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July 5, 2020
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RETAIL NEWS
Archive
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• Retail Property at Wilshire and Western in LA Sells for $676/sf
1/30/14
In a notable LA area retail buy, a private investor from Dallas, TX purchased The Shops @ The Mercury, a 23.3k sf property located at 3800 Wilshire Blvd in LA’s Koreatown area, for $15.75 mil ($676/sf). Originally part of wha...
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• Heslin Holdings Completes 124k sf Oceanside Retail Buy
1/30/14
Heslin Holdings Inc has purchased Oceanside Plaza, a 124k sf retail center located in Oceanside. The property was acquired from Oceanside Plaza LLC for $11.25 mil ($91/sf) as a value-add opportunity with upside potential to b...
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• Progressive Real Estate Partners Completes Over 300k sf of Inland Empire Retail Deals in 2013
1/29/14
Progressive Real Estate Partners closed out 2013 having executed 109 transactions totaling over 300k sf of space in the Inland Empire for 2013. The firm, led by Brad Umansky, completed transactions with a wide variety of nati...
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• NBS Financial Services Arranges $43.5 Mil for OR Retail Center
1/23/14
NBS Financial Services has arranged $43.57 mil in permanent financing for Cedar Hills Crossing, a 464.2k sf retail property situated over 37 acres in Beaverton, OR. NBS’ Todd Harding and Mick Stapleton represented both the bo...
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• Kennedy Wilson Acquires San Fernando Valley Retail Property
1/23/14
Kennedy Wilson recently closed on another LA-area acquisition, picking up Victory Plaza, a 133k sf grocery-anchored retail center along with an adjacent 2.4-acre site zoned for multifamily. The retail center is located at 130...
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• Inland Empire Power Center Fetches $54 Mil
1/22/14
Foothill Crossing, a 312.3k sf regional power center in Rancho Cucamonga, sold for $54 mil ($173/sf). The property, located at 12181-12357 Foothill Blvd, was purchased by Tivoli Square Apartments, LP, a 1031 exchange buyer. ...
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• Colliers Arranges $10 Mil in Acquisition Money for San Jose Retail Property
1/21/14
Colliers International has arranged $10 mil in acquisition financing for a 69.8k sf retail building in San Jose. Located at 4070 - 4080 Stevens Creek Blvd, the property is 100% leased and will be anchored by a Wal-Mart Neighb...
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• Cole Pays $116 Mil for 430k sf of CO Power Center Space
1/20/14
Cole, a net-lease real estate investment trust (REIT), has purchased a major portion of Cornerstar, a 750k sf regional power center in Aurora, CO, from a joint venture between PCCP LLC and Alberta Development Partners. Cole ...
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• Newmark Realty Capital Arranges $8.5 Mil for AZ Retail Center
1/17/14
Newmark Realty Capital Inc has arranged $8.5 mil in permanent financing for Sun Shadow Square, an 84k sf retail center located in Sun City, AZ. The financing was arranged by Newmark’s Timothy Storey through one of the firm’s ...
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• LA South Bay Retail Property Listed for Sale
1/16/14
Gardena Valley Shopping Center, a 128.4k sf, neighborhood center in Los Angeles’ South Bay region, has been listed for sale. The asset boasts nearly full occupancy and has been among the most successful retail shopping destin...
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• Lincoln Property Company and Centennial Real Estate Acquire Third Street Promenade Building in Santa Monica
1/15/14
A 27k sf building situated along Santa Monica’s desirable Third Street Promenade was purchased by a venture of Lincoln Property Company and Centennial Real Estate for $20.5 mil. The new owners plan to begin a series of renova...
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• North Las Vegas Retail Center Trades for $10 Mil
1/14/14
Craig Promenade, an 86.4k sf shopping center in North Las Vegas, traded hands in a transaction valued at $10.1 mil ($117/sf). The property, located at 525-785 W. Craig Rd, was purchased by RREF II-KI Promenade LLC, a joint ve...
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• Vestar and UBS Global Asset Managed Fund Team Up in $123 Mil CO Retail Buy
1/09/14
In a big Colorado retail buy, a joint venture between Vestar, and a fund advised by UBS Global Asset Management has acquired Orchard Town Center, a 914k sf, open-air regional retail center located in Westminster, CO. The asse...
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• Terramar Retail Centers Closes $100 Mil Hawaii Purchase
1/08/14
Laulani Village Shopping Center, a newly developed 223k sf neighborhood retail center in Ewa Beach, Oahu, Hawaii, was acquired by Terramar Retail Centers for $99.5 mil ($446/sf). The asset was sold by Property Development Cen...
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• Target Opening Two New NoCal Stores
1/03/14
National retailing giant Target has inked deals for two new NoCal stores, in Santa Clara and Santa Rosa. Matt Kircher of Terranomics represented Target in both transactions. In Santa Clara, Target inked a deal for a new 140k...
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• Draftsmen & Craftsmen
1/03/14
C.W. Driver has recently completed construction on a 127k sf Bloomingdale’s department store, using iPad applications and technologies that allow a paperless job site to create a crisp and efficient construction time table fo...
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• CIM Group Opens Downtown Las Vegas Hotel/Entertainment Project
1/02/14
Downtown Grand Las Vegas, a modern boutique hotel, casino, and entertainment destination in downtown Las Vegas, recently opened to the public, in November of 2013. Downtown Grand features 634 hotel rooms in two towers—the 18...
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• Retail Deal Comps from San Ramon and Walnut Creek
12/30/13
Transwestern’s retail team recently brokered a couple of Bay Area deals we’ll mention here. In one of the transactions, 9Round Fitness & Kickboxing assumed a 1.3k sf lease for five years at Diablo Plaza in San Ramon. The cent...
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• Local Investor Buys Retail Portion of Prominent Mixed-Use Tower Project in LA’s Mid-Wilshire Area
12/23/13
The retail condominium portion of Solair, a 186-unit, mixed-use luxury high-rise condo development at 3875 Wilshire Blvd in LA’s Koreatown area, was purchased by one of the Los Angeles’ largest private owners of commercial re...
Price: $4.99
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• NewQuest Epic Investments Forms Retail Investment Venture
12/18/13
NewQuest Epic Investments has closed on a $75 mil joint venture with a $4 bil private equity real estate firm to purchase value-add grocery-anchored and power retail properties. The $75 mil equity placement is to be deployed ...
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1  ...  61.95  | 62.95  | 63.95  | 64.95  | 65.95  |  66.95  | 67.95  | 68.95  | 69.95  | 70.95  ...  191
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