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April 14, 2021

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RETAIL HEADLINES

AZ Medical Property sells for $700/sf
4/14/21

13.4k sf Phoenix building leased to Fresenius Medical Care

Inland Empire Walgreens Property Sells for Over $600/sf
4/12/21

Investor spends $8.72 mil on Rialto asset

Final Building Sale in Break-Up Execution of Rancho Cordova Retail Center Generates $1.8 Mil
4/08/21
Four transactions at Zinfandel Crossings total $11.4 mil

AZ Shopping Center Traded in $12.4 Mil Deal
4/05/21

Sale is of 111k sf The Park at Chandler

Investor Nabs Redevelopment Site in L.A.’s Koreatown
4/01/21

Parcel currently houses an Ace Hardware store on a month-to-month basis

Wood Investments Companies Closes $35 Mil Retail Buy in Idaho
3/31/21

Purchase is of 197k sf CentrePoint Marketplace in Meridian

Albertsons Companies Buys Desirable Seattle Site in $25 Mil Deal
3/26/21

Land is currently long-time home to a Safeway store

New AZ Mixed-Use Project Seeing Considerable Leasing Activity
3/25/21

Recent deals at The Watermark | Tempe include 10 retail openings and three office leases

Former Retail Anchor Building in Santa Barbara is being Repositioned as Office Space
3/22/21

Three-story, 132k sf structure is part of Pacific Retail Capital Partners’ Paseo Nuevo center

Westlake Village Smart & Final Sells for $22.5 Mil
3/19/21

NNN-leased asset fetches $448/sf

DJM Capital Secures $45 Mil in New Financing on Retail/Office Property in Newport Beach
3/18/21

George Smith Partners arranges new loan on 106k sf Lido Marina Village

Investor Brews Up $4.25 Mil Purchase of Long Beach Coffee Bean & Tea Leaf
3/17/21
1.8k sf asset was constructed in 2020 and features a drive-thru

Turnbridge Equities and Waterford Property Company Team Up with Monument Square Investment Group in Acquisition of City Place Long Beach
3/16/21

Partnership plans to redevelop the 14-acre property into a vibrant, mixed-use district

Buchanan Street Partners Buys 91k sf OC Retail Asset
3/16/21
E405 Euclid Shops in Fountain Valley goes for $24 mil

Circle K Ground Lease in Vegas Goes for $3.5 Mil
3/16/21

Property houses a newly developed 5.2k sf store and a fueling canopy

Central CA Single-Tenant Starbucks Goes for $958/sf
3/15/21

3k sf property in Porterville bought by a 1031 exchange investor

San Gabriel Retail Sales Comp Works Out to $255/sf
3/15/21
11.7k sf asset sold by local user in sale/leaseback deal

OC Retail Property Sells for $5.8 Mil
3/12/21

26k sf Anaheim building occupied by Grocery Outlet

Pacific Equity Properties Secures $130 Mil in Construction Money for Malibu Mixed-Use Project
3/08/21

112k sf Cross Creek Ranch Malibu is the largest development approved since the city incorporated in 1991

Neighborhood Center in Phoenix Gets New Owner
3/01/21
Sale is of 106k sf Moon Valley Towne Center

New Sacramento-Area Starbucks Trades at 4.14% Cap Rate
3/01/21

2.2k sf Rancho Cordova property includes a drive-thru

Grocery Outlet Takes Anchor Space at Inland Empire Shopping Center
2/26/21

Deal is for 16k sf at Hi-Desert Plaza in Victorville

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