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Retail Condos Near SD's PETCO Park Hit the Market 10/04/06 The first condo units have been put on the market for the retail component of the new Park Terrace residential high-rise development adjacent to PETCO Park, currently nearing completion.
The two units, totaling 10k sf, repre...
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RE Dream Team Forms New Retail Development Venture 10/03/06 Robert A. Manarino, a veteran retail development executive with over 27 years experience, has teamed up with four leading commercial real estate pros in a new venture, called Manarino Realty, to develop and renovate shopping ...
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Matteson Companies and Granite Capital Invest $100 Mil in Scottsdale Retail Center 10/02/06 The Matteson Companies, out of Redwood City, and Granite Capital Investments, of Phoenix, purchased a two-property retail portfolio in Scottsdale, AZ for around $100 mil. The assets, La Mirada Center and Scottsdale Seville, c...
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Retail Activity Review 9/29/06 ESCONDIDO (San Diego County) – A California partnership paid $34.05 mil for an 88.3k sf ($386/sf) portion of Signature Pavilion Entertainment Center, a 101.2k sf retail center in Escondido. Regal Cinemas, with a 67.9k sf, 16-...
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Ontario Town Square Breaks Ground in City's Redeveloping Historic Core 9/28/06 The City of Ontario and J.H. Snyder Company, the prolific LA-based developer, have teamed up in the development of a new mixed-use project within Ontario Town Square, the 12-square-block planning area, bordered by Euclid Ave,...
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Brentwood Redevelopment Property Trades for $12.5 Mil 9/28/06 An investor has paid $12.5 mil for a property at 11906-20 San Vicente Blvd, at the southwest corner of San Vicente Blvd and Montana Ave in the upscale West LA community of Brentwood. The property consists of two separate parc...
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Heslin Venture Acquires Pico Rivera Center 9/27/06 Newport Beach-based Heslin Holdings Inc has acquired a 2.5-acre shopping center in Pico Rivera in a venture with San Diego-based Retail Holdings LLC. The property, known as Pico Plaza, is located at 9317 and 9321 Whittier Blv...
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Royal Investors Pays $24.2 Mil for New Chino Hills Center 9/26/06 Los Angeles-based Royal Investors has purchased the Harkins Theatres & Shops, a newly constructed 90.9k sf retail entertainment center located at the northwest corner of State Route 71 and Chino Ave in the community of Chino ...
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Tesco Inks Long-Term Lease for Former Albertsons Store 9/25/06 Tesco, one of the world's largest grocery chains, has signed a long-term lease for a 32.5k sf building at 4211 Eagle Rock Blvd in the Glassell Park area of Los Angeles, southeast of Glendale. The site will be among the first ...
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Retail Activity Review 9/22/06 SAN DIEGO (San Diego County) -- It's A Grind, the fast-growing coffee retailer, has signed a 10-year lease for 1.4k sfof ground floor retail space at DiamondView Tower in downtown San Diego. Additional tenants are expected t...
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Nothing Fishy about Temple City's Planned Piazza Las Tunas 9/21/06 An exciting new high-end lifestyle center, Piazza Las Tunas, has been approved by Temple City's City Council and is scheduled to open in summer of 2009. Located at the northeast corner of Las Tunas Dr and Rosemead Blvd, the e...
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Unique Newport Beach Retail Project Expected to Break Ground by Year's End 9/20/06 An exciting new high-end destination lifestyle center located on Pacific Coast Highway in Newport Beach is currently in the planning stages and is expected to break ground in late 2006. Called Bel Mare, the 56k sf development...
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September 19, 2006 - $29 Mil OC Retail Sale Breaks Records 9/19/06 An OC-based 1031 exchange buyer has paid $29.4 mil for Marbella Plaza, a 70.8k sf retail center at 31103 - 31113 Rancho Viejo Rd, north of Ortega Hwy on the east side of the I-5 in San Juan Capistrano. The transaction reporte...
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Torrance to Be Bowled Over by Lucky Strike 9/18/06 Lucky Strike Lanes will bring its upscale spin on the bowling lounge to the South Bay area. Lucky Strike's first new California location in three years will open to the public on September 28 in the new lifestyle wing of the...
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Retail Vacancy Rate in Downtown San Diego Drops to 6.6% 9/14/06 Downtown San Diego's retail vacancy has dropped more than a full percentage point during the first six months of the year and currently stands at 6.6 percent, following 39.4k sf of absorption year-to-date, according to the la...
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Retail Deals 9/13/06 ESCONDIDO (San Diego County) – A California limited liability company purchased a 52.4k sf portion of the Country Corner Shopping Center, situated on 4.4 acres at 601 N. Broadway. The asset was sold by Bhullar Properties II L...
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Kimco Works Out Financing in $4 Bil Pan Pacific Acq 9/12/06 Kimco Realty Corporation (NYSE: KIM) and Pan Pacific Retail Properties Inc. (NYSE:
PNP) have finalized financing terms for the companies' merger agreement, in which Kimco will acquire all of the outstanding shares of Pan Paci...
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CIM Group Signs New Retailers at Revamped Hollywood Building 9/11/06 A sizable stretch of Hollywood Boulevard is being repositioned and, as a result, a revamped center has signed deals with a number of new retailers and services for the community, including DSW, Longs Drugs and LA Fitness. The...
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No Limits in Irvine Retail Lease 9/08/06 No Limits Mixed Martial Arts & Fitness Center signed a five-year, $1.8 mil lease for a 25.5k sf ($1.18/sf/mo) retail building in Irvine. The building is located at 1962 Barranca Pkwy, just west of Von Karman and south of the ...
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SoCal Retail Assets Generate Primo Prices in Exchange Deals 9/07/06 A pair of SoCal NNN retail properties, containing 6.2k sf of space, traded hands in separate deals worth a combined $5.2 mil ($839/sf). One sale included a Jack in the Box in Riverside and the second was a Starbucks-anchored ...
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