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• Davlyn Investments Acquires 35k sf La Jolla Retail Property
11/21/12
Davlyn Investments has purchased Wall Street Plaza, a 35k sf, three-story retail building in La Jolla, for $3.75 mil ($107/sf). The property was purchased all cash and is currently 18% occupied by Panera Bread and Lawrence Po...
Price: $4.99
Executive Subscriber Price: Free
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• Torrance Strip Center Sells for Over $1,000/sf
11/20/12
A 4.2k sf retail strip center in Torrance sold for $4.62 mil, of $1,064/sf, in a deal that we’re told represents the highest sale price per square foot for a multi-tenant strip center in Los Angeles County in 2012. The proper...
Price: $4.99
Executive Subscriber Price: Free
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• Draftsmen & Craftsmen
11/16/12
Nadel Architects has completed the design for The Village at Nellie Gail Ranch, an existing shopping center in Laguna Hills that is about to undergo an exciting renovation and expansion. The project has recently received enti...
Price: $4.99
Executive Subscriber Price: Free
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• Unique Venice Boardwalk Portfolio Offered for $25 Mil
11/16/12
Here’s an opportunity to acquire a unique portfolio consisting of four properties all located along the world-famous Venice Beach boardwalk. The offering includes three mixed-use properties and one 19k sf foot parking/open-ai...
Price: $4.99
Executive Subscriber Price: Free
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• Cohen Financial Arranges $52 Mil Refi of Torrance Retail Center
11/15/12
Don C. Trossman and Ryan Porter of Cohen Financial have a $52 mil refi of Rolling Hills Plaza, a 350k sf lifestyle retail center in Torrance. The property, located at Crenshaw Blvd and Pacific Coast Highway, also contains 58k...
Price: $4.99
Executive Subscriber Price: Free
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• Angelo Gordon and City Center Realty Partners Purchase Emeryville Public Market
11/15/12
Angelo Gordon and City Center Realty Partners have acquired Emeryville Public Market, a 270k sf, mixed-use property in the East Bay city of Emeryville. The asset was sold by TMG Partners and Rockwood Capital.
Although the p...
Price: $4.99
Executive Subscriber Price: Free
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• Thompson National Properties Spends $32 Mil on Hawaii Retail Center
11/14/12
Thompson National Properties (TNP) has purchased Lahaina Gateway, an upscale, 137k sf, grocery-anchored shopping center in Lahaina, Maui, for $32 mil ($234/sf) in an off-market deal. The property was sold as an REO by Central...
Price: $4.99
Executive Subscriber Price: Free
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• Scottsdale Retail Center Trades for $39 Mil
11/13/12
We’ve got two recent AZ retail sales to report, one a $39 mil buy in Scottsdale and the other an $8 mil deal in Glendale. Together they contain about 163k sf of total space.
In Scottsdale, Global Retail Investors, out of Bet...
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• Lender-Owned Phoenix Retail Center Trades for Over $15 Mil
11/12/12
Houston-based Whitestone REIT closed on a Phoenix retail acquisition, paying $15.37 mil for Fountain Square, a 118.2k sf ($130/sf) lender-owned shopping plaza. The property was originally developed in 1986 by Charles Keating ...
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• CA Retail Briefs
11/09/12
SAN BERNARDINO (San Bernardino County) – A 1031 exchange buyer paid $2.975 mil for a 21.3k sf retail property located at 228 West Hospitality Lane. Built in 1989, the property is anchored by Soup Plantation. It was 88 percent...
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• La Jolla Mixed-Use Property Sold Through Auction .com Platform for $395/sf
11/08/12
In a recent La Jolla purchase, a private investor paid $7.2 mil for Villa Norte, a 19.7k sf mixed-use property. The property sold for a CAP rate of 5.30% and was approximately 67% occupied at the time of sale. The deal worke...
Price: $4.99
Executive Subscriber Price: Free
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• Four Recent Signings Bring Lakewood Retail Center to 98% Leased
11/07/12
Four recent tenant signings at the Carwood Center in Lakewood total to roughly 9.1k sf and bring the retail center to 98% leased. The leases have a combined value of over $1 mil. The 107k sf, Vons-anchored center is located a...
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• TIAA-CREF Buys 39k sf Building in San Francisco’s Union Square
11/06/12
In a San Francisco office buy, TIAA-CREF purchased 228-240 Post Street, a 39k sf, multi-level luxury retail property which formerly served as the downtown San Francisco location for Ann Taylor. The property is located between...
Price: $4.99
Executive Subscriber Price: Free
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• As LA’s Economy Improves, Retail Should Follow
10/31/12
Los Angeles employers added more positions in the second quarter than during any other three-month period over the last decade — an indication that the county’s economic recovery could be gaining traction, which will support ...
Price: $4.99
Executive Subscriber Price: Free
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• San Diego Investor Pays $300/sf for Redondo Beach Retail Property
10/31/12
King Harbor Plaza, a 13.1k sf retail strip center located within an Albertsons-anchored shopping center in Redondo Beach, recently traded hands at a price of $3.91 mil, or $299/sf. The property, acquired by a San Diego-based ...
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• Pearlmark Real Estate Partners and Pacific Equity Properties Refi Tarzana Retail Center
10/30/12
Pearlmark Real Estate Partners and Pacific Equity Properties have obtained a $34.8 mil first mortgage refi loan on Village Walk, a 146k sf retail center in Tarzana. The new loan was originated by Ronnie Gul of Mesa West Capit...
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• Nordstrom Rack and Whole Foods are New Anchor Tenants at Palm Desert Retail Center
10/29/12
Nordstrom Rack and Whole Foods Market Inc are the latest national retailers to ink leases at One Eleven Town Center in Palm Desert. The two popular retailers will serve as the co-anchors of the center, owned by Harsch Investm...
Price: $4.99
Executive Subscriber Price: Free
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• Read Wraps Up Three Retail Projects in WA and OR
10/26/12
Read Investments LLC recently completed the acquisition and development of three retail properties in Washington and Oregon. Combined, the three deals are valued in excess of $10 mil and expand Read Investments’ portfolio to...
Price: $4.99
Executive Subscriber Price: Free
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• Terramar Underway with Redevelopment of the Old Police Headquarters in San Diego’s Seaport District
10/25/12
Terramar Retail Centers has begun work on The Headquarters, a $40 mil adaptive re-use and renovation of the Old Police Headquarters building into an approximately 100k sf, dining and entertainment destination adjacent to Seap...
Price: $4.99
Executive Subscriber Price: Free
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• Santa Clarita Shangri-La Sells for $10 Mil
10/24/12
The Center at Shangri-La, a 53.7k sf shopping center in Santa Clarita, sold for $10 mil ($186/sf). The center is located at 18635 Soledad Canyon Rd, approximately 35 miles northwest of downtown Los Angeles.
Co-anch...
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