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.

SAN DIEGO-According to new research by Burnham Real Estate, net absorption in the San Diego County industrial market may reach 2.7 million sf by the end of the year. Activity for the second quarter has been reported as 1.1 million sf and year-to-date net absorption totals 1.3 million sf.

LA JOLLA, CA-BDC Development Ltd., a subsidiary of All Star Investments, acquires the 17,000-sf Lion Clothing retail facility with plans to completely renovate the asset.

SAN DIEGO-The locally based real estate firm acquires an 18,619-sf facility that is currently occupied by the San Diego Regional Office of the California Department of Fish and Game. Located at 4949 Viewridge Ave., the property is comprised of 75% improved office space and 25% warehouse/storage space.

SAN DIEGO-Slated to rise at the southwest corner of Beech and Union streets, the project will bring 89 condominiums units and approximately 6,000 sf of retail space to the Little Italy district of Downtown.

OCEANSIDE, CA-United Dominion Realty Trust adds the asset to its nationwide multifamily portfolio, which is currently comprised of 75,809 apartment units. Located at 4401 Mission Ave. in Oceanside, Presidio houses 264 units and was 89% occupied at the time of sale.

CARLSBAD, CA-With groundbreaking on the project slated for early this autumn, HG Fenton Co. plans to add three multi-tenant, industrial buildings and a two-story, office building to the complex, which currently encompasses 150,173 sf.

OCEANSIDE, CA-An entity of the San Diego-based developer procures development rights to the $32-million Oceanside Terraces Condominiums from Southland Land Co. The project is expected to break ground sometime this fall.