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• Retail Briefs
9/12/03
LONG BEACH (Los Angeles County) – Valley Properties paid $4.85 mil for a 53.2k sf ($91/sf) single-tenant retail property at 4700 Cherry Ave. The property, which sits on 3.7 acres of land, is leased to KV Mart Company and is u...
Price: $3.99
Executive Subscriber Price: Free
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• September 10, 2003 - Crossing Guards
9/10/03
Colliers International and Newmark Realty Capital Inc have brokered the sale of Sand Creek Crossing, a 251.8k sf shopping center in the growing Contra Costa County town of Brentwood. The seller was Philadelphia-based AIG Bake...
Price: $3.99
Executive Subscriber Price: Free
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• Thousand Oaks Mall Sells for $47 Mil
9/08/03
A Los Angeles-based partnership, Maxim LLC, has purchased Janss Marketplace in Thousand Oaks for $47 mil, as part of a 1031 exchange. Located on the northwest corner of Hillcrest Dr and Moorpark Rd in Thousand Oaks, Janss Mar...
Price: $3.99
Executive Subscriber Price: Free
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• RENTV goes Hunting for Retail Sales in Huntington Beach and Huntington Park
9/05/03
Here are a couple of good-sized SoCal retail sales comps in the $12 mil to $15 mil range, with one of the deals being in Huntington Beach and the other in Huntington Park. We'll start with the larger of the two transactions, ...
Price: $3.99
Executive Subscriber Price: Free
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• Sperry Van Ness Heads for the Woods
9/04/03
A 48k sf retail center in Laguna Woods, called Town Center Courtyard, has sold for $9.2 mil ($191/sf). Built in 2000, the two-story, Spanish-style building is at 24361 El Toro Rd, just west of Moulton Pkwy and across the stre...
Price: $3.99
Executive Subscriber Price: Free
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• Small NoCal Town Home to Big $32 Mil Home Depot Sale
9/03/03
A Phoenix-based investment partnership called The Cole Group purchased a 116.4k sf big-box-retail property that is the home of the Colma Home Depot, in the Bay Area city of Colma. The property, which includes nine acres of la...
Price: $3.99
Executive Subscriber Price: Free
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• September 2, 2003 - Mai-Tai Fine Choice
9/02/03
A two-man partnership headed by the owner of San Francisco's House of Prime Rib has purchased the former space of one of the city's best regarded restaurants and leased it to the company that operates the Trader Vic's chain o...
Price: $3.99
Executive Subscriber Price: Free
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• Novato Shopping Center a Fair Deal for Kimco
8/28/03
Following completion of more than $2.5 mil in renovations to Novato Fair Shopping Center in Novato, a joint venture between San Francisco's AMB Property Corp and New York-based AIG Insurance Inc sold the property to Kimco Rea...
Price: $3.99
Executive Subscriber Price: Free
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• August 27, 2003 - Furniture Movers
8/27/03
One of Oakland's best known commercial landmarks has found a new tenant. Gorman & Son Furniture, a Berkeley retail business that was founded in 1880, signed a 5-year lease for the bottom three floors of the former Saw Mill Fu...
Price: $3.99
Executive Subscriber Price: Free
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• Exchange Investor Trades into Yet-to-be-Built Sabre Springs Retail Project
8/26/03
There's been a lot of activity at a small, 1.35-acre site in Sabre Springs, which is located at 11385-11395 Poway Rd, about midway between I-15 and Pomerado Rd. A Pasadena entity called Landam Construction Exchange just purch...
Price: $3.99
Executive Subscriber Price: Free
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• Old Town to get a New Main Street
8/25/03
Ramsey Real Estate Group, a La Jolla-based developer, through its affiliated entity, Main Street Square LP, has acquired three properties in the Old Town area of Seal Beach. Located at 143, 147 and 148 Main St, the properties...
Price: $3.99
Executive Subscriber Price: Free
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• Palm Desert Center Sells for $25.3 Mil
8/22/03
An Irvine-based real estate owner/investor has purchased Desert Springs Marketplace, a 110.1k sf neighborhood retail center in Palm Desert. The property, which sits on a 12.4-acre parcel and comes with an adjacent 13-acre vac...
Price: $3.99
Executive Subscriber Price: Free
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• Retail Briefs
8/20/03
OCEANSIDE (San Diego County) – An investment entity paid $19.1 mil for Mission Center, a 163.9k sf ($116.50/sf) center at 3762-3784 Mission Ave. Richard Lebert of Colliers International represented the buyer, Mission Center L...
Price: $3.99
Executive Subscriber Price: Free
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• Porter Ranch Center Sells
8/19/03
In Porter Ranch, a high-income residential community on the northern outskirts of Northridge in the San Fernando Valley, Porter Ranch Shopping Center was sold by an affiliate of Santa Monica-based Doerken Properties to the Kl...
Price: $3.99
Executive Subscriber Price: Free
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• August 18, 2003 - Sherman Oaks Firm Pays $20 Mil for New Escondido Retail Center
8/17/03
An investment partnership managed by Sherman Oaks-based ACF Property Management closed a $19.9 mil retail buy in Escondido, in which they acquired the 97.7k sf ($204/sf) retail portion of Escondido Gateway. The mixed-use deve...
Price: $3.99
Executive Subscriber Price: Free
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• Phase II of Palm Springs Marketplace Promises to Be a Dynamic Venture
8/15/03
Centers Dynamic Inc has entered into a joint-venture with a San Mateo-based private family trust to develop 8.33 acres of land as phase two of the Palm Springs Marketplace in Palm Springs, CA. Located near the I-10 Fwy, the P...
Price: $3.99
Executive Subscriber Price: Free
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• August 14, 2003 - Retail Briefs
8/14/03
BUENA PARK (Orange County) - Two retailers, PetsMart and Michael's Stores, signed leases at Buena Park Place, a 215k sf retail center within the newly developed Buena Park Downtown retail and entertainment district. The two l...
Price: $3.99
Executive Subscriber Price: Free
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• August 12, 2003 - Laguna Hills Center Fetches $7.5 Mil
8/12/03
Western Country Plaza, a 27.8k sf retail center in Laguna Hills was purchased by The Bondurant Living Trust for $7.5 mil ($270/sf). Located at 27001 Moulton Pkwy, adjacent to the 73 toll road, the property is just minutes fro...
Price: $3.99
Executive Subscriber Price: Free
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• Dollar Tree Grows at Paperbark Plaza
8/08/03
Retail has been one of the stronger categories of commercial real estate during the economic slowdown of the past few years, and nowhere has that been more apparent than in San Diego, where demand for retail space remains hig...
Price: $3.99
Executive Subscriber Price: Free
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• Great Mall Becomes Great Mills Acquisition
8/07/03
The Great Mall of the Bay Area, the Milpitas retail center that was converted in 1994 from a former Ford Motor Co assembly plant, has been sold to Mills Corp for $265.5 mil. The figure is about $15 mil under the asking price....
Price: $3.99
Executive Subscriber Price: Free
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