SAN DIEGO-A locally-based REIT has announced Feb. 28 as the record date for determining stockholders entitled to receive a distribution from the pending sale of two of the company's California retail properties.

SAN DIEGO-An institutional investor has purchased the 14.71-acre Sycamore Vista Business Park site along Sycamore Avenue in Vista in a deal valued at about $5.8 million -- one of several North County industrial deals in recent months.

CHULA VISTA, CA-Hitachi Home Electronics will be making its home here, with an 85,000-sf headquarters. The electronics manufacturer will lease the facility within six months and for a minimum of 10 years.

VISTA, CA-Owners of the city's more than 20,000 properties are going to the polls to decide whether to tax themselves -- or face big cuts in city services.

SAN MARCOS, CA-A lawsuit may be filed if the city moves forward with an ordinance requiring developers to turn over all new utility lines to San Marcos. The ordinance, if adopted, could launch the city into the municipal utility business.

CARLSBAD, CA-A nine-building, 102,000-sf office known as the Genesis Corporate Center has seen half its buildings sold out or leased to various tenants, is now complete.

SAN DIEGO-99 Cent Only Stores leased 16,200 sf of retail space in Clairemont Town Square for 10 years. 7-Eleven signed a 20-year lease for 28,444 sf in the Valhalla Village Retail Center in El Cajon.

SAN DIEGO-A recent report finds that the affordability gap between renting and homeownership is shielding the apartment market from the full force of the recession.