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• Retail Briefs
2/24/06
TEMECULA (Riverside County) – A free-standing 5k sf retail property at 30589 Hwy 79 South was purchased for $3.05 mil ($610/sf) by Loren and Barbara Fritz. The price reportedly sold at a record cap rate and price per sf for t...
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• Financing Notes
2/24/06
Fremont Investment & Loan has provided $41.5 mil in construction financing to a joint venture between Lane Industries Inc and J.F. McKinney & Associates for the acquisition and construction of a Chandler, AZ mixed-use office/...
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• CIM Signs Hennes & Mauritz to Its Growing Hollywood Portfolio
2/23/06
Hennes & Mauritz (H&M), the popular Swedish apparel retailer, has agreed to lease 10k sf of space at 6914 Hollywood Blvd, a former restaurant building located directly across the street from the huge Hollywood & Highland reta...
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• El Centro Mall Acquired by Forest City Partnership
2/22/06
Hispanic Retail Group, a partnership between Cleveland-based Forest City Streetscape Equities and The Legaspi Company has purchased El Centro Mall, a 178.9k sf enclosed regional mall located at 1002-1150 North Imperial Ave in...
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• Gardena Retail Center Listed for $26 Mil
2/16/06
Here is a sizable retail center investment opportunity in LA's South Bay area for those institutional and private investors looking for grocery-anchored properties in the $25 mil range. The offering is for Pacific Square, a 1...
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• Retail Briefs
2/15/06
CHULA VISTA (San Diego County) -- Rayfeltom Corporation, dba Los Primos Mexican Restaurant, has signed a 10-year, $890k lease for 1.5k sf ($4.94/sf/mo) of retail space located in The Shops at San Miguel Ranch, at the southeas...
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• Retail Property Listings
2/14/06
REDONDO BEACH (Los Angeles County) -- Seaside Village Shopping Center, a 20.2k sf retail center has been put on the market. The asset, which is 93% occupied by nine tenants, is located at 1802-1820 Pacific Coast Highway. It i...
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• Terranomics Pros Ink Bay Area Retail Deals
2/13/06
Here's a quick look at some recent retail signings around the Bay Area. We'll start in San Jose, where Cousins Properties signed three new tenants at San Jose Market Center, situated on the corner of Coleman and Taylor, south...
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• SoCal Retail News
2/09/06
EL CAJON (San Diego County) – El Pollo Loco agreed to a 20-year, $1.6 mil lease for a 3k sf restaurant within Plaza de las Palmas, at 1145 Avocado Blvd. El Pollo Loco, the crazy chicken chain owned by R. G . Restaurants, will...
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• Retail Briefs
2/07/06
SAN DIEGO (San Diego County) – Ross Dress 4 Less signed a 10-year, $5.28 mil lease for 27.5k sf ($1.60/sf/mo) of space at 428 C St. The property is owned by 428 C Company, which was repped in the deal by Bill Shrader and Cori...
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• Baldwin Hills Crenshaw Plaza Trades Hands in $136 Mil Deal
2/02/06
Capri Capital Advisors has acquired Baldwin Hills Crenshaw Plaza, an 850k sf regional mall at the intersection of Crenshaw and Martin Luther King Blvds in Los Angeles, for $136 mil ($160/sf). Capri bought the center, which wa...
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• Retail Briefs
2/01/06
SAN DIEGO (San Diego County) – A California limited partnership purchased a 38k sf single-tenant building leased to LA Fitness. The property, which is in 4S Ranch, at the corner of Camino del Norte and Dove Canyon Rd, sold fo...
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• Buena Park Center Sells for $339/sf
1/27/06
Buena Park Center, a 15.5k sf multi-tenant shopping center located at the northwest corner of Beach Blvd and Stage Rd in the City of Buena Park was purchased by two Orange County-based individual investors for $5.25 mil ($339...
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• Retail Briefs
1/26/06
LOMITA (Los Angeles County) – Citivest Inc, an Orange County-based private investment group, purchased Rolling Hills View Center, a 44.8k sf retail center on 2.6 acres at 26640-26650 Western Ave, at Palos Verdes Dr just north...
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• REZA Starts a Renaissance in Vegas
1/25/06
REZA Investment Group Inc, the Irvine-based retail investment advisory firm led by Reza Etedali, is well known for brokering the sales of many high profile malls and neighborhood shopping centers around the country. In this r...
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• Retail Briefs
1/24/06
SOUTH PASADENA (Los Angeles County) -- A California-based investment group paid $5.12 mil for a 6.9k sf ($742/sf) strip center in South Pasadena. The property was built in 2004 and is located on a .37-acre lot at 1318 Hunting...
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• Developers Busy Creating Retail for Growing Inland Empire Population
1/23/06
The Inland Empire is booming, thanks in part to the area being such a strategic SoCal location for so many large major retailers to place needed regional distribution facilities. Other factors include more readily available l...
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• January 19, 2006 - $47 Mil Retail Buy Gives Federal Realty Something to Crow About
1/19/06
Federal Realty Investment Trust (NYSE: FRT) has acquired Crow Canyon Commons, a 228k sf grocery-anchored community shopping center located in the NoCal town of San Ramon. The Trust purchased the leasehold interest in the shop...
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• Financing Notes
1/18/06
Sonnenblick-Eichner Company has arranged $22 mil of first mortgage financing for 1040 Grant Rd, a 112k sf shopping center located in the NoCal community of Mountain View. The 10-year fixed-rate loan, which was placed with a ...
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• Retail Briefs
1/16/06
COACHELLA (Riverside County) – A local private investor paid $14.2 mil for Coachella Shopping Center, a 121.8k sf ($117/sf) shopping center located at 49617-49939 Harrison St. The property, which was constructed in 1973 and r...
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