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Chico Retail Seller is Pheasantly Surprised 6/04/02 Here's an update on a pair of SoCal retail investment deals, each ringing in at just under $20 mil. In the first sale, Alexander & Baldwin Inc paid $19.6 mil for the Marina Shores retail center. Located on Pacific Coast Hwy i...
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Hooray for Hollywest 6/03/02 Developers of the 600k sf Hollywest development recently celebrated the topping out of construction on the mixed-use project, expected to open this fall. The project, a public/private partnership between California Urban Inve...
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May 30, 2002 - Laguna Hills Commerce Center Gets Their Furniture Direct 5/30/02 Here's news on a couple of Orange County retail leases, starting in Fullerton, as United Retail inked a 12-year, $1.25 mil lease for 5.3k sf ($1.64/sf/mo) of retail space at 1337 South Harbor Blvd, between Orangethorpe Ave an...
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Retail Buyers are Goin' to Vanowen 5/29/02 Here's an update on a couple of recent retail sales in the San Fernando Valley, starting in North Hollywood, where a NoCal-based private investor paid $2.88 mil for a 28.4k sf ($101/sf) retail/office building. Located at 6736...
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Private Investors Feast on $2 Million San Diego Restaurant Deal 5/23/02 There continues to be quite a bit of retail activity in California's southernmost county, and we'll try to get you caught up on some of the more interesting deals of late. We'll begin in Oceanside, where a San Diego-based inv...
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May 22, 2002 - Retail Investors Celebrate Gateway Courtyard Buy with Three Demartinis 5/22/02 North meets South in Fairfield, as Phase I of the 83k sf Gateway Courtyard Shopping Center changed hands for $14.9 mil ($179/sf) last month. Southern California-based developers Larry Mielke and Tom Tellefsen sold the projec...
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Retail Developer goes on a Buying Spree 5/21/02 Donahue Schriber, the 33-year-old Costa Mesa-based retail development and investment company, with a portfolio of 65 neighborhood, community, regional, and community lifestyle shopping centers in California, Nevada, and Arizo...
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Passco Makes $12 Mil Jump into Jeronimo Business Center 5/19/02 Here's the scoop on a couple of major retail centers that have changed hands recently. Beginning down in Mission Viejo, Passco Real Estate Enterprises Inc purchased the 84.8k sf Jeronimo Business Center, located at 25800 Je...
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Century Theaters Decides to Take a Dip in The River 5/17/02 The Inland Empire has had some recent developments in the retail sector that are worthy of note, and we'll begin with a report of a major lease at the striking 250k sf retail and entertainment center in Rancho Mirage named Th...
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You'll Like The Pike 5/17/02 The Pike is re-opening in the city of Long Beach! No, not a resurrection of the historic tourist attraction that was the center of city life from the late 1800's until it closed in 1968. Not the one that included a public s...
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May 16, 2002 - Lowe and Lowe Team Up at The Exchange 5/16/02 In the city of Hawthorne, Lowe Enterprises has acquired an additional 17-acre parcel from Northrop Grumman for the development of the retail portion of The Exchange, Lowe's 105-acre mixed-use redevelopment of the long vacant ...
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Orange County Visitors Will Find More Wahoo's in Lake Forest 5/15/02 Let's visit Orange County and review some recent developments in the retail sector as a host of new tenants signed on at four of the county's major locations. Three Lake Forest centers lead the way, and we'll start with the ...
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Plaza Sorrento Sells for $18 Mil 5/09/02 In Sorrento Mesa, Costa Mesa-based Donahue Schriber Realty Group paid roughly $18 mil for Plaza Sorrento Shopping Center, a 97.9k sf ($184/sf) center at 6715-6785 Mira Mesa Blvd, at the southwest corner with Camino Santa Fe R...
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May 8, 2002 - Two Pairs of Marcus & Millichap Brokers Broker Pair of SoCal Centers 5/08/02 A few of the pros at Marcus & Millichap were involved in the recent sales of two sizable SoCal retail centers, those being the Shoppes at Fontana, a 98k sf center in Fontana, and Civic Center Plaza, a 170.3k sf retail center ...
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Chesterfield Square Completes Development Circle at Inner-City Site 5/03/02 This past Sunday, community leaders joined an estimated 3,000 local citizens for the grand opening celebration at Chesterfield Square, a $60 mil inner-city retail development at the corner of Western and Slauson Avenues in So...
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SoCal/NoCal Retail Sales Duo 4/29/02 We've got a pair of notable retail sales to report, one in Northern California and the other in the southern half of the state. We'll start with the more expensive deal, as an affiliate of Columbus Pacific Properties paid $31...
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Retail Briefs: RPM Spins 8 Mil into Torrance Center 4/25/02 BREA (Orange County) – A portion of the Birch Street Promenade retail center was sold, as Brent and Amy Ducoing paid $3.7 mil for a 25k sf parcel at 180 S. Brea Blvd, between Birch St and Imperial Hwy. The parcel is anchored ...
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Donahue Schriber goes Shopping 4/25/02 Donahue Schriber, a Costa Mesa-based retail investor and developer, recently made a couple of retail buys in Southern California. In the first deal, they purchased Cathedral City Marketplace, a 181.2k sf shopping center at Da...
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Retail Block Party 4/18/02 We continue to hear about interesting California retail properties being put on the market, thanks in part to the folks at Real Estate Alert, who are quick to pass the word on new listings. The latest news has San Francisco-b...
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Inland Empire to Become a Shopper's Paradise 4/17/02 Capitalizing on the continuing growth in the Inland Empire, Lewis Retail Centers has announced it is under development on six new retail centers at the I-15 and 210 Freeway corridors in the region, according to Randall Lewis,...
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