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Panattoni Planning New Retail Project in Chino 11/01/05 A new 42-acre retail project is in the planning stages for the Inland Empire city of Chino. Situated at the northeast corner of Ramona Ave and Chino Hills Pkwy, the project is being developed by Panattoni Development Company....
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Retail Briefs 10/28/05 ANAHEIM (Orange County) – Anaheim West Shopping Center, a 79.9k sf retail property at 3150 – 3174 W. Lincoln Ave, traded hands at a price of $11.1 mil ($139/sf). The buyer, Anaheim West Plaza Partners LLC, intends to renovate...
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Chesterfield Square Making a Community Impact 10/28/05 Chesterfield Square, a $60 mil, urban destination retail center in South Los Angeles developed by Katell Properties, has been awarded a prestigious “Community Impact” award presented by The Phoenix Awards Institute Inc, an en...
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Snyder Chosen by LA's CRA for Mid-City Mixed-Use Development 10/27/05 The Community Redevelopment Agency of the City of Los Angeles (CRA/LA) has selected the J.H. Snyder Company to develop a major mixed-use project on three sites located on Adams Blvd from La Brea Ave to Redondo Blvd in the Mid...
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NoCal Terranomics Deals 10/26/05 In San Francisco, DiMaggio's Restaurant inked a 10-year lease for 7.5k sf of space formerly occupied by Fior d'Italia in San Francisco's North Beach area. The site faces Washington Square and the church where Joe DiMaggio and...
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DBN Acquires Site for Additional Retail Development in Riverside County 10/25/05 DBN Development LLC has acquired a 19-acre parcel situated across the street from its soon-to-be-under-construction San Jacinto Esplanade retail project in the Riverside County town of San Jacinto. DBN will retain nine acres...
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Newport Beach Investor Picks Up Mainplace in Merced 10/24/05 Mainplace Merced, a 57.4k sf retail center in Merced, was purchased by a Newport Beach-based investment entity for $10.25 mil ($179/sf). The two-building center, which was built in 2001, is situated on 1.86 acres at 403-439 W...
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HOWS It Going at NoHo? Pretty Well! 10/21/05 Leasing activity at the second phase of J.H. Snyder Company's NoHo Commons, a $200 mil, mixed-use, transit-oriented development adjacent to the North Hollywood Red Line subway station, is well underway. Already, the retail po...
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Retail Briefs 10/20/05 SANTA CLARITA (Los Angeles County) -- Rancho Shangri-LA Investors LLC, a Woodland Hills-based investor, purchased Shangri-LA, a 53.7k sf retail center at 18635 Soledad Canyon Rd in Santa Clarita. The transaction was valued at...
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Retail Briefs 10/19/05 MESA, AZ (Maricopa County) – Falcon Gateway Shopping Center, a 59.2k sf center located on the southeast corner of McKellips and Greenfield Roads, sold for $17.6 mil ($297/sf). Built in 2003, the center is 98% leased to such t...
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SCI Picks Up Park Place; Has No Plans to Add a Hotel 10/18/05 LA-based SCI Real Estate Investments has acquired Park Place II, a 242.7k sf retail center in Sacramento, for $71.5 mil ($295/sf) and, with this deal, has brought its California portfolio to over $243 mil. SCI is marketing th...
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Inland Western Acquires 25 Mervyns Stores in $221 Mil Transaction 10/17/05 Inland Western Retail Real Estate Trust Inc, an affiliate of Oak Brook, IL-based The Inland Real Estate Group of Companies Inc, has acquired 25 operating Mervyns department stores, 23 of which are located in California, while...
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Retail Briefs 10/14/05 UPLAND (San Bernardino County) -- A Beverly Hills investment group paid $9.275 mil for Upland Hills West, a 30.6k sf ($303/sf) retail center located at 1001-1103 E. 16th Street in Upland. Originally built in 1998, the four-bu...
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Westfield Set to Unveil $150 Mil Redevelopment of Century City Center 10/13/05 One of LA's most popular shopping complexes, Westfield Century City, is nearing completion of an exciting $150 mil redevelopment and expansion, set to open to the public this fall. The excitement begins with the November 15 d...
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REI Climbs into Former Toys R Us Space in Santa Monica 10/12/05 Recreational Equipment Inc (REI), the popular outdoor gear and clothing cooperative known as REI, has inked a lease for 32k sf of retail space at 402 Santa Monica Blvd, located at the corner with 4th St in Santa Monica. The ...
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It's Unanimous!! LA City Council Approves Convention Hotel Package 10/10/05 In perhaps the biggest downtown LA real estate story since Staples Center was approved, on Friday, September 20th, the LA City Council unanimously approved the plans and financial package for Wolff Urban Management and Apollo...
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Three More Tenants Sign Up for The Shops at Tanforan 10/10/05 Three major tenants have inked leases at The Shops at Tanforan, a $140 mil redevelopment of a regional mall in the South San Francisco peninsula that will have its Grand Re-Opening on October 7. The tenants, all of whom are n...
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Retail Briefs 10/06/05 SAN MARCOS (San Diego County) – Pacific Management Ventures Inc agreed to a 10-year, $935.7k lease for 2k sf ($3.90/sf/mo) of retail space in Creekside Marketplace, located at the southwest corner of Hwy 78 and San Marcos Blv...
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Venice Shopping Center Sale is Coming Up Roses 10/05/05 Combined Properties has acquired Lincoln Rose Shopping Center, a 75.3k sf retail center at 119-201 Lincoln Blvd, just north of Rose Ave in the LA-area community of Venice. The property, which was constructed back in 1965, sol...
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Torrey Hills Center is Smokin' after Inking Deals for Final Four Stores 10/04/05 Torrey Hills Center, a new 86.6k sf shopping center under construction in Torrey Hills, is completely leased up after recent signings for the four final spaces. The project, which is located at 4639-4653 Carmel Mountain Rd, e...
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