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• Mira Mesa Center Trades for $27 Mil
5/31/05
A 140.4k sf shopping center in the Mira Mesa area of San Diego traded hands for $27.3 mil ($194/sf). Located at 8915-9035 Mira Mesa Blvd, between Camino Ruiz and Black Mountain Rd, the property is known as the Mesa Shopping C...
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• SoCal Retail Sales
5/25/05
OXNARD (Ventura County) -- An El Pollo Loco restaurant property in Oxnard has been acquired by West Los Angeles investors for $1.9 mil and is being leased back to the restaurant operators. The Klein Family Trust acquired the ...
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• Retail Briefs
5/24/05
TEMECULA (Riverside County) -- Fili Enterprises Inc, dba Daphne's Greek Café, has signed a 10-year, $850.5k lease for 2.6k sf ($2.73/sf/mo) of retail space in Temecula Town Center, located at 27644 Ynez Rd. Daphne's Greek Caf...
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• Investor Makes Grand Investment in East LA
5/23/05
Angelus Grand Plaza, a four-story 217.3k sf neighborhood shopping center in East LA, was purchased by a Santa Monica investor for $8.6 mil ($40/sf). Angelus Grand Plaza sits on 5.42 acres at 3650 E. Olympic Blvd, east of the ...
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• Retail Investors Go Shopping in the Inland Empire
5/20/05
Here's a review of four recent Inland Empire retail sales, all of which were brokered by Brad Umansky of Sperry Van Ness. The transactions had a combined value of $10.61 mil.
In one of the deals, LA-based private investors p...
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• The Shops at The Alhambra Energized after Latest Signings
5/19/05
Just over a year after its initial groundbreaking, the $10 mil, 2.2-acre neighborhood retail center in Alhambra, known as The Shops at The Alhambra, is 100% leased. The Shops were developed by The Ratkovich Company, which re...
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• Retail Briefs
5/18/05
SANTA CLARITA (Los Angeles County) -- A&B Properties, a Honolulu-based real estate developer, has purchased 10.36 acres in Santa Clarita for $7.9 mil ($17.50/sf/mo). A&B has plans to develop a 110k sf shopping center on the s...
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• $550 Mil is Today's Price for Desert Passage
5/17/05
Desert Passage, the unique, themed retail mall built alongside the Aladdin Hotel and Casino a few years ago, is reportedly on the market again, just a year-and-a-half after the current owner purchased the asset. The center, w...
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• Bay Area Retail Deal Smorgbasbord from Terranomics
5/16/05
Terranomics, the long-time retail real estate brokerage firm now part of BT Commercial, has been busy closing deals in and around the Bay Area. In this report, we'll update you on a number of the firm's most recent transactio...
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• Passco Collects $8.8 Mil from Country Corner
5/13/05
Country Corner Shopping Center, a 106.4k sf neighborhood shopping center in Escondido, was acquired by a private party for $8.8 mil ($83/sf). Country Corner was sold by Passco Real Estate Enterprises, which had acquired the p...
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• CIM Becomes Partner in TheatreDream Team
5/12/05
CIM Group has teamed up with TheatreDreams, an entertainment production and management company, to handle programming and operations at two very notable live entertainment venues, the Kodak Theatre at CIM Group's Hollywood & ...
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• Retail Investment Opportunities in California
5/11/05
Looking to invest some money in a retail property? Here are a few California listings that might interest you. In the city of Bell, a new 4k sf center at the corner of Florence and Atlantic is being marketed by Brad Umansky o...
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• Lake Forest Gets Its Old Saddleback Thanks to Westrust
5/10/05
A Westrust partnership has picked up the final 12 acres it was pursuing at Old Saddleback Valley Plaza on El Toro Rd in Lake Forest. The partnership, which includes Apollo Real Estate Advisors and a partnership advised by Wal...
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• Getting On Broadway Takes $65 Mil
5/09/05
A 189k sf retail center still under construction in Redwood City is being shopped around. The two-level property, located at the corner of Broadway St and Jefferson Ave, is thought to be worth around $65 mil ($344/sf), accord...
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• New Bond Thriller to Open in Oakland
5/06/05
Development is underway on the first new supermarket in downtown Oakland in more than 25 years, as the Bond Companies broke ground last week on a new 57k sf Whole Foods Market grocery store at the site of the former Cox Cadil...
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• Faris Lee Brokers $367 Mil in Deals over Last 60 Days
5/05/05
Irvine-based Faris Lee Investments wrapped up $367.5 mil in transactions over the last 60 days, in deals that covered a range of property types, such as shopping centers and retail buildings, located throughout the United Sta...
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• Investors Check Out Library Plaza in Poway
5/04/05
A 41.7k sf mixed-use property in Coronado was purchased by a Santa Barbara-based investment group for $17.35 mil ($416/sf). The three-story property, known as Coronado Plaza, is located at 1330 Orange Ave, just north of where...
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• CA Retail Listings are Sizzler-ing
5/03/05
Here's a sampler of a couple of current retail investment listings in the $3 mil to $ 4 mil range, from two very California different areas – Van Nuys and Barstow. We'll start with the Vn Nuys property, which is a single-tena...
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• Mira Mesa Center Sells for $27 Mil
4/28/05
A local real estate investor purchased Mesa Shopping Center, a 140.4k sf retail center in Mira Mesa, for $27.3 mil ($194/sf). The center, located at 8915-9035 Mira Mesa Blvd, between Camino Ruiz and I-15, is anchored by a Sea...
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• Staples Stocks Up on Space in Carlsbad Deal
4/27/05
Demand for retail space remains strong throughout San Diego County, and these latest lease comps will give you an idea of some of the most recent activity in the region. We'll start in Carlsbad, where Staples inked a 15-year,...
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