SAN DIEGO-A national developer, owner and manager of retail property has purchased the Plaza Sorrento Shopping Center for $18 million. The 97,916-sf shopping center, on 8.8 acres in the heart of Mira Mesa, is occupied primarily by retail tenants including Bally Total Fitness and Burger King.

SAN DIEGO-In a boost for the city's waterfront and sagging tourism industry, Royal Caribbean International and the Port of San Diego reports that Grandeur of the Seas will sail from the California seaport this summer.

CHULA VISTA, CA-An emergency increase of development impact fees has won city approval. Officials say the 87% increase is needed to help pay for a new $63 million police station and $37.6 million civic center renovation.

SAN DIEGO-In the latest of a series of office expansions or relocations by law firms in the county, Belsky & Associates has signed a 62-month lease for 5,413 sf of office space at 591 Camino de la Reina in the Mission Valley Financial Center.

SAN DIEGO-The Shidler Group has made its second large purchase of the month, this one a biotech campus in Sorrento Mesa in a deal valued at $62.5 million.

SAN DIEGO-Mission Valley's hot market gets another as Washington Mutual Bank inks a 5-year lease for $1.25 million. Activity has been strong in the Mission Valley market of late. A commercial developer recently sold about 90 gross acres in Mission Valley to a residential builder in a deal valued at $50 million.

CHULA VISTA, CA-An emergency increase of development impact fees has won city approval. Officials say the 87% increase is needed to help pay for a new $63 million police station and $37.6 million civic center renovation.

SAN DIEGO-A team headed by Hilton Hotels and Lankford & Associates appears to have the edge in developing a $400 million hotel on the former Campbell Shipyard property.