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• Vegas Land Sale was a Premium Deal
6/27/02
Here's more info on the 39.2-acre Vegas land sale we reported on the site the other day. As mentioned, the buyer of the dirt, near Charleston and Grand Central Pkwy in the southeast quadrant of the intersection of the 15 and ...
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• Carson Planning $100 Mil Entertainment Special
6/26/02
GMS Realty LLC and Cherokee Investment Partners are planning the development of a mega-retail center on a 157-acre landfill site in the city of Carson. According to a recent article in the LABJ, the retail/entertainment proje...
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• West LA Retail Site on the Market Again
6/25/02
A sizable retail property in upscale Westwood Village is on the market again, about two or three years after the current seller, Madison Marquette, bought the property. The investment in question is actually a 30-year ground ...
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• Trizec May Have Buyer for Paseo Colorado
6/24/02
Trizec Properties, which for some time now has made it known that they were looking to sell off their three recently developed retail mega-projects – Hollywood & Highland in Hollywood, Paseo Colorado in Pasadena, and Desert P...
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• Yes, Clovis Has a Town Center, and it Sold for $9.8 Mil
6/21/02
A NoCal private investor paid $9.75 mil for Clovis Towne Center, a 133k sf ($73/sf) retail center at 90 West Shaw Ave in the town of Clovis. Constructed in 1984, the property is part of a 282k sf retail development that sits ...
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• LA Investor Pays $13 Mil for West Covina Center
6/17/02
West Covina Parkway Plaza West, an 87.6k sf retail center at the intersection of West Covina Pkwy and California Ave in West Covina, sold for $13 mil, or $148/sf. Originally constructed in 1975, the property was renovated in ...
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• Macerich Fells Giant Oaks in Conejo Valley
6/14/02
Following up on a major retail property that we mentioned was on the block a couple of months ago, it looks like Macerich Company, the Santa Monica-based retail REIT, has agreed to purchase The Oaks shopping center in Thousan...
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• Cathedral Partners Hears Their Calling at Brea Retail Center
6/12/02
Let's go shopping in Orange County and visit several retail properties that have recently changed hands. We'll begin in Brea where a 29.9k sf retail facility in the Birch Street Promenade sold to Cathedral Partners Inc for $...
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• Retail Briefs
6/10/02
SAN DIEGO (San Diego County) – A private investment entity called PieBush LLC paid $807.5k for a 6.3k sf ($128/sf) retail building at 4664 Clairemont Mesa Blvd, between Genesee Ave and the 805 Fwy in the Clairemont section of...
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• ICSC's Big Fall Deal Making Session Set for Sep 24-26
6/07/02
One of the bigger retail industry conferences on this side of the Rockies is set to happen on September 24 through 26, as the International Council of Shopping Centers' (ICSC) Western Division Conference and Deal Making event...
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• San Diego Investor Settles in at Maryland Hotel in Gaslamp Quarter
6/06/02
In downtown San Diego, a California limited liability company paid $7.76 mil for the Maryland Hotel, a six-story, 271-room ($28.6k/room) property at 630 F St, near the Gaslamp Quarter. The property, which was constructed in 1...
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• Ethan Allen Gets Comfortable with New Store in Laguna Niguel
6/05/02
Ethan Allen announced plans for a new store in Laguna Niguel, as the national furniture retailer inked a long-term lease for a 16.5k sf store at the Center at Rancho Niguel. The 370k sf shopping center is located at 28031 Gre...
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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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