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• SoCal Retail Briefs
11/29/04
KEARNY MESA (San Diego County) – A Mission Viejo buyer paid $6.3 mil for a 27k sf ($233/sf) strip center at 4676-4722 Clairemont Mesa Blvd, west of I-805. The property, which was originally built in 1960 and renovated in 1997...
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• Retail Investor Takes a Shot at San Jose Market with Winchester
11/23/04
Winchester Pavilion, a 17.5k sf retail center at 700-750 Winchester Blvd in San Jose, sold for $6.25 mil ($357/sf). The property is located south of I-280 and west of the 17 Freeway, a short distance west of San Jose City Col...
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• Downtown LA Adaptive Reuse Development Listed for $51 Mil
11/23/04
A SoCal-based investment group has listed Santee Court, a mixed-use development at the corner of 7th and S. Los Angeles Streets in downtown Los Angeles. This adaptive re-use project consists of three buildings that were conve...
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• Neighborhood Retail Center Opens Its Doors in Alhambra
11/22/04
The Shops at The Alhambra, a $10 mil, 2.2-acre neighborhood retail center in Alhambra, opened its doors a few days ago. Located on Fremont Ave immediately north of Mission Ave, the development is adjacent to The Alhambra off...
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• Pacific Castle Adds to Its Kingdom
11/19/04
SoCal-based Pacific Castle has acquired Hacienda Center, a 122.4k sf shopping center in Hacienda Heights, from Bixby Land Company for about $40 mil ($327/sf). Situated adjacent to the Puente Hills Mall at the cross streets o...
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• National Furniture Retailer to Develop Superstore at The Ontario Center
11/17/04
Mathis Brothers Furniture is purchasing a 14.62-acre site in The Ontario Center from the City of Ontario, on which the company plans to develop a 370k sf retail superstore. The site is located on the corner of Inland Blvd and...
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• Retail Buyer gets a Square Deal
11/16/04
Main Street Square, an 8.6k sf retail building in downtown Seal Beach that was recently renovated, traded hands at a price of $3.9 mil ($453/sf). The property, which was sold by an affiliate of Ramsey Real Estate Group, is lo...
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• SCI Acquires Rancho Cucamonga Center
11/11/04
SCI Real Estate Investments, an LA-based tenant-in-common investor, purchased Country Village, an 88.8k sf retail center in Rancho Cucamonga. SCI acquired the center with eight other tenant-in-common investors, who are comple...
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• Retail Briefs
11/10/04
CORONA DEL MAR (Orange County) – Jacks Surf & Sport inked a 10-year, $4.155 mil lease for 10.9k sf ($3.18/sf/mo) of space at Corona del Mar Plaza. The center is at 900 Avocado, at Pacific Coast Hwy and MacArthur Blvd, and off...
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• Madison Marquette Picks Up Full Ownership of Bay Street Emeryville Retail Project
11/08/04
Madison Marquette has acquired full ownership in the retail component of Bay Street Emeryville, buying out the equity interest of its former partner in the venture, MacFarlane Partners. Bay Street Emeryville is a 365k sf, mix...
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• Inland Western Picks Up Bakersfield Retail Center
11/05/04
Inland Western Retail Real Estate Trust Inc has purchased the Plaza at Riverlakes, a 102.8k sf shopping center in Bakersfield, for $17 mil ($165/sf). The property is anchored by a 58k sf Ralph's grocery store. Other tenants i...
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• Vista Village Adds Some Linens "N" things
11/04/04
Linens ‘N Things has signed a 12-year, $6 mil lease for 30k sf ($1.39/sf/mo) of space in the 84.5k sf second phase of Vista Village, the mixed-use town center in the heart of Vista's downtown area. Vista Village is being dev...
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• City Center Becoming the Retail Center in Oakland
11/02/04
East Bay Business Campus
So far, 2004 has proven to be a good year for retail leasing activity at Shorenstein Realty's City Center business complex in Oakland. With five new leases and four renewals, the retail occupancy rat...
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• Westcore Gulps Down another Corona
11/01/04
Westcore Corona Plaza LLC, a partnership consisting of a Westcore Properties affiliate and Longwing Real Estate Ventures, paid $11.85 mil for Corona Main Street Plaza, a four-building, 92k sf ($129/sf) retail center at 300-47...
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• SoCal Retail Briefs
10/29/04
VISTA (San Diego County) – Breeze Hill Shopping Center, a 17.9k sf retail center at 640-660 Hacienda Dr was purchased by Breeze Hill Grand Ave LLC and Breeze Hill A Street LLC for $10.6 mil ($592/sf). National tenants at the ...
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• Dallas Investor Makes $26 Mil Escondido Buy
10/28/04
Felicita Town Centre, a 126.5k sf retail center in Escondido, was purchased by Sarofim Realty Advisors of Dallas TX, for $26.5 mil ($209/sf). The center, located at 1805-1895 Centre City Parkway, east of I-15 and north of El ...
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Executive Subscriber Price: Free
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• Robertson Properties Picks Up Monrovia Marketplace
10/28/04
Robertson Properties Group has acquired Monrovia Marketplace, a 52.5k sf retail property at 725-745 West Huntington Dr, a few blocks east of Santa Anita Park in Monrovia. Situated on four acres adjacent to the 210 Fwy, the pr...
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• Combined Closes a Common Buy in La Verne
10/27/04
Combined Properties, the retail center owner/operator, purchased The Commons at La Verne, a 105.6k sf center located at the intersection of Foothill Blvd and Wheeler Ave in the San Gabriel Valley community of La Verne. It sit...
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• Investors Snap Up San Diego-Area Retail Centers
10/26/04
Here's the scoop on a pair of San Diego County retail centers that recently traded hands, in deals totaling $8 mil. One of the properties is in Pacific Beach while the other is in Vista.
The larger of the two transactions wa...
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Executive Subscriber Price: Free
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• New Mixed-Use Development Underway in Torrey Hills
10/26/04
Construction has begun on a new 138.3k sf mixed-use center in the Torrey Hills area of San Diego. Called Torrey Hills Center, the $35 mil project will be an outdoor community center comprised of retail stores and a family med...
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Executive Subscriber Price: Free
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