SAN DIEGO, CA-JMI Realty Inc. turns its multifamily development business into a stand-alone real estate company. Known as Casoleil Residential, the new company is focusing on the development and redevelopment of class A residential communities in Southern California.

SAN DIEGO, CA-Crumbs LLC dba It's a Grind will occupy 1,444 sf of ground floor retail space in the condominium building. The coffeehouse plans to move to its new location in December of this year.

SAN DIEGO, CA-The City of San Diego Planning Commission unanimously endorses the city's Strategic Framework Element, a proposed amendment to the city's 1979 General Plan. The vote bodes well for the citizen-developed City of Villages strategy, which is part of the proposed amendment.

LA JOLLA, CA-Ramsey Real Estate Group, in conjunction with Prospect Square LLC, sells the 32,950-sf mixed-use project to a Los Angeles-based limited partnership. Located at 1025 Prospect St., the complex contains retail, restaurant and office space, as well as three levels of subterranean parking.

SAN DIEGO, CA-Construction of the toll road section of state route 125 is expected to begin next year, now that the Australian firm Macquarie Infrastructure Group is wrapping up a deal to purchase rights to the SR-125 tollway project.

SAN DIEGO, CA-Arden Realty Inc. purchases four office properties encompassing a total of 370,000 sf from Equity Office Properties Trust. The recent additions bring Arden's portfolio to around 19.4 million sf, including more than 2.8 million sf in San Diego County.

SAN DIEGO, CA-The San Diego-based REIT acquires an open-air retail center in Sterling, VA and sells off two self-storage facilities, which fetch $46 million in proceeds for the company. The recent transactions reflect the REIT's continuing strategy to focus on retail product, while shedding non-core assets.

SAN DIEGO, CA-The office and industrial transactions involve a 37-month agreement for drop ceiling production area and office space at 7340 Trade St., a 36-month lease for office and warehouse space at 9682 Via Excelencia and a 35-month deal for general office space at 16644 W. Bernardo Drive.