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• OC Investor Spends $11 Mil on Vegas Retail Center
6/28/06
An OC-based private investor has acquired Desert Inn Pecos Center, a 48.2k sf shopping center located at 3025 E. Desert Inn Rd in Las Vegas. Built in 1986, the center sits on 3.36 acres at the intersection of East Desert Inn ...
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• Retail Briefs
6/27/06
MONTCLAIR (San Bernardino County) – A California-based investment group paid $5.25 mil for The Montclair Outlets, a 27.6k sf ($190/sf) strip center located on the northeast corner of Vernon St and Moreno St, just one block fr...
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• NoCal Retail Update
6/26/06
A single investor purchased all five retail condos at Petrini Place, a mixed-use development located at the corner of Fulton St and Masonic Ave in San Francisco. The units, which are leased to Washington Mutual (two units), G...
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• Retail Briefs
6/23/06
MILPITAS (Santa Clara County) -- L&B Realty Advisors, LLP, a Dallas-based pension fund advisor, purchased McCarthy Ranch Marketplace, a 265.3k sf retail center located at 15 Ranch Dr, directly adjacent to the center of Silico...
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• LA's Retail Market Remains Strong
6/22/06
LA's retail market continues to be one of the stronger performers across the nation, thanks in great part to solid employment growth and strong consumer spending, according to Marcus & Millichap's recently released National R...
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• Retail Briefs
6/21/06
COVINA (Los Angeles County) – A private investment group paid $10.4 mil for Covina Towne Center, a 57.6k sf retail center located at 405 S. Citrus Ave. Built in 1978, Covina Towne Centre is fully leased to such tenants as Ral...
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Executive Subscriber Price: Free
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• AZ Wal-Mart Sells for Super Price
6/20/06
Keeping up with the many, many sales brokered by Marcus & Millichap in the region certainly keeps us busy. Here's a look at four recent transactions brokered by specialists from the firm's SoCal offices.
We'll start in Yuma...
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• SCI Picks Up Texas Retail Center
6/19/06
SCI Real Estate Investments, the SoCal-based TIC firm, acquired Watauga Towne Center, a grocery-anchored retail center in Watauga, TX. The property is located 13 miles northeast of the Fort Worth Central Business District at...
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Executive Subscriber Price: Free
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• Tenants Filling Up Retail Space in San Diego's North Park Area
6/16/06
Recent signings at the North Park Theatre Parking Structure in San Diego's historic North Park area have brought the property to 71% leased. The four-deck, 393-stall parking structure contains 14.8k sf of ground-floor retail ...
Price: $3.99
Executive Subscriber Price: Free
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• Chandler AZ Center Sells for $60 Mil
6/15/06
A 1031 exchange investor has acquired San Tan Gateway, a 180.3k sf retail power center in Chandler, AZ, for $60 mil ($333/sf). San Tan Gateway is located on the northeast and southeast corners of Arizona Ave and the San Tan F...
Price: $3.99
Executive Subscriber Price: Free
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• Retail Briefs
6/14/06
SANTEE (San Diego County) – An OC-based private investor paid $5.45 mil for a two-building, 17.5k sf ($311/sf) retail center located at 9470-9490 Cuyamaca st, near the cross streets of E. 3rd St and McDonnell. Built in 1995 a...
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Executive Subscriber Price: Free
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• Latest Simi Valley Good as Gold
6/13/06
As if Simi Valley weren't tough enough, with all of the police officers that live up there, now residents of this Ventura County town can get even more pumped up, as the city is about to get its first Gold's Gym. The 40-year-...
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• South Gate Shopping Center Hits the Market with $78 Mil Price Tag
6/12/06
A 299k sf retail center in the city of South Gate has been put on the market with an asking price of $78 mil ($261/sf). The property, known as El Paseo Shopping Center, is located at 8610-8730 Garfield Ave, north of Firestone...
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Executive Subscriber Price: Free
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• New Livermore Retail Center Fetches $700/sf
6/09/06
Tucker Associates Inc, a 36-year-old East Bay developer of commercial, office and retail properties, purchased Airway Plaza, a 10k sf shopping center, from C&H Development for $7 mil, or $700/sf. The newly constructed Class A...
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Executive Subscriber Price: Free
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• Hager Pacific Adds a Garden to Its Portfolio
6/08/06
LA-based Hager Pacific Properties has acquired the Garden Ridge Portfolio, which consists of two properties north of Atlanta, each home to a 142k sf Garden Ridge home décor and crafts outlet store. Garden Ridge has 35 locatio...
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Executive Subscriber Price: Free
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• Sansome Pacific Acquires Contra Costa County Site for New Retail Project
6/07/06
San Francisco-based Sansome Pacific Properties has acquired five acres of undeveloped land at the northeast corner of Lone Tree Way and Empire Ave in Brentwood. The site, which was purchased for $2.07 mil ($9.50/sf), will be ...
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• Caruso to Break Ground on Americana at Brand Development
6/06/06
On Thursday, Caruso Affiliated and Glendale city officials will kick off development of the highly anticipated Americana at Brand mixed-use project with a groundbreaking ceremony that will be attended by Glendale Mayor Dave W...
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Executive Subscriber Price: Free
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• Retail Briefs
6/05/06
SIGNAL HILL (Los Angeles County) – Town Center West, a four-building, 83.4k sf retail center at 1600-1898 E. Willow and 2599 Cherry Ave, was purchased for $18.575 mil ($223/sf). The grocery-anchored center, which is situated ...
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Executive Subscriber Price: Free
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• New Retail Center Set to Break Ground in Indian Wells
6/02/06
A new 300k sf retail center is slated to break ground in the Coachella Valley later this year. Located at Washington St and Mile's Ave in Indian Wells, the 28-acre development will include a 14-screen movie theater, as well a...
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Executive Subscriber Price: Free
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• Demand for Additional Retail Development to Remain Strong in the Inland Empire
6/01/06
Booming growth throughout the Inland Empire counties of Riverside and San Bernardino has led to continued demand for additional retail space across much of the region. Ongoing increases in jobs and housing underscore the imme...
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Executive Subscriber Price: Free
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