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SoCal Retail Activity 8/03/06 LANCASTER (Los Angeles County) A Los Altos-based investment group paid $20.2 mil for Antelope Valley Plaza, a 126.3k sf ($160/sf) retail center at the southwest corner of 20th Street West and Avenue J. Built in 1979, the pr...
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Dallas Investor Grabs Westlake Village Retail Center 8/02/06 Dallas-based CH Realty has acquired North Ranch Gateway, an 86k sf shopping center located at 30805 - 30895 Thousand Oaks Blvd, east of Lindero Canyon Rd and about ½ mile north of the 101 Fwy in Westlake Village. The property...
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SD Retail Market Looking Good Thanks to Strong Local Economy 8/01/06 Here's the latest scoop on the retail market in San Diego County, which, according to the most recent research from Burnham Real Estate Services, continues to maintain a strong and viable market, thanks to a still strong loca...
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Retail Briefs 7/31/06 EL CAJON (San Diego County) Jack-in-the-Box inked a 20-year, $2.55 mil ground lease for a 23k sf retail pad at 1700 E. Main St. The property is a corner site at the intersection of Main St and Greenfield Dr, just north of t...
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Retail Briefs 7/27/06 SAN DIEGO (San Diego County) Harol Market Properties LLC purchased a 25.7k sf retail property at 4676-4696 Market St, at the corner of Market and 47th, for $4.72 mil ($184/sf). The property consists of four buildings that w...
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Draftsmen & Craftsmen 7/26/06 Irvine-based architecture and planning firm KTGY GROUP INC has been selected as the architect for The Gateway, a unique 600k sf lifestyle, retail and entertainment destination which is being promoted as a multi-media showcase...
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Kohl's to Open Riverbank Store 7/25/06 Kohl's Department Store will open a new store in the city of Riverbank after agreeing to a 30-year ground lease for eight acres at the Crossroads Regional Center. Kohl's plans to construct an 87k sf department store at the si...
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Renovated Historic Buildings in Downtown SD Offer Ground-Floor Retail Opportunities 7/21/06 Marketing has begun for the ground-floor retail space at a pair of historic downtown San Diego buildings that are currently undergoing major renovation work. The two properties the Colonel Fletcher and Samuel Fox buildings ...
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CT Ventures into AZ with $8.5 Mil Office/Retail Buy 7/20/06 Newport Beach-based CT Realty Corp just closed its first office and retail property acquisition outside of California with the purchase of the Firerock Office Center and Retail Shops in Fountain Hills, AZ. The company purcha...
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Retail Briefs 7/19/06 WEST HOLLYWOOD (Los Angeles County) A 4.6k sf retail building at 8457 Melrose Place was acquired at a price of $8 mil, which works out to more than $1,700/sf, reportedly the highest price per sf for any sale in the city. Bu...
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Rise in Tourism Expected to Buoy San Francisco's Retail Market 7/18/06 The retail market in San Francisco is expected to benefit from accelerating employment growth and a rise in tourism, according to Marcus & Millichap's recently released National Retail Research Report for 2006. The report als...
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Financing Notes 7/17/06 George Smith Partners Inc (GSP), the Century City-based real estate mortgage firm founded by George Smith, arranged financing on three retail deals totaling $29.4 mil during the first half of 2006. The three loans were origi...
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Retail Fundamentals for Riverside-San Bernardino Remain Strong 7/14/06 Strong population and retail growth should continue to attract retailers to the Riverside-San Bernardino area, according to Marcus & Millichap's National Retail Research Report for 2006. Also part of the report is the firm's ...
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Retail Briefs 7/13/06 CHULA VISTA (San Diego County) Two tenants have inked deals, totaling 6.4k sf, at The Shops at San Miguel Ranch, a new 103k sf retail still under construction at the southeast corner of Proctor Valley Rd and Mt. Miguel Rd. ...
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Retail Briefs 7/12/06 BURLINGTON, WA (Skagit County) -- Stratford Hall Inc, an LA-based investment firm, has acquired Burlington Crossings, a 162.2k sf power center in Burlington, WA, for $37.8 mil ($233/sf). The asset, which is located between Hw...
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Conejo Valley Restaurateur Leases Westlake Village Site for New Restaurant 7/10/06 A cutting edge restaurant/entertainment firm that brought Conejo Valley such popular dining spots as P6 and Chapter 8 has negotiated a 25-year lease for the former Cisco's restaurant in Westlake Village, where the company...
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Retail Briefs 7/07/06 TEMECULA (Riverside County) -- Rod Fraser Enterprises Inc, dba Rodrigo's Mexican Grill, has signed a 20-year, $4.75 mil lease for 7k sf ($2.83/sf/mo) of retail space with Rancho Temecula Town Center, located at the northeast ...
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PCCP/Stoltz Real Estate Fund Acquire San Diego Area Retail Center 7/05/06 A joint venture of Pacific Coast Capital Partners LLC (PCCP) and Stoltz Real Estate Fund II LP has acquired San Carlos Village, a 127.6k sf neighborhood retail center located adjacent to the 125 Fwy at the intersection of Nav...
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Retail Briefs 6/30/06 TUSTIN (Orange County) An individual investor has purchased a 4.8k sf restaurant building at 365 W. 1st St, which had been a Shakey's Pizza Parlor since the mid-1960s, for $1.95 mil ($406/sf). Built in 1964, the property is...
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SCI Acquires Chino Towne Center 6/29/06 SCI Real Estate Investments, the LA-based T-I-C investment firm, has acquired Chino Towne Center, a 116.7k sf grocery-anchored shopping center in the Inland Empire city of Chino. The property is located at 12155-12233 Centra...
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