SAN DIEGO-MIT Lending signs a 62-month lease for a move into 6,856 sf of office space at Rio Vista Tower in a $1 million transaction.

COLTON, CA-The Washington Office Plaza, a medical office project, sells for approximately $7.9 million in a 1031 exchange.

TORRANCE, CA-One university buys its building for $11.9 million, and another signs a $10 million lease for space at an Arden property in Culver City.

SAN DIEGO COUNTY-The number and dollar volume of hotel sales in the county have both declined this year, but investors are paying higher prices per room.

SAN DIEGO-The firm of Siegel & Moreno signs a lease to occupy 6,430 sf of office space at 707 Broadway. The deal is for 69 months and totals $760,000.

RIVERSIDE, CA-KDF Communities of Newport Beach acquires the 156-unit Breezewood Apartments complex from the Riverside County Housing Authority for $8.5 million.

BAKERSFIELD, CA-The five transactions include $3.5 million of retail leases at the new Village at Towne Centre shopping center, scheduled to open next year.

REDLANDS, CA-The Irvine-based real estate development and management firm strikes a deal with USAA Real Estate Co. of San Antonio, TX, for the approximately 984,000-sf warehouse.