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• H Mart to Take Over Asia Town Center
2/06/08
A new Las Vegas retail center aimed at the city’s rapidly growing Asian population is set to break ground in spring of 2008 with an anchor tenant already in tow. Asian Grocer H Mart has agreed to a deal for a 50k sf store at ...
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• Grocery Shopping in Hayward to Become Fresh & Easy
2/05/08
Hayward residents will soon enjoy a Fresh and Easy new way to shop for food, as British-based Tesco recently inked a lease for a 14.5k sf Fresh & Easy Neighborhood Market at Fairway Park Shopping Center. Tesco, in one of the ...
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• Basin Street Ratifies Amendment 21
2/04/08
The biggest little city in the world may have just gotten a mite bigger with the recent signing of a new grill and sports bar to 4.9k sf of retail space at 425 South Virginia St, located adjacent to the 50 West Liberty Tower,...
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• LA Developer has $23 Mil Riding on Carousel Mall Purchase
1/31/08
by Allen Wolfsheimer
An LA-based private developer closed on a large retail acquisition in the Inland Empire, after paying $23.5 mil for Carousel Mall, a 495k sf ($47/sf) property in downtown San Bernardino. The buyer plans to redevelop the prope...
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• Here’s a Lindsay Lone Retail Sale
1/30/08
Here’s news of a notable retail investment deal from Lindsay, a town of about 10,000 people located roughly 60 miles north of Bakersfield in Tulare County. A Los Angeles-based entity paid $13.7 mil for Olivewood Plaza, a 96.3...
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• St. Louis Investor Grows Portfolio with Greentree Plaza
1/29/08
A St. Louis, Missouri investor spent $5.26 mil on a 26.2k sf ($201/sf) shopping center in the High Desert community of Victorville. The property, Greentree Plaza, is located at 13708-13728 Hesperia Rd, east of I-15 off of Gre...
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• Retail Briefs
1/28/08
VICTORVILLE (San Bernardino County) – A service station/convenience store property at 14475 Palmdale Rd sold for $4.9 mil. The property, which was acquired by a private operator that already owns about 40 gas stations in Cali...
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• Hanover and Blake Hunt Undertake New Retail Project in Hayward
1/28/08
In development news originally announced at the end of last year, Hanover Financial Company (Hanover) and Blake Hunt Ventures (BHV) have teamed up in the development of Cinema Plaza, a 53.6k sf retail project to be anchored b...
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• Festival Makes Inroads at Avenue 26
1/25/08
Festival Development Partners has scooped up the two retail suites that were being offered for sale at Avenue 26, an award-winning mixed-use community under development in the historic neighborhood of Lincoln Heights, located...
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• Oh Thank Heaven for an $814/sf 7-Eleven
1/23/08
A 7-Eleven-anchored retail strip center in Tustin traded hands at a price of $3.525 mil or $814/sf, a value we’re told represents a record price per square foot for a multi-tenant retail property in the area. The property, kn...
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• Bolthouse Charges into Pair of Bakersfield NNN Investments
1/22/08
Two newly built, single-tenant leased buildings in Bakersfield, one currently occupied by Carl’s Jr. and the other soon to be occupied by AutoZone, were purchased by Bolthouse Properties LLC for $3.46 mil. The buildings are p...
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• LA County Retail Briefs
1/21/08
PASADENA – Jade Enterprises LLC acquired a 25k sf mixed-use building on a 20k sf site at 553-575 S. Lake Ave. The two-story commercial building contains ground-floor retail tenants along with second floor offices and apartmen...
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• You Auto Care about this Retail Listing
1/18/08
Here’s the scoop on an interesting California retail portfolio that was just put on the market. Known as the Whitewater Auto Care Center portfolio, the 12-asset offering consists of nine properties in Bakersfield, two propert...
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• Inland Western Woos Juliet in Retail Joint Venture
1/17/08
In big news from the retail front, Inland Western Retail Real Estate Trust Inc and the Juliet Companies have joined forces in a strategic $500 mil joint venture to develop multi-tenant retail properties located in major MSAs ...
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• La Jolla Group Acquires West Hollywood Retail Parcel
1/16/08
A desirable retail corner parcel in West Hollywood was acquired by La Jolla-based Monarch Group, which intends to redevelop the 60k sf site. Current zoning on the parcel would allow for a mix of commercial and residential use...
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• Retail Briefs
1/15/08
FRESNO (Fresno County) – An unnamed personal trust paid $3.35 mil for Wishing Well Plaza, a 21.6k sf ($155/sf) retail plaza made up of three separate buildings on a 2.29-acre parcel at 1418-1464 West Ashlan Ave. Notable tenan...
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• Capstone Draws an ACE at Jackson Square
1/11/08
National retailers ACE Hardware and Taco Bell have reached agreements to anchor the 38k sf second phase of Capstone Advisors’ Jackson Square Shopping Center in the Inland Empire city of Coachella. Situated at the corner of Av...
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• Retail Investor Pads Its Portfolio with Chino Hills Buy
1/10/08
Two retail pad properties within the Crossroads Entertainment Center in Chino Hills were purchased by a private investor in a $6.25 mil transaction. One pad includes a 5.5k sf building that will be occupied by Buffalo Wild Wi...
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• Washington State Regional Mall Becomes Vintage Asset
1/08/08
A West LA real estate investment group founded by former residential realty tycoon Fred Sands purchased the Wenatchee Valley Mall, a 340k sf regional mall in the North Central Washington state community of Wenatchee. The buye...
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• Retail Briefs
1/04/08
FULLERTON (Orange County) – An 18.4k sf, single-tenant retail property sold for $3.4 mil ($185/sf). The property is occupied by Rite-Aid, which serves as the anchor tenant for four other retail properties that are part of the...
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