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• Retail Briefs
9/29/05
WEST HILLS (Los Angeles County) -- 24 Hour Fitness signed a 15-year lease for 19.8k sf of space at the Fallbrook Center, located along Fallbrook Ave between Victory Blvd and Vanowen St. The tenant, which was represented by Cy...
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• NewMark Heads Upland
9/27/05
NewMark Merrill Companies paid $19.1 mil for Upland Town Square, a 105k sf ($182/sf) shopping center located on the northwest corner of Foothill Blvd and San Antonio Ave, in heart of Upland. It was sold by OC-based Passco Rea...
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• Major Retailers Want Part of Legacy in Tustin
9/23/05
A number of the major tenants, restaurants and specialty retailers have been confirmed at The District at Tustin Legacy, a new 1 msf lifestyle center being built by Phoenix-based Vestar Development on the corner of Jamboree a...
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• Retail Briefs
9/22/05
LAS VEGAS (Clark County) -- American Realty Advisors, a Glendale-based pension fund advisor, purchased a 103.1k sf portion of Horizon Town Center and 6.4 acres of undeveloped land in Henderson, NV from The Merrill Companies o...
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• New Costa Mesa Home Furnishings Centre is 55% Pre-Leased
9/21/05
Wickes Furniture is set to anchor Birtcher Development's new eight-building, 300k sf South Coast Home Furnishings Centre. The $90 mil development, located at 3333 Hyland Rd in Costa Mesa, offers I-405 freeway frontage and is...
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• Wal-Mart Anchors Two New Coachella Valley Retail Centers
9/20/05
Two new retail developments, Desert Gateway and Destination Ramon, are under construction in the Coachella Valley, both anchored by Wal-Mart Supercenters. Propelled by phenomenal population growth in the area - 395,000 reside...
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• Retail Brokers Get Degree in Terranomics
9/16/05
In this report we'll rundown a few recent retail signings in the Bay Area, brokered, at lease in part, by Terranomics, the retail division of BT Commercial/NAI.
Foot EFX agreed to a five-year lease for 1.8k sf of expansion s...
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• Retail Briefs
9/14/05
LAKESIDE (San Diego County) -- La Jolla Development Group/Lakeside Plaza LLC paid $5 mil for Lakeside Plaza Shopping Center, a 42.1k sf Vons-anchored center at 12403-12421 Woodside Ave. The transaction also included approxi...
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• Downtown SD Retail Condo Fetches $6.9 Mil
9/13/05
A 17.9k sf retail condominium complex located on the ground floor of Laurel Bay, a mixed-use residential and retail development, traded hands for $6.9 mil ($385/sf). The property is located at 2400 Fifth Ave, just north of do...
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• CT Realty Tastes Sugar Magnolia in Riverside
9/12/05
Newport Beach-based CT Realty Corp has acquired Magnolia Square, a 145.8k sf retail center in Riverside, for $14 mil ($96/sf). CT purchased the 16.7-acre property from UDO Investors of Los Angeles.
Magnolia Square is locate...
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• Downtown SD Retail Condo Space Sells for $634/sf
9/08/05
Market First Investments LLC has purchased 11k sf of ground floor retail condominium space located in Atria on Market (formerly 101 Market St), a mixed-use residential and retail development located in the Marina District. Th...
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• Shops at Tanforan to Re-Open in October
9/07/05
After undergoing a complete $140 mil redevelopment including exciting new architectural elements and plazas on the exterior, higher-design interior finishes, and the addition of more than 100 popular stores and restaurants, T...
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• DDR Sells Remaining Retail at CityPlace
9/06/05
Developers Diversified Realty (NYSE: DDR) and Coventry Real Estate Partners (Coventry) have sold the final 360k sf retail piece of their Cityplace development in downtown Long Beach. The asset, which includes Wal-Mart, Nordst...
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• Westrust Hopes It Takes a Nut Tree Village in Vacaville
9/02/05
A major new mixed-use development is underway in the NoCal town of Vacaville, as Westrust just broke ground on Nut Tree Village, a 328k sf project the firm is developing in partnership with Nut Tree Associates, a venture of R...
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• GMAC/DJM Venture Acquires Bella Terra in $245 Mil Deal
9/01/05
A venture of GMAC Institutional Advisors and DJM Capital Partners has purchased Bella Terra, a 770k sf open-air lifestyle center in Huntington Beach that is still in the process of a $170 mil conversion from what was SoCal's ...
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• Retail Briefs
8/31/05
EL MONTE (Los Angeles County) – A Gardena-based private investor paid $5.65 mil for Shady Acres Mobile Home Park and a Taco Bell located at 5533-5535 Long Beach Blvd., adjacent to the 710 and 91 Freeways in Long Beach. Origin...
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• Faris Lee Puts Retail Investors on a Fitness Program
8/30/05
Two LA Fitness properties, one in Irvine and the other in Hillsboro, OR, were sold in separate deals totaling $25.05 mil. Both transactions were brokered by Faris Lee Investments, the Irvine-based retail brokerage firm.
In t...
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• Bay Area Center on the Market for $19 Mil
8/29/05
Los Gatos Village Square, a 45.7k sf mixed-use retail/office property in the Bay Area community of Los Gatos, has been listed for sale with an asking price of $19.1 mil ($418/sf). Located at 15466 Los Gatos Blvd, the property...
Price: $3.99
Executive Subscriber Price: Free
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• Cadence Capital Closes $45 Mil Retail Buy in Lancaster
8/26/05
Cadence Capital has acquired a 322.2k sf portion of Lancaster Commerce Center from Passco Real Estate Enterprises for $45 mil ($140/sf). The center, which is situated on 55 acres at the southeast corner of the Antelope Valley...
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Executive Subscriber Price: Free
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• Terranomics Pros Close NoCal Retail Deals
8/25/05
For those of you who follow retail activity from around the Bay Area, here's the latest collection of transactions brokered by Terranomics, the retail division of BT Commercial/NAI.
In San Jose, Marshalls inked a lease for 3...
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