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June 19, 2013
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RETAIL NEWS
Archive
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• 1031 Exchange Buyer Picks Up Vista Strip Center
6/13/11
Mar Vista Centre, a 15.6k sf strip center in Vista, sold for $2.19 mil ($140/sf). The property sits on 1.42 acres of land at 1275 South Santa Fe Ave, east of Hwy 78 and south of Monte Vista Dr. The property consists of 20 su...
Price: $4.99
Executive Subscriber Price: Free
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• Fresh & Easy Purchases San Luis Obispo Site for New Store
6/13/11
Fresh & Easy Neighborhood Market paid $2.1 mil for a 1.12-acre parcel in San Luis Obispo for the construction of a new 10k sf store due to open in the first quarter of 2012. The transaction represents the popular chain’s entr...
Price: $4.99
Executive Subscriber Price: Free
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• Ashley Furniture Acquires Former Wickes Store in Santa Clarita
6/10/11
Ashley Furniture Industries acquired a 41.9k sf former Wickes Furniture building in Santa Clarita as a new location for the retailer. The structure, located at 26520 Carl Boyer Dr, is part of the Centre Pointe Marketplace ret...
Price: $4.99
Executive Subscriber Price: Free
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• M&M’s Alvin Mansour Brokers Seven Walgreens Sales Across the US
6/09/11
Marcus & Millichap’s Alvin Mansour has negotiated the sale of seven Walgreens located throughout the United States in separate transactions, all since the first quarter of this year. The properties, located in Virginia, India...
Price: $4.99
Executive Subscriber Price: Free
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• Beverly Hills Retail Building Trades for $2 Mil
6/07/11
A freestanding, 3.8k sf retail building in Beverly Hills was purchased by and overseas investor for $2.15 mil ($566/sf). The one-story building was constructed in 1952 and was vacant at the time of the sale. Located at 209 S...
Price: $4.99
Executive Subscriber Price: Free
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• Phoenix Investor Pays $4.4 Mil for Surprise, AZ Office/Retail Property
6/02/11
A Phoenix-based investor has purchased Bell Road Plaza and The Shops at Bell Road, an 81.9k sf mixed-use office/retail project in Surprise, Arizona for $4.415 mil ($54/sf). The acquisition consists of The Shops at Bell Road, ...
Price: $4.99
Executive Subscriber Price: Free
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• Marshalls and Dollar Tree Lease Remaining Space at OC Retail Property
6/01/11
Two recent leases totaling 37.3k sf at Chapman and Main Center in Orange has brought the retail center to fully occupied. Chapman and Main Center is situated near to Highways 57 and 22, as well as I-5. In the first transac...
Price: $4.99
Executive Subscriber Price: Free
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• Investors Pick Up 13k sf San Diego Retail Property
5/31/11
A 13.3k sf retail property in San Diego traded hands in a recent investment sale valued at $1.93 mil ($145/sf). The property, which sits on a 20k sf parcel at 1205 West Morena Blvd, north of I-8 and just east of I-5, was purc...
Price: $4.99
Executive Subscriber Price: Free
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• $8 Mil OC Retail Sale was Smart & Final
5/27/11
A 30.5k sf Smart & Final grocery store in Stanton sold for $8.1 mil, or $266/sf. The buyer was 7050 Katella Ave LLC, an investment group that was spearheaded by David Altemus and Justin Altemus, as managing members of the LLC...
Price: $4.99
Executive Subscriber Price: Free
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• Upscale Gym Takes 30k sf of Marina del Rey Retail Space
5/26/11
Equinox Fitness Club has signed a lease for a 30k sf of anchor space at Villa Marina Marketplace in Marina del Rey. The 419k sf entertainment/ lifestyle-destination retail center is undergoing a $25 mil redevelopment and repo...
Price: $4.99
Executive Subscriber Price: Free
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• Gardena Retail Property Purchased from Lender for $2.55 Mil
5/24/11
A 43.2k sf retail shopping center in Gardena was purchased by a private “value-add” developer for $2.55 mil, or $59/sf. Located at 14950 – 15000 Crenshaw Blvd, at the corner with Marine Ave, the property was sold by Banco Pop...
Price: $4.99
Executive Subscriber Price: Free
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• Granada Hills Retail Center Sells in $11.4 Mil Deal
5/23/11
A three-tenant, 39.7k sf shopping center in Granada Hills traded hands in a recent transaction valued at $11.74 mil, or $296/sf. The property, located at 17020 Chatsworth St, is occupied by Walgreens and Staples, two publicly...
Price: $4.99
Executive Subscriber Price: Free
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• Vegas-Area Community Retail Center Hits the Market
5/19/11
The District at Green Valley Ranch, a 384.1k sf retail center located in Green Valley Ranch, a master-planned community on the outskirts of Las Vegas, has been put on the market by LNR Partners LLC. OC-based Faris Lee Investm...
Price: $4.99
Executive Subscriber Price: Free
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• GSP Arranges $19 Mil Cash-Out on SF Valley Retail Property
5/18/11
George Smith Partners (GSP) recently arranged a $19.2 mil cash-out refi of an existing bridge loan on Sylmar Towne Center, a 150k sf grocery-anchored retail center in the north San Fernando Valley community of Sylmar. Located...
Price: $4.99
Executive Subscriber Price: Free
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• CA Retail Briefs
5/17/11
CAPITOLA (Santa Cruz County) – A 75k sf property at 1855 41st Ave within the Capitola Mall was purchased by Macerich, which already owns a significant portion of the retail center. The anchor property was formerly occupied b...
Price: $4.99
Executive Subscriber Price: Free
more » 

• Voit Duo Brokers Pair of San Diego-Area Retail Deals
5/16/11
In recent retail activity from San Diego, investors acquired a 10.7k sf office building that they plan to use for a new retail redevelopment. The property is situated on 0.9 acres at 6035 University Ave, near the corner of Un...
Price: $4.99
Executive Subscriber Price: Free
more » 

• Passco Closes Four CVS Purchase/Leaseback Deals
5/10/11
OC-based Passco Companies LLC has purchased four CVS stores in sale-leaseback deals. All four stores are newly constructed and recently opened by CVS, typical of the prototype for newer CVS retail/pharmacy stores. The new s...
Price: $4.99
Executive Subscriber Price: Free
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• SoCal Retail Briefs
5/06/11
BURBANK (Los Angeles County) -- A 14.1k sf Rite Aid single-tenant, net-leased property sold for $4.1 mil ($291/sf). The property is situated on three separate parcels totaling approximately 1.24 acres at 935 N. Hollywood Way....
Price: $4.99
Executive Subscriber Price: Free
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• Westcore Properties Affiliate Acquires Bank Branch Portfolio for $90 mil
5/06/11
San Diego-based Westcore Properties, through its affiliate, Radnor Holdings Company, has acquired a portfolio of 78 bank branches for $90 mil. The properties, purchased from CT Capital, are all long-term net leased to Charter...
Price: $4.99
Executive Subscriber Price: Free
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• Heslin Becker Properties Underway with New 12k sf Walgreens in Downey
5/06/11
Heslin Becker Properties has begun work on a 12k sf reverse built-to-suit retail building for national retailer Walgreens. The project, located on approximately one acre of land at the southeast corner of Imperial Hwy and Par...
Price: $4.99
Executive Subscriber Price: Free
more » 



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