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• South Bay Pavilion Could Sell for $100 Mil
4/26/05
LA-based Hopkins Real Estate is looking to sell the 1 msf South Bay Pavilion Shopping Center in Carson, an investment the firm picked up in partnership with Genesis LA Real Estate Fund in 2003. They're hoping the property wil...
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• Buy Me a River!
4/25/05
The River, a recently completed 227k sf retail/entertainment center in Rancho Mirage, has been put on the market by J.h. Snyder Company, who built the property in 2001. The complex, which consists of 15 structures over 30 acr...
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• April 21, 2005 - Coronado Island Mixed-Use Property Trades for $17 Mil
4/21/05
A Santa Barbara investor paid $17.35 mil for Coronado Plaza, a three-story, 41.7k sf ($416/sf) mixed-use property in Coronado Island, located in the San Diego Bay just west of downtown. Located at 1330 Orange Ave and adjacent...
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• SoCal Retail Activity Review
4/19/05
COSTA MESA (Orange County) – A 12.8k sf property consisting of a Diedrich's Coffee and a Wendy's Drive-thru with office over retail sold for $4 mil ($312.50/sf). The property is located at 468 and 474 East 17th St. Paul Biton...
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• Club One and Camille's Touch Down at Skyport
4/13/05
Two new retail tenants have inked leases at Equity Office Properties' Skyport Plaza in San Jose. Club One Fitness will be opening a new 16k sf fitness and wellness center in May 2005, while Camille's Sidewalk Café is slated t...
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• Retail Briefs
4/11/05
BURBANK (Los Angeles County) –Entertainment Properties Trust, a Kansas City, MO entity paid $51 mil for Burbank Entertainment Village, a 121k sf ($421/sf) center in downtown Burbank, anchored by a 16-screen AMC Theatres Cinep...
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• Retail Briefs
4/07/05
HUNTINGTON BEACH (Orange County) – Bolsa Center, a two-building, 19k sf medical/retail center was purchased by West Covina-based Ai-Hoa Investment for $2.8 mil ($147/sf). The property is at 6552 Bolsa Ave, across the street f...
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• Retail Briefs
4/05/05
MONTEREY PARK (Los Angeles County) – NY-based Loews Cineplex Entertainment inked a 20-year lease for 65k sf of space at a new open-air complex being developed in Monterey Park. The project, called Atlantic Times Square, is be...
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• RPM Spins $20 Mil Purchase of Bristol Marketplace
4/04/05
Here's the scoop on a couple of recent OC retail sales brokered by the folks at Sperry Van Ness, the Irvine-based investment sales brokerage. One of the sales was in Santa Ana, while the other deal was in Newport Beach.
In S...
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• Duesenberg Has It Their Way in Woodland Hills Retail Purchase
4/01/05
A 30.5k sf retail building occupied by Whole Foods Market and Burger King in the San Fernando Valley traded hands at a price of $14.5 mil ($475/sf). The building is located at a primo location in Woodland Hills, off the 101 F...
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• Santa Barbara Firm Makes $25 Mil Inland Empire Retail Buy
3/31/05
Investec Commercial Inc, out of Santa Barbara, purchased Montclair East Shopping Center, a 135k sf shopping center located at the northeast corner of Moreno St and Central Ave along the San Bernardino 10 Freeway in the Inland...
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• SoCal Retail Briefs
3/30/05
LANCASTER (Los Angeles County) -- The Encino office of Marcus & Millichap Real Estate recently facilitated the sale of two commercial properties in Lancaster, in separate transactions. In one of the deals, the 61.7k sf Antelo...
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• The Marcus & Millichap Retail Bazaar
3/29/05
Marcus & Millichap, the national investment brokerage firm HQ'd out of Encino and Palo Alto, continues to rack up the retail sales. In this report, we'll review a number of recent deals handled out of the firm's Newport Beach...
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• Hopkins is Hopping Across SoCal
3/28/05
Orange County-based Hopkins Real Estate Group (HREG) has acquired two pieces of land totaling 40 acres in Mira Loma, on which they intend to develop a 360k sf community shopping center. Hopkins acquired the Riverside County l...
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• Retail Briefs
3/28/05
LADERA HEIGHTS (Los Angeles County) -- Wherehouse Music signed a five-year, $867k renewal for 5k sf ($2.89/sf/mo) of space at the Ladera Center, located at 5309 Centinela Ave in Ladera Heights. Wilson Commercial Real Estate o...
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• Financing Notes
3/25/05
Holliday Fenoglio Fowler (HFF) has arranged $20 mil in refinancing for Laurel Promenade, a 53.2k sf, two-story, unanchored retail center in Studio City. Completed in 1993, Laurel Promenade is 100% occupied by a number of nati...
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• New Report Says that Singles are in Great Demand
3/24/05
Marcus & Millichap Real Estate Investment Brokerage Company recently released its 2005 Retail Tenant Outlook, which indicates that single-tenant net-lease properties continue to outperform other property classes. The report f...
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• Sandstone Picks Up Retail Centers in Oceanside and Diamond Bar
3/23/05
Santa Monica-based Sandstone Properties just closed on two retail acquisitions, one in Oceanside and the other in Diamond Bar, with a total cost of $29.6 mil. Sandstone, which is run by Greg Sackler and Eri Kroch, partnered w...
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• Draftsmen & Craftsmen
3/22/05
The West Hollywood Gateway, an urban infill retail project, has been honored with the Project of the Year award in the category of Office/Commercial Retail by the California Redevelopment Association. It was developed by J.H....
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• Financing Notes
3/21/05
An important development for Anaheim got the dollars it needs to move forward as Fremont Investment & Loan has provided financing of $25 mil to Anaheim GW LLC for the acquisition of the Anaheim Gardenwalk site near Disneyland...
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