The financing was announced by JLL Capital Markets, which worked on the deal on behalf of Summit to place eight uncrossed, fixed-rate loans with terms of 10, 12 and 15 years with a correspondent life insurance company.

In the last decade, more than 90% of all owner-user deals in San Diego have been properties under 30,000 square feet.

JJ Steeley of Carbon Lighthouse talked about the adoption of energy reduction programs at ALIS this week.

JAH Realty LP recently acquired a Tom Thumb shadow-anchored community center and office project with plans for renovations and re-merchandising for the 50%-occupied retail building and vacant office portion.