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May 31, 2023
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RETAIL NEWS
Archive
1  |  2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  214
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• EDENS Picks Up LA. County Retail Portfolio for $136 Mil
12/06/22
EDENS has acquired a portfolio of three grocery-anchored shopping centers comprising over 400k sf in Los Angeles County for a price of $136.8 mil, or around $340/sf. The properties were sold by Combined Properties Inc. One o...
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• Carlsbad Retail Asset Sells for $976/sf
12/05/22
A San Diego-based private investor purchased the 4.6k sf, 100% occupied multi-tenant retail center located in the heart of the Carlsbad Village area, for $4.475 mil ($976/sf). The property is located at 711 Grand Ave, less th...
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• San Fernando Valley 7-Eleven Property Sells for $1,840/sf
12/02/22
A 2.5k sf convenience store and full-size service station property net leased to 7-Eleven in the west San Fernando Valley community of Chatsworth traded hands in a $4.6 mil ($1,840/sf) deal.The 7-Eleven is located at 9108 De ...
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• Investor Exchanges into Three-Property, $17.7 Mil Retail Buy
12/01/22
A 1031 exchange investor closed on a three-property retail acquisition totaling $17.725 mil. The assets included: a new construction Tire Works-occupied asset in Henderson, NV; a new construction Service King Collision Repair...
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• Schuman Companies Acquires 169k sf Loveland Outletsí North Parcel for $15 Mil
11/28/22
Schuman Companies acquired the 169k sf Loveland Outletsí north parcel in Loveland, CO in a $15 mil deal. The buyer, who plans to close on the south parcel at a later date, is repositioning the property into retail, office and...
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• Bill Shopoff Interviewed in First Episode of Commercial Real Estate Talk
11/28/22
President & CEO of Shopoff Realty Investment talks about his background and discusses his current wide ranging projects with Steve Bloom and Arnie Garfinkel in premiere episode of the program
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• Buyers Pick Four Up Former Sears Sites in California
11/22/22
Four former Sears development sites located across California were acquired by private investors in separate deals. The assets, in Fairfield, Ventura, Salinas and Sacramento, were sold by a single investor. The prices were no...
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• Fully Leased Neighborhood Center in Chino Goes for $8.4 Mil
11/18/22
Chino Village, a 20.6k sf neighborhood retail center in Chino, sold for $8.4 mil. The sale included approximately 2.5 acres of undeveloped land with flexible zoning. Built in 1984, Chino Village is 100% leased. It is locate...
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• Complex 1031 Exchange Involves Five Properties in Deals Totaling Nearly $24 Mil
11/18/22
Five properties traded hands as part of a complex 1031 exchange. An investor sold two Bay Area multifamily communities in San Mateo for $12.85 mil and exchanged into two KinderCare Learning Center properties and a Dollar Gene...
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• Grocery-Anchored Retail Center in Medford, OR Listed for Sale
11/17/22
Hereís news of a grocery-anchored retail center thatís been listed for sale in Oregon. The property is Jackson Creek Shopping Center, an 82.6k sf, multi-tenant retail asset anchored by Albertsons in Medford. The asking price ...
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• CentrePoint Properties Spends $11 Mil on Colorado Shopping Center
11/15/22
Willow Run, a 91.6k sf shopping center in Westminster, CO, was acquired by CentrePoint Properties for $10.9 mil ($119/sf). The seller was Willow Run Investors, LLC, an entity operated by Gart Properties, who had purchased the...
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• Target Leases Former Kmart Space in Ontario
11/10/22
Retailing giant Target has inked a lease for 70k sf of space at 1670 E. Fourth St in Ontario. The location is within the 151k sf, freeway adjacent Vineyard Freeway Center. Targetís space is part of a 94k sf, former Kmart st...
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• Retail/Medical Center in Vegas Trades for $298/sf
11/09/22
Nellis Plaza, an 83.9k sf, retail shopping and medical center in Las Vegas, was acquired by Glen Una Management for $25 mil, or $298/sf. The purchase is the buyerís first major retail acquisition in the Las Vegas market. Anc...
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• Agora Realty and Management Starts Work on 29-Acre Mixed-Use Project in North Las Vegas
11/07/22
Agora Realty and Management has broken ground on a 29-acre mixed-use master-planned commercial district in the heart of downtown North Las Vegas. The redevelopment project, being called North Las Vegas Village, is strategical...
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• Vacaville Commons Lands $23 Mil Refi
11/03/22
Vacaville Commons, a 400k sf power retail center in Vacaville, was refinanced with a new permanent loan for $23 mil. Vacaville is a NoCal city located along I-80 roughly midway between San Francisco and Sacramento. The cente...
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• Investor Pays $392/sf for Mission Viejo Retail Center
11/01/22
Marguerite Plaza, a 25k sf, multi-tenant retail property in Mission Viejo, was acquired by a SoCal-based private investor in a recent $9.8 mil ($392/sf) transaction. The property sits on 2.07 acres at 28892 Marguerite Pkwy, s...
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• Hereís a 3rd Quarter 2022 Look at San Diegoís Retail Market
10/28/22
This report was provided by real estate services firm Cushman & Wakefield Economic Overview The total nonfarm employment in San Diego grew by 59,600 or +4.1% year-over-year (YOY) between August 2021 through August 2022, wi...
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• Retail Center in L.A.ís South Bay Goes for over $500/sf
10/26/22
Redondo Plaza, a 28k sf, grocery-anchored retail center located within Los Angelesí South Bay in Gardena, sold for $15.12 mil ($540/sf). The center was sold by Storm Properties. Built in 2002 and renovated in 2018, the 100%-...
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• Two Outparcels to Chino Retail Center Trade in Deals Worth Over $6 Mil
10/21/22
Two single-tenant retail properties that are outparcels to Country Fair Shopping Center in Chino were purchased by private investors in separate deals totaling $6.17 mil. The sales included quick-service-restaurant assets occ...
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• C.E. John Company Inc Obtains $61 Mil in Financing on OR Retail Center
10/20/22
C.E. John Company Inc has obtained $61 mil of permanent, long-term financing for Cedar Hills Crossing, a 477k sf retail center in Beaverton, OR. The center is anchored by several grocery and credit tenant operators, including...
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