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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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Monterey Park Developers Hope Superfund Leads to Super Shopping 12/11/00 Another large southland retail center is on the way, as Ezralow Retail Properties broke ground on their 507k sf Monterey Park Market Place last week, about nine miles east of Downtown Los Angeles. The project, to be built on ...
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At $700/sf/yr, You're Definitely Paying Retail 12/08/00 Yeah, we know we don't really get out of California too much, but we thought this recent data from Cushman & Wakefield was kinda interesting. According to C&W's Main Streets Across the World 2000 report, New York is the world...
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Long Beach Becoming A City Place 12/08/00 Developers Diversified Realty Corp, out of Beachwood, Ohio, is in the process of demolishing the former Long Beach Plaza, and local officials in the South Bay city couldn't be happier. That's because the developers can then ...
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Retail Briefs 12/07/00 SAN DIEGO - House of Blues, the big live music venue operators, has inked a deal for a new club in San Diego, as they took 25k sf at the former Woolworth building, located on 5th St, between Broadway and ‘C' Streets in downto...
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New Retail For an Old Center 11/29/00 It looks like Westwood residents finally have an idea who their new retail neighbors will be at the former Macy's department store, located at 10861 Weyburn Ave, at the north end of Westwood Village. The current owner is Cinc...
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Retail Investment Opportunity in Hot North San Diego County 11/28/00 If you're looking for a hot retail investment opportunity in San Diego's booming North County region, National Bancorp has just the property for you. They're marketing the 135.6k sf Pavilion Shopping Center, located at 1900 ...
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The Retail Game is On! 11/21/00 The Retail Game, the highly regarded annual industry conference started by Steve Soboroff and Jim Rosenfield, is a must-attend event for LA's retail pros. Sponsored by ICSC, this year's huge gathering will be on December 7 a...
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Retail Briefs 11/15/00 We'll lead off this latest retail deal update with a few sales in Orange County. In Brea, at the northern end of the county, Yacoel spent $3.1 mil on an 8.6k sf property at 215 Birch St, which works out to a hefty $359/sf. Jo...
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Big West LA Center on the Block 11/10/00 Macerich Company, owner of 48 malls and 5 community centers in 20 states, has just retained Eastdil Realty to market the 459k sf Villa Marina Marketplace. The project is located at 13450 Maxella Ave in Marina Del Rey, near th...
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NewMark Merrill Making Its Mark on Las Vegas Retail 11/09/00 Tarzana Developer NewMark Merrill Companies has been busy adding more shopping choices for residents in the rapidly expanding Las Vegas marketplace. The company is in the process of building their 102.5k sf West Town Promenad...
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Retail Briefs 11/07/00 We've been getting a lot of requests for more focused retail coverage, so RENTV has added our new Retail Page and this, our new Retail Briefs column, which gives you a rundown of recent retail sale and lease transactions thro...
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CT Sees Redevelopment Opportunity in San Marcos Outlet Center 11/04/00 CT Realty Company has bought a 106k sf showroom/office property, located at 1050 Los Vallecitos Blvd in San Marcos, for $4.67 mil ($44.06/sf). The property, which is visible from Highway 78, was formerly known as the North C...
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