SAN DIEGO, CA-Carmel Valley Housing Associates LP wraps up its 112-unit Torrey Del Mar project three months ahead of schedule. The project was built by Wermers Multi-Family Corp.

CHULA VISTA, CA-Rising on Otay Lakes Road just west of Eastlake Parkway, the EastLake Village Marketplace project is slated to encompass approximately 410,000 sf upon completion. The development has signed leases or has leases out for signature for 97% of its space.

LA JOLLA, CA-Aquarella Mexican Grill inks a $2-million sublease to occupy the former Palomino Restaurant located at 8990 University Lane on the Aventine Restaurant Row. The new restaurant is expected to open later this month.

SAN DIEGO, CA-Grading has begun on the 42.6-acre, five-building project for IDEC Pharmaceuticals Corp. Upon completion, the campus will house IDEC's headquarters and its research and development operations.

SAN DIEGO, CA-According to the terms of the agreement, Financial Network Investment Corp. will continue to occupy 3,777 sf at 3131 Camino Del Rio N in San Diego. The transaction is valued at $543,888.

SAN DIEGO, CA-The locally based REIT announces that total fund from operations for the third quarter of this year was $25.8 million, which reflects an 11.1% increase from the same period in 2001.

LA JOLLA, CA-Private Properties LLC acquires the 3,500-sf office building from Sydney Walker III and Songmin Walker Family Trust. It plans to use the facility, which is located at 6794 La Jolla Blvd., to house dental offices.

SANTA BARBARA, CA-The sale of Eastern Financial Systems Inc. to Fidelity National Information Solutions Inc. closes 10 days after FNIS announces the signing of the definitive acquisition documents.