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• Investor Drives-Thru South SD in 4-Property Buy
6/27/05
In South San Diego, four freestanding retail buildings located at 1525-1545 Palm Ave, just east of Imperial Beach, sold for $3.95 mil. The buildings have a total of 5.4k sf ($731/sf) and cover 1.4 acres of land.
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• All Systems Go at The PruneYard
6/24/05
Equity Office Properties is currently readying the next phase of renovations at The PruneYard, a popular outdoor dining, entertainment, hotel, and shopping destination in the NoCal city of Campbell. Changes planned for this s...
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• Shape Up Your Leasing Comps with Fitness Deals
6/23/05
Here's the scoop on two recent leases that have nothing in common except that they're both with national fitness club chains. However, one is for a new retail location in Riverside, while the other deal is for both office spa...
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• Retail Developers Eyeing Booming Ontario Region
6/22/05
There are a number of exciting new retail projects in the works for Ontario, the third largest city in the booming Inland Empire. Currently, Ontario leads the region in taxable retail sales at $3.8 mil, as of year-end 2004. B...
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• Pacific Castle Rules over a Changing Kingdom
6/21/05
OC-based Pacific Castle has been very active of late, having recently closed two transactions, one a sale and the other an acquisition, with a combined value of $32.7 mil. The company currently owns about $300 mil in shopping...
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• Retail Briefs
6/20/05
SAN DIEGO (San Diego County) – A venture of Relna LLC, 939 Gaslamp LLC, RMZB Properties LLC and King Babar LLC has purchased a mixed-use property consisting of 23.6k sf of office and retail space located at 939-945 Fourth Ave...
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• Terranomics Makes Sense of Retail Economics
6/17/05
Terranomics, the retail division of regional brokerage firm BT Commercial, continues to rack up the deals in Northern California. In this report we'll rundown a number of recent comps brokered, at least in part, by the folks ...
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• Coreland Racks Up Seven More SoCal Centers
6/16/05
Tustin-based Coreland Companies was awarded seven new SoCal retail leasing assignments totaling more than 864k sf during the first quarter of 2005. The assignments include Arcadia Hub in Arcadia, Santa Fe Springs Plaza in Whi...
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• New Mixed-Use Project to Hit the Greenspot in Highland
6/15/05
Loma Linda-based Mission Development Company is expected to begin construction early next year on Greenspot Village & Marketplace, a ±80-acre mixed-use development that is planned to include 600-800 residential units, a movie...
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• Costa Mesa Square on the Market for $53 Mil
6/14/05
Here's the scoop on a few hot new SoCal retail listings that have come across our news desk. One of the listings is for Costa Mesa Square and Costa Mesa Square II, adjacent retail properties in Costa Mesa that are being marke...
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• Passco Lands Howard Hughes' Promenade for $95 Mil
6/13/05
Passco Real Estate Enterprises Inc, the Santa Ana-based TIC investment/management firm, has acquired a prominent retail center on LA's Westside, after paying $95 mil ($383/sf) for The Promenade at Howard Hughes Center. The 24...
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• Retail Sales Review
6/13/05
SANTA MARIA (Santa Barbara County) – Modesto-based private investors paid $5.7 mil for a 15k sf, single-tenant retail property at 707 N. Broadway. The freestanding building is leased on a long-term basis to Walgreens. Bob Kin...
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• Rapidly Growing Downtown San Diego Fueling Demand for More Retail
6/10/05
As most RENTV readers who follow our Retail page already know, the downtown San Diego retail market has been very hot and is just getting hotter, with thousands of new residential units and long-awaited new office development...
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• June 9, 2005 - Pro Moves
6/09/05
Healstone Investment Real Estate, the OC-based brokerage firm, has brought on board Chris Moses to lead the company's recently launched retail investment division. Moses, an industry veteran and mixed-use expert has already l...
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• Torrance Center Sells for $16.6 Mil
6/07/05
CH Realty/Acquisitions III LLC purchased Southwood Village shopping center, a 67.5k sf neighborhood shopping center in Torrance, for $16.6 mil ($246/sf). Anchored by Ace Hardware and Chevron, Southwood Village is located at t...
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• Retail Briefs
6/06/05
June 6, 2005 – Retail Briefs
Chinatown Purchase Could be the Start of a Real Estate Dynasty; Banner Lease for San Diego Landlord
LOS ANGELES (Los Angeles County) -- A private investor paid $25.3 mil for Dynasty Center, a 75...
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• Strong Outlook for Retail Investment in San Francisco and Oakland
6/03/05
Retail buyers continue to be lured to the Bay Area by favorable demographic trends, thanks to strong retail sales and a positive long-term outlook for asset appreciation. At least, that's the opinion of Marcus & Millichap, th...
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• Kensington Busy Trading SoCal Retail Centers
6/02/05
Tustin-based Kensington Real Estate Group wrapped up more than $33 mil in transactions in the second quarter of 2005. This activity included the purchase of Van Buren Plaza in Riverside and Cypress Plaza in Cypress, in two se...
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• American Girl is Positively Grove-y
6/02/05
Caruso Affiliated has signed American Girl Inc, a division of Mattel Inc, to a lease for a 40k sf store at The Grove, the popular retail/entertainment development built around the historic Farmers Market in LA's Fairfax area....
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• Burnham Equities Pins Down Redevelopment of Former Bowling Alley in Orange
6/01/05
Burnham USA Equities recently acquired a former Brunswick bowling alley site in the city of Orange, which they plan on redeveloping into a residential or mixed-use project. The site, located at 2375 N. Tustin Ave, was acquire...
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