Retail
Westchester Small-Format Target Near LAX Hits Market for $18.7MM at 5% Cap in 25,000 SQFT Net Lease Offering
A 25,400-square-foot small-format Target on S. Sepulveda Boulevard in Los Angeles' Westchester neighborhood is on the market for $18.72 million, a 5 percent...
Costco’s Twin Kimco Buyouts Lead Retailers’ Push to Own Their Stores Across Southern California
Costco Wholesale's back-to-back purchases from Kimco Realty in Alhambra and San Diego show a retailer moving to own the ground under its busiest...
Hyatt Regency Newport Beach Landowner Files 175-Unit Newporter Villas Plan for Hotel Parking Lot
JGKallins Investments Newport, the entity tied to the owner of the 24-acre land beneath the Hyatt Regency Newport Beach, has filed a preliminary...
Macerich Cuts Q3 Loss to $16.7MM as $463.4MM Los Cerritos Loan Becomes Its Next Southern California Test
Macerich narrowed its third-quarter loss to $16.7 million on asset-sale gains and rising mall income, while its shrinking Southern California footprint, now led...
Macerich Filing Shows Pacific Retail, Conversant Paid $69.7MM for 884,000 SQFT Pacific View Mall in Ventura by Assuming Its Loan
A Macerich securities filing shows the Pacific Retail Capital Partners and Conversant Capital venture paid $69.7 million for Ventura's Pacific View Mall, the...
Dollinger Properties Pays $37MM for 97,000 SQFT Burlington, 24 Hour Fitness Block at Lakewood Center, 27% Below Ask
Redwood City-based Dollinger Properties has bought the Burlington, 24 Hour Fitness and Bank of America block at Lakewood Center from the Pacific Retail...
Simon Shrinks Fashion Valley JCPenney Redevelopment to 410 Units, Pairs It With 244,000 SQFT of Open-Air Retail in San Diego
Simon Property Group has brought a smaller, retail-heavier plan for the JCPenney end of Fashion Valley back to Mission Valley's planning group, proposing...
Eastvale Gateway South Retail Portfolio Sells for $18.3MM at 5.18% Cap Rate in Piecemeal Sale
The owner of five retail properties at the Eastvale Gateway shopping hub sold them one at a time to separate buyers for a...
Cain, Eldridge Pull One Beverly Hills Ahead of Schedule as Project Debt Passes $3B and Retail Reaches 25% Leased
Cain and Eldridge Industries say two pieces of their 17.5-acre One Beverly Hills development are running weeks ahead of plan, even as the...
Arkadian Marina Ventures Buys 99,000 SQFT Peter’s Landing in Huntington Beach from Pendulum for $47MM
Santa Ana-based Arkadian Marina Ventures LLC has paid $47 million for Peter's Landing, the 98,500-square-foot waterfront retail and office center in Huntington Harbour,...
Bankrupt Plaza Continental Group Puts 15-Acre, 115,000 SQFT Ontario Restaurant Row Up for Bids
Plaza Continental Group, which filed for Chapter 11 protection in March, is selling a 15-acre string of office and restaurant buildings along Interstate...
Nuveen Real Estate Acquires Simi Valley’s Santa Susana Plaza in $445.5MM, 1,890,000 SQFT Western Retail Portfolio
Simi Valley's Santa Susana Plaza is the lone Southern California asset in a $445.5 million, 13-property open-air retail portfolio that Nuveen Real Estate...
