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October 21, 2020
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RETAIL HEADLINES
Seattle Retail Market Slowed by Covid, but Doing Well Relative to the Nation as a Whole
10/20/20
Kidder Mathews 3rd Quarter Market Trends report offers a an overview of the region’s retail real estate

Texas Walgreens Sells for $424/sf
10/19/20
15k sf property is in Dallas



Out of State Investor Pays $6 Mil for TX Retail Building Occupied by Harbor Freight Tools
10/16/20
16k sf property is in Fort Worth

Phoenix Single-Tenant Building Goes for $450/sf
10/16/20
7.1k sf structure is occupied by Big O Tires

New Single-Tenant Grocery Outlet Asset in Norco Sells for $333/sf
10/14/20
18k sf property is the anchor tenant to the new Norco Gateway Shopping Center

Balboa Retail Partners Buys Santa Cruz Retail Center
10/12/20
119k sf Gateway Plaza was 98% leased at time of sale

Inland Empire Retail Center Picked Up by Private Investor in $5.3 Mil Deal
10/08/20
25k sf Foothill Village in Fontana goes for $213/sf

Four Restaurants Take Space at South OC Community Shopping Center
10/05/20
Calo Kitchen + Tequila, Snooze Eatery, Muse Sushi and Earth Bowl Superfoods signs at The Center at Rancho Niguel

Waterford Property Company Spends $18.6 Mil on Covina Retail Asset
10/01/20
Firm may consider redeveloping 95k sf Marketplace at the Lakes into multifamily at some future point

Tova Capital Buys 100-Year-Old Building in L.A.’s Echo Park Area
9/30/20
7.7k sf building first opened as a silent movie theater in 1914

Thompson Thrift Buys 20-Acre AZ Site for Retail Development
9/25/20
Maricopa land was sold by ViaWest Group

SoCal Starbucks Trades for $1,176/sf
9/23/20
3.2k sf single-tenant property is part of Lake Elsinore Marketplace

Central CA Family Dollar Property Gets New Owner in $2 Mil Deal
9/23/20
9.2k sf store is the town of Dos Palos

Temecula Raising Cane’s Trades for $1,728/sf
9/22/20
SoCal buys pays $6.8 mil for 3.9k sf single-tenant property

Jinushi USA Inc Buys 62k sf Lompoc Property from MAG Capital Partners
9/22/20
Asset sits on 5.3 acres within Mission Plaza shopping center

Wood Investments Companies Buys Single-Tenant Retail Asset in Chino Hills
9/18/20
28k sf building is occupied by 99 Cents Only Stores and is in the Chino Hills Parkway shopping center

Florida Investor Exchanges into a $3.6 Mil AZ Auto Center Buy
9/21/20
6k sf asset located in Surprise

Gerrity Group Buys 75k sf University Promenade Retail Center in Azusa
9/16/20
CBRE arranges $7.56 mil in purchase money for the deal

Single-Tenant Subway in Denver Trades at $500/sf
9/16/20
Deal closes at 4.9% cap rate

Private Investor Pays $392/sf for Rite Aid Building in the Inland Empire
9/10/20
Desert Hot Springs property fetches $4.8 mil

Ingka Centres Buys 264k sf Retail Center in San Francisco
9/09/20
6 x 6 Building at 945 Market Street was sold by TMG Partners and Alexandria Real Estate Equities

Former OC Econo-Lube ‘N’ Tune Property Sells for Over $500/sf
9/08/20
3k sf automotive repair shop is in Lake Forest

Polestar Leases Pop-Up Space in San Francisco
9/03/20
Electric car brand inks deal within Macy’s Union Square on Geary Street

Final Pad Sold at 13-Acre AZ Mixed-Use Project
9/02/20
Sales are at DMB Associates’ Verrado Marketside West development in Buckeye



 


 


 


 
 





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