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• AMC Champions New Retail Phase in Burbank
7/18/03
AMC Entertainment, Inc., the big theater chain which owns Burbank Entertainment Village, has selected LA-based Champion Development Group to develop the second phase of this project, which sits on four acres and is considered...
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• Retail Sales News Centers on San Diego Centers
7/17/03
News of these two sizable sales came across the San Diego newswires in June and we also saw them speedily load up on the pages of GlobeSt. The first occurred just over a month ago and was the very sizable $87 million sale of ...
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• July 16, 2003 - JH Snyder Tops Out on West Hollywood Gateway Retail Project
7/16/03
At the end of June we got the update from The J.H. Snyder Company and Swinerton Builders that they “celebrated the topping out of the West Hollywood Gateway, an outdoor retail center anchoring the eastern entry to the city of...
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• City Council Approves Agreement for $123 Mil South LA Development
7/15/03
An important new LA retail/residential project moved another step closer to becoming reality recently, as the Los Angeles City Council approved the agreement with Capital Vision Equities and Keyshawn Johnson for the developme...
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• Investors Pick Up Retail Centers in Lake Forest and La Mirada
7/14/03
The Mayfield Trust paid $4.25 mil for Foothill Center, a two-building, 19.4k sf ($219/sf) retail center located at 20651-20671 Lake Forest Drive, south of the Foothill Transportation Corridor in Lake Forest. Located just minu...
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• New Soul for Former Bally Shoe Store in San Francisco
7/11/03
A group of local retailers has banded together to lease a prime space on Union Square in San Francisco. The retailers, who have not disclosed their names, signed a 10-year deal for 11.2k sf at 238 Stockton St. They plan to op...
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• Financing Notes
7/09/03
The San Francisco office of Newmark Realty Capital recently closed a few interesting deals in the Bay Area. Newmark's Terri Slocombe arranged permanent financing in the amount of $4,725,000 for the Haight/Clayton building in ...
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• Apollo Shoots for the Moon in West Hollywood
7/08/03
Apollo Real Estate Advisors, the NY-based real estate funds advisory company, is reportedly about to buy the Beverly Connection, a two-level, 322k sf retail complex directly across the street from the Beverly Center. The cent...
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• San Diego Retail Lease Review
7/07/03
Poway residents who can't get down to LA much can now look forward to their own Staples Center. Of course, they won't be able to watch professional basketball at this new 19.1k sf Staples Center, but hey, neither do Clippers ...
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• Mills Wraps Up Giant Del Amo Center Buy
7/02/03
Here's a quick update on a major sale that we first reported still being finalized back in May, as Arlington, VA-based Mills Corp has closed on their purchase of Del Amo Fashion Center, SoCal's largest mall. The sale price is...
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• July 2, 2003 - Simon Says 'Buy' to Stanford Shopping Center
7/02/03
Stanford University is no longer floating the idea of selling its top-grossing Stanford Shopping Center. It has already sold it. Ending several months of speculation, Simon Property Group, the nation's largest mall owner, has...
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• Retail Briefs
7/01/03
LA MESA (San Diego County) -- A 19k sf retail building in La Mesa traded hands for $4.2 mil ($221/sf). Located at 5250 Jackson Dr, north of Fletcher Pkwy, the building includes such tenants as Banner Mattress, Dunn Edwards Pa...
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• Second Phase gets Underway at Downtown San Dimas Project
6/30/03
Marketplace Properties has broken ground on the second phase of San Dimas Town Center, which will be anchored by a 13k sf CVS pharmacy. Developed in conjunction with the city's redevelopment efforts, the project is situated o...
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• Highpoint Associates Adds Silver Spurs to Investment Collection
6/27/03
A three-building, 39.2k sf mixed-use complex in Rolling Hills Estates traded hands at a price of $4.3 mil ($110/sf). The two-story property consists of retail space on the ground floor and office space on the top floor and is...
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• Craig Realty to Pay $53 Mil for Citadel Outlets and Office Park
6/25/03
Newport Beach-based Craig Realty Group (CRG) has agreed to purchase the Citadel Outlets and Office Park in the City of Commerce for $53 mil, from the city's redevelopment agency. Known throughout Southern California for its h...
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• Slanted Door Signs Straight-Up Lease at Ferry Unique SF Landmark
6/24/03
In a major coup for the San Francisco Ferry Building, high-profile Vietnamese restaurant The Slanted Door signed for 8.2k sf in the recently revamped landmark property. The deal makes the popular eatery the property's largest...
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• Currier Square Delivers Big Retail News from Oroville
6/23/03
There was a newsworthy retail sale in Oroville, a NoCal burg roughly 70 miles north of Sacramento that we don't get too many chances to report about on the site. Known as the “City of Gold” (at least on some non-official city...
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• Private Investors Pay $14.8 Mil for Their Own Little Empire
6/20/03
Two private investors closed what is reported to be the largest single retail investment in the city of Fontana, having paid $14.8 mil for Palm Court at Empire Center, a 220.7k sf ($67/sf) retail property located off I-10 at ...
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• Bay Area Retail Trifecta
6/20/03
Following close upon the heels of the sale of Sunnyvale Town Center and the Great Mall of the Bay Area in Milpitas, three more Silicon Valley shopping centers have been sold. In Cupertino, a group of local investors bought th...
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• Investor Takes Baby Steps in Westminster Retail Buy
6/19/03
Park Pointe Center LLC picked up a 13.5k sf building within the Westminster Mall for $4.9 mil ($363/sf). Fully leased to Babies R Us, the building is located at 530 Westminster Mall, on the southwest side of the 405 Fwy, just...
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