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• Retail Briefs
8/04/03
CAMARILLO (Ventura County) -- Donahue Schriber has completed a $6.5 mil renovation of Camarillo Village Square, a 243k sf neighborhood shopping center located at Las Posas Rd and Arneill Rd. It was purchased by Donahue Schrib...
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• August 1, 2003 - Caruso's Revised Plan for Glendale Town Center is Just Grove-y, Baby
8/01/03
In a 5-0 vote, the Glendale Redevelopment Agency has approved a revised site plan developed by Caruso Affiliated Holdings for the Glendale Town Center that expands the town square park, transforms Harvard St into a vibrant pe...
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• Crown Realty to Develop 34k sf Hawthorne Build-to-Suit for Circuit City
8/01/03
Crown Realty & Development Inc acquired a 2.8-acre parcel at 5033 West 147th St in the city of Hawthorne and plans to immediately begin development of a 34k sf build-to-suit location for Circuit City. Prior to breaking ground...
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• Retail Pro Moves
7/31/03
CB Richard Ellis has been in the news a lot this past week, mostly about finalizing their acquisition of Insignia/ESG Financial Services. But here's a note on one of their top performers, Richard Rizika, a senior retail broke...
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• Inglewood Residents can Look Forward to Big Upside at Crenshaw Imperial Plaza
7/31/03
At least one local investor thinks that there is a lot of upside to many older properties in Los Angeles, as Calabasas-based Upside Investments Inc just closed escrow on another sizable purchase, only a few weeks after announ...
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• Developer Continues Up a Creekside in San Leandro
7/30/03
In San Leandro, a city located a few miles south of Oakland in the Bay Area, Creekside Associates LLC is continuing with phase two of their Creekside Plaza project, at the northwest corner of Davis St and San Leandro Blvd. Co...
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• Triple Net Wraps Up $20 Mil Purchase of Jamboree Promenade
7/29/03
Jamboree Promenade, a 58.6k sf mixed-use property at Dupont Dr and Jamboree Rd in Irvine, was purchased by an affiliate of Triple Net Properties for $20.2 mil ($345/sf). The seller, Kensington Jamboree LP, an affiliate of Tus...
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• John Anderson Looking to Make The Good Guys Part of his Real Estate Team
7/28/03
John Anderson, one of LA's wealthiest residents, is looking to expand his growing portfolio of Westwood real estate. According to a recent article in the LABJ, Anderson's investment firm, Duesenberg Investment Company, is sai...
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• Kimco Looking to Close Second Big Bay Area Retail Buy in Last 12 Months
7/25/03
Kimco Realty Corp is reportedly close to acquiring 280 Metro Center, a 351.6k sf retail center in the Bay Area city of Colma. According to a recent story in the SF Biz Times, Kimco will pay roughly $59 mil ($168/sf) for the p...
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• Regency Teams With LA CRA and Concerned Citizens in So LA Dev
7/24/03
South Los Angeles, or what used to be South Central (that's right, we said it!) is closer to getting a new retail center since the City Council recently approved the LA Community Redevelopment Agency's plan to pursue a $19.5 ...
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• New Management Takes Over at Upscale Del Mar Retail Center
7/24/03
DRA Advisors has awarded Burnham Real Estate Services the leasing and management contracts for Del Mar Plaza, an upscale retail and dining center overlooking the Pacific Ocean in Del Mar. The center is one of the most popula...
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• We Love Retail Investments in the Morning
7/23/03
Brokers at Marcus & Millichap's Ontario office handled both sides of the sale of the Victorville Town Center in, where else, Victorville, when VNF Properties closed on its $14.75 mil buy. The sale of the 202k sf property for ...
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• AMC Champions New Retail Phase in Burbank
7/18/03
AMC Entertainment, Inc., the big theater chain which owns Burbank Entertainment Village, has selected LA-based Champion Development Group to develop the second phase of this project, which sits on four acres and is considered...
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• AMC Champions New Retail Phase in Burbank
7/18/03
AMC Entertainment, Inc., the big theater chain which owns Burbank Entertainment Village, has selected LA-based Champion Development Group to develop the second phase of this project, which sits on four acres and is considered...
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• Retail Sales News Centers on San Diego Centers
7/17/03
News of these two sizable sales came across the San Diego newswires in June and we also saw them speedily load up on the pages of GlobeSt. The first occurred just over a month ago and was the very sizable $87 million sale of ...
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• July 16, 2003 - JH Snyder Tops Out on West Hollywood Gateway Retail Project
7/16/03
At the end of June we got the update from The J.H. Snyder Company and Swinerton Builders that they “celebrated the topping out of the West Hollywood Gateway, an outdoor retail center anchoring the eastern entry to the city of...
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• City Council Approves Agreement for $123 Mil South LA Development
7/15/03
An important new LA retail/residential project moved another step closer to becoming reality recently, as the Los Angeles City Council approved the agreement with Capital Vision Equities and Keyshawn Johnson for the developme...
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• Investors Pick Up Retail Centers in Lake Forest and La Mirada
7/14/03
The Mayfield Trust paid $4.25 mil for Foothill Center, a two-building, 19.4k sf ($219/sf) retail center located at 20651-20671 Lake Forest Drive, south of the Foothill Transportation Corridor in Lake Forest. Located just minu...
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• New Soul for Former Bally Shoe Store in San Francisco
7/11/03
A group of local retailers has banded together to lease a prime space on Union Square in San Francisco. The retailers, who have not disclosed their names, signed a 10-year deal for 11.2k sf at 238 Stockton St. They plan to op...
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• Financing Notes
7/09/03
The San Francisco office of Newmark Realty Capital recently closed a few interesting deals in the Bay Area. Newmark's Terri Slocombe arranged permanent financing in the amount of $4,725,000 for the Haight/Clayton building in ...
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