OTAY MESA, CA-The facilities, which encompass a total of 55,215 sf, are part of the six-building industrial project, Britannia Corporate Center. Developed by Newport Beach-based Master Development Corp., the 15-acre project was completed in July 2002.
POWAY, CA-The Thai and sushi restaurant inks an agreement for 3,280 sf of retail space at 13425 Poway Rd. in Creekside Plaza. The restaurant, which will occupy suites 801-803 in the complex, is scheduled to move to its new location in January 2003.
LA MESA, CA-Beauchamp Family Trust sells the 172,500-sf shopping center to Otay Mesa International Plaza LLC. The complex, which is located at 7900-7968 El Cajon Blvd., is anchored by Burlington Coat Factory, El Torito Restaurant and 99" Only Store.
EL CAJON, CA-A trust acquires the 22-unit complex, which stands at 1038 Peach Ave. The acquisition is the latest in a string of transactions to close in San Diego's sizzling multifamily market.
SAN DIEGO, CA-The unemployment rate in San Diego County drops from 4.4% in July to 4.1% in August, according to the latest report from the state employment department. The state's overall unemployment rate is 6.2%.
CAMARILLO, CA-Marcus/Adams Industrial Investments pays more than $2.1 million for the building, which stands on an 81,892-sf parcel at 166 Aviador St. in Camarillo. The new owner is renovating the facility, which contains both warehouse and manufacturing space.
SAN DIEGO, CA-Roel Construction is wrapping up the final phase of the 110,000-sf Salvation Army Ray and Joan Kroc Corps Community Center, which will be completed in October. Crews are now working on the related 37,000-sf performing arts center, 14,000-sf education center and 800-sf generation plant.
BARSTOW, CA-A Southern California partnership, known as 144 Virginia Village LP, acquires the multifamily property from Steadfast Virginia Village LP. Located at 501 E. Virginia Way, the complex contains 144 units.
SAN DIEGO, CA-The unemployment rate in San Diego County drops from 4.4% in July to 4.1% in August, according to the latest report from the state employment department. The state's overall unemployment rate is 6.2%.
ESCONDIDO, CA-An LLC and an LP acquire the circa 1986 property, which is known as The Acres. The new owners plan to make cosmetic upgrades to the complex, as well as fix some minor deferred maintenance.