SAN DIEGO-The city has swiped the number two slot in Marcus & Millichap's National Office Index for the second year in a row, being outranked only by Washington, DC.

SAN DIEGO-Although experiencing a slight uptick in vacancy levels, the San Diego County multifamily sector continues to be one of the strongest apartment markets in the country, according to new research on the region.

SAN DIEGO-San Diego County has reported an unemployment rate of 4.2% for the second month in a row, according to newly published research by the California Employment Development Department.

SAN DIEGO-Less than six months after Sunbelt Management Co. broke ground on its Kearny Mesa office complex, the project is already 50% complete. Slated for build-out in January 2004, the completed property will encompass 7,000 sf.

SAN BERNARDINO, CA-San Luis Rey LLC and Elisenal LLC (with Gregg Sindici as general partner) acquire the 12-acre site, which is currently leased to Sam's Club. The parcel houses a recently completed building that houses 130,000 sf.

ENCINITAS, CA-In anticipation of the planned expansion of its Encinitas hospital property, Scripps Health has acquired a 174,240-sf asset and an adjacent four-acre parcel located here from St. Mark Lutheran Church for $4.7 million.

OCEANSIDE, CA-Evening Star Development Co. secures financing for its 222-unit condo project in town. Known as Harbor View Village, the complex is slated to rise on a 15-acre, private bluff overlooking the ocean.

SAN DIEGO-New research on Downtown shows that only 202,232 sf is available in a market that currently encompasses more than three million sf of retail space.