DEL MAR, CA-Ocean 8 View LLC c/o Levine Management shells out more than $3.1 million for the 6,900-sf office facility, which was 40% occupied at the time of sale. An insurance company headed up by the new owner's son plans to take space in the building.

ESCONDIDO, CA-The buyer, Lin Family Trust, shells out $5.4 million for the 29,474-sf office property, which stands on a 2.8-acre parcel in Escondido. The complex, which was built in the 1970s, is occupied by Wells Fargo Bank and the Escondido Union School District.

SAN DIEGO-Although still sluggish compared to San Diego County's industrial market, the R&D sector is supposed to pick up by year-end, according to Burnham Real Estate researchers. Vacancy currently stands at 17.1%, with a year-to-date net absorption of negative 116,465 sf.

SAN DIEGO, CA-The entity, known as ND Properties Inc., secures the funds from life company lender Aegon USA Realty Advisors. The borrower is using the loan to refinance its 378,536-sf Stone Crest asset in San Diego.

SAN DIEGO, CA-The firm pays $61.9 million for the Sorrento Mesa properties, which encompass a total of 438,142 sf and are currently 75% occupied. The Shidler Group plans to hold the assets for five to seven years.

SAN DIEGO, CA-The Newport Beach-based investment and development firm plans to reposition the property with a $300,000 renovation that is expected to boost occupancy here. Encompassing 103,500 sf, the building is currently 50% occupied.

VISTA, CA-The firm, through its LBA Realty Fund, adds more than 200,000 sf of industrial space to its San Diego County commercial real estate portfolio, as a result of two separate transactions involving the acquisition of the GE Osmonics facility and Shadowridge Business Park.

CARLSBAD, CA-The Gilbert J. Martin Trust acquires the property, known as City Business Park, from Carlsbad Industrial Associates. Encompassing approximately 102,000 sf, the facility is nearly 99% occupied.