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• NewMark Adds $5 Mil Mark to Anaheim Town Square
8/16/02
NewMark Merrill Companies has just completed a $5 mil renovation of Anaheim Town Square, a 378k sf community center located on the Southeast corner of Lincoln Avenue and State College Boulevard in the city of Anaheim. After w...
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• Horton Hears a Gaucho Grill
8/15/02
Thinking about heading down to San Diego for a bit of summertime fun? Well, there will soon be two more restaurant choices from which to pick a good place to eat in the city, and we've got the lease info from both deals. One ...
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• New and Improved Bristol Warner Village Adds to a Revitalized Santa Ana
8/13/02
On Friday, July 19th, Bristol Warner Village, an 83.6k sf shopping center on the Southeast corner of Bristol and Warner, welcomed city officials along with other dignitaries as they cut the ribbon symbolizing a new and improv...
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• LA Investor Settles for Just the Flax
8/12/02
A distinctive 50-year-old retail store in Westwood Village recently changed hands, as an LA-based investment group paid $3.5 mil for the Flax store building at 10844-10852 Lindbrook Dr, north of Wilshire Blvd and east of West...
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• $125 Mil South LA Mixed-Use Development gets Go-Ahead from City
8/09/02
Last week, the Los Angeles Community Redevelopment Agency approved the $125 mil Marlton Square project, a mixed-use redevelopment plan for the former Santa Barbara Plaza site. The agency also agreed to its portion of a $42.2 ...
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• La Jolla Investors Fueled by Purchase of Mobil/Starbucks Property
8/09/02
Here's an update on a San Diego County retail buy, as a partnership of three individuals and a related trust paid $4.8 mil for a 1-acre corner site, occupied by a Mobil mini-mart and a Starbucks, at 130 Knoll Rd, between San ...
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• Corona Power Center to Undergo a Renaissance
8/08/02
The Corona Crossings, a yet-to-be-built power center at the northeast corner of I-15 and Cajalco Rd in Corona, has been given the new one-word name Renaissance. Bakersfield-based Castle & Cooke is the developer of the 1 msf p...
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• Santa Barbara Investor to Re-Finish Cedar Plaza
8/07/02
FCP Company, a Santa Barbara-based investment group, has acquired Cedar Plaza, a 28.5k sf mixed-use community center in Simi Valley. The retail/office property, situated on 3.2 acres of land at 1720 E. Los Angeles Ave, sold f...
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• LA Investment Group Picks Up 72k sf Santa Clarita Retail Property
8/05/02
Zimmerman Commercial Partners, an LA-based investment partnership paid $8.85 mil for Sierra Crest Center, a 71.7k sf ($123/sf) retail center at 27125 Sierra Hwy, north of Via Princessa and west of Hwy 14 in Santa Clarita. Bui...
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• New Tenants Set Up Shop at Camarillo Village Square
8/01/02
Donahue Schriber has signed a number of new leases at Camarillo Village Square, their 247.5k sf neighborhood shopping center in the Ventura County town of Camarillo. Currently undergoing a $5 mil renovation, the newest stores...
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• Retailers "Rise Up" in Upland
7/31/02
Eastvale Gateway, an 820k sf community center under development in Upland by Lewis Retail Centers in Southern California's Inland Empire, has locked up a couple of major anchors, well in advance of the scheduled Spring 2003 g...
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• Rothbart Betting on Hollywood Park-Adjacent Land for Major Retail Project
7/30/02
Santa Monica-based Rothbart Development Corp is looking to develop a retail project on a 60-acre site adjacent to the Hollywood Park Race Track in Inglewood, the same big chunk of land that was to be sold in two previous, fai...
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• California Investment Companies Spend $24 Mil on Pair of San Diego Centers
7/29/02
There was a pair of significant retail center sales in San Diego County recently, one in Encinitas and the other in Tierrasanta. The larger deal was in Encinitas, a city of about 60,000 people located on the 5 Fwy roughly 25 ...
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• National Dollar Stores Collects Over $2 Mil Dollars for Pair of LA Retail Buildings
7/29/02
A private investor paid $2.17 mil for a pair of retail buildings totaling 18.2k sf ($119/sf) at 3236-3268 West Slauson Ave in Los Angeles. Located at the southeast corner of Crenshaw, the structures are part of the Crenshaw P...
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• Marcus & Millichap Report Proclaims Retail Investment Market is Strong
7/26/02
For those of you looking to get a better read on the retail market now that we've passed the year's mid-point, Marcus & Millichap Real Estate Investment Brokerage Company recently released its National Retail Research Report ...
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• Dunn Duo Does Double Duty
7/26/02
A duo of retail investment specialists at Charles Dunn Company, George Russell and Tanel Harunzade, were involved in a pair of recent California shopping center sales. In the first sale, Rosedale Allen Associates paid $1.4 mi...
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• Retail Briefs
7/25/02
ONTARIO (San Bernardino County) - Kohl's Department Stores acquired an eight-acre parcel at the southwest corner of Milliken and 4th St in Ontario for the construction of a new department store, scheduled to open in March of ...
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• Investors Pick Up Baldwin Park Center
7/23/02
A joint venture consisting of J&J Warehouse Company LLC, Newman Tek Capital LLC and J&E Capital LLC has purchased a majority chunk of a Baldwin Park shopping center, that being Park Plaza, a 168.9k sf property at Maine Ave an...
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• Continental Park Adds Classic American Cuisine
7/22/02
Continental Development has locked in another big name restaurant chain at Continental Park, their successful office park situated along Rosecrans Ave, on the border of El Segundo and Manhattan Beach. LA-based Grill Concepts ...
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• July 19, 2002 - Get Ready for $400 Mil Sale at Glendale Galleria
7/19/02
Glendale Galleria, the successful 1.3 msf mega-mall at the south end of Glendale's business core, is reportedly being made available for sale. According to a recent piece in Real Estate Alert, the center's ownership, made up ...
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