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• Mission Viejo Shopping Center Goes For $28 Mil
6/25/01
In one of the larger Orange County retail acquisitions so far this year, LA-based Kam Sung Co paid $28 mil for the 221.2k sf ($127/sf) Kaleidoscope shopping center, located on Crown Valley Pkwy along the north side of the 5 F...
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• Costa Mesa Shopping Center About to Undergo Major Upscale Make-Over
6/21/01
Irvine-based Wohl Investment Company will begin an extensive rehabilitation of the 60k sf Hillgren Square shopping center, located along an entire city block on 17th Street, between Santa Ana and Westminster Aves in Costa Mes...
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• Retail Investment Report - SoCal Still Healthy
6/19/01
By Jodi Meade, SCSM, CCIM
OVERVIEW
The Los Angeles Country retail investment market has experienced a slowdown in the number of sale transactions that have occurred over the last few years. There was a decline in the number...
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• Don't Bother Me
6/18/01
One of SoCal's favorite fast food locales, Carl's Jr, will be adding an outlet in Temecula, as the chain signed a 20-year, $2.4 mil lease for a 3k sf ($3.33/sf/mo) restaurant pad in the Marketplace at Vail Ranch Shopping Cent...
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• Attention Kmart Shoppers!
6/14/01
In separate transactions, private investors have recently purchased two Northern California Kmart buildings, both of which are 86.5k sf in size and sit on 7.5-acre land parcels. The properties were built in 1990 and then leas...
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• Retail Briefs
6/12/01
LAGUNA NIGUEL (Orange County) – NY-based retailer Loehman's has signed a 10-year deal for a 26.2k sf store in The Center at Rancho Niguel, located at Crown Valley Pkwy and Greenfield Dr. Loehman's will be relocating an existi...
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• Goldman Finds Gold in Mid-Wilshire Retail
6/08/01
Goldman Retail has picked up a 15k sf retail building on the southeast corner of Wilshire & Alvarado, in LA's Mid-Wilshire area. The building was sold for about $2 mil ($133/sf) by Rite-Aid, who will be vacating the property ...
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• Private Investors Pick Up a Big Chunk of Murrieta Center
6/07/01
Here's news of a good-sized shopping center sale just inside the western part of Riverside County, as Passco Real Estate Services purchased a major portion of the 127k sf Sierra Vista Plaza, located at 25030 Hancock Ave in Mu...
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• Shopping Center Central
6/06/01
Shopping is still big business and nowhere is that more prevalent than in California, where many of the country's biggest retail owners and developers are busy building and renovating shopping centers, in an effort to woo the...
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• Retail is Working Out for Gold's Gym in San Diego
6/01/01
Here are a few retail transactions from the state's southernmost county. Our first deal is in the Logan Heights section of town, just southeast of downtown, where private investors by the names of Andrew and Maureen Ayyad pur...
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• Big Garden Party in Anaheim
5/31/01
Excel Legacy Corporation's giant, $500 mil entertainment development at the northeast corner of Katella Ave and Harbor Blvd in Anaheim has been renamed even before Phase I has broken ground. The 29-acre project, which was to ...
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• 24 Hour Fitness Muscles Up With $7.5 Mil Lease
5/29/01
Retail activity in Rancho Cucamonga is really shaping up, thanks in part to a recent $7.5 mil, 20-year lease signed by 24 Hour Fitness-Sport. The health club chain has taken 42k sf ($0.75/sf/mo) of space, as part of its large...
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• Retail News From San Diego
5/22/01
We've got a few store leases to tell you about in San Diego County, but, we'll open with a recent sale, as a Northern California family trust has acquired a 14.2k sf retail store at 865 East H St, in the Rancho Del Rey sectio...
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• Retail Briefs
5/16/01
LAS VEGAS (Clark County) – The CB Richard Ellis duo of Bill Dunbar and George Okinaka signed two more tenants to Centennial Centre, located at the southwest corner of I-95 and I-215 Hwys. Lane Bryant took 5.7k sf of space, wh...
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• Sea Breeze Developing in Oceanside
5/14/01
Sea Breeze Properties has purchased 25 acres in Oceanside, in the southwest quadrant of Hwy 76 and Old Grove Rd, for the construction of a 261.5k sf retail development called Old Grove Marketplace. Although we don't have an a...
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• Hollywood Euphoria Leads to Musitopia
5/11/01
In case anyone thought the excitement over the redevelopment of Hollywood was beginning to wane in this time of economic uncertainty, here's news of a venture that's sure to dispel that notion. According to a recent piece in ...
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• Retail Briefs
5/08/01
SANTA MONICA (Los Angeles County) – For those of you wondering what rents go for on the streets adjacent to Santa Monica's super successful Third Street Promenade area, here's a recent deal that can answer that question. M&R ...
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• Retail Briefs
5/05/01
LAS VEGAS (Clark County) – There's been a lot of recent activity at SunMark Plaza, a retail center in Henderson, located at the Northwest corner of Sunset Rd and Marks St, as they signed a bunch of new tenants. The five lease...
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• Rent Me Amadeus
5/04/01
Amadeus Spa, a Pasadena-based national full-service spa and salon company, has inked deals for two new locations in the LA area. The first deal was for a 6.2k sf spa at TrizecHahn's Paseo Colorado, at the intersection of Los ...
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• ICSC's Giant Spring Convention is Almost Here
5/01/01
We're only about three weeks away from one of the biggest and most anticipated commercial real estate conventions of the year. We're talking about ICSC's (the International Council of Shopping Centers) Annual Spring Conventio...
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