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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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• Costa Mesa Shopping Center About to Undergo Major Upscale Make-Over
6/21/01
Irvine-based Wohl Investment Company will begin an extensive rehabilitation of the 60k sf Hillgren Square shopping center, located along an entire city block on 17th Street, between Santa Ana and Westminster Aves in Costa Mes...
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• Retail Investment Report - SoCal Still Healthy
6/19/01
By Jodi Meade, SCSM, CCIM
OVERVIEW
The Los Angeles Country retail investment market has experienced a slowdown in the number of sale transactions that have occurred over the last few years. There was a decline in the number...
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• Don't Bother Me
6/18/01
One of SoCal's favorite fast food locales, Carl's Jr, will be adding an outlet in Temecula, as the chain signed a 20-year, $2.4 mil lease for a 3k sf ($3.33/sf/mo) restaurant pad in the Marketplace at Vail Ranch Shopping Cent...
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• Attention Kmart Shoppers!
6/14/01
In separate transactions, private investors have recently purchased two Northern California Kmart buildings, both of which are 86.5k sf in size and sit on 7.5-acre land parcels. The properties were built in 1990 and then leas...
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• Retail Briefs
6/12/01
LAGUNA NIGUEL (Orange County) NY-based retailer Loehman's has signed a 10-year deal for a 26.2k sf store in The Center at Rancho Niguel, located at Crown Valley Pkwy and Greenfield Dr. Loehman's will be relocating an existi...
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• Goldman Finds Gold in Mid-Wilshire Retail
6/08/01
Goldman Retail has picked up a 15k sf retail building on the southeast corner of Wilshire & Alvarado, in LA's Mid-Wilshire area. The building was sold for about $2 mil ($133/sf) by Rite-Aid, who will be vacating the property ...
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• Private Investors Pick Up a Big Chunk of Murrieta Center
6/07/01
Here's news of a good-sized shopping center sale just inside the western part of Riverside County, as Passco Real Estate Services purchased a major portion of the 127k sf Sierra Vista Plaza, located at 25030 Hancock Ave in Mu...
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• Shopping Center Central
6/06/01
Shopping is still big business and nowhere is that more prevalent than in California, where many of the country's biggest retail owners and developers are busy building and renovating shopping centers, in an effort to woo the...
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