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• Nordstrom Adds another Strong Anchor Presence at Santa Monica Place
9/01/10
n addition, Tory Burch just opened at Santa Monica Place and Tiffany & Co. is set to open in early September. Building on the property's success in 2010, the next highly anticipated opening at Santa Monica Place will be The ...
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• Prominent West LA Retail Center Hits the Market
8/31/10
By Allen Wolfsheimer
One of West Los Angeles’ more high-profile retail centers – The Promenade at Howard Hughes Center – just came on the market. The 248.8k sf entertainment/retail complex is adjacent to the 2.4 msf Howard H...
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• CA Retail Deal Update
8/31/10
TEMECULA (Riverside County) -- A private investor purchased Temecula Creek Plaza, a 69k sf retail center located at 31021 – 31141 Temecula Pkwy. Built in 2007, the property is located within close proximity to Temecula Creek ...
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• NoCal Retail Briefs
8/26/10
SAN CARLOS (San Mateo County) – Seanna Woodworks, dba Woodcraft, leased a 10k sf freestanding building at 40 El Camino Real. The building interior and exterior were recently remodeled to include a new façade, new restrooms, a...
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• Grubb & Ellis Lands leasing Assignment for 1 msf OC Retail Center
8/24/10
Pacific Development Group has awarded the leasing assignment for Foothill Ranch Centre, a 1 msf, four-property retail center in the south OC city of Foothill Ranch, to Eric Lambiase, Walter Pagel and Tom Carpenter of Grubb & ...
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• SoCal Retail Briefs
8/18/10
LOS ANGELES (Los Angeles County) -- The Counter® Custom Built Gourmet Burgers leased a 4.1k sf retail property at 5757 Wilshire Blvd. Marty Shelton of NAI Capital represented the tenant while the property owner, J.H. Snyder C...
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• French Retailer Acquires 128k sf Inland Empire Property
8/16/10
Oxylane Groupe-Decathlon has purchased Town Center Ontario, a 128.3k sf retail property in Ontario, for $11.75 mil ($92/sf). Built in 2002, the center is situated on approximately 11.59 acres and is located at 701-769 N. Mil...
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• @First Gets Wise with Five Guys Burgers & Fries
8/12/10
Hunter Storm Properties recently locked up two new retail lease transactions at it brand new office, retail and hotel development project known as @First. The development is located at the southeast corner of North First St a...
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• Santa Monica is Still The Place
8/11/10
The new project is already 92% leased and 97% committed, with Nordstrom and Tory Burch opening August 27th, Tiffany & Co. slated to open September 2010 and The Market at Santa Monica Place planned for the first half of 2011. ...
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• Dominion Negotiates Loan Modification and Restructuring on NoCal Retail Center
8/10/10
LA-based Dominion America Realty Advisors (“DARA”) recently transacted a loan modification and restructuring of the financing on a major Northern California retail shopping mall. DARA’s Vice President, Loren Thall, negotiate...
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• Barstow Mall to Be Spruced Up
8/09/10
Renovation work is underway at Barstow Mall, located at 1900 East Main St, just east of I-15 in Barstow. The project includes demolition and the reconfiguration of 37.5k sf of space formerly occupied by Sears, to make room fo...
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• Grubb & Ellis Builds Up NoCal Retail Services with Bricks & Mortar Team
8/05/10
The principals of Brick & Mortar Commercial and their two associates have joined Grubb & Ellis to help the commercial brokerage firm grow its retail services in San Francisco, Marin County and the San Francisco Peninsula. Th...
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• Watt Properties Inks 28 Retail Deals in First Half of 2010
8/03/10
SoCal-based Watt Commercial Properties saw considerable leasing activity within their retail portfolio over the first half of 2010. All told, the shopping center firm executed seven new leases and renewed 21 existing lease co...
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• ARK Management Lands 424k sf Retail Assignment
8/02/10
ARK Management was awarded the management assignment for Lake Elsinore Marketplace, a 424.9k sf power center in Lake Elsinore, CA. The firm has added more than 650k sf of third-party commercial management space to its portfol...
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• La Canada Retail Center Fetches $16 Mil
7/30/10
Foothill Promenade, a 42.1k sf neighborhood shopping center in La Cañada, was acquired by a partnership of private individuals for $16 mil ($380/sf). The property is on a 2.75-acre parcel at 475 Foothill Blvd, at the signaliz...
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• Mid-Year 2010 San Diego Retail Market Review
7/28/10
Here’s a quick mid-year summary of San Diego’s retail market, provided to us by regional real estate services firm Cassidy Turley BRE Commercial:
Absorption: In the first half of 2010, San Diego’s retail market recorded 301k...
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• Renton, WA Retail Property Lands 45k sf LA Fitness
7/27/10
LA Fitness, one of the nation’s leading fitness center chains, agreed to a lease for 45k sf of space at Fairwood Shopping Center in Renton, WA, roughly 13 miles southeast of Seattle. The property is owned by Terramar Retail C...
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• Retail Briefs
7/22/10
WEST HILLS (Los Angeles County) – TJ Maxx signed a 10-year lease for 31.5k sf in a space formerly occupied by Linens ‘N Things at Fallbrook Center. The 1.2 msf power center is located at 6609 Fallbrook Ave, at the corner with...
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• NAI Capital Team Lands Retail Listing for New Encino Project
7/21/10
Leasing efforts are underway for Legado Encino, an upscale, mixed-use project currently under development in the heart of Encino. Located at 16710 Ventura Blvd, between Hayvenhurst Ave and Balboa Blvd, the four-story project ...
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• Target to Anchor New Power Center in San Luis Obispo
7/20/10
National discount retailer Target picked up a 10-acre site in San Luis Obispo for construction of a new 140k sf store. The new Target will be the main anchor tenant at the Prefumo Creek Commons shopping center in San Luis Obi...
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