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• Caruso Goes Shopping for Tiffany’s
3/05/08
It won’t be long now before Glendale shoppers will be able to enjoy breakfast at Tiffany’s, as the iconic high-end jewelry retailer and manufacturer has announced plans to open a smaller-format store in The Americana at Brand...
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Executive Subscriber Price: Free
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• New Grocery and Drugstore-Anchored Center Gets Underway in Corona
3/04/08
Residents in many parts of the Inland Empire are enjoying many more shopping choices these days, as developers continue to add more product to the region to meet the demands of a diverse and growing population. In Corona, Mar...
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Executive Subscriber Price: Free
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• Ontario Strip Center Sells for $7.4 Mil
3/03/08
Archibald’s Plaza, a 15.5k sf Starbucks-anchored retail center in Ontario, was purchased by a Rolling Hills Estates-based investor for $7.38 mil ($476/sf). The multi-tenant strip center is located at 2910 & 2920 Archibald Ave...
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• Marshalls Inks Deal for New San Diego Store
2/29/08
Marshalls, the discount department store chain, has agreed to a 10-year, $3.43 mil lease for a 25.6k sf ($1.12/sfmo) retail building previously operated by Pacific Theatre. The building is located in University Square shoppin...
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• New Rancho Cucamonga Center Sells for $681/sf
2/28/08
A San Diego-based investment entity paid $19.75 mil for Foothill Plaza, a 29k sf ($681/sf) center in Rancho Cucamonga. The property, which was completed in July 2007, is located at the intersection of the 15 Fwy and Foothill ...
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• SoCal Investor Makes a Hill of a Retail Buy in SF
2/27/08
A SoCal investor picked up a notable asset in San Francisco’s Potrero Hill area, having purchased the 40.5k sf Potrero Hill Whole Foods Market property located at 450 Rhode Island, at the corner of 17th St. The property, whic...
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• NoCal Retail News
2/26/08
Safeway, the national grocery store chain, purchased two San Francisco retail buildings that the company already occupies with its grocery stores. One of the acquisitions was a 38.6k sf freestanding building at 850 La Playa, ...
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Executive Subscriber Price: Free
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• Riverside Center Gets Underway
2/25/08
Construction has just begun on a new 26.4k sf convenience center in the city of Riverside that is already 85% pre-leased. The development, Orangewood Centre, is located at the northeast corner of Van Buren Blvd and Dauchy Ave...
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Executive Subscriber Price: Free
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• Historic Pasadena Properties Trade in $32 Mil Transaction
2/22/08
Two historic mixed-use properties in the heart of Pasadena’s restored Old Pasadena district were recently acquired by a venture of Cambra Real Estate and Angelo Gordon Company in a $32 mil ($318/sf) transaction. Containing a ...
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Executive Subscriber Price: Free
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• Fidelity Orders Fry's with Its Portfolio
2/21/08
A 104.2k sf free-standing retail property in the Bay Area city of Concord was acquired by Fidelity, a NJ-based institutional real estate trust, for $16.48 mil ($158/sf). The property, which is located at 1695 Willow Pass Rd, ...
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Executive Subscriber Price: Free
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• Sorrento Mesa Retail Center Opens Its Doors
2/20/08
Sorrento Plaza, a newly constructed 12k sf retail center in San Diego’s Sorrento Mesa area, just celebrated its grand opening. The project, located at 9254 Scranton Rd, east of I-805 and south of Mira Mesa Blvd, is comprised ...
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• Home Depot Relocates from Chino to Ontario
2/20/08
Home Depot, the giant home improvement chain, is on the move in the Inland Empire, relocating from Chino to Ontario, only a short distance away. The retailer’s existing 102.7k sf store, located at 5450 Walnut Ave in Chino, wa...
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Executive Subscriber Price: Free
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• Cure the Mercury Blues for Just $23 Mil!
2/19/08
A unique retail asset located in the heart of LA’s Wilshire District was recently put on the market. The property is The Shops @ The Mercury, the 23.2k sf retail component of a new 238-unit residential condo project at 3810 W...
Price: $3.99
Executive Subscriber Price: Free
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• Retail Briefs
2/15/08
HAWAIIAN GARDENS (Los Angeles County) -- Park City Main Street Mall LLC, a Los Angeles-based family trust, purchased a 59k sf retail property in Hawaiian Gardens for $14 mil ($237/sf). The asset was sold by Los Angeles-based ...
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Executive Subscriber Price: Free
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• AZ Retail Sellers Sharpen Their Listings with REZA
2/14/08
REZA Investment Group, the OC-based retail investment firm led by Reza Etedali, recently listed two notable centers in the Arizona communities of Sahuarita and Prescott. In Sahuarita, a town situated roughly 15 miles south of...
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Executive Subscriber Price: Free
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• Caruso Signs New Tenants at Waterside
2/13/08
Recent signings with five new tenants are adding to the growing popularity of Waterside Marina del Rey, the vibrant retail property in the Marina recently redeveloped by Caruso Affiliated and frequented by the nearby staff of...
Price: $3.99
Executive Subscriber Price: Free
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• Cathedral City Ground-Leased Retail Site Sells for $1.57 Mil
2/12/08
A 30k sf lot in the newly constructed Vista Chino Village shopping center in Cathedral City traded hands in a recent ground-lease sale valued at $1.571 mil, or $515/sf, based on a building size of 3.1k sf. It is located south...
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Executive Subscriber Price: Free
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• Union Square Retail Building Receives Acq/Contruction Financing of $950/sf
2/11/08
The acquisition and planned renovation of a small, 6.5k sf retail building in San Francisco’s busy Union Square area was financed with $6.2 mil ($954/sf) arranged by the Los Angeles office of Holliday Fenoglio Fowler L.P. (HF...
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Executive Subscriber Price: Free
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• Local Developer Pays $44 Mil for Milpitas Shopping Center
2/08/08
In a significant retail sale from Silicon Valley, Lap Tang Development Company paid $43.9 mil for Serra Center, a 16.4-acre mixed-use center in Milpitas. The acquisition consists of a 42-year-old shopping center at 200 Serra ...
Price: $3.99
Executive Subscriber Price: Free
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• $21 Mil Retail Sale is of National Importance
2/07/08
Sweetwater Square Shopping Center, a 124.5k sf shopping center in National City, traded hands in a $21.4 mil ($172/sf) transaction. Located directly fronting SR-54 at 3003-3009 Highland Ave, the 19-year-old asset sits on appr...
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