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• Financing Notes
3/16/07
In a huge financing transaction, George Smith Partners has arranged $210 mil in construction capital for the development of Anaheim Garden Walk. The project, which will serve as the City of Anaheim's newest retail and enterta...
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• Development of High-End Resort Underway at Former Marineland Site
3/15/07
Terranea Resort, an exciting new 582-room coastal development located in Ranchos Palos Verdes, has just broken ground. The $450 mil Mediterranean-style resort, a development of LA-based Lowe Enterprises, covers 102 acres atop...
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• Chino Hills Retail Center Trades for $73 Mil
3/14/07
Bellevue, WA-based Lakha Investments has purchased Crossroads Marketplace, a 263.8k sf power center located in the affluent Inland Empire residential community of Chino Hills, for $73.5 mil ($279/sf). The property is located ...
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• NoCal Retail Activity Review
3/13/07
FRESNO (Fresno County) – R.E. Harris LLC paid $6.8 mil for a 14.8k sf ($459/sf) single-tenant retail building leased to Walgreens on a 1.43-acre site at the southwest corner of Herndon and Willow Aves. The recently completed ...
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• Financing Notes
3/12/07
The Orange County office of Holliday Fenoglio Fowler (HFF) has arranged $58 mil in permanent financing for two California retail centers: Sierra Lakes Village in northern Fontana and the second phase of Eastvale Gateway in Ri...
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• New Victor Valley Power Center Signs Flurry of National Retailers
3/07/07
We recently took a tour of the very up and coming high desert region with Joseph Brady, head of The Bradco Companies, who showed us the future areas of growth in an area whose population is expected to double in the next 5-10...
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• Retail Activity Review
3/05/07
PHOENIX, AZ (Maricopa County) � Warmington Capital Partners paid $16 mil for Shade at Desert Ridge Shopping Center, a 42.7k sf ($374/sf) center located on Tatum Blvd off the 101 Loop. The recently constructed neighborhood c...
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• Folsom Company Bets $61 Mil on Villaggio
3/02/07
A Folsom, CA-based company has paid $61 mil,or $345/sf, for Villaggio, a 176.6k sf lifestyle shopping center located at 7837 – 7985 Blackstone Ave in Fresno. Built in phases from 2002 to 2006, with another 45k sf still to be...
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• Retail Activity Review
3/01/07
ANAHEIM HILLS (Orange County) -- A local private investor purchased Imperial Canyon Center, a 55.3k sf shopping center located at 5555-5665 Santa Canyon Rd, off the Riverside Fwy at Imperial Hwy. The asset, which was 99.6% le...
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• Unique Long Beach Development Opportunity Offered for Sale
2/28/07
Here's news of a opportunity to acquire a unique SoCal coastal development opportunity, as the master lease for the Queen's Seaport Development area in Long Beach is being marketed for sale. The sprawling bay-front property ...
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• Solid Year Expected for San Diego Retail Market
2/28/07
San Diego's retail market is expected to post solid numbers in the coming year, thanks in part to continued demand from retailers and a healthy local economy. That's the opinion of national commercial investment brokerage Mar...
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• Redlands Retail Center Trades for $23 Mil
2/27/07
San Bernardino-based Hyrosen Properties has acquired Orange Tree Marketplace, a 90.5k sf shopping center at the southwest corner of Alabama St and Lugonia Ave in the city of Redlands. The transaction had a price tag of $23 mi...
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• San Jose Retail Sector Ranks 10th Nationally
2/26/07
Retailers in San Jose are expected to benefit from a fourth consecutive year of employment growth, particularly in the traditionally high-paying professional and business services sector, according to Marcus & Millichap Real ...
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• San Diego-Area Retail Center to Get Major Facelift
2/26/07
Major changes are in store for Escondido Promenade, a 417k sf community center anchored by Mervyn's and Target in Escondido. The center, located just off I-15 at West Valley Pkwy and Auto Park Way, is owned by a venture of Fe...
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• OC Retail Centers Trade for Combined $25 Mil
2/23/07
Four Orange County retail centers recently sold in separate transactions that totaled $25.4 mil. The properties, located in Huntington Beach, Newport Beach and Garden Grove, sold individually for $2.5 mil to $12.4 mil. Locall...
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• Shoe Retailer Becomes a Legend after $2.9 Mil Lease
2/22/07
The Active Wallace Group, parent company of the Active Ride Shop, has become the first retail tenant to commit to space in The Legend, a 23-story luxury condominium tower now under construction fronting “Park at the Park” on ...
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• Retail Activity Review
2/14/07
CHULA VISTA (San Diego County) – In a deal that closed at the end of 2007, a Cerritos buyer paid $8.1 mil for Genesis Square, a 27.5k sf ($295/sf) retail center on 2.26 acres at 1285-1295 Broadway. The center, which was sold ...
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• JC Penney to Open 103k sf Store in New Chino Development
2/13/07
Retailing giant JCPenney has signed a lease to open a 103.5k sf store at Rancho del Chino, Panattoni Development Company's new $90 mil retail development project, which is under construction in Chino. Located at the northeast...
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• Simi Valley Retail Pre-Sale Goes for $650/sf
2/12/07
A private investor has paid $15.9 mil for The Shops at Simi Valley Town Center, a new 24.5k sf ($649/sf) shopping center situated adjacent to the 118 Fwy and the newly developed Simi Valley Town Center in Simi Valley. The pro...
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• Financing Notes
2/09/07
Wrightwood Capital has provided $35.84 mil in construction money to Hopkins Real Estate Group, to be used for the renovation of Imperial Plaza, an existing 178.6k sf shopping center in La Habra. Built in 1994, the property wa...
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