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• Retail Briefs
4/05/01
CHULA VISTA Main Center LP, an El Cajon-based partnership, has purchased the 32.4k sf Main Center, a retail development located at 2638-2648-2650 Main St and 1680-1686 Broadway, just east of the 5 Fwy, for $3 mil ($92.59/sf...
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• Burnham Pacific Takes Care of Some Spring Cleaning
4/04/01
The dissolution of Burnham Pacific Properties Inc is dramatically altering the ownership landscape for Bay Area neighborhood and community shopping centers, but other sales are also contributing to the change.
A large number...
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• The River's Risin'
3/29/01
J.H. Snyder Company has begun construction on their 225k sf specialty retail development, called The River, in Rancho Mirage. The $25 mil project will include a 79k sf 14-screen theater, a 25k sf Borders Books, along with ove...
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• Retail Briefs
3/27/01
LOS ANGELES Richard Rizika was named LA County's Top Retail Broker in 2000 by the LABJ, announced as part of their annual Real Estate Awards in the latest edition of the weekly newsmagazine. Rizika, a Senior VP with CB Rich...
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• Won't You Take Me toβ¦ Shoppingtown!
3/19/01
Westfield America has just opened the first phase of the $165 mil redevelopment at their Westfield Shoppingtown Valley Fair, San Jose's mega-mall, bordered by the 880 Fwy on the east, Winchester Blvd on the west, Stevens Cree...
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• Retail Briefs
3/17/01
SAN MARCOS - Bennett Capital LLC acquired an 81k sf shopping center at 1220-1364 E. Mission Rd, at the corner of Avenida Chapala, for $3.6 mil ($44.4/sf). The buyer assumed a loan with a balance of $3.2 mil, held by Great-W...
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• Caruso Meets Glendale's Approval
3/16/01
Following up on our story from last week, Rick Caruso was given the nod this week by the Glendale City Council for development of the Glendale Town Center, a $100 mil mixed-use project to be built on 12 acres in the city's do...
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• Doerken to Juice Up Citrus Center
3/15/01
LA-based Doerken Properties continues its push into the San Francisco Bay Area, with the recent acquisition of Citrus Center, their third shopping center in the region. Doerken paid $16.3 mil for the 101k sf ($161/sf) propert...
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• Retail Briefs
3/13/01
SAN DIEGO The Abbey Company's Rancho Carmel Village Center, located at 12125-12165 Alta Carmel Ct, off Avenida Venusto in the master-planned Carmel Mountain Ranch area, achieved 100% occupancy after a couple of recent deals...
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• Retail Briefs
3/09/01
LARKSPUR Marin Brewing Company has signed a 10-year renewal/expansion lease at the Larkspur Shopping Center in Marin County, as the suds seller upped their restaurant space from 1.5k sf to 2.5k sf at the 189k sf retail cent...
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• Caruso and Snyder Face-Off in Glendale Competition
3/08/01
According to a recent piece in the LABJ, Rick Caruso and Jerry Snyder, two of the biggest and most successful developers in the LA area, are facing off in a battle to develop a new $100 mil mixed-use project in downtown Glend...
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• Major Retail Development Approved for Inland Empire
3/05/01
The city of Rancho Cucamonga has edged a bit closer to finally developing a central city area of their own, as their City Council approved plans for a 1.3 msf mixed-use project to be built by Forest City Development Californi...
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• 512k sf Marketplace Will Bring Warm Donuts to Monterey Park
3/02/01
In Monterey Park, it looks like Ezralow Retail Properties' $80 mil 512k sf Monterey Park Marketplace is finally going to happen, as the developer is about to close escrow on its acquisition of the project's 45-acre site, east...
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• Tommy Wears Out in Beverly Hills
3/01/01
Apparently, Tommy has worn out his welcome in Beverly Hills, as Tommy Hilfiger Corp has vacated what is the largest store on the city's pricey Rodeo Drive. According to a piece in the LA Times, the retailer is doing some shop...
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• Retail Briefs
2/28/01
LAKEWOOD Lakewood Marketplace, the 300k sf center at the intersection of South St and Woodruff Ave, south of Downtown LA, is on the market or at least 214k sf of it is. According to a recent edition of Real Estate Alert, ...
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• Europe Comes to Temecula
2/25/01
As if it wasn't tough enough before, it's going to become even more difficult to differentiate Europe from Temecula, as developers hope that a new retail project, called Bel Villagio, will bring shopping with a distinctly Eur...
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• Retail Briefs
2/21/01
ROSEVILLE Newport Beach-based Donahue Schriber, in a partnership with Evergreen Britannia Pacific of Sacramento, has wrapped up construction of the first phase of Creekside Town Center, located at the corner of Hwy 65 and G...
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• Has Anyone Seen The Bridge?
2/20/01
It looks like J.H. Snyder Company has come up with a solution for their cinema woes at The Promenade at Howard Hughes Center, the 250k sf retail/entertainment complex they're building at the Howard Hughes Center in Westcheste...
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• February 13, 2001 - Investor Makes $5.2 Million Office Depot Purchase
2/13/01
In Los Angeles, at 190th Street and Normandie Avenue near the eastern edge of Torrance, Vestar sold a 30k sf big-box retail facility for $5.2 mil ($173/sf). The recently completed building is fully leased to Office Depot, who...
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• February 12, 2001- Giant Retail Sale at TrizecHahn
2/12/01
Two of the biggest retail projects currently under development in the LA area, along with what is arguably the latest and glitziest shopping center in Las Vegas, are all going to be marketed for sale in the next year or so by...
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