LA JOLLA, CA-ITLA Capital Corp. reports that its net income for the first quarter of 2003 jumped to $13 million from $4.7 million in the first quarter of 2002. Company officials say it is the highest level of quarterly profitability in the history of the 28-year-old firm.

ADELANTO, CA-An LP acquires the 96-unit complex, known as Mariposa Apartments. Built in 1986, the one-story property is currently 100% occupied.

ALPINE, CA-United Development Group snaps up the 33-unit apartment asset, which stands at 2616 Alpine Blvd. The new owner plans to convert the property into condominiums.

SAN DIEGO-The company, which specializes in printing and graphic design, inks a 10-year transaction for industrial space in Harbor Center. Power Printing Inc. will take 14,600 sf in the property, which stands at 2393 Newton Ave. in San Diego.

SAN DIEGO-In the latest sign of BRE Commercial/NAI's continuous growth in the San Diego region, the firm has added another member to its UTC office. Josh D. Vasbinder has left his post as broker associate at Grubb & Ellis Co. to join BRE's office properties group

SAN DIEGO-Westcore Industrial Properties acquires REMEC's business campus, which is located in San Diego's Kearny Mesa area. The transaction will allow REMEC to retire its existing synthetic lease against the property.

SAN DIEGO-The owners of One America Plaza take high-tech tenancy to a new horizon by installing a common, agnostic network in the trophy office tower that will allow it to offer gigabit network speeds at a low cost.

INLAND EMPIRE, CA-In a sure mark of growth for the Inland Empire's manufacturing sector, the local Purchasing Managers' Index rose to 51.1% in April from 49.8% in March, which can only mean a boost for the area's industrial market.