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• Retailers Go for a Little Bit of Americana
9/06/06
Construction at The Americana at Brand, Caruso Affiliated's mixed-use retail and residential development in Glendale, is well underway. The highly regarded project, located adjacent to the Glendale Galleria, is scheduled to o...
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• SoCal Retail Briefs
8/31/06
PLACENTIA (Orange County) -- Washington Capital Management, a San Diego-based pension fund advisor, purchased Imperial Rose Plaza, a 101.5k sf retail center in Placentia, on behalf of RREEF. The transaction was valued at $20....
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• Downtown SD Space Assemblage Being Marketed as "Retail on the J"
8/30/06
In a unique assignment working for several owners, marketing has begun for Retail on J, nearly 130k sf of new retail and restaurant space that is being built just north of PETCO Park, surrounding “Park at the Park”, with exte...
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• Big Changes at Westfield Century City Include Many New Tenants
8/29/06
A number of new specialty stores and restaurants have recently inked leases at Westfield Century City, as part of the upscale center's ongoing renovation and expansion. The $150 mil first phase of the renovation was completed...
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• Retail Deals
8/28/06
RANCHO CUCAMONGA (San Bernardino County) -- An individual 1031 exchange investor has purchased the Shops at Rancho Cucamonga Town Square, a 15.5k sf shopping center at 10399 Foothill Blvd in Rancho Cucamonga. The four-tenant ...
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• Westfield Nearing Completion of $330 Mil Renovation in West SF Valley
8/25/06
Westfield, the huge Australian-based retail REIT, is spending a lot of money on their SoCal centers. The company, which wrapped up an exciting $150 mil renovation of their popular Century City center last December, is current...
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• Property Management Notes
8/24/06
Tustin-based Coreland Companies was recently awarded six new retail and office management contracts totaling more than 1.2 msf. The properties, which include Palm Springs Mall, Downey Landing and River Oaks Shopping Center, a...
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• Retail Briefs
8/23/06
PALM DESERT (Riverside County) – Ashley Furniture purchased a four-acre site at Desert Gateway for the construction of a new 50k sf Ashley Furniture Homestore, estimated to open in the fall of 2007. Desert Gateway, which sits...
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• The Plant Sprouts to Life in San Jose
8/22/06
The Plant, a 646k sf retail “regional power center” project built on the former site of a General Electric Motor Plant off of Hwy 87 in San Jose, just broke ground. The $137 mil development is a joint venture between Westrust...
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• Faris Lee Brokers Trio of SoCal Single-Tenant Retail Sales
8/21/06
OC-based Faris Lee Investments recently brokered three, single-tenant retail property sales totaling more than $8.7 mil. Two of the deals broke price-per-square-foot records for their areas. The properties total 11.7k sf and ...
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• Six SoCal Wendy's Stores with New NNN Leases Put on the Market
8/17/06
The Marcus & Millichap team of Kevin Boeve and Don Emas are marketing six SoCal single-tenant retail properties, all occupied by Wendy's on new NNN deals. The properties are located in Chino, Tustin, Moreno Valley (2), Norco ...
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• Buena Park Investor Rolls into Rolling Ridge
8/16/06
A Buena Park investment group has purchased Rolling Ridge Plaza an 85.6k sf grocery-anchored shopping center located at 2959 Chino Ave, just west of the 71 Fwy, at the corner of Peyton Dr in Chino Hills. The property was sold...
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• Second Phase of West Sacramento Center Right on Target
8/15/06
Target Corporation has purchased a land parcel in West Sacramento for a new 127k sf store to anchor the 236.4k sf second phase of Southport Town Center. Construction on the new store is set to begin this month with a grand op...
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• Retail Deals
8/14/06
BUENA PARK (Orange County) – A private family trust has acquired a portion of Buena Park Promenade, a 104k sf retail center located at the southwest corner of Lincoln Blvd and Valley View St. The asset was sold by Santa Ana-b...
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• Renovated Burbank Town Center to "Get Fresh"
8/11/06
Burbank Town Center has inked a number of recent deals with new tenants, all of whom will take occupancy in time for the 2006 holiday season. The latest retailers to take space at the 1.2 msf regional shopping center include ...
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• Valencia Retail Center Commands $416/sf Price Tag
8/10/06
DSB Associates, out of Westlake Village, has purchased Tesoro Village, a 74.5k sf grocery-anchored neighborhood retail center at 23850–23892 West Copper Hill Rd in the master-planned community of Valencia, within in the city ...
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• West Valley Retail Center Exchanged for $19.7 Mil
8/09/06
Abrams & Associates, an Encino-based 1031 Exchange buyer, has purchased Woodland Hills Village, a 70.7k sf strip specialty center located at 20929 Ventura Blvd, near the intersection of DeSoto Ave and Ventura Blvd. in Woodlan...
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• Johnson Capital Brokers $110 Mil Retail Portfolio Sale
8/08/06
Prescott Capital Management, a New York merchant banking firm that is backed partly by the Gordon P. Getty Family Trusts, has purchased a portfolio of six outlet shopping centers in six states across the US for $110.4 mil. Th...
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• Retail Deals
8/07/06
GARDENA (Los Angeles County) – An investment entity paid $26 mil for a 107.2k sf ($242/sf) retail shopping center anchored by a Murukai Market grocery store. The property is located at 1600 W. Redondo Beach Blvd, between West...
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• New Inland Empire Retail Center Reaches 87% Leased
8/04/06
Hemet Village, a new 88k sf retail project in the Riverside County town of Hemet, is now at 87% leased, after the recent signings of eight new tenants. Construction of the project, a development of Westrust Ventures, began in...
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