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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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• Retail Briefs
6/18/03
SAN MARCOS (San Diego County) – Weingarten Realty Investors paid $17.5 mil for Rancho San Marcos Village, a 121k sf ($145/sf) retail center at 621-625 Rancho Santa Fe Rd. The property is 94% occupied and anchored by a Vons gr...
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• LA Investor Finds $26 Mil Grove of Opportunity in San Diego
6/17/03
Here's news of another sizable retail buy in San Diego County, which should not come as a surprise to anyone who follows real estate trends, since retail is one of the better investment segments at the moment and San Diego is...
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• Home Depot Takes Do-It-Yourself to New level
6/12/03
Here's the scoop on an interesting mix of commercial real estate news from around the northern and western edges of the LA Basin. We'll mention the sale of an office/retail property in the Conejo Valley and a land parcel in S...
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• Redlands Center Sells for $12.8 Mil
6/09/03
A 97k sf Redlands retail center has traded hands, as an LA-based investor paid $12.8 mil ($132/sf) for the Pavilion Shopping Center. Located at 2054 W. Redlands Blvd, the center is just off Hwy 10 and is considered to be the ...
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• M&H Puts another Seven West Coast Centers on the Market
6/07/03
Here's the scoop on seven more grocery-anchored retail centers to hit the market. Pulled from the still-warm pages of the latest Real Estate Alert, we hear that M&H Realty Partners has added this second portfolio, containing ...
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