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December 10, 2019
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RETAIL HEADLINES
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

Investor Spends Over $500/sf for AZ Single-Tenant Building
11/01/19
5.5k sf property fully leased to an auto repair center

Retail Building in Belmont Shore Area of Long Beach Sells for $555/sf
10/30/19
Multi-tenant asset picked up by local investor

Construction Tops Off on Bay Area Mixed-Use Development
10/28/19
Station 1300 in Menlo Park will contain two office buildings along with res units, retail space and a public plaza

Single-Tenant Property in Bakersfield Sells for $205/sf
10/22/19
7k sf building surrounded by national retailers

AZ Grocery-Anchored Center Trades for Over $40 Mil
10/17/19
CIRE Equity buys 212k sf Sparks Galleria

Single-Tenant Retail Building in Glendale, AZ Sells for $1,390/sf
10/16/19
863 sf property occupied by Black Rock Coffee Bar

Two Asian Food Tenants Ink Deals at Echo Park Redev Project Near Downtown LA
10/14/19
Supertoro and HiroNori Craft Ramen sign at 15k sf Brick Works collective

AMC Theatres’ 14-Screen Multiplex in South San Diego County Sells for $32 Mil
10/14/19
Asset is part of 550k sf Palm Promenade center five miles from U.S. / Mexico border



 


 


 


 
 





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