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General Growth in San Francisco at Stonestown Galleria 7/21/04 General Growth Properties (GGP), the big NY-based retail REIT, is about to acquire another major California property, that being the 854k sf Stonestown Galleria in San Francisco. According to the latest edition of Real Estate...
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San Diego Retail Lease Update 7/20/04 Looking for a few more retail lease comps from San Diego County? We've got five more recent transactions for you in this report. In the first deal, Starbucks inked a lease for another location (it's about time!) at 12889 Ranc...
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Coreland Racks Up New SoCal Leasing and Management Assignments 7/19/04 Coreland Companies is on a roll, as the Tustin-based real estate company was recently awarded a number of newsworthy leasing and management assignments. One of the new assignments was for the leasing of The Plaza, a 15-story...
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It's A Beautiful Earth Day in Huntington Beach 7/16/04 J.H. Snyder Company recently commenced the construction of Bella Terra, the $170 mil open-air lifestyle center that will be the end result of an extensive renovation of Southern California's oldest enclosed mall, the 38-year-...
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Retail Notes 7/15/04 SAN DIEGO (San Diego County) – Bread Bites Inc signed a 10-year, $1.3 mil lease for 3k sf of space at 7845 Highlands Village Place, for a family-style restaurant. Tony Villasenor of Grubb & Ellis/BRE Commercial represented th...
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Latest Signings are a Breeze at Oceanside Center's Second Phase 7/14/04 Mission Federal Credit Union and Pick Up Stix are the latest tenants to sign up for space in the second phase of Old Grove Marketplace, joining Ralphs Grocery Company and San Diego National Bank on the list of retail and serv...
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Marketplace Properties Crosses Winery and Shopping Center in Rancho Cucamonga 7/12/04 Tustin-based Marketplace Properties has received Design Review Committee approval for its planned upscale neighborhood development at the southeast corner of Baseline Rd and Day Creek Blvd in Rancho Cucamonga. The project, lo...
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Retail Investment Opportunities Take Off Near Oakland Airport 7/09/04 Here's an opportunity to grab one or all of four separate buildings that are part of an exciting new retail center near the Oakland Airport. Called Hegenberger Gateway, the development is an eight-building, 245k sf center on ...
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Retail Briefs 7/08/04 LAKE FOREST (Orange County) -- The Lake Forest Antique Mall, a 24.6k sf retail building at 23222 Lake Center Dr, was sold for $4.2 mil ($171/sf) as part of a 1031 exchange. Ryan Litrich of Sperry Van Ness represented the sel...
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Kids From the Valley Buy $8.8 Mil Retail Center 7/06/04 A 32k sf neighborhood retail center located at 9800 Topanga Canyon Blvd in the San Fernando Valley community of Chatsworth was sold for $8.8 mil ($275/sf). Located on the corner of Topanga Canyon Blvd and Lassen St, the cente...
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NewMark Merrill Spreads Wings into Flamingo and Arlington Assignments 7/02/04 NewMark Merrill Companies, the 20-year old firm owned by CEO, Sandy Sigal and President, David Frank, recently picked up some new accounts with their appointment as the property manager for Arlington Square in Riverside, CA a...
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Encinitas Retail Center Becomes a Weingarten 7/01/04 Camino Promenade, a 110.5k sf community shopping center in the San Diego County town of Encinitas was purchased by Weingarten Realty for $24.5 mil ($222/sf). Located at 204-252 N. El Camino Real, the property is situated at ...
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Retail Notes 6/30/04 GARDEN GROVE (Orange County) – Home Shopping Korea signed a 15-year, $4.1 mil lease for 20k sf ($1.14/sf/mo) of store space at 7901 Garden Grove Blvd. The one-story building was constructed in 1994 and is owned by Shapell Ind...
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Hopkins Set to Rock with Rockwood 6/29/04 Continuing with our reporting about players we had the chance to interview in Vegas at the ICSC Convention, we bring you news from Hopkins Real Estate Group, led by CEO Stephen Hopkins, who you will be able to see very soon i...
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Downey Plaza Sold in Reliable $7 Mil Deal 6/25/04 Here are a couple of recent Mid-Cities LA retail sales brokered by some of the folks at Sperry Van Ness. In the larger of the two deals, Lingoi Ko Trust paid $7.02 mil for West Downey Plaza, a 49.1k sf ($143/sf) retail center...
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Ratkovitch Adds some Kohl to the Alhambra Development Engine 6/24/04 The Ratkovich Company, owner/developers of The Alhambra, a 38-acre urban community at 1000 Fremont Ave in the San Gabriel Valley community of Alhambra, has sold approximately 4.7 acres of land to Kohl's Department Stores for ...
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$209/sf for Anaheim Center? Are Euclidding Me? 6/23/04 Euclid Plaza, a 131.8k sf grocery-anchored retail center located at 621 N. Euclid St, between I-5 and La Palma Ave in Anaheim, was sold by a private individual investor to another private individual investor. The property sol...
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ICSC Follow Up Notes 6/22/04 This year's Vegas ICSC conference was some show, with attendance reportedly up around 38,000. It was so exciting that we decided to cover it in video format, leading to a new RENTV video due out soon about the ICSC Vegas show...
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Retail Briefs 6/16/04 IRVINE (Orange County) – Mitsui Sushi Bar & Grill inked a seven-year, $1.5 mil lease for 4k sf ($4.46/sf/mo) of retail space at Quail Hill Village Center, a new 150k sf retail center at Quail Hill Pkwy and Shady Canyon Dr/ Sa...
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Passco Passes off Two California Centers 6/15/04 Passco Real Estate Enterprises Inc has wrapped up the sale of two grocery-anchored centers in California with an aggregate value of $25 mil. One of the properties is Mercantile Row Shopping Center, a 98.5k sf shopping center ...
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