FALLBROOK, CA-Hsing Properties LLC snatches up the 21,339-sf retail complex, known as Fallbrook Towne Center North. Located at 1075-1079 South Mission Rd. in Fallbrook, it is occupied by tenants including Radio Shack, Payless Shoe Source and Ultra Fitness.

OCEANSIDE, CA-Oceanside Prescott LLC will use the funds to refinance the Prescott Industrial Park property. Encompassing 266,340 sf, the industrial complex is located at 1865, 1875 and 890 Ord Way in Oceanside.

LAS VEGAS, NV-Voit Commercial Brokerage establishes a new location in Las Vegas, NV, which features two teams headed up by a top industrial broker and a top retail broker formerly with CB Richard Ellis.

SAN DIEGO, CA-Owner Alessio Investment Co. has started work on a $5.5-million renovation of the circa 1965 high-rise office building. Slated for completion in spring 2003, the rehabilitation will involve numerous upgrades, including the addition of a new glass canopy, valet parking area, state-of-the-art fire suppression systems and HVAC system.

SAN DIEGO, CA-An LLC acquires the seven-unit property from David Propach and Natasha Wasserman for $875,000. The complex, which stands at 4034 Florida St., consists entirely of two-bedroom, two-bath units with fireplaces.

LA JOLLA, CA-A partnership between The Shidler Group and Angelo, Gordon & Co. acquires the office and retail facility on an all-cash basis. Completed in 1983, the four-story building stands at 7777 Fay Ave.

SAN DIEGO, CA-In a 6-3 vote, the San Diego City Council approves a major updating of the city's 1979 General Plan. One major change is the citizen-developed City of Villages strategy, which embraces "smart growth concepts.

ONTARIO, CA-Montecito Baptist Church acquires the former Pacific Ten Theatre and plans to convert it into a church equipped with a community center and school. Occupancy is slated for November 2002.