PALM DESERT, CA-Cornerstone Developers obtains the capital infusion from Biltmore Communities Inc. for the acquisition of 238 acres, which will be platted for commercial space, apartments and single-family homes.

SAN DIEGO-The agreement grants One America exclusive negotiating rights with the Centre City Development Corp. for 300 days to explore options for a downtown parcel.

SAN DIEGO-The brokerage adds three to the ranks of its San Diego office, part of what it says will be a continuing expansion.

LOS ANGELES-The Los Angeles-based investment firm is selling non-core assets and diverting the capital into larger trophy assets to expand its investment horizons into new property types. Two are sold and three are under contract.

SANTA ANA, CA-The $2.2-million sale is the third disposition in the office portfolio since CT acquired it from Newport Federal in 2001, with the fourth under contract. The 18,126-sf Boardwalk is an 82%-leased building that went to two private investors.

SANTA ANA, CA-The $2.2-million sale is the third disposition in the office portfolio since CT acquired it from Newport Federal in 2001, with the fourth under contract. The 18,126-sf Boardwalk is an 82%-leased building that went to two private investors.

RICHMOND, CA-The third-party logistics provider will convert a former Crown Cork & Seal manufacturing facility into warehouse and distribution space.

SAN DIEGO-CityMark Development plans 77 units of market rate condominiums near the new parking garage under construction at J and 10th streets.