ESCONDIDO, CA-With investment dollars steadily streaming into the San Diego County multifamily market, another apartment complex has recently traded hands here for $13.4 million. Known as El Norte Heights, the property is located in Escondido.

ESCONDIDO, CA-Another shopping center trades hands in North County, which is currently considered one of the strongest retail submarkets in the region. The transaction is the second retail deal reported in North County this week.

FALLBROOK, CA-GMS Realty LLC sells its retail asset located in the Fallbrook Mercantile Shopping Center to Barclay's Realty & Management Co. Inc. for $196 per sf. Encompassing 70,380 sf, the property is anchored by Major Market.

SAN DIEGO-Developer JMI Realty Inc. plans to use the financing for the construction of its 235-room boutique hotel it is building at 6th and J streets in the Gaslamp Quarter of Downtown.

SAN DIEGO-Pan Pacific Retail Properties' recent report of a debt-to-total market cap of 31% for year-end 2003 marks the lowest level on record for the company. In addition, the shopping center REIT experienced a 33.7% jump in FFO and a 34.5% rise in net income from 2002 to 2003.

SAN MARCOS, CA-A 135,924-sf Wal-Mart has opened as an anchor tenant in Nordahl Marketplace, marking a major step in the rehab of the shopping complex formerly known as Vallecitos Town Center.

SAN DIEGO-HG Fenton Co. has created three new positions, which has resulted in the promotions of Geoff Swortwood, Shelly Weld and Kevin Hill.

SAN DIEGO-Groundbreaking may soon be on the horizon for the Marriott Renaissance Hotel project, as Centre City Development Corp.'s board of directors has recommended approval of the proposed Disposition and Development Agreement with developer GRH LLC.