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• Second Phase gets Underway at Downtown San Dimas Project
6/30/03
Marketplace Properties has broken ground on the second phase of San Dimas Town Center, which will be anchored by a 13k sf CVS pharmacy. Developed in conjunction with the city's redevelopment efforts, the project is situated o...
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• Highpoint Associates Adds Silver Spurs to Investment Collection
6/27/03
A three-building, 39.2k sf mixed-use complex in Rolling Hills Estates traded hands at a price of $4.3 mil ($110/sf). The two-story property consists of retail space on the ground floor and office space on the top floor and is...
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• Craig Realty to Pay $53 Mil for Citadel Outlets and Office Park
6/25/03
Newport Beach-based Craig Realty Group (CRG) has agreed to purchase the Citadel Outlets and Office Park in the City of Commerce for $53 mil, from the city's redevelopment agency. Known throughout Southern California for its h...
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• Slanted Door Signs Straight-Up Lease at Ferry Unique SF Landmark
6/24/03
In a major coup for the San Francisco Ferry Building, high-profile Vietnamese restaurant The Slanted Door signed for 8.2k sf in the recently revamped landmark property. The deal makes the popular eatery the property's largest...
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• Currier Square Delivers Big Retail News from Oroville
6/23/03
There was a newsworthy retail sale in Oroville, a NoCal burg roughly 70 miles north of Sacramento that we don't get too many chances to report about on the site. Known as the “City of Gold” (at least on some non-official city...
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• Private Investors Pay $14.8 Mil for Their Own Little Empire
6/20/03
Two private investors closed what is reported to be the largest single retail investment in the city of Fontana, having paid $14.8 mil for Palm Court at Empire Center, a 220.7k sf ($67/sf) retail property located off I-10 at ...
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• Bay Area Retail Trifecta
6/20/03
Following close upon the heels of the sale of Sunnyvale Town Center and the Great Mall of the Bay Area in Milpitas, three more Silicon Valley shopping centers have been sold. In Cupertino, a group of local investors bought th...
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• Investor Takes Baby Steps in Westminster Retail Buy
6/19/03
Park Pointe Center LLC picked up a 13.5k sf building within the Westminster Mall for $4.9 mil ($363/sf). Fully leased to Babies R Us, the building is located at 530 Westminster Mall, on the southwest side of the 405 Fwy, just...
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• Retail Briefs
6/18/03
SAN MARCOS (San Diego County) – Weingarten Realty Investors paid $17.5 mil for Rancho San Marcos Village, a 121k sf ($145/sf) retail center at 621-625 Rancho Santa Fe Rd. The property is 94% occupied and anchored by a Vons gr...
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• LA Investor Finds $26 Mil Grove of Opportunity in San Diego
6/17/03
Here's news of another sizable retail buy in San Diego County, which should not come as a surprise to anyone who follows real estate trends, since retail is one of the better investment segments at the moment and San Diego is...
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• Home Depot Takes Do-It-Yourself to New level
6/12/03
Here's the scoop on an interesting mix of commercial real estate news from around the northern and western edges of the LA Basin. We'll mention the sale of an office/retail property in the Conejo Valley and a land parcel in S...
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• Redlands Center Sells for $12.8 Mil
6/09/03
A 97k sf Redlands retail center has traded hands, as an LA-based investor paid $12.8 mil ($132/sf) for the Pavilion Shopping Center. Located at 2054 W. Redlands Blvd, the center is just off Hwy 10 and is considered to be the ...
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• M&H Puts another Seven West Coast Centers on the Market
6/07/03
Here's the scoop on seven more grocery-anchored retail centers to hit the market. Pulled from the still-warm pages of the latest Real Estate Alert, we hear that M&H Realty Partners has added this second portfolio, containing ...
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• La Verne Center is Surely Worth $10.9 Mil
6/06/03
In an apartment buy from about a month ago, a Southern California investment partnership paid $10.94 mil for La Verne West Center, a 64.7k sf ($169/sf) retail property at 1375 Foothill Blvd, south of Base Line Rd and west of ...
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• CIM Group Hopes to Double Up Big-Box Retailers at Desirable LA In-Fill Site
6/05/03
CIM Group, the urban infill development firm, has acquired an 11-acre site at the corner of San Vicente and Pico Blvds, about four blocks east of La Brea Ave in Los Angeles, with plans to construct a large retail center at th...
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• Retail Briefs
6/03/03
SAN FRANCISCO (San Francisco County) - Pivot Interiors Inc took 6k sf at 1725 Montgomery St for an office furniture showroom. Following recent deals by design firms Kodama Diseno and EDAW, the 49k sf building is now full. The...
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• June 2, 2003 - Nave Maneuvers
6/02/03
Central Novato is losing a major local retailer to a suburban strip center. Pini Hardware, which has been a downtown fixture for 70 years, signed a 15-year lease for 25k sf in Nave Shopping Center at 1535 South Novato Blvd. T...
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• Mills Corp to Acquire a Great Mall
5/30/03
Just three weeks since we reported on Mills Corp's pending acquisition of the giant Del Amo Fashion Center in Hawthorne, the national shopping center owner is reportedly about to purchase another major California center --- t...
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• ICSC Re-Cap
5/29/03
By Steve Bloom
It was another interesting ICSC convention last week, from Monday May 19 – Wednesday May 21, where this year about 26,000 people or so from around the US once again swarmed into the Las Vegas Convention Center...
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• May 28, 2003 - Stanford Seeking Bids for Shopping Center
5/28/03
Stanford University is soliciting bids for a long-term lease of the 70-acre Stanford Shopping Center. The lessee would operate the center and capture revenues, but the university would retain title to the land and buildings. ...
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