SAN DIEGO-A 338,000-sf office tower in Downtown sells for $95.5 million, representing another major transaction for the city. Legacy Partners acquires the class A tower.

TEMECULA, CA-Universe Holding Development Co. LLC picks up Acacia Park Resort Apartment Homes. The firm plans major renovations for the 320-unit property.

SAN DIEGO-Apple Suites Realty Group Inc. picks up the 200-room Hilton Garden Inn for $34.5 million. The sale represents just one of the multiple hotel transactions closing recently in the San Diego area.

SAN DIEGO-Copley Corporate Center, a 120,483-sf office property in the Kearny Mesa submarket, sells for $41.5 million. Tenants at the 100% occupied property include HSBC Auto Finance, University of California Regents and Kaiser Foundation Hospitals.

LA JOLLA, CA-Sunstone Hotel Investors Inc. picks up the 335-room Embassy Suites Hotel for $100 million. The 68-room StayBridge Suites Hotel in Downtown San Diego also finds a new owner.

PHOENIX-The local real estate market has flourished in recent years, with the Valley's population spike and soaring job market priming the pump. Experts at RealShare Phoenix agreed, however, that to keep riding high, supply and demand must stay in check.

PHOENIX-The local real estate market has flourished in recent years, with the Valley's population spike and soaring job market priming the pump. Experts at RealShare Phoenix agreed, however, that to keep riding high, supply and demand must stay in check.

SAN DIEGO-Two ground-up projects receive equity investment capital from the $90 million San Diego Smart Growth Fund. Plans include 75 residential condos as 10 small office buildings.