SAN DIEGO-The locally based retail REIT announces completion of the sale of three properties and one leasehold to a group led by affiliates of PO'B Montgomery & Company and Apollo Real Estate Advisors in a deal valued at $24.8 million.

SAN DIEGO-County officials have hired a local firm to oversee design work on the North Embarcadero redevelopment plan. They have earmarked $2 million for the task.

SAN DIEGO-Nonresidential construction permits dipped for the first time since 1994 last year, according to the Construction Industry Research Board's 2001 report. Multifamily home construction also was down.

DEL MAR, CA-Of 300 companies solicited for naming rights to the Del Mar Fairgrounds, only 50 have responded and all have declined to open their wallets. Some three million visitors pass through the fairgrounds' entrance each year.

DEL MAR, CA-A major office REIT has bought land at the San Diego Corporate Center for two office buildings totaling 160,000 sf in a deal valued at $10.5 million.

SAN DIEGO-The port will try to win state approval for its purchase of land for four Downtown parking lots to serve the proposed ballpark and the San Diego Convention Center.

OCEANSIDE-City officials may try to delay an election on the future of the area known as El Corazon. Council members last week were going to schedule a special May election. But a city study released Friday says a state law may allow the council to delay the measure until the Nov. 5 election.

OCEANSIDE, CA-A developer has bought 30 acres in Oceanside's Ocean Ranch Corporate Center in a deal valued at almost $10.5 million. Hamann Construction and Carltas Investments hope to build a mixed-use facility for sale or lease.