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• Madison Marquette Picks Up Full Ownership of Bay Street Emeryville Retail Project
11/08/04
Madison Marquette has acquired full ownership in the retail component of Bay Street Emeryville, buying out the equity interest of its former partner in the venture, MacFarlane Partners. Bay Street Emeryville is a 365k sf, mix...
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• Inland Western Picks Up Bakersfield Retail Center
11/05/04
Inland Western Retail Real Estate Trust Inc has purchased the Plaza at Riverlakes, a 102.8k sf shopping center in Bakersfield, for $17 mil ($165/sf). The property is anchored by a 58k sf Ralph's grocery store. Other tenants i...
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• Vista Village Adds Some Linens "N" things
11/04/04
Linens ‘N Things has signed a 12-year, $6 mil lease for 30k sf ($1.39/sf/mo) of space in the 84.5k sf second phase of Vista Village, the mixed-use town center in the heart of Vista's downtown area. Vista Village is being dev...
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• City Center Becoming the Retail Center in Oakland
11/02/04
East Bay Business Campus
So far, 2004 has proven to be a good year for retail leasing activity at Shorenstein Realty's City Center business complex in Oakland. With five new leases and four renewals, the retail occupancy rat...
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• Westcore Gulps Down another Corona
11/01/04
Westcore Corona Plaza LLC, a partnership consisting of a Westcore Properties affiliate and Longwing Real Estate Ventures, paid $11.85 mil for Corona Main Street Plaza, a four-building, 92k sf ($129/sf) retail center at 300-47...
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• SoCal Retail Briefs
10/29/04
VISTA (San Diego County) – Breeze Hill Shopping Center, a 17.9k sf retail center at 640-660 Hacienda Dr was purchased by Breeze Hill Grand Ave LLC and Breeze Hill A Street LLC for $10.6 mil ($592/sf). National tenants at the ...
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• Dallas Investor Makes $26 Mil Escondido Buy
10/28/04
Felicita Town Centre, a 126.5k sf retail center in Escondido, was purchased by Sarofim Realty Advisors of Dallas TX, for $26.5 mil ($209/sf). The center, located at 1805-1895 Centre City Parkway, east of I-15 and north of El ...
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• Robertson Properties Picks Up Monrovia Marketplace
10/28/04
Robertson Properties Group has acquired Monrovia Marketplace, a 52.5k sf retail property at 725-745 West Huntington Dr, a few blocks east of Santa Anita Park in Monrovia. Situated on four acres adjacent to the 210 Fwy, the pr...
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• Combined Closes a Common Buy in La Verne
10/27/04
Combined Properties, the retail center owner/operator, purchased The Commons at La Verne, a 105.6k sf center located at the intersection of Foothill Blvd and Wheeler Ave in the San Gabriel Valley community of La Verne. It sit...
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• Investors Snap Up San Diego-Area Retail Centers
10/26/04
Here's the scoop on a pair of San Diego County retail centers that recently traded hands, in deals totaling $8 mil. One of the properties is in Pacific Beach while the other is in Vista.
The larger of the two transactions wa...
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• New Mixed-Use Development Underway in Torrey Hills
10/26/04
Construction has begun on a new 138.3k sf mixed-use center in the Torrey Hills area of San Diego. Called Torrey Hills Center, the $35 mil project will be an outdoor community center comprised of retail stores and a family med...
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• Passco TIC Investors Become Village People
10/25/04
Passco Real Estate Enterprises Inc and its tenant-in-common investor group have completed a $100 mil acquisition of The Village at Orange, an 858k sf ($116.50/sf) regional mall just west of the 55 Fwy in the city of Orange. T...
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• LaSalle Reels in Fisherman's Wharf Retail Center
10/22/04
Chicago-based LaSalle Investment Management has purchased the Anchorage, an 80k sf outdoor shopping center situated along Fisherman's Wharf in the heart of this very popular San Francisco tourist destination. Although the pri...
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• Retail Briefs
10/20/04
RANCHO BERNARDO (San Diego County) -- Wild Oats Inc, the Boulder, CO-based specialty grocer, inked a lease for 38k sf of retail space in Rancho Bernardo for a new Henry's Marketplace store. The value of the 20-year lease was ...
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• Cornerstone Corrals Corona Complex
10/19/04
Laguna Niguel-based Cornerstone Development purchased Sierra del Oro Town Center in the Inland Empire city of Corona for $18.24 mil, as part of a 1031 exchange. The 110.9k sf center, which is located at 2621-2721 Green River ...
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• Four SoCal Retail Centers Trade Hands in Deals Worth almost $100 Mil
10/18/04
Four SoCal grocery-anchored shopping centers traded hands in the last 30 days, in deals with a combined value of nearly $100 mil. Reza Investment Group (RIG), the Orange County-based retail investment advisory firm led by Rez...
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• Financing Notes
10/14/04
Newmark Realty Capital arranged $48.5 mil in permanent financing on the Marina Pacifica Shopping Center, a 477.5k sf retail center adjacent to the upscale Naples and Belmont Shores neighborhoods in Long Beach. The complex, wh...
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• For Just $62 Mil You Can Join the Country Club Set
10/13/04
A unique 620k sf retail center in Sacramento has been put on the market. A Scottsdale, AZ group called Arizona Partners has listed Country Club Plaza, a single-level center anchored by Macy's Gottschalk's Bed Bath & Beyond an...
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• Westcore Acquires Alpine Center
10/12/04
A Westcore Properties affiliate paid $8.6 mil for Alpine Creek Center, a six-building, 73.4k sf ($117/sf) retail center in the east San Diego County community of Alpine. The property is situated on 10.3 acres at 1347, 1385 an...
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• Retail Notes
10/11/04
BUENA PARK (Orange County) - Red Mountain Retail Group, a Santa Ana-based investment buyer and value-added retail developer, purchased a 10-acre retail site in Buena Park formerly anchored by Kmart. The transaction was valued...
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