SAN DIEGO-Less than a month after the joint venture entity of Shelbourne Properties I Inc. and Shelbourne Properties II Inc. entered into a contract to sell the Century Park I office park, the JV sews up the transaction with buyer Cruzan / Monroe.

CALEXICO, CA-Construction on the industrial and office project, known as Mexport Business Center II, is slated to begin this summer. International Real Estate & VTS Development LLC of Otay Mesa is developing the complex, which is being designed by Ware Malcomb.

OTAY MESA, CA-First Industrial Realty Trust Inc. enters the San Diego commercial real estate market with its acquisition of the Otay Mesa industrial asset formerly known as The GGateway.

SAN DIEGO-Toshiba America Electronic Components Inc., a subsidiary of Toshiba Corp., inks a 62-month agreement for office space in Carmel Corporate Plaza. The new tenant is the third firm this month to sign on for space here.

SAN DIEGO-Dixie Hall, a 20-year veteran of the commercial real estate industry, returns to Colliers International as a senior vice president. She most recently was CEO of AptBiz.com, but previously had an 11-year affiliation with Colliers International.

KEARNY MESA, CA-Work is currently in progress on Barone Development's two-story, 24,780-sf office project, project, which is rising at 5395 Ruffin Rd.

SAN DIEGO-Los Angeles-based Hamilton Capital Partners, an affiliate of Barker Pacific Group, acquires the office facility from Charter Building Ltd. The acquisition of the 173,682-sf asset marks Hamilton Capital's first foray into the San Diego market.

SAN DIEGO-CC-Sunterra LLC acquires the 120-unit Posada del Valle apartment asset from Emerald I LLC. The new owner plans to convert the property into a for-sale condominium project.