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May 27, 2024
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RETAIL HEADLINES
BH Properties Picks Up 335k sf Seattle Shopping Center
5/21/24
Pacific Place was just 45% occupied at time of purchase

SoCal Single-Tenant Property Occupied by Popeye’s Goes for Nearly $1,000/sf
5/16/24
2.6k sf asset is located in the city of Bell



CA Investor Spends $4.2 Mil on Chick-fil-A Ground Lease in Arizona
5/13/24
Acquisition is of a newly developed 4.5k sf store in Queen Creek

Millburn & Company Pays $243k/Unit for Newly Constructed AZ Res Community
5/10/24
258-unit Parc Tolleson goes for $62.75 mil

Opportunities Arise Amidst Challenges in L.A. County’s Retail Market
5/10/24
1st Quarter 2024 Outlook from NAI Capital Commercial discusses the region’s changing retail landscape

Local Investors Trade 7-Eleven-Anchored Strip Center in $3.5 Mil Deal
5/08/24
Fully leased 6.3k sf asset goes for over $500/sf

Goodwill Industries of Orange County Leases 15k sf Space in Fountain Valley
5/07/24
Warner Marketplace lease marks their 25th location in the County

Albanese Cormier Buys 162k sf Retail Center in Rancho Mirage
5/07/24
Rancho Las Palmas anchored by Amazon Fresh, CVS and Hobby lobby

Shopping Center in Salt Lake City Metro Area Trades Hands
5/07/24
Deal is for 48k sf at Canyon Center in Sandy

Retail Property in San Francisco Trades in $9.3 Mil Deal
5/06/24
Pacific Capital buys 30k sf asset anchored by Walgreens

Colorado Retail Property Gets Traded in $7.7 Mil Transaction
5/02/24
30k sf Southgate Shopping Center in Centennial goes for $258/sf

Partners Capital and CNR Retail to Convert Older Vegas-Area Office Complex into a Lifestyle Retail Center
4/17/24
$30 mil redevelopment project has been named The Cliff

Whole Foods Leases New AZ Store Location
5/01/24
Grocer takes 35k sf of space at Downtown East Shopping Center in Scottsdale

Corona Retail Asset Sells in $7.8 Mil Deal
4/17/24
20k sf Main Street Village Center purchased by Pacific Petroleum

BridgeCore Capital Introduces New Bridge Loan Program for Vacant 99 Cents Only Stores
4/17/24
Loans expected to range between $500k and $3 mil

Regional Center in the L.A Area Trades in $66 Mil Deal
4/16/24
TRC Retail pays $574/sf for 115k sf La Canada Flintridge Town Center

AZ Retail Center Gets New Owner in $5.5 Mil Transaction
4/25/24
20k sf Avenue at Olive Park in Glendale goes for $268/sf

La Mesa Store Property Sells for $450/sf
4/19/24
14k sf building is the former location of a Lamps Plus store

Namoo Korean BBQ Leases Retail Space on L.A.’s Westside
4/18/24
Restaurant takes 5k sf at Marina Marketplace

AZ Shopping Center Fetches $319/sf
4/11/24
Whitestone REIT pays over $22 mil for 69k sf Scottsdale Commons

Yohar Renaud and Kyle Herting Join CBRE
4/10/24
They both will specialize in retail leasing as vice presidents

Private Investors Trade Desert Hot Springs Retail Property in $6 Mil Transaction
4/03/24
33k sf multi-tenant asset is part of Hacienda Palms shopping center

 
 


 
 
 





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