SAN DIEGO-Continuing the hot investment market concerning office property, the 63,261-sf office park changed hands. The two-building, three-story property, which was constructed in 1984, was 97% leased at the time of sale.

SAN DIEGO-The partners will pursue condo conversions throughout the Western US. The new venture, to be known as ColRich Residential LLC, will rely on the more than $175 million capital already pooled by Resmark, to fund its future projects.

SAN DIEGO-The locally based company joins forces with Apartment Realty Advisors in a new entity called ARA/Pacific. The new venture will provide ARA with 11 offices nationwide, including new locations in San Diego and Las Vegas and will give Burnham a national platform for its multifamily division.

SAN DIEGO-Plans are in place for Brewery II Rowhomes, an 85,000-sf, mixed-use project planned for land now being used as airport parking.

CANYON HILLS, CA-Development and investment company plans a 135,000-sf retail center on site.

SAN DIEGO-The West Bernardo Corporate Center has been sold for $10 million, while 12230 World Trade Dr., in the Carmel Mountain Rancho area of the city, fetches $9.8 million.

CARLSBAD, CA-Plans are in place for 1.5 million sf of industrial and office space.

LA JOLLA, CA-The Chicago-based REIT landed one of the San Diego area's trophy properties, La Jolla Executive Tower, a 227,570-sf class A office tower.