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March 16, 2025
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RETAIL NEWS
Archive
1  | 2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  232
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• Skechers Leases 12k sf Structure in Torrance
2/17/25
Skechers has inked a 10-year lease for an 11.8k sf, former Walgreens free-standing building in South Torrance. The building sits on a 41.8k sf lot at 2690 Pacific Coast Highway, a prominent South Torrance signalized intersect...
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• Riverside Raising Cane’s Goes for $6.8 Mil
2/14/25
A 1031 exchange investor out of Washington paid $6.84 mil in the ground lease (land ownership) sale of a 128.5k sf Raising Cane’s in Riverside. The 3.3k sf property sits on 1.29 acres at 4100 Central Ave. Built in 2024, the...
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• Innovative AI Technology Incorporated into Retail Experience at Utah Shooping Center
2/13/25
Outside the Lines (OTL), a design-build construction company, has launched Aquarius Interactive™, a new patented AI technology that is transforming the way guests interact with commercial property amenities. “Aquarius Intera...
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• Two Quick Quack Car Wash Properties Sell in Separate Deals Totaling $5.38 Mil
2/12/25
Two new construction, single-tenant properties occupied by a Quick Quack Car Wash were purchased by two private buyers in separate deals totaling $5.38 mil. Both properties had a new absolute, NNN ground lease with an initial...
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• Colorado Mixed-Use Development Signs Trio of New Restaurant Tenants
2/07/25
There have been three leases totaling 8.1k sf for three restaurants to report at Ledge Rock Center, a 350-acre mixed-use development in Johnstown, CO. The new tenants, Café Mexicali, Bowl Izakaya and Firehouse Subs will occup...
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• Sacramento Area Dutch Bros Ground Lease Sells for $2.7 Mil
2/07/25
A Sacramento-based private investor paid $2.7 mil for the ground lease acquisition of a Dutch Bros retail property in Cameron Park, CA. The property has a new, 15-year, absolute triple-net corporate-guaranteed lease in place....
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• Visit Phoenix Signs Lease at CityScape Mixed-Use Campus
2/06/25
Visit Phoenix inked a lease for 24.7k sf at CityScape, a 1.2 msf mixed-use campus in Phoenix. The new lease maintains the non-profit organization’s downtown presence, where it promotes the Greater Phoenix market as a destinat...
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• Los Angeles Investor Spends Over $6 Mil for Adjacent Retail Buildings in Rancho Cucamonga
2/04/25
In a recent Rancho Cucamonga retail trade, an L.A.-based private investor paid $6.22 mil for two stand-alone buildings occupied by a Chipotle Mexican Grill and an adjacent Starbucks Drive-Thru. The assets were sold by Chase P...
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• Plumas Bank-Occupied Property in Truckee, CA Sells for Over $600/sf
1/31/25
A Bay Area-based private investor paid $5.275 mil for an 8.6k sf ($613/sf) property occupied by Plumas Bank in Truckee, CA. It was sold by a private investment group. Situated on 1.22 acres at 11638 Donner Pass Rd, the prope...
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• Sacramento Area Retail Asset Fetches $675/sf
1/30/25
Shops II at Anatolia Marketplace, a 9k sf multi-tenant retail building in Rancho Cordova, sold for $6.08 mil ($675/sf). The pad building sits on a 2.04-acre parcel at 4011 Sunrise Blvd at the recently constructed Anatolia M...
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• Desirable Redevelopment Site in Mission Valley Trades
1/28/25
A 9.3-acre site in Mission Valley that contains a 185k sf former department store structure was acquired by a joint venture between Jofa Capital,LLC and BLT Enterprises. The price was not given out. Situated adjacent to the ...
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• Grocery-Anchored Center in Phoenix Goes for $150/sf
1/24/25
In a recent shopping center trade out of Phoenix, Junam Enterprises Inc purchased Rancho Encanto, a 70.4k sf, grocery-anchored center, for $10.55 mil ($150/sf). The property is located at 3434 West Greenway Rd, just west of I...
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• Mobil Gas Station/Store/Car Wash in the Inland Empire Sells for $5.2 Mil
1/24/25
A Mobil Gas Station, Convenience Store and Express Car Wash at 130 West Valley Blvd in the Inland Empire city of Colton sold for $5.2 mil. The purchase included both the business and the real estate. This well-established pr...
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• Three California Dutch Bros Coffee Locations Trade in Over $8 Mil of Deals
1/23/25
Three brand-new construction, single-tenant properties in California, each occupied by a 950 sf Dutch Bros Coffee drive-thru format, were purchased by three different private buyers in deals totaling $8.08 mil. The properties...
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• NoCal Grocery Store Property Sells for $7.2 Mil
1/20/25
A 32k sf NoCal retail property occupied by Sav-Mor Foods traded for $7.2 mil, or $225/sf. The property sits on 2.59 acres at 570 Solano St in Corning, roughly 115 miles north of Sacramento. Sav-Mor is near other national re...
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• Five Retail Execs Bumped into New Roles at Brixton Capital
1/16/25
There have been significant leadership changes at Brixton Capital, going into 2025. Kim Masayko, previously managing director of operations, has been promoted to executive managing director of operations. Additionally, fou...
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• Vegas Retail Center Sells in $50 Mil Deal
1/15/25
Mountain’s Edge Marketplace, a 115k sf, neighborhood shopping center in Las Vegas, was acquired by an accomplished out-of-state investor for $50.3 mil, or $437 per square foot. The asset, shadow-anchored by Albertsons, is sit...
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• Oregon Retail Center Sells for $427/sf
1/13/25
Oswego Village, a 103k sf retail center in Lake Oswego, OR, was acquired by an unnamed Canadian advisory group for $44 mil ($427/sf). The property is located at 11 S. State St, just eight miles south of Portland. Oswego Vill...
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• San Mateo Retail Center Trades in $127 Mil Transaction
1/10/25
Bridgepointe Shopping Center, a 231.7k sf community retail center in San Mateo, was acquired by a joint venture between Sterling Organization and Cohen & Steers in a $127 mil ($548/sf) transaction. The asset was sold by Nuvee...
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• Montclair Restaurant Building Sells for $400/sf
1/03/25
A 6.2k sf, fully built-out restaurant property in Montclair sold for $2.5 mil, or $403/sf. The structure, located at 9345 Monte Vista Ave, was previously occupied by a Red Lobster restaurant that closed earlier this year. T...
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