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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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• 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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