The Deal of the Week lessor was represented by Eric Vann and Derek Applbaum, of Cushman & Wakefield.

Los Angeles-based Kilroy Realty L.P. has completed its purchase of the 279,429-square-foot Mission City Corporate Center in Mission Valley for a reported $70.5 million.

Padre Plaza, a 31,960-square-foot, Class B office building in Mission Valley at 3505 Camino del Rio South, San Diego 92108, has been sold for approximately $3.9 million.

San Diego's City Council on Tuesday unanimously approved OliverMcMillan's proposal to transform the existing 41.3-acre Mission Valley site known as Hazard Center into an environmentally-sustainable and transit-oriented urban neighborhood.

Planning and environmental review for the Quarry Falls community was approved by the city of San Diego in the fall 2008. Quarry Falls will transform a 70-year-old sand and gravel quarry into a sustainable community with nearly 5,000 homes (including senior housing and 500 affordable units), 900,000 square feet of office and retail uses, potential for a K-8 or K-12 public charter school, access to San Diego's Light Rail System and abundant acres of park space -- all within a 15 minute walk of each other.

The broad open sweep of the San Diego River Valley, located at the geographic heart of the City of San Diego, has always attracted settlers and development.  From the early days when the Indians built their villages along the river banks to its present reincarnation as an urban center for shopping, hotels, restaurants and office buildings, the valley has been a center of activity for the San Diego area. In 1769, Fr. Junipero Serra relocated Mission San Diego de Alcala to the valley from the Presidio areas. 

The mission gave the area its name and also established agriculture as its primary business.  Dairy farms thrived and cows dotted the landscape for many years.  In the early part of the 1900s sand and gravel quarries were important industries. Several are still operating today.