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SAN DIEGO — BRE Properties has purchased 194 units in the Monarch at Scripps Ranch luxury apartment community, located at 10776 Scripps Ranch Blvd. in San Diego, from Interwest Capital Corp. for $46.2 million. The unit mix comprises 80 one-bedroom/one-bath units, 108 two-bedroom/two-bath units and six three-bedroom/two-bath units. BRE Properties acquired 74 percent of the total 262 units in the development as the remaining units had previously been converted to condominiums and are all individually owned. Cushman & Wakefield’s Ed Rosen, John Chu and Alejandro Lombrozo represented both the buyer and the seller in the transaction.