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June 23, 2024
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RETAIL NEWS
Archive
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• LA Investment Group Picks Up 72k sf Santa Clarita Retail Property
8/05/02
Zimmerman Commercial Partners, an LA-based investment partnership paid $8.85 mil for Sierra Crest Center, a 71.7k sf ($123/sf) retail center at 27125 Sierra Hwy, north of Via Princessa and west of Hwy 14 in Santa Clarita. Bui...
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• New Tenants Set Up Shop at Camarillo Village Square
8/01/02
Donahue Schriber has signed a number of new leases at Camarillo Village Square, their 247.5k sf neighborhood shopping center in the Ventura County town of Camarillo. Currently undergoing a $5 mil renovation, the newest stores...
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• Retailers "Rise Up" in Upland
7/31/02
Eastvale Gateway, an 820k sf community center under development in Upland by Lewis Retail Centers in Southern California's Inland Empire, has locked up a couple of major anchors, well in advance of the scheduled Spring 2003 g...
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• Rothbart Betting on Hollywood Park-Adjacent Land for Major Retail Project
7/30/02
Santa Monica-based Rothbart Development Corp is looking to develop a retail project on a 60-acre site adjacent to the Hollywood Park Race Track in Inglewood, the same big chunk of land that was to be sold in two previous, fai...
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• California Investment Companies Spend $24 Mil on Pair of San Diego Centers
7/29/02
There was a pair of significant retail center sales in San Diego County recently, one in Encinitas and the other in Tierrasanta. The larger deal was in Encinitas, a city of about 60,000 people located on the 5 Fwy roughly 25 ...
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• National Dollar Stores Collects Over $2 Mil Dollars for Pair of LA Retail Buildings
7/29/02
A private investor paid $2.17 mil for a pair of retail buildings totaling 18.2k sf ($119/sf) at 3236-3268 West Slauson Ave in Los Angeles. Located at the southeast corner of Crenshaw, the structures are part of the Crenshaw P...
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• Marcus & Millichap Report Proclaims Retail Investment Market is Strong
7/26/02
For those of you looking to get a better read on the retail market now that we've passed the year's mid-point, Marcus & Millichap Real Estate Investment Brokerage Company recently released its National Retail Research Report ...
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• Dunn Duo Does Double Duty
7/26/02
A duo of retail investment specialists at Charles Dunn Company, George Russell and Tanel Harunzade, were involved in a pair of recent California shopping center sales. In the first sale, Rosedale Allen Associates paid $1.4 mi...
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• Retail Briefs
7/25/02
ONTARIO (San Bernardino County) - Kohl's Department Stores acquired an eight-acre parcel at the southwest corner of Milliken and 4th St in Ontario for the construction of a new department store, scheduled to open in March of ...
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• Investors Pick Up Baldwin Park Center
7/23/02
A joint venture consisting of J&J Warehouse Company LLC, Newman Tek Capital LLC and J&E Capital LLC has purchased a majority chunk of a Baldwin Park shopping center, that being Park Plaza, a 168.9k sf property at Maine Ave an...
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• Continental Park Adds Classic American Cuisine
7/22/02
Continental Development has locked in another big name restaurant chain at Continental Park, their successful office park situated along Rosecrans Ave, on the border of El Segundo and Manhattan Beach. LA-based Grill Concepts ...
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• July 19, 2002 - Get Ready for $400 Mil Sale at Glendale Galleria
7/19/02
Glendale Galleria, the successful 1.3 msf mega-mall at the south end of Glendale's business core, is reportedly being made available for sale. According to a recent piece in Real Estate Alert, the center's ownership, made up ...
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• July 19, 2002- Newly Created Empire to Build Village in Corona
7/19/02
There was big retail news in the Inland Empire recently as developer Empire Commercial Real Estate broke ground on a 100k sf upscale neighborhood retail center in Corona. The center, which is scheduled for a 2003 completion a...
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• July 15, 2002- Orange County Retail Leasing Notes
7/15/02
A CB Richard Ellis report highlights its recent retail leasing activity in Orange County and we'll take a look at some of these happenings. Beginning in Rancho Santa Margarita, at the southwest corner of Avenida De Las Bande...
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• NoCal Retail Briefs
7/12/02
EL CERRITO (Contra Costa County) – Specialty market chain Trader Joe's inked a 10-year deal for 11k sf at El Cerrito Plaza, a 318k sf shopping center at San Pablo Ave and Fairmont St, owned by Regency Centers, the giant Flori...
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• Pan Pacific Gets Square Deal in Tustin
7/10/02
Pan Pacific Properties, a NYSE-traded retail REIT, just completed a $28.5 mil acquisition of Larwin Square, a 210.9k sf ($135/sf) retail center located on 15 acres at the intersection of Newport Ave, First St and Centennial W...
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• Chula Vista Center Adds New Décor
7/08/02
Here's a retail comp from Chula Vista, as Winn Marketing, dba Décor Furniture, signed a 14-year sublease for 12.5k sf of retail space from PetSmart at Rancho Del Rey Business Center. The transaction has a total value of $2.9 ...
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• Zelman Recapitalizes Ontario Gateway
7/05/02
Zelman Development Company recently wrapped up a $25 mil ownership recapitalization of Ontario Gateway, a 211.9k sf power center adjacent to Ontario Mills Mall, at the junction of Interstates 10 and 15 in Ontario. The project...
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• It's a New Century in Daly City
7/03/02
The opening of Pacific Plaza's entertainment anchor, Century Theatres' 20-screen cineplex, and restaurant plaza marks the completion of the first two phases of this dynamic mixed-use development, a joint venture of California...
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• Studio City Center Draws $21 Mil
6/28/02
Here's the scoop on a couple of notable LA-area retail centers that have sold. The first deal is in the San Fernando Valley community of Studio City, where an investment group paid $21.2 mil for Studio Center Place, a 108.1k ...
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