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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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• 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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