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• This Silicon Valley Asset Still Has Value
4/02/02
We have a correction from our initial report a few days ago that mistakenly said Westfield sold this mall. We've been told the seller of the Westgate West Shopping Center was Foster Group Partnership and they got roughly $36 ...
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• Who's Gonna Take a Hack at The Massive Oak
4/01/02
In a move that is in line with TrizecHahn's stated strategy of getting out of it's retail holdings, we saw in the Real Estate Alert last week that the owners of the 1.1msf Oaks Shopping Center in Thousand Oaks, namely TrizecH...
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• Goodyear Goodbye in Santa Monica
3/29/02
Earlier this week we got the press release announcing that the former Goodyear store at 12th and Wilshire in Santa Monica was sold and will be reconbobulated into a mixed-use retail and residential project, with about 7.5k sf...
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• Jones Lang LaSalle Goes Shopping in San Mateo County
3/28/02
In a new leasing and management contract that is sure to make any company proud, Jones Lang LaSalle, the international real estate services firm, announced that they were awarded the leasing and management for Serramonte Shop...
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• Retail Opportunities in Orange County
3/26/02
For any investors out there looking around for some retail offerings in Orange County, here are a handful of current listings that we've picked up, three of which were recently mentioned by Real Estate Alert. In the first of...
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• Passco Doesn't Pass Up 300k sf Lancaster Power Center
3/25/02
We've got a trio of sizable retail acquisitions in the Southland to report, starting in Mission Viejo, where Birtcher Properties, the Laguna Niguel-based investment group, has purchased Market on the Lake, a 98.2k sf grocery-...
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• Retail Briefs
3/22/02
CHULA VISTA (San Diego County) – Party Land inked a five-year, $652.5k lease for a 7.1k sf ($1.53/sf/mo) store at 1020 Tierra Del Rey, north of East H St. Kathryn Farr of C.W. Clark represented both the tenant and the landlor...
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• DDR Shops at Burnham
3/19/02
Developers Diversified Realty (DDR), the Cleveland-based national retail REIT, picked up a pair of shopping centers from Burnham Pacific Properties, the San Diego REIT currently in the process of liquidation. DDR paid $65 mil...
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• Investor Group Makes a Point About Acquiring Mixed-Use Complex in East San Diego
3/18/02
In the Rolando section of San Diego, a California limited liability company acquired Campus Point, a mixed-use complex that contains a 27.6k sf Office Depot and a 15.3k sf Sav-On Drugs, along with a 90k sf underground self-st...
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• The Grove Gives Visitors 575,000 More Reasons to Meet at Third and Fairfax
3/16/02
Los Angeles' newest major retail center opens to the public today, as Santa Monica-based Caruso Affiliated Holdings unveils The Grove at Farmers Market, a 575k sf entertainment/retail complex located adjacent to the historic ...
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• New Tenants Light up Chesterfield Square
3/15/02
In South Central L.A., recent tenant signings at Chesterfield Square, a new 230k sf community shopping center being developed by Katell Properties, in partnership with Capital Vision Equities, has brought the project to almos...
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• Downtown San Diego Landlord is Sure to Have a Nice Day
3/14/02
Retailers continue to lease new spaces in San Diego County, as we've got a handful of recent representative transactions to review. And oh thank heaven, we've got a deal from 7-Eleven, as the big convenience food chain inked ...
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• Santa Clara Retail Property Fetches Over $17 Mil
3/12/02
A Dallas-based investment group purchased Mariposa Shopping Center, a 126.6k sf retail center at the southeast corner of Homestead Rd and Kiely Blvd in the city of Santa Clara. The buyer, Crow Holdorp, paid $17.38 mil ($137/s...
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• Wrigley Doubles Their Pleasure in Sale of Long Beach Center
3/11/02
Here's more info one of our retail briefs from the other day, as CTAWrigley LLC, a joint venture partnership between CT Realty Corp and Avalon Realty Advisors, has sold a large chunk of Wrigley Market Place, a 130k sf retail ...
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• SoCal Retail Sales Briefs
3/06/02
HOLLYWOOD (Los Angeles County) -- The Owen Family Trust purchased a 12.5k sf retail center, at 5110 Sunset Blvd, for around $3 mil ($240/sf). Located at Normandie Ave, the property is anchored by an AutoZone store. The seller...
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• March 5, 2002 - Corporate Retail News Notes
3/04/02
Pan Pacific Retail Properties, the Vista-based REIT headed by Stuart Tanz, reported strong growth in fourth quarter and full year numbers. Keep in mind that they did do a lot of acquiring last year, in terms of properties and...
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• Power Center Developer Targets Corona
2/28/02
Here's an update on a couple of good-sized retail projects from the Inland Empire, one of which was sold, while the other is still in the planning stages. We'll start in Corona, where Bakersfield-based Castle & Cooke is looki...
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• Colorado Investor gets a Faire Deal on Carlsbad Shopping Center
2/27/02
Regency Centers, the NYSE-listed retail developer and owner, has opened a new center in San Marcos. Called Campus Marketplace, the 148.3k sf retail center is located on South Twin Oaks Dr, by Twin Oaks Valley Rd, and is about...
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• San Diego Retail Review
2/22/02
We'll lead off this San Diego retail deal review with the sale of Mission Creek Shopping Center, a 17.5k sf property at 9470 and 9490 Cuyamaca St, between Mast Blvd and Mission Gorge Rd in Santee. The center, which is anchore...
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• Expanded Santee Village Anchored by New 55k sf Grocery Store
2/20/02
Tustin–based DMK Inc recently completed construction on a new $3 mil Vons grocery store, which is part of the Santee Village Square shopping center on Mission Gorge Rd in Santee (we thought Santee Village was that X-Mas-theme...
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