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• OC Group Acquires Retail Center in San Francisco's Fisherman's Wharf
11/07/06
DMP Properties, a Newport Beach-based private investment group, purchased the Cost Plus Plaza, an 88k sf retail center in San Francisco's Fisherman's Wharf area. The transaction, DMP's first acquisition in the Bay Area, was v...
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• Retail Activity Review
11/03/06
WALNUT (Alameda County) – A private investor from Sherman Oaks paid $2.75 mil for a fully occupied 6.9k sf ($398/sf) building at 368 N. Lemon Ave, within Lemon Creek Center, a Von's-anchored shopping center. The building, sit...
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• San Diego's Hard Rock gets some Asian Fusion
11/02/06
Nobu, a popular Asian fusion restaurant featuring sushi and other unique specialties, has inked a lease for 6.5k sf of retail space in the Hard Rock Hotel San Diego. The restaurant will open on the ground floor of the new hot...
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• Retail Activity Review
11/01/06
VISTA (San Diego County) – A private investor out of Los Angeles paid $3.76 mil for Santa Fe Crossroads, a 19.7k sf ($191/sf) multi-tenant retail center located on 1.65 acres at 1450 Santa Fe Ave. The property consists of two...
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• Hopkins/Arnel Venture Breaks Ground on New La Habra Retail Center
10/31/06
Imperial Promenade, a new 220k sf shopping center in Orange County, will break ground on Thursday, October 26. The project, a venture of Hopkins Real Estate Group and Arnel Capital Partners, is situated on 17.08 acres at Impe...
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• RiverRock Picks Chino Spectrum Leasing Assignment
10/30/06
OC-based RiverRock Real Estate Group has been awarded the leasing assignment for Chino Spectrum, a 614k sf outdoor retail center located in Chino Hills. The center, owned by Sy Ventures, is located at 3808 Grand Ave in Chino....
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• New Costa Mesa Home Furnishings Showroom 75% Preleased
10/27/06
South Coast Home Furnishings Centre, a $90 mil home furnishings showroom project being built by Birtcher Development & Investments, is now more than 75 percent leased following the addition of a number of new tenants, includi...
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• NewMark Merrill Acquires Hobby Lobby and Summit Square
10/26/06
NewMark Merrill Companies, the LA-based retail investment company, has just wrapped its second and third retail acquisitions in Colorado, only a couple of weeks after its first buy in the state. In the latest transactions, th...
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• DDR to Acquire 307-Property Inland Retail Real Estate Trust in $6.2 Bil Merger
10/24/06
Developers Diversified (NYSE: DDR), the big Ohio-based retail center REIT, and Inland Retail Real Estate Trust Inc (IRRETI) have entered into a merger agreement with a total value of $6.2 bil. DDR will acquire all outstanding...
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• Retail Activity Review
10/20/06
REDONDO BEACH (Los Angeles County) – Seaside Village Shopping Center, a 20.1k sf retail center located at 1802 Pacific Coast Hwy, traded hands at a price of $7.4 mil ($368/sf). Built in 2002, the asset consists of three separ...
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• BH Properties Picks up Pair of Southeast Retail Assets
10/19/06
BH Properties LLC, a Los Angeles-based real estate investment firm, has acquired two 56k sf former Winn-Dixie-anchored retail properties, for a total value of $8.5 mil ($76/sf), following Winn-Dixie's closing of hundreds of s...
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• NewMark Merrill Rustles Up $9 Mil Cottonwood Corners Buy
10/17/06
LA-based NewMark Merrill Companies has acquired Cottonwood Corners, an Albertson's-anchored shopping center located on just over seven acres at College Ave and Horsetooth Rd in Fort Collins, CO. The 80.3k sf center, built in...
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• Regional Retail Activity Review
10/16/06
BEVERLY HILLS (Los Angeles County) – Dream Dining California inked a long-term, $4.3 mil lease for a 6.5k sf restaurant space at 50 N. La Cienega Blvd. Dream Dining California will use the space to open a Tokyo Table restaura...
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• Home Depot to Build New Chino Store
10/13/06
Home Depot has signed a purchase and sale agreement for 9.2 acres with plans to open a store at Rancho del Chino, Panattoni's new $90 mil retail development project located on 42 acres in the Inland Empire city of Chino. Situ...
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• Retail Developers Having Tough Time Keeping Up with Growing Inland Empire Pop.
10/12/06
Retail development in the Inland Empire is expected to continue at a hectic pace, as developers work feverishly to keep up with the rapidly growing population. At least that's the opinion of commercial brokerage services firm...
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• SCI Closes $64 Mil NJ Retail Buy for Its T-I-C Investors
10/11/06
Los Angeles-based SCI Real Estate Investments has purchased a 366k sf retail power center property in Mount Olive, NJ for $64.3 mil ($176/sf) as a T-I-C investment. The property, ITC Crossing South Shopping Center, is situate...
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• Pacific Coast Capital Partners Go Shopping in Modesto
10/10/06
Pacific Coast Capital Partners LLC (PCCP) has partnered with Rocklin-based Brentwood Developments in the acquisition of McHenry Square Shopping Center, a 152k sf grocery-anchored shopping center located at 3848 McHenry Ave, a...
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• 22 More Tenants Take Space at The District
10/09/06
Leasing activity has been brisk at The District at Tustin Legacy, a 1 msf lifestyle and entertainment center currently being developed at the Tustin Legacy project on the corner of Jamboree and Barranca Parkway in Tustin. The...
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• Yucaipa Center Fetches $12.2 Mil
10/06/06
An Orange County-based family trust purchased Chapman Heights Shopping Center, a 90.3k sf neighborhood shopping center in San Bernardino County, for $12.25 mil ($136/sf). Situated on 6.76 acres at 34454-34488 Yucaipa Boulevar...
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• SoCal Retail Activity Review
10/05/06
MONTCLAIR (San Bernardino County) – LA-based Pacific Equities Group paid $11.6 mil for a 46.7k sf ($248/sf), single-tenant building located at 9359 Monte Vista Ave, near the 10 Fwy. The building is an outparcel to the 1.3 msf...
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