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November 5, 2024
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RETAIL NEWS
Archive
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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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• 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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