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September 23, 2021
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RETAIL HEADLINES
Private Investor from L.A. Buys Merced County Shopping Center
9/22/21
96k sf Atwater Marketplace was 100% occupied at time of sale

Developer Picks Up 32-Acre Parcel in the Austin, TX Area
9/23/21
Buyer planning on building a mixed-use project on the Dripping Springs Site



Colton Commercial Property Trades for $187/sf
9/21/21
47k sf asset was 93% occupied at time of sale

Bay Area Investor Buys Multi-Tenant Retail Property in Arizona
9/20/21
24k sf building in Gilbert goes for just over $6 mil

Three Assets at AZ Retail Center Traded in Separate Deals Totaling $14 Mil
9/15/21
Properties are part of Gilbert Crossroads in the Phoenix area

Benderson Development Buys Two Tracts of Ground-Leased Land in New Mexico
9/15/21
Sites are part of 450k sf Plaza Santa Fe power center

Shopping Center in South Orange County Sells for $5.7 Mil
9/09/21
Maryland-based investor picks up Lake Forest Center

Barstow Raising Caneís Trades at a 4.3% Cap Rate
9/07/21
Exchange investor pays $5.5 mil for ground lease buy of 3.3k sf retail property

32-Acre Texas Site Purchased for Development of a Mixed-Use Project
9/07/21
Land is in Dripping Springs, within the Austin metro area

Single-Tenant OC Valvoline Oil Change Property Trades for Over $3,400/sf
8/31/21
Massachusetts-based owner-user buys 902 sf property as part of a 1031 exchange

Tourmaline Capital Pays Almost $500/sf for Long Beach Retail Strip Center
8/26/21
33k sf Marina Center was 84% leased at time of sale

DWS Makes $67 Mil Bay Area Retail Buy
8/25/21
Firm purchases 90k sf Hamilton Marketplace from Grosvenor Americas

Pasadena Storefront Property Sells for $580/sf
8/23/21
5.6k sf building is in the cityís Historic District

Canada-Based Investor Buys 58k sf AZ Retail Center
8/20/21
Purchase of Longbow Marketplace in Mesa financed with $17 mil loan arranged by CBRE

Brilliant Earth Brightens Up New Union Square Development with Retail Lease
8/18/21
Deal is at newly constructed 300 Grant office/retail project in San Francisco

Salt Lake City Neighborhood Center Sold for $51 Mil
8/19/21
Asana Partners buys 270k sf Foothill Village

Irvine Mixed-Use Campus Signs a Life Time Tenant
8/17/21
Athletic resort company takes 90k sf at Lakeshore

InvenTrust Properties Corp to Start Renovation Work at 434k sf Cypress, TX Shopping Center
8/17/21
Cyfair Town Center is anchored by Kroger, JC Penney and Cinemark

Stos Partners Buys San Clemente Restaurant Property and Leases It During Escrow to The Alchemists
8/13/21
Firm to transform the building before being occupied by new Japanese restaurant concept

Single-Tenant Michaels Store in South OC Sells for $194/sf
8/12/21
25k sf net-leased asset is part of Foothill Ranch Towne Centre

Moreno Valley Retail Asset Goes for $8.3 Mil
8/05/21
80k sf Lakeshore Village Marketplace includes an additional site and offers a value-add opportunity

Wood Investments Companies Buys 19.6 Acres in New Ontario Ranch Master-Planned Community
8/02/21
Land to be used for development of a 200k sf retail center

Inland Empire Acapulcoís Restaurant Trades for $644/sf
7/28/21
Single-tenant asset in Moreno Valley bought for $4.83 mil in all-cash deal

Transnational Management Spends $28 Mil on WA Power Center
7/28/21
264k sf Hazel Dell Towne Center in Vancouver anchored by Kohlís

CO Retail Assets Traded for Over $340/sf
7/26/21
Deal is for three buildings within Westminster Crossings shopping center in the Denver area

Culver City Starbucks Trades for Over $2,000/sf
7/19/21
Single-tenant asset acquired by a local investor for $5.1 mil

Vestar Awarded Asset Management Assignment for 236k sf TX Retail Center
7/16/21
The Shops at Legacy North is located in Plano

Agora Realty Spends $16 Mil on 71k sf Vegas Retail Property
7/16/21
Deal is for grocery-anchored Bonanza Eastern Plaza

Two-Tenant Retail Property in Mission Viejo Purchased for $11 Mil by Hawaii-Based Private Investor
7/15/21
Smart & Final occupies most of 26k sf asset

Pico Rivera Retail Center Lands $23 Mil in Financing for Renovation Work
7/15/21
JLL arranges construction money for 140k sf Crossroads Shopping Center

Private Investor Exchanges into $7.6 Mil Inland Empire Retail Center
7/14/21
16.3k sf Heritage Crossings in Fontana goes for $466/sf

Cisterra Development Starts Work on 22-Story Res/Retail Tower in Downtown San Diego
7/14/21
Radian will consist of 241 residential units and a 36k sf Target store

AZ Restaurant Property Trades for $750/sf
7/14/21
8k sf Tucson building is occupied by a national brewhouse brand on a net-lease basis

Vacant Bakersfield Retail Center Sells for $7.2 Mil
7/09/21
SoCal investment partnership buys 352k sf former East Hills Mall

Two SoCal Retail Centers Hit the Market
7/09/21
Plaza Mexico in Lynwood and The Source in Anaheim total about 1 msf

OC Shopping Center Lands $17.5 Mil Refi
7/08/21
Transaction is on Kimco Realty Corpís Tustin Heights Shopping Center



 


 


 


 
 





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