SAN DIEGO-The Shidler Group snaps up the high-rise, office asset from Somera Capital Management. Located in downtown San Diego, the 18-story property encompasses 186,977 sf and features an adjacent 12-story parking garage.

SAN DIEGO-McMillin Commercial, a division of Corky McMillin Cos., finishes work on the first phase of the Liberty Station Office District, which consists of two class A facilities. The buildings comprise a total of 100,000 sf.

SAN DIEGO-The Shidler Group sells the 55,947-sf retail asset, which it acquired back in 1985 as a leasehold, to private investor Rancho Serra Mesa LLC. Built in 1965, the property is located in the Serra Mesa region of the city.

SAN DIEGO-Local private investor Daniel J. Furlan acquires the apartment asset with plans to convert the property's 60 units into condominiums. The complex is one of numerous apartment properties awaiting condo conversions in San Diego County.

LA JOLLA, CA-San Diego-based Starward Ventures Inc. picks up the mixed-use asset from Thomas C. Mercer of San Juan Capistrano. Constructed in 1988, the local asset is comprised of 21 luxury apartment homes and 9,811 sf of ground-level retail space.

EL CAJON, CA-A private investor has picked up the 12,543-sf, mixed-use property that stands at 1685 E. Main St. in El Cajon. The building, which contains a mix of medical office and retail space, is currently 100% leased.

SAN DIEGO-The proposed development is on track to be one of the first downtown San Diego projects financed with the new affordable housing NOFA funds, as the NOFA Collaborative Review Team has recommended approval of the Owner Participation Agreement with Wakeland.

LA JOLLA, CA-Citigroup Global Markets dba Smith Barney has inked a 10.5-year lease for the space, which is located at 7777 Fay Ave. Smith Barney will occupy the facility's entire third floor, which houses all office space.