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• The District at Tustin Legacy Awarded CalRecycle Waste Reduction Award
12/06/10
The District at Tustin Legacy, a 1 msf retail/entertainment complex in Tustin, has been awarded the 2010 CalRecycle Waste Reduction Award for being a regional leader in recycling and waste reduction.
The property is manage...
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• Fitness Equipment Company Purchases 10k sf San Diego Retail/Industrial Building
11/30/10
A 9.6k sf retail/industrial property in San Diego sold for $1.955 mil ($204/sf). The property is located at 8063 Balboa Ave, between the 805 and 163 Freeways.
The property was purchased by Mark Goodman of Fitness Direct, w...
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• LA Fitness Renews Poway Space
11/29/10
L.A. Fitness International agreed to a long-term renewal for its 40.6k sf gym at Poway Crossings, located at 12648 Poway Rd, east of I-15 in Poway. The 15-year transaction has a total value of $11.5 mil, or roughly $1.57/sf/m...
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• Cohen Financial Arranges Over $20 Mil for Two West Coast Deals
11/24/10
Real estate capital services firm Cohen Financial arranged a couple of interesting West Coast transactions, in Arizona and Washington, worth mentioning. In one of the deals, the company secured a $17.55 mil loan for the acqui...
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• SoCal Retail Review
11/18/10
Here’s the scoop on four recent SoCal four retail leases with a combined value of nearly $4 mil. The deals, which were transacted during the third quarter of 2010, total more than 50k sf of space. Tustin-based Coreland Compan...
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• Baldwin Hills Crenshaw Plaza to Get Wild Wings
11/17/10
As part of the ongoing transformation of Baldwin Hills Crenshaw Plaza, Capri Urban Investors LLC (“Capri”) has signed two recent restaurant leases at the shopping center in south Los Angeles. Acclaimed restaurateur Brad Johns...
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• NoCal Retail Briefs
11/16/10
SAN MATEO (San Mateo County) -- The Home Gallery inked a long-term lease for 14.6k sf of space at Central Park. Located on 4th Ave, Central Park is a 127k sf shopping center in the busiest block of San Mateo. The property own...
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• New Theater Operator at Baldwin Hills Crenshaw Plaza is All the Rave
11/12/10
Rave Motion Pictures has been named the new theater operator for the upgraded theaters at Baldwin Hills Crenshaw Plaza. The LA-area retail center is owned by Capri Urban Investors LLC.
The theaters are currently being tran...
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• New Farmers Market Sprouts at Granada Village
11/11/10
Sprouts Farmers Market has inked a 10-year lease for a new 25k sf store at Granada Village, a 224.8k sf shopping center in Granada Hills. The center, located at the northwest corner of Chatsworth St and Zelzah Ave, is owned b...
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• Recent Flurry of Fast Food Property Sales Total up to Nearly $10 Mil
11/10/10
Retail brokerage specialists Faris Lee Investments recently wrapped up seven fast food property sales totaling nearly $9.5 mil in combined transaction value. The sales include properties located in California, Texas, Nevada, ...
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• Retail Briefs
11/09/10
SAN CLEMENTE (Orange County) – Discount retailer Target completed its $13.8 mil purchase of 14.8 acres of land for construction of a new 140k sf store, expected to break ground soon. The land, situated near the Talega communi...
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• Brookfield Properties Hits Bullseye with Downtown LA Target
11/05/10
By Allen Wolfsheimer
Macy’s is out and Target is in at Brookfield Office Properties’ 7th & Fig retail center in LA’s rapidly redeveloping downtown. The popular discount retailer has agreed to a 20-year lease for over 100k sf...
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• Recent Retail Comps from the Valley
11/04/10
We’ve got three recent retail lease transactions from the San Fernando Valley to report, all of which were brokered, at least in part, by Encino-based Capital Realty Solutions. The deals were signed by operators of an animal ...
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• Owners of PetSmart Get Smart Money in Vista
11/03/10
Cohen Financial, a national real estate capital services firm, announced that it secured $3 million in refinancing for a PetSmart in the north San Diego City of Vista. The PetSmart consists of 41,514 square-feet of retail spa...
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• NoCal Retail Tenant Activity
11/02/10
Who says retailers aren’t taking new spaces? We think the brokers at Terranomics, the retail specialists, could tell a different story. Here are pieces of information on seven recent retail leases closed by Terranomics agents...
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• Toyota of Poway To Occupy New Dealership
11/01/10
In Poway, Toyota of Poway is taking over two separate properties totaling 5.6 acres of land for a new dealership and service facility at the intersection of Midland Drive and Poway Road,. One of the parcels Toyota of Poway is...
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• Regional Retail Investment Sales Roundup
10/29/10
The following is information about several retail sale transactions that have occurred over the past several weeks.
Starting in the Sacramento area, in the town of Folsom, James Teare, SCLS and Dave Scanlon with Terranomics ...
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• Net Lease Specialist Stan Johnson Co Opens LA Office As Layne Joins
10/28/10
Stan Johnson Company, one of the nation's leading real estate brokerage and advisory firms specializing in net-lease investment sales, announced that it has opened a new regional office in Los Angeles located at 10100 Santa M...
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• Walmart to Greet Anaheim Market
10/27/10
The Anaheim retail market is getting a shot in the arm with the leasing of a vacant 100.3k sf retail space to Walmart, the giant retailer, at 88 E. Orangethorpe Ave. At the intersection with Lemon St, the property is just eas...
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• $10.5 mil refi for retail center in Rancho Cucamonga
10/26/10
The Los Angeles office of Holliday Fenoglio Fowler, L.P. (“HFF”) announced that it arranged a $10.5 million refinancing for Haven Village, a 45.7k sf retail strip center in Rancho Cucamonga, CA in the Inland Empire.
HFF Dire...
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