OCEANSIDE, CA-Pacific Development Partners LLC acquires the Mission Square Shopping Center here with plans to upgrade the property. In a separate transaction, the Winchester Meadows Shopping Center sells to DMP Properties, which plans to hold the asset as an investment.

SAN DIEGO-With design plans wrapped up, UP Inc. is gearing up to start the demolition phase of its new mixed-use development near Hillcrest. The project will bring a bit of Art Deco glamour to the block, as it involves the replication of a 1920s facility that currently stands on the site.

VISTA, CA-The Nelson Family Trust picks up the 143,786-sf, single-tenant industrial asset with plans to turn the property into a multi-tenant building. The facility's current tenant, Rubbermaid, has approximately two years left on its lease.

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.