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May 28, 2020
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RETAIL HEADLINES
Walgreen’s Ground Lease Property in Apple Valley Sells
5/26/20
Local investor spends over $ 7 mil on High Desert Asset

Brad Umansky Named President of Retail Brokers Network
5/22/20
Owner of Progressive Real Estate Partners will help grow the national organization



McDonald’s Ground Leased Property in Washington Goes for Over $4 Mil
5/21/20
Deal is for a 35k sf site in Federal Way

Dollar General Store in Central CA Sells for $242/sf
5/20/20
Exchange investor spends $2.2 mil on NNN-leased property

Two-Tenant Pad Building in the Inland Empire Fetches $635/sf
5/19/20
$4 mil deal is for 6.3k sf property at entrance to The Marketplace at Ontario Center

Retail Sales Plunge 16.4% in April
5/18/20
Report from Wells Fargo Securities Economic Group reviews record decline last month

Buyer Pays over $500/sf for Retail Center in Washington
5/18/20
$13.4 mil deal is for 25k sf Woodinville Mall

138k sf AZ Retail Center Purchased with $28 Mil Loan
5/13/20
Deal is for The Shops at Gainey Village in Scottsdale

Anaheim Supermarket Property Acquired for $5.6 Mil
5/11/20
25k sf Orangethorpe Plaza bought for $230/sf

Historic Pottery Barn Building in Pasadena Sold in a Deal Valued at $519/sf
5/07/20
Five-story, 31k sf structure boasts a very desirable corner location in city’s Old Town

Exchange Investor Pays $630/sf for San Diego Area Vons Store
5/07/20
44k sf property bought for $27.7 mil

Investor Pays over $400/sf for Five Guys Building in San Diego
5/07/20
4.5k sf property located in Pacific Beach

Calexico ALDI Ground Lease Purchased for $2.64 Mil
5/05/20
1.53-acre site occupied by 18k sf grocery store

San Diego Area Retail Center Trades in Deal Worth Over $13 Mil
5/05/20
JH Real Estate Partners buys 70k sf Escondido Town & Country

Single-Tenant Starbucks in SoCal’s Imperial Valley Sells for Over $1,000/sf
4/28/20
L.A. investor spends $2.86 mil on recently constructed property

Two Retail Buildings in L.A. County Sell in Deals Totaling $4.8 Mil
4/27/20
The properties are in Norwalk and City of Industry

Austin Retail Building Goes for $576/sf
4/23/20
13k sf property occupied by CVS/Pharmacy on a long-term lease

AZ Retail Property Sells for Over $580/sf
4/22/20
Single-tenant building in Prescott is fully leased to wireless operator

Lawndale Retail Property on Hawthorne Blvd Trades for $2.95 Mil
4/21/20
12k sf building from 1955 goes for $250/sf

Quick N Clean Car Wash Buys One-Acre Site in Victorville
4/20/20
Company to build its first Mojave River Valley location on the land

Two-Tenant Retail Property in the San Fernando Valley Sells for $715/sf
4/15/20
13k sf Reseda asset net-leased to Walgreens and Yogurtland

Camarillo Strip Center Fetches $600/sf
4/09/20
Investor pays $4.8 mil for 8k sf asset

Valencia Circle K Ground Lease Trades for $4 Mil
4/08/20
Deal comes in a a cap rate of 4.1%

Fountain Valley McDonald’s Ground Lease Goes for Over $4 Mil
4/03/20
Acquisition of 3.5k sf property part of a 1031 exchange

New Starbucks with Drive-Thru in the Inland Empire Sells for $1,722/sf
4/01/20
1.8k sf property is in Twentynine Palms

Absolute NNN Ground Lease Property in Anaheim Trades for $5.1 Mil
3/30/20
Investor buys newly constructed, 4k sf Chase Bank building

CA Investor Exchanges into Texas Walgreens Property
3/27/20
Single-tenant 14k sf property is located in Garland

Rancho Cucamonga Retail Center Sells for $13.75 Mil
3/26/20
31k sf Shops to Victoria Gardens goes for $438/sf

Costa Mesa Retail Center Traded in $5.3 Mil Deal
3/23/20
Local investor pays $453/sf for Harbor Pacific Court

Azusa Retail Center Sells for $18.6 Mil
3/18/20
Gerrity Group buys 75k sf University Promenade

Carlsbad Investor Buys 7.2k sf Portion of AZ Shopping Center
3/17/20
$2.5 mil buy is for outparcel to Santa Cruz Plaza in Tucson

San Diego Caliber Collision Property Trades at a 5% Cap Rate
3/16/20
14k sf asset consists of two buildings in the South Bay area

Sharp Capital and One Cole Group 34k sf Retail Center in Hollywood
3/12/20
$17 mil deal represents third purchase for the joint venture

Multi-Tenant Retail Property in Ventura Sells for $822/sf
3/10/20
9k sf pad building is adjacent to Ventura College



 


 


 


 
 





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