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June 17, 2018
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RETAIL HEADLINES
Phoenix Retail and Office Destination Center Trades in $133 Mil Transaction
6/13/18
533k sf Westgate Entertainment District offers over 40 retailers, a 20-screen AMC theater and 159k sf of Class A office space

AZ Mixed-User Trades for $236/sf
6/12/18
Dunbar Real Estate Management buys 22k sf Quarter Village in Scottsdale



JH Real Estate Partners Pays over $46 Mil for OC Community Center
6/11/18
Firm buys 165k sf Bristol Center in Santa Ana

CBRE Lands Property Management Assignment for The Bloc in Downtown L.A.
6/11/18
Work covers the retail and office components of the mixed-use property

Eagle Group Finance

Bay Area Retail Center Offered for Sale
6/08/18
200k sf Fallon Gateway in Dublin hits the market

Final Asset in CO Retail Disposition Sells
6/07/18
9.4k sf center is part of 68k sf Southlands High Visibility District portfolio

Investor Nabs 68k sf Strip Center in Mesa, AZ
6/07/18
Purchase is of Greenfield Gateway

Argonaut Investments Acquires 148k sf OR Regional Retail Center
6/06/18
Firm buys WinCo Plaza in Medford

Palmdale Hobby Lobby Sells for $185/sf
6/01/18
Newly constructed building part of Destination 0-Eight Power Center

AZ Mixed-Use Property Listed for Sale at $25.8 Mil
6/01/18
Listing is for 128k sf Big Curve Center in Yuma

Hollywood Retail Asset Trades in $61 Mil Transaction
5/31/18
Artisan Realty Advisors pays over $1,500/sf for 40k sf property along Cahuenga Corridor

Merlone Geier Partners Spends $30 Mil on Value-Add OC Retail Buy
5/30/18
Company picks up 77k sf College Plaza Shopping Center in Fullerton

Retail Property in San Diego’s Torrey Highlands Submarket Goes for $650/sf
5/25/18
Investor buys 10k sf Torrey Del Mar Plaza

AZ Neighborhood Retail Center Trades for $26 Mil
5/24/18
Deal is for 90k sf The Boardwalk at Andersen Springs in Chandler

Private Investor Pays Over $1,000/sf for Retail Building in Los Angeles
5/18/18
Property is occupied by Yummy.com grocery store

Multi-Tenant Pad Building in Baldwin Park Trades for $1,225/sf
5/18/18
Investor buys recently built 6.8k sf property fully leased to four quick-service food tenants

Vegas Retail Sale Comps at $269/sf
5/17/18
Investor pays $12.2 mil for 45k sf Eastwind Center

Trophy Retail Asset in Beverly Hills Goes for Around $1,250/sf
5/15/18
Purchase of 7.2k sf building financed with $7.75 mil loan from Meridian Capital

Grocery-Anchored Center in Vegas Trades for $15 Mil
5/14/18
Weingarten Realty sells 69k sf Tropicana Marketplace

Interior Renovations Completed at 600k sf Manhattan Village Retail Center
5/11/18
Work is part of $180 mil redevelopment of popular entertainment/dining complex in L.A.’s South Bay

Fresno Panera Bread Property Trades at Record Low 4.0% Cap Rate
5/09/18
Newly constructed asset sells for over $4 mil

Inland Empire Retail Center Sells for $133/sf
5/07/18
Investor buys 25k sf Rose Plaza in Hesperia

Unique Entertainment Project Breaks Ground in Las Vegas
5/04/18
AREA15 to appeal to a variety of clientele such as gamers, artists, festival lovers and others looking for an immersive experience

Sacramento Area Walgreens Sells for $740/sf
5/01/18
15k sf single-tenant asset trades for just under $11 mil

Two-Tenant Retail Building in Los Banos Sells for $690/sf
4/27/18
NNN asset occupied by Blaze Pizza and Habit Burger

Exchange Investor Pays $4 Mil for La Habra Strip Center
4/25/18
18.5k sf property was built in 1963

San Bernardino County Retail Market Activity Leads in Southern California
4/24/18
Region experiencing more new construction than the LA and OC coastal markets

OC Activity Update from Irvine-Based ValueRock Partners
4/23/18
Firm has purchased a Best Buy, inked a Lease with Floor & Décor, and started work on a new Marriott Springhill Suites

Utah Jack in the Box Sells for $682/sf
4/23/18
Single-tenant, NNN-leased asset purchased by NoCal exchange investor

Chuze Fitness Takes 45k sf Anaheim Space
4/16/18
Gym chain to share 120k sf building with Walmart

West Hollywood Retail Asset Trades for Over $2,000/sf
4/11/18
L3 Capital LLC and Guggenheim Real Estate buy 11k sf building occupied by high-end tenants including relatives of self-proclaimed genius Kanye West

ESI Acquires Three Parcels in Downtown L.A.’s Fashion District
4/11/18
Firm looking to create a retail and creative office campus

Los Angeles Retail Asset Sells for $563/sf
4/06/18
Deal is for 18k sf La Brea Sunset Plaza

BJ’s Restaurants Inks Renewal for HQ Office Space in Huntington Beach
4/05/18
Deal is for 57k sf at One Pacific Plaza

Private Investor Buys Multi-Tenant Retail Asset in the San Gabriel Valley
4/04/18
Purchase is of 84k sf La Verne Courtyard in La Verne

Six Occupied Pad Properties at Inland Empire Retail Center Fetch $29.5 Mil
3/30/18
Assets are part of 225k sf Perris Marketplace

OC Raising Cane’s Sells for $1,222/sf at Just Over 4% Cap Rate
3/29/18
3.2k sf La Habra restaurant property fetches $4 mil

Foreign Investor Pays $741/sf for Riverside Walgreens
3/26/18
$9.5 mil sale closed at 5.20% cap rate

The Ratkovich Company and Jericho Development Share Updated Plans and Timeline for San Pedro Public Market Project
3/22/18
L.A. waterfront development envisioned as a world class, mixed-use destination

NoCal Investor Buys Walgreens-Anchored Retail Center in the Sacramento Area
3/20/18
32k sf Westlake Village was 92% occupied at time of sale

Starbucks Lease in San Bernardino Trades for Over $5 Mil
3/14/18
Exchange investment is for newly constructed, 3k sf store

Local Private Investor Pays $635/sf for Retail Asset in LA’s Westwood Village
3/13/18
Two-story property includes some office space on the upper floor

OC Buyer Pays $15.75 Mil for Vegas Retail Center
3/12/18
Firm buys 78k sf Smith’s-anchored center from Weingarten Realty

RAF Pacifica Group Closes $3 Mil Carlsbad Buy
3/09/18
Firm picks up 18k sf retail and office property

Avison Young Awarded Management Assignment for AZ Retail Center
3/08/18
Contract is for 118k sf Talavi Town Center in Glendale

Smart & Final Inks Lease for First Two-Story Location in Huntington Park
3/07/18
CBRE arranges construction money for new store

Retail Asset in LA’s Glassell Park Neighborhood Acquired as a Value-Add Opportunity
3/01/18
Investor pays $6.2 mil for three-building Verdugo Plaza

Two New SoCal Starbucks Trade in Deals Totaling Near $6 Mil
3/05/18
Private investors buy single-tenant, corporate assets in Hesperia and Covina at around $1,500/sf each

San Diego Entity Buys 88k sf Retail Center in Denver Metro
3/02/18
Safeway-anchored property was 99% occupied at time of sale

 


 


 


 
 





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