KEARNY MESA, CA-The facility, which is rising on Othello Avenue in Kearny Mesa, will encompass two stories and 7,000 sf at build-out. Completion is slated for December 2003.

SAN DIEGO, CA-Allegiance Financial Services, the mortgage brokerage and escrow company, renews its contract for 8,655 sf in the Westcore Corporate Center and also agrees to lease an additional 1,549 sf here.

SAN DIEGO-Known as Arroyo Villas, the 36-unit multifamily asset stands at 1060 Vale Terrace. Originally built as a condominium project in 1979, the property is currently operated as an apartment complex.

LEMON GROVE, CA-Seller Aimco Capital sews up the deal on the 150-unit, affordable multifamily property, which was snapped up by a private investor within just 48 hours of being listed.

SAN DIEGO, CA-PETCO Animal Supplies Inc. purchases a nine-acre parcel and two facilities encompassing around 86,000 sf at 8945 Rehco Rd. in the Sorrento Mesa area of San Diego. Company officials say the acquisitions will more than double the size of PETCO's national headquarters campus.

SAN DIEGO, CA-Portland-based ScanlanKemperBard Cos. beefs up its San Diego portfolio with the acquisition of two Mission Valley office properties in separate transactions worth $36.7 million combined.

SAN DIEGO, CA-Hibiscus Investments Inc. acquires the Torrey View Corporate Center from a joint venture involving San Diego Realty Advisors LLC and Southland Property Group. Encompassing 71,788 sf, the class A office facility stands on a 4,24-acre parcel within the Torrey Hills master-planned development. It is currently 86% leased.

SAN DIEGO, CA-Hibiscus Investments Inc. acquires the Torrey View Corporate Center from a joint venture involving San Diego Realty Advisors LLC and Southland Property Group. Encompassing 71,788 sf, the class A office facility stands on a 4,24-acre parcel within the Torrey Hills master-planned development. It is currently 86% leased.