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• Retail Investment Opportunities Take Off Near Oakland Airport
7/09/04
Here's an opportunity to grab one or all of four separate buildings that are part of an exciting new retail center near the Oakland Airport. Called Hegenberger Gateway, the development is an eight-building, 245k sf center on ...
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• Retail Briefs
7/08/04
LAKE FOREST (Orange County) -- The Lake Forest Antique Mall, a 24.6k sf retail building at 23222 Lake Center Dr, was sold for $4.2 mil ($171/sf) as part of a 1031 exchange. Ryan Litrich of Sperry Van Ness represented the sel...
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• Kids From the Valley Buy $8.8 Mil Retail Center
7/06/04
A 32k sf neighborhood retail center located at 9800 Topanga Canyon Blvd in the San Fernando Valley community of Chatsworth was sold for $8.8 mil ($275/sf). Located on the corner of Topanga Canyon Blvd and Lassen St, the cente...
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• NewMark Merrill Spreads Wings into Flamingo and Arlington Assignments
7/02/04
NewMark Merrill Companies, the 20-year old firm owned by CEO, Sandy Sigal and President, David Frank, recently picked up some new accounts with their appointment as the property manager for Arlington Square in Riverside, CA a...
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• Encinitas Retail Center Becomes a Weingarten
7/01/04
Camino Promenade, a 110.5k sf community shopping center in the San Diego County town of Encinitas was purchased by Weingarten Realty for $24.5 mil ($222/sf). Located at 204-252 N. El Camino Real, the property is situated at ...
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• Retail Notes
6/30/04
GARDEN GROVE (Orange County) – Home Shopping Korea signed a 15-year, $4.1 mil lease for 20k sf ($1.14/sf/mo) of store space at 7901 Garden Grove Blvd. The one-story building was constructed in 1994 and is owned by Shapell Ind...
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• Hopkins Set to Rock with Rockwood
6/29/04
Continuing with our reporting about players we had the chance to interview in Vegas at the ICSC Convention, we bring you news from Hopkins Real Estate Group, led by CEO Stephen Hopkins, who you will be able to see very soon i...
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• Downey Plaza Sold in Reliable $7 Mil Deal
6/25/04
Here are a couple of recent Mid-Cities LA retail sales brokered by some of the folks at Sperry Van Ness. In the larger of the two deals, Lingoi Ko Trust paid $7.02 mil for West Downey Plaza, a 49.1k sf ($143/sf) retail center...
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• Ratkovitch Adds some Kohl to the Alhambra Development Engine
6/24/04
The Ratkovich Company, owner/developers of The Alhambra, a 38-acre urban community at 1000 Fremont Ave in the San Gabriel Valley community of Alhambra, has sold approximately 4.7 acres of land to Kohl's Department Stores for ...
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• $209/sf for Anaheim Center? Are Euclidding Me?
6/23/04
Euclid Plaza, a 131.8k sf grocery-anchored retail center located at 621 N. Euclid St, between I-5 and La Palma Ave in Anaheim, was sold by a private individual investor to another private individual investor. The property sol...
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• ICSC Follow Up Notes
6/22/04
This year's Vegas ICSC conference was some show, with attendance reportedly up around 38,000. It was so exciting that we decided to cover it in video format, leading to a new RENTV video due out soon about the ICSC Vegas show...
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• Retail Briefs
6/16/04
IRVINE (Orange County) – Mitsui Sushi Bar & Grill inked a seven-year, $1.5 mil lease for 4k sf ($4.46/sf/mo) of retail space at Quail Hill Village Center, a new 150k sf retail center at Quail Hill Pkwy and Shady Canyon Dr/ Sa...
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• Passco Passes off Two California Centers
6/15/04
Passco Real Estate Enterprises Inc has wrapped up the sale of two grocery-anchored centers in California with an aggregate value of $25 mil. One of the properties is Mercantile Row Shopping Center, a 98.5k sf shopping center ...
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• New San Diego Retail Center Sells for $37 Mil
6/14/04
A California investment group paid $37 mil for a new 90k sf ($411/sf) retail center in Carmel Valley that is still under construction. The property, called Torrey Highlands Village Center, is expected to be completed later th...
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• Investors Pay $7.9 Mil for San Marcos Center
6/11/04
A La Jolla-based investor paid $7.9 mil for Vallecitos Village, a 78k sf ($101/sf) San Marcos shopping center. The property, which is made up of seven parcels for a total of 8.3 acres, is located at 1220-1364 E. Mission Rd, a...
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• Public Retail Listings from CB's Private Client Group
6/10/04
CB Richard Ellis' Private Client Group out of Newport Beach almost always has a number of interesting properties on the market, and in this report we'll share with you a couple of their most recent retail listings. Members in...
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• Cornerstone Closes $30 Mil Buy of Valencia Retail Center
6/07/04
Cornerstone Real Estate Advisors paid $30 mil for Northpark Village Square, an 87.6k sf ($342.50/sf) shopping center in Valencia. The property, which is at 27706-27776 McBean Pkwy, west of Seco Canyon Rd and south of Copper H...
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• LA's Retail Market to Remain Hot
6/04/04
Marcus & Millichap Real Estate Investment Brokerage Company, the nation's largest real estate investment brokerage firm, recently released its National Retail Research Report for 2004, which indicates that economic recovery w...
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• Retail Briefs
6/04/04
NEWPORT BEACH (Orange County) -- a private investor paid $2.55 mil at a proforma Cap rate of 6.5 percent for a 6.5k sf ($392/sf) retail building at 3305 Newport Blvd. Originally built in 1959, the property has more than 165 f...
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• Retail on the Rise in the Bay Area
6/03/04
Good news for retail real estate pros in San Francisco and Oakland, as Marcus & Millichap's recently released National Retail Research Report for 2004 indicates that San Francisco's retail market is on the rise, while Oakland...
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