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January 19, 2020
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RETAIL HEADLINES
Fresno Starbucks with Drive-Thru Sells for $2.8 Mil
1/17/20
Newly constructed asset fetches over $1,300/sf

First Phase of Temecula Mixed-Use Project Started with $19.8 Mil in Funding
1/16/20
Parkview Financial provides loan for 87k sf of development at French Valley Commons



Wood Investments Companies Inc Buys 94k sf Inland Empire Retail Center
1/15/20
Downtown San Bernardino property occupied by Food 4 Less and Ross Dress For Less

AZ Retail Center Gets New Owner in $18.5 Mil Deal
1/13/20
Sale is of 170k sf The Groves in Tempe

Mission Valley Retail Center Goes for $434/sf
1/10/20
Private investor spends $5.55 for Las Cumbres Square

OC Outback Steakhouse Property Sells for Over $1,000/sf
1/09/20
6.2k sf ground-lease asset is in Garden Grove

Two SoCal Retail Centers Refinanced in Transactions Totaling $31 Mil
1/09/20
CBRE arranges new loans on properties in Westlake Village and Aliso Viejo owned by Cantor Commercial Real Estate

Vestar Pays $95 Mil for 297k sf Retail Portfolio
1/08/20
Purchase consists of six properties in Lynnwood, WA

Trio of Single-Tenant Properties Sold for Just Under $9 Mil
1/08/20
Assets occupied by Wilhelm Automotive, Big O Tires and ARCO

Victorville Retail Center Trades in $15.8 Mil Transaction
1/07/20
T-I-C investment entity buys 104k sf Hi Desert Plaza

Walgreens-Occupied Ground Lease in the Inland Empire Sells for $2.9 Mil
1/06/20
13.9k sf single-tenant site picked up by Newport Beach investor

Regal Acquisitions Buys Las Vegas Retail Center for $59 Mil
1/06/20
41.6k sf Silver City Plaza located on the northern end of the Strip

100k sf Retail Property in Coastal NoCal Trades Hands
12/26/19
Acquisition of Fairmont Shopping Center in Pacifica funded with $19.6 mil in purchase money

Newly Built San Marcos Retail Center Sells for Nearly $700/sf
12/20/19
Gershman Properties buys 23k sf San Elijo Hills Town Center

Sprouts Farmers Market-Anchored Center in Scottsdale, AZ Trades
12/20/19
Global Retail Investors buys 139k sf The Shops at Gainey Village

Grocery Outlet Store in Sacramento Sells for $4.6 Mil
12/18/19
Lease is corporate guaranteed

Flagship Starbucks Property in Mammoth Lakes Sells for Over $1,000/sf
12/17/19
SoCal investor pays $4.7 mil for 4.4k sf single-tenant building

Sacramento Area Retail Center Purchased for $11 Mil by SoCal Investors
12/13/19
61k sf property in Carmichael occupied by three tenants

Retail Real Estate Pro John Jay Passes at 72
12/12/19
Jay was President of his own firm, Jay-Phares Corporation, and a long-time industry veteran

Retail Building in West Hollywood Goes for $1,700/sf
12/06/19
Deal is for two-story property 100% leased to Luminaire

Buyer spends $3.7 Mil on Retail Building in Oceanside
12/06/19
12k sf asset fully occupied by nine tenants

Historic Miramar Theater Property in San Clemente Sells for $7.9 Mil
12/05/19
Fortuitous Partners acquires asset with plans to renovate into restaurant and commercial use

Regal Cinemas Agrees to New 10-Plex at Oceanside Retail Center
12/02/19
Theater chain inks deal at NewMark Merrill’s renovated Mission Marketplace

Cannon Commerical Closes on 214k sf Vegas Retail Buy
12/02/19
Firm buys majority of Westland Fair center

Kite Family Limited Partnership Secures Refi on Inland Empire Retail Center
11/25/19
CBRE arranges new loan on 125k sf Jurupa Valley Spectrum

Boardwalk Investments Group Obtains $110 Mil in Financing for CA Retail Portfolio Acquisition
11/20/19
Purchase consists of 12 properties in Newport Beach, Laguna Beach, Yountville and Corona Del Mar

Investors Trade AZ Shopping Center for $194/sf
11/19/19
94k sf Lakeview Village at Morrison Ranch in Gilbert is anchored by a 52k sf Bashas grocery store

West Los Angeles Macy’s Store to Be Converted into Creative Office Space
11/15/19
$180 mil project is part of former Westside Pavilion retail center

AZ Retail Center Sells for $220/sf
11/14/19
Canadian buyer spends over $14 mil on Mountain Vista Plaza in Surprise

Local Group Buys Sacramento Center
11/13/19
57k sf Strawberry Creek sold by Pacific Castle for $21 mil

Historic Building Along Pasadena’s Colorado Blvd Goes for Almost $1,400/sf
11/12/19
Fully occupied 9k sf property sells for $12.55 mil

New Construction Retail Property in Rialto Sells for $280/sf
11/11/19
31k sf building occupied by ALDI and WSS

Anchored Retail Center in Upscale Laguna Beach Sells at Record Price per Square Foot
11/08/19
49k sf Aliso Creek Shopping Center sold by LaSalle Investment Management in deal said to be worth around $57 mil

Private Investor Pays Over $600/sf for Glendale Retail Center
11/08/19
5.2k sf asset was 55% occupied, allowing significant upside opportunity

Multi-Tenant Retail Property in Beverly Hills Fetches $920/sf
11/05/19
8.7k sf property located along Robertson Blvd

OC Building Leased to Outback Steakhouse Sells for Over $1,000/sf
11/04/19
Restaurant chain had just renewed for another 20 years at 6.2k sf Garden Grove property

Neighborhood Center in Corona Gets New Owner in $5.3 Mil Deal
11/04/19
OC investor buys 18k sf Corona Lanes Collection



 


 


 


 
 





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