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SAN DIEGO — Lee & Associates has arranged Zephyr Partners-RE LLC’s $7.6 million acquisition of a 0.32-acre land parcel, located at 1030 Pearl St. and 7522-7532 Herschel Ave. in the La Jolla area of San Diego. Currently improved with office and apartment buildings, the 27,687-square-foot parcel is fully entitled for 24 town homes. Zephyr plans to demolish the existing structures and break ground for a new development in the next 3 to 4 months. Lee & Associates’ Matt Weaver, Patrick Miller and Trevor Jensen represented the buyer in the transaction, and Colliers International’s Victor Krebs represented the seller, Pearl & Herschel LLC.