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December 3, 2023
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RETAIL NEWS
Archive
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• CB Broker Handles the Sale of Two OC Retail Properties
2/09/01
A couple of retail properties in Orange County recently traded hands, thanks in part to CB Richard Ellis broker Joe Miller, who was involved in the negotiations for both deals. In the first transaction, a private investor acq...
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• Sea Cliff Village Grow!
2/07/01
In Huntington Beach, the third and final phase is underway at Seacliff Village, a $45 mil, 258k sf shopping center being developed by Shea Properties, in partnership with Morgan Stanley Real Estate Fund. Grading has already b...
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• Glendale High-Rise Gets Goodies
2/06/01
High rise goodies are coming to a Glendale high-rise, as Trimana Restaurants, also known as High Rise Goodies Restaurant Group, has inked a 10-year, $600k lease for a 2k sf ($2.50/sf/mo) store at Glendale Plaza, the recently ...
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• Retail Briefs
2/02/01
FREMONT Warm Springs Plaza, a 121k sf shopping center just sold for $26.2 mil ($216.52/sf), according to Real Estate Alert. Albertsons and Longs Drugs are the anchors at the property. The San Francisco office of Grubb & Ell...
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• Big Plans for Former Raytheon Site
1/30/01
There's more retail coming to northern Orange County, as Florida-based Regency Realty Group, one of the country's leading shopping center developers and operators, has acquired the 41.4-acre former Raytheon site, located at t...
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• Retail Briefs
1/24/01
REDONDO BEACH A privately owned firm has acquired a 106.4k sf retail center, at 401-417 Pacific Coast Highway, for $22.4 mil, or roughly $210/sf. Tenants include Whole Foods, Rite Aid, Blockbuster and Radio Shack. Adam Chri...
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• La Curacao Coming to Huntington Park
1/23/01
La Curacao, a Los Angeles-based retailer that caters to Latino consumers has signed a lease for their fourth store. The 15-year, $23.8 mil deal is for a 101k sf (about $1.30/sf/mo) store as co-anchor of the Pacific Center, at...
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• January 22, 2001- Burnham Pacific Unloads Another 19 Properties
1/22/01
Moving a big step closer to disposing of their remaining properties, Burnham Pacific Properties has agreed to sell 19 grocery-anchored retail centers, totaling about 2.5 msf of space, to Weingarten Realty Advisors for $145.5 ...
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• January 15, 2001- Investor Purchases 474k sf Chino Spectrum Marketplace
1/15/01
Des Moines, Iowa-based Principal Capital has sold the Chino Spectrum Marketplace, a 473.6k sf retail center located along Grand Ave by Hwy 71 in Chino. The six-year-old center was 98% leased at the time of sale and includes T...
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• Smooth Signings of Big Retailers Keeps Santana Row Rockin'
1/12/01
Maryland-based Federal Realty Investment Trust must be feeling a little better about their mammoth 680k sf Santana Row mixed-use project as national retailers Crate & Barrel, the home furnishings chain, and St. John Knits, th...
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• Retail Sales Briefs
1/11/01
SAN CLEMENTE H.A. Los Mares LLC purchased the 42.6k sf Los Mares Plaza, located at 641 Camino De Los Mares, east of the Camino Estrella exit off the 5 Fwy, for $9.25 mil ($217/sf). Major tenants at the 100% occupied center ...
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• 500k sf of Retail and No Blackjack Tables
1/08/01
Residents of Las Vegas' Northwest area can look forward to what will be one of the largest shopping centers in Southern Nevada, as developers Bob Schulman and Frank Nielsen have announced plans to develop a 500k sf grocery st...
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• Granada Hills Center Trades Hands for $9.2 Mil
12/29/00
A private investor, looking to utilize a 1031 exchange, has acquired a 39.9k sf shopping center, located at 17020 Chatsworth St, at the intersection of Balboa Blvd in Granada Hills, for $9.2 mil ($230/sf). The property, which...
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• Retail Briefs
12/27/00
CAMARILLO - Newport Beach-based Donahue Schriber has added a second Ventura County property to their portfolio, as they spent $20.9 mil on the 250.4k sf ($83/sf) Camarillo Village Square shopping center, at Los Posas Rd by Ar...
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• Retail Developer May Become Less Diversified in Long Beach
12/22/00
The City of Long Beach, having grown increasingly frustrated by the lack of progress in the development of the $100 mil Queensway Bay retail development, have informed the developer, Ohio-based Developers Diversified Realty C...
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• Retail Briefs
12/21/00
Indio Rich Development Indio LLC, which had recently picked up the 152k sf Indio Plaza, located at the northwest corner of Hwy 111 and Monroe St, has just announced the appointment of CB Richard Ellis' Vincent Battaglia as ...
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• Supermarket Chain Moves Into Abalone Square
12/21/00
Sun Family Trust has purchased a 4.86-acre parcel of land, at the corner of Carson and Abalone Streets in Torrance, for $13.5 mil. The property comes with entitlements to build a 58k sf supermarket, along with a signed 20-yea...
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• Florida REIT Goes Shopping in San Pedro
12/15/00
Regency Realty, a Fort Lauderdale, Florida-based retail REIT, has purchased the 105k sf Garden Village Shopping Center, at the northeast corner of Western Ave and Westmont Drive in San Pedro. Regency paid $5.1 mil, or about $...
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• By the Numbers: One Rodeo, 10.7k SF, $16.8 Million
12/14/00
Forget about all those stories you've been hearing about West LA office buildings going for over $400/sf. Never mind what you heard about Bay Area buildings getting over $500/sf. Retail is where it's at, especially in Beverly...
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• Retail Centers For Sale
12/12/00
Thanks to the good folks at Real Estate Alert, we've got four large retail centers in Southern California on the block to let you know about. Starting in San Diego County, Center Trust has listed their 153k sf North County Pl...
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