SAN DIEGO-The Shidler Group purchases the two-building office complex from RRBP LP. Encompassing 48,342 sf, the asset is occupied by tenants including United Tote Co. and AOA Geomarine Operations.

SAN DIEGO-VCC Investors LP, a partnership of the Birtcher Anderson Co. that acquired the Mission Valley office asset around 18 months ago, sells the 171,391-sf property to The Hearn Co. The facility is currently occupied by more than 80 tenants.

SAN DIEGO-Carlsbad-based Newport National Corp. makes its first foray into the Mission Valley submarket with a decision to develop a 73,100-sf office facility here. Slated to rise on Friars Road, the proposed building will comprise the second phase of the Rio San Diego Plaza park.

SAN DIEGO-Chase Automotive Finance inks an $8.3-million lease for 61,106 sf of office space in the Legacy Sabre Springs complex. Comprised of two office facilities, Legacy Sabre Springs is located at 13500 and 13520 Evening Creek Drive North.

CARLSBAD, CA-Continuing Life Communities' new Carlsbad projects, Glenview Assisted Living and GlenBrook Skilled Nursing, have celebrated their grand openings. Housed in the same health care center, the projects will provide residents with a range of services, including full-service rehabilitation and mental stimulation programs.

SAN DIEGO-The new division, known as the Capstone Direct Lending Group, is focused on commercial and residential real estate product throughout the Western US. Headed up by industry veteran Justin Bert, the group specializes in short-term bridge financing.

SAN DIEGO-Best, Best & Krieger signs a lease for nearly 20,000 sf at the Broadway 655 office tower, which is currently under construction. The agreement is valued at more than $6 million.

SANTA YSABEL, CA-The Indian Health Council Inc. wraps up work on its 6,100-sf satellite clinic located on Old School House Canyon Road.