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• Lake Forest Gets Its Old Saddleback Thanks to Westrust
5/10/05
A Westrust partnership has picked up the final 12 acres it was pursuing at Old Saddleback Valley Plaza on El Toro Rd in Lake Forest. The partnership, which includes Apollo Real Estate Advisors and a partnership advised by Wal...
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• Getting On Broadway Takes $65 Mil
5/09/05
A 189k sf retail center still under construction in Redwood City is being shopped around. The two-level property, located at the corner of Broadway St and Jefferson Ave, is thought to be worth around $65 mil ($344/sf), accord...
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• New Bond Thriller to Open in Oakland
5/06/05
Development is underway on the first new supermarket in downtown Oakland in more than 25 years, as the Bond Companies broke ground last week on a new 57k sf Whole Foods Market grocery store at the site of the former Cox Cadil...
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• Faris Lee Brokers $367 Mil in Deals over Last 60 Days
5/05/05
Irvine-based Faris Lee Investments wrapped up $367.5 mil in transactions over the last 60 days, in deals that covered a range of property types, such as shopping centers and retail buildings, located throughout the United Sta...
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• Investors Check Out Library Plaza in Poway
5/04/05
A 41.7k sf mixed-use property in Coronado was purchased by a Santa Barbara-based investment group for $17.35 mil ($416/sf). The three-story property, known as Coronado Plaza, is located at 1330 Orange Ave, just north of where...
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• CA Retail Listings are Sizzler-ing
5/03/05
Here's a sampler of a couple of current retail investment listings in the $3 mil to $ 4 mil range, from two very California different areas – Van Nuys and Barstow. We'll start with the Vn Nuys property, which is a single-tena...
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• Mira Mesa Center Sells for $27 Mil
4/28/05
A local real estate investor purchased Mesa Shopping Center, a 140.4k sf retail center in Mira Mesa, for $27.3 mil ($194/sf). The center, located at 8915-9035 Mira Mesa Blvd, between Camino Ruiz and I-15, is anchored by a Sea...
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• Staples Stocks Up on Space in Carlsbad Deal
4/27/05
Demand for retail space remains strong throughout San Diego County, and these latest lease comps will give you an idea of some of the most recent activity in the region. We'll start in Carlsbad, where Staples inked a 15-year,...
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• South Bay Pavilion Could Sell for $100 Mil
4/26/05
LA-based Hopkins Real Estate is looking to sell the 1 msf South Bay Pavilion Shopping Center in Carson, an investment the firm picked up in partnership with Genesis LA Real Estate Fund in 2003. They're hoping the property wil...
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• Buy Me a River!
4/25/05
The River, a recently completed 227k sf retail/entertainment center in Rancho Mirage, has been put on the market by J.h. Snyder Company, who built the property in 2001. The complex, which consists of 15 structures over 30 acr...
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• April 21, 2005 - Coronado Island Mixed-Use Property Trades for $17 Mil
4/21/05
A Santa Barbara investor paid $17.35 mil for Coronado Plaza, a three-story, 41.7k sf ($416/sf) mixed-use property in Coronado Island, located in the San Diego Bay just west of downtown. Located at 1330 Orange Ave and adjacent...
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• SoCal Retail Activity Review
4/19/05
COSTA MESA (Orange County) – A 12.8k sf property consisting of a Diedrich's Coffee and a Wendy's Drive-thru with office over retail sold for $4 mil ($312.50/sf). The property is located at 468 and 474 East 17th St. Paul Biton...
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• Club One and Camille's Touch Down at Skyport
4/13/05
Two new retail tenants have inked leases at Equity Office Properties' Skyport Plaza in San Jose. Club One Fitness will be opening a new 16k sf fitness and wellness center in May 2005, while Camille's Sidewalk Café is slated t...
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• Retail Briefs
4/11/05
BURBANK (Los Angeles County) –Entertainment Properties Trust, a Kansas City, MO entity paid $51 mil for Burbank Entertainment Village, a 121k sf ($421/sf) center in downtown Burbank, anchored by a 16-screen AMC Theatres Cinep...
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• Retail Briefs
4/07/05
HUNTINGTON BEACH (Orange County) – Bolsa Center, a two-building, 19k sf medical/retail center was purchased by West Covina-based Ai-Hoa Investment for $2.8 mil ($147/sf). The property is at 6552 Bolsa Ave, across the street f...
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• Retail Briefs
4/05/05
MONTEREY PARK (Los Angeles County) – NY-based Loews Cineplex Entertainment inked a 20-year lease for 65k sf of space at a new open-air complex being developed in Monterey Park. The project, called Atlantic Times Square, is be...
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• RPM Spins $20 Mil Purchase of Bristol Marketplace
4/04/05
Here's the scoop on a couple of recent OC retail sales brokered by the folks at Sperry Van Ness, the Irvine-based investment sales brokerage. One of the sales was in Santa Ana, while the other deal was in Newport Beach.
In S...
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• Duesenberg Has It Their Way in Woodland Hills Retail Purchase
4/01/05
A 30.5k sf retail building occupied by Whole Foods Market and Burger King in the San Fernando Valley traded hands at a price of $14.5 mil ($475/sf). The building is located at a primo location in Woodland Hills, off the 101 F...
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• Santa Barbara Firm Makes $25 Mil Inland Empire Retail Buy
3/31/05
Investec Commercial Inc, out of Santa Barbara, purchased Montclair East Shopping Center, a 135k sf shopping center located at the northeast corner of Moreno St and Central Ave along the San Bernardino 10 Freeway in the Inland...
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• SoCal Retail Briefs
3/30/05
LANCASTER (Los Angeles County) -- The Encino office of Marcus & Millichap Real Estate recently facilitated the sale of two commercial properties in Lancaster, in separate transactions. In one of the deals, the 61.7k sf Antelo...
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