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• Retail Briefs
8/30/01
COVINA (Los Angeles County) Community Thrift Stores inked a deal for a 30k sf store at 19720 Arrow Hwy, between Grand and Glendora Aves. The 10-year lease has a total value of $2 mil ($0.56/sf/mo). The tenant, who sells sec...
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• Orange County Retail Update
8/27/01
A lot's been going in the world of retail real estate in Orange County. We've come across a number of announcements about recent retail deals and developments in the region, which we'll summarize for you in this report. To st...
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• August 20, 2001- Retail Briefs
8/20/01
BRENTWOOD (Los Angeles County) A West Los Angeles investment group called Gorbrand Ltd Partnership has paid $7.9 mil for the 24.9k sf ($317/sf) Brentwood Village Center, located at 11700-11726 Barrington Ave, by Sunset Blvd...
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• You, Too, Can Shop Amongst the Joshua Trees
8/17/01
The folks in Palm Desert can look forward to a major new retail development, as a partnership made up of Malcolm Riley & Associates and Carver Companies announced plans to develop a 70-acre power center, called Desert Gateway...
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• San Marcos Shopping Center Set to Open
8/15/01
San Marcos consumers get ready to shop! That's because Regency Centers, the national owner, operator and developer of grocery-anchored shopping centers, is planning to hold a November grand opening of a new 148.3k sf shoppi...
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• Southern California Retail Sales Review
8/13/01
There have been a number of retail property sales in the past couple of weeks, and here are a few highlights, starting in San Diego County and working our way north into LA. In the first deal, a private investor paid $2.85 mi...
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• Grubb & Ellis Pros Take Care of Tenant Needs in SoCal Retail Leases
8/10/01
The Grubb & Ellis retail pros have been pretty busy of late, so we'll let you know about a couple of recent tenant deals they've handled. The first transaction is in Ontario, where Murrietta-based Furniture Superstore has sub...
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• Retail Briefs
8/07/01
RANCHO BERNARDO (San Diego County) Longs Drugs committed to a new 25.8k sf store in Westwood Village, a retail center at 11655 Duenda Rd, west of the 15 Fwy. The drug store chain, which signed a 15-year, $5.3 mil ($1.14/sf/...
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• Faris Lee Pros Broker Two More Retail Sales
8/03/01
The retail investment pros at Faris Lee Investments keep doing deals. Here are a couple of recent transactions that we just learned about. In the first deal, the Newton Family Trust paid $2.1 mil for a single-tenant restauran...
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• Retail Briefs
7/30/01
SANTA ANA (Orange County) A private investor, Hector Regner, has paid $6.8 mil for a 73.5k sf ($92.50/sf) retail center at 1710-1730 E. Seventeenth St, east of Grand Ave. The 30-year-old center, which underwent a renovation...
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• Retail Briefs
7/25/01
ANAHEIM (Orange County) Anaheim Imports, the auto dealership formerly known as Fullerton Toyota, has leased a completely redesigned and rebuilt 65k sf showroom at 1331 N. Euclid Ave, by the 91 Fwy at the Fullerton border. T...
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• Fast Times for Douglas Emmett at Sherman Oaks Galleria
7/20/01
As the grand re-opening of Douglas Emmett's completely rebuilt Sherman Oaks Galleria draws near, the owner/developer has news of a number of additional big name retailers that have recently committed to the project. Burke Wil...
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• Private Investor Makes $57 Mil Retail Buy
7/18/01
A family-owned investment group has purchased the 264.5k sf Glendale Fashion Center, located at Glendale Blvd and Wilson Ave in Glendale. The LA Times pegs the sale at $57.2 mil, or $216/sf. The center is fully leased and inc...
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• Regency Sells 136k sf Sacramento Center
7/17/01
Regency Centers, a national owner and developer of grocery-anchored shopping centers, has sold The Promenade, a 136k sf retail center in Sacramento, for $16.5 mil ($121/sf). Anchored by Bel Air Market, Longs Drugs, and True V...
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• Retail Briefs
7/13/01
COSTA MESA (Orange County) Irvine-based Wohl Investment Company went shopping recently, and came away with the 30k sf Barclay Plaza retail center, located at the southwest corner of Newport Blvd and 17th Ave. Wohl paid $4.5...
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• Construction in a Good Rhythm at Santana Row
7/10/01
Construction is well underway at Santana Row, Maryland-based Federal Realty Trust's mammoth project, which they describe as a one-of-a-kind mixed-use neighborhood, at the intersection of Steven's Creek Blvd and Winchester B...
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• Retail Briefs
7/05/01
SAN MARCOS (San Diego County) CT Realty Corp signed Computer Education Institute (CEI) to a seven-year, $2.1 mil lease for a 20k sf ($1.25/sf/mo) space at 78 Place, the 106k sf former factory outlet at 1050 Los Vallecitos R...
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• Developers in Upland Find Themselves at a Crossroads
6/29/01
The Colonies-Pacific, a joint venture between Pacific Development Group and Colonies Crossroads, has announced plans to construct a 110-acre retail development as part of The Colonies at San Antonio, a 434-acre master-planned...
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• Retail Briefs
6/27/01
COSTA MESA (Orange County) -- Big news on the retail front as My Dollar Store (no it is not an upscale version of a 99 Cents Only Store) has locked up a deal for new HQ office space in Costa Mesa, after signing a lease for ...
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• Mission Viejo Shopping Center Goes For $28 Mil
6/25/01
In one of the larger Orange County retail acquisitions so far this year, LA-based Kam Sung Co paid $28 mil for the 221.2k sf ($127/sf) Kaleidoscope shopping center, located on Crown Valley Pkwy along the north side of the 5 F...
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