facility located in the Kearny Mesa area of San Diego. The building, which stands at 9555 Chesapeake Dr., encompasses a total of 60,000 sf.

SAN DIEGO-The 14-story complex, known as Diamond Terrace, is rising at 427 Ninth Ave. in the East Village district of Downtown San Diego. Upon completion, it will contain a total of 113 residential units varying in size from 430 sf to 1,088 sf, as well as 10,000 sf of street-level retail space.