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• Retail Briefs: Wohl Nabs a Legacy in Fullerton
11/02/01
FULLERTON (Orange County) -- Wohl Investment Company acquired Legacy Business Center from Legacy Partners. Wohl paid $2.7 mil for the 50.2k sf ($54/sf) multi-tenant retail center, located at 301 State College Blvd, west of th...
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• Irvine Company to Offer a Much Broader Spectrum Center
10/30/01
The Irvine Company continues to do well with their retail developments, as they just announced some big news at the Irvine Spectrum Center, their 480k sf shopping, dining and entertainment complex located at the confluence of...
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• Forest City Goes For the Beach
10/30/01
Forest City Enterprises, the big Cleveland-based developer/owner, has bought a 50% interest in the Galleria at South Bay, a successful 1.1 msf regional shopping mall at Hawthorne and Artesia Blvds in Redondo Beach. According ...
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• Retail Briefs
10/23/01
MORENO VALLEY (Riverside County) – A couple of family trusts were involved in the $3.3 mil sale of a 15k sf ($220/sf) retail property at 2828 Campus Pkwy. The buyer was the Khuri Family Trust, and they were repped by Jamil Ta...
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• The River Overflows with 12-Screen Theater
10/22/01
Krikorian Premiere Theatres has agreed to operate a 12-screen, 3k sf Cineplex at The River, J.H. Snyder Company's 245k sf retail/entertainment complex set to open by mid-November in Rancho Mirage. With all of the recent strug...
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• NewMark on a Mission in Oceanside
10/19/01
NewMark Merrill Companies has made another significant retail center acquisition, as the Tarzana-based company recently purchased Mission Marketplace, a 378k sf shopping center at the northwest corner of Hwy 76 and College Bl...
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• Faris Lee Pros Close Trio of Mission Viejo Retail Deals
10/17/01
The brokers at Faris Lee Investments keep racking up the retail property deals, as we just got word on three more sizable transactions they closed in Mission Viejo. In the first sale, Westwood Financial paid $15 mil for Gatew...
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• Broadstone Plaza to Get Broader by 120k sf
10/15/01
Opus West Corp has recently acquired 12 acres of land next to its Broadstone Plaza retail development and plans to immediately expand the center by 120k sf. Opus purchased the land from Gateway Projects Inc at a cost of $6 mi...
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• Retail Briefs
10/12/01
EL CERRITO (Contra Costa County) – Regency Centers has sold a pad at El Cerrito Plaza, a 316.3k sf retail center they own at the intersection of San Pablo and Fairmont Aves. Prior to selling the pad, Pier 1 Imports committed ...
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• Simon Property's 50% Buy of 1.7 msf San Diego Center Leads SoCal Retail Sales Trio
10/09/01
There continues to be investment activity in retail properties throughout Southern California, as we review a few notable transactions of late. In a very sizable deal, NY-based Lend Lease Real Estate Investments has sold a 50...
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• San Bruno Retail Center to Undergo Major Redevelopment
10/09/01
Wattson Breevast has announced a spring 2002 groundbreaking of a $105 mil redevelopment of Tanforan Park Shopping Center, in San Bruno. The major undertaking will transform the 965k sf complex into a 1.1 msf upscale retail ce...
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• Investors Go Retail Shopping in San Diego
10/05/01
In the Grantville section of San Diego, which is just north of the 8 Fwy and east of the 15 Fwy, investors purchased the Mission Square Shopping Center, a 23.7k sf retail center at 6171 Mission Gorge Rd. The buyers, Jack Sidn...
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• Retail Briefs
10/03/01
LAS VEGAS (Clark County) –Romzi Gormo shouldn't have to wait in long lines for a Chalupa anymore, as the private investor paid $1.6 mil for a 31.9k sf parcel at 405 N. Nellis, which contains a 2.4k sf Taco Bell. The fast food...
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• Hollywood Developer Has Its Dome Topped Off
9/27/01
In Hollywood, Robertson Properties Group (the spin-off of the Pacific Theaters real estate group) has topped off construction of their $100 mil Dome Entertainment Center, the 210k sf retail and entertainment destination cente...
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• Big ICSC Event in the Desert Happens Next Week
9/26/01
For you retail pros, the Western Division Conference and Deal Making convention of the International Council of Shopping Centers (ICSC) will convene at the Palm Springs Convention Center next week, from Oct 2 - 4. It looks li...
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• SoCal Communities Can Look Forward to New Destination Retail Developments
9/25/01
Here's an update on two major SoCal retail projects, one a brand new development and the other a major renovation, still in the planning stages. In Glendale, Rick Caruso is getting ready to move ahead with development of the ...
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• Retail Briefs
9/19/01
SAN DIEGO (San Diego County) – AGF LLC has purchased the 9k sf retail component on the ground floor of the Crown Bay Condominium project, located on the north side of K St between 3rd and 4th Streets. The seller, Intracorp, r...
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• Santa Ana Retail Property Sells in a Jiffy
9/17/01
Here's a trio of recent retail sales comp from southern California. In the first deal, T & N Tustin Investments Inc purchased a 20.4k sf auto retail center at 2005-2025 Tustin Ave, adjacent to the 55 Fwy by 2nd St. The buyer ...
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• Retail Briefs
9/10/01
RANCHO SANTA MARGARITA (Orange County) - In Trabuco Canyon, Dove II LLC bought the 69k sf retail center known as Dove Canyon Plaza from Dove Canyon Plaza LLC for $7.75 mil, or $112/sf. The property address is 31911-31991 Dove...
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• Burnham Unloads Another 18 Properties
9/04/01
Burnham Pacific Properties, the troubled San Diego-based REIT that has been aggressively selling off their entire portfolio in an effort to liquidate the company, has come to an agreement to sell 18 properties to Pacific Reta...
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