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• Living Spaces Gets State-of-the-Art Space at The Plant
4/02/08
A new $20 mil state-of-the-art warehouse and showroom for Living Spaces Furniture was just completed at “The Plant” in Panorama City, replacing what was the largest metal building at the former General Motors assembly plant w...
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• Investors Snap Up OC Retail Opportunities
4/01/08
Well-located retail properties are still attracting considerable investor interest, even with the increasing difficulties in obtaining financing for the deals. In Orange County, a 35.1k sf retail asset at 1020-1098 N. Euclid ...
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• Vegas Big-Box Center Opens to Big Expectations
3/31/08
A new 950k sf big-box retail center located off I-215 in Las Vegas just opened to the public with a wide-ranging combination of big-box retailers, major anchors, multi-tenant sites and stand-alone restaurants. The project, Th...
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• Renovated Union Square Building Offers Unique Presence for One Retailer
3/26/08
A historic 24k sf retail property in San Francisco’s Union Square is being marketed for lease, offering one major high-end retailer with an opportunity for a truly bold footprint in one of the world’s most desirable tourist l...
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• Heslin Becker Finishes Work on Redeveloped Pico Rivera Center
3/26/08
Construction has been completed on Pico Plaza, a 30k sf shopping center in the heart of urban Pico Rivera. The center, which is now open for business, boasts a strong tenant line-up that includes Rite Aid, Subway and Starbuck...
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• Shea Signs Five Tenants to New Chula Vista Retail Center
3/25/08
Leasing at The Marketplace at Windingwalk, a 104k sf neighborhood shopping center currently under development in Chula Vista, is progressing ahead of schedule with the recent signings of five new deals at the center, totaling...
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• Conejo Valley Gets High-End Home Furnishings Super-Center
3/24/08
A new 120k sf home furnishing center in the Conejo Valley puts a number of high-end home furnishings retailers together under one large roof in Agoura Hills. The unique furniture retail complex is a development of Woodland Hi...
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• NewMark Merrill Picks Up San Diego-Area Retail Asset
3/19/08
A 53k sf retail center in El Cajon was purchased for $11 mil ($208/sf) by NewMark Merrill Company, the LA-based shopping center owner and developer. The property, El Cajon Town & Country Shopping Center, is located at Second ...
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• Brea Strip Center Sells at 4.7 Percent Cap Rate
3/18/08
A 6.6k sf strip center in the OC town of Brea traded hands in a recent $3.12 mil ($473/sf) deal with a 4.7 percent cap rate. The multi-tenant asset is situated on .53 acres at 401 North Brea Blvd, just north of the Birch Stre...
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• Vernal Utah Enjoying Retail Boom
3/13/08
A 2.5-acre land parcel at the corner of 2000 West and Hwy 40 in Vernal, UT was recently acquired by LA-based The Merrill Group of Companies for the development of a 109-room, four-story hotel inn and suites featuring conferen...
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• Retail Real Estate in LA County Expected to Have Good Year in 2008
3/12/08
Retail properties throughout Los Angeles County are expected to have a healthy year in 2008, despite moderating economic expansion, according to the latest research from national brokerage firm Marcus & Millichap. The forecas...
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• Starbucks Center Gets Underway in Rancho Bernardo
3/11/08
HP Enterprises has begun construction on a 7.2k sf retail center located at the southeast corner of Rancho Bernardo Rd and West Bernardo Dr in Rancho Bernardo. Starbucks has signed a 10-year lease for 1.9k sf of space in the ...
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• CA and AZ Retail Briefs
3/10/08
TUSTIN (Orange County) -- Wags & Wiggles Dog Daycare signed a 10-year, $2.34 mil lease for 21.6k sf of space at 14402 Chamber Rd. Wags & Wiggles is a family-owned and operated business, which plans to open its new facility in...
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• Increased Construction Expected to Bump Up Retail Vacancies in the Inland Empire
3/07/08
While an increase in construction activity is expected to lead to an uptick in vacancy this year, the Inland Empire’s strong demand drivers support a favorable long-term outlook for the region’s retail market, according to th...
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• SoCal Retail Briefs
3/06/08
LOS ANGELES (Los Angeles County) -- Maxxam Enterprises has completed work on 777 East 12th St, a 60k sf wholesale center located at 12th and Towne Ave, within the thriving Fashion District of Los Angeles. The development, whi...
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• Caruso Goes Shopping for Tiffany’s
3/05/08
It won’t be long now before Glendale shoppers will be able to enjoy breakfast at Tiffany’s, as the iconic high-end jewelry retailer and manufacturer has announced plans to open a smaller-format store in The Americana at Brand...
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• New Grocery and Drugstore-Anchored Center Gets Underway in Corona
3/04/08
Residents in many parts of the Inland Empire are enjoying many more shopping choices these days, as developers continue to add more product to the region to meet the demands of a diverse and growing population. In Corona, Mar...
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• Ontario Strip Center Sells for $7.4 Mil
3/03/08
Archibald’s Plaza, a 15.5k sf Starbucks-anchored retail center in Ontario, was purchased by a Rolling Hills Estates-based investor for $7.38 mil ($476/sf). The multi-tenant strip center is located at 2910 & 2920 Archibald Ave...
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• Marshalls Inks Deal for New San Diego Store
2/29/08
Marshalls, the discount department store chain, has agreed to a 10-year, $3.43 mil lease for a 25.6k sf ($1.12/sfmo) retail building previously operated by Pacific Theatre. The building is located in University Square shoppin...
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• New Rancho Cucamonga Center Sells for $681/sf
2/28/08
A San Diego-based investment entity paid $19.75 mil for Foothill Plaza, a 29k sf ($681/sf) center in Rancho Cucamonga. The property, which was completed in July 2007, is located at the intersection of the 15 Fwy and Foothill ...
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