KEARNY MESA, CA-San Clemente, CA-based Argus Realty Investors LP extends its San Diego area portfolio with the acquisition of Telecom Business Center for $22.9 million. Argus pays $225 per sf for the property.

CARLSBAD, CA-Developer Kelly Capital Group acquires 11 more acres at the Bressi Ranch Corporate Center. The firm now holds 62 acres at the ranch, where it plans to develop office, flex and industrial projects.

CARLSBAD, CA-Developer Kelly Capital Group acquires 11 more acres at the Bressi Ranch Corporate Center. The firm now holds 62 acres at the ranch, where it plans to develop office, flex and industrial projects.

SAN DIEGO-Local firm Sunroad Asset Management, a subsidiary of Sunroad Enterprises, plans to develop a 600-room hotel in two phases. The first phase would count 400 rooms in a 26-story tower while the second phase would call for a 12-story, 200-room property.

CHULA VISTA, CA-Local Developer Sudberry Properties closes on a $51.5 million loan with Freemont Investment & Loan to develop Village Walk at Eastlake. The 157,000-sf project will sit on 13.25 acres and will break ground in February 2006.

CHULA VISTA, CA-Local Developer Sudberry Properties closes on a $51.5-million loan with Freemont Investment & Loan to develop Village Walk at Eastlake. The 157,000-sf project will sit on 13.25 acres and will break ground in February 2006.

SAN DIEGO-LGE MobileComm USA Inc., consolidates and expands its local operations. The firm renovates and expands its existing 12,000 sf, turning it into a 38,000 sf corporate headquarters facility.

JAMUL, CA-After a long battle over its development, the Jamul Casino, Hotel & Resort is set to break ground on December 10. The property will go up on a six-acre site.