Retail

1619 Articles

Newport 17th Plaza, Fully Leased 29,000 SQFT Costa Mesa Retail Center, Hits Market for $16.6MM at 6.26% Cap Rate

A fully occupied neighborhood retail center anchored to one of coastal Orange County's busiest intersections has hit the market at $16.6 million, testing...

Rite Aid-Tied Owner Lists Fully Entitled 147-Unit Affordable Housing Site at Crenshaw and Olympic in Los Angeles

An entity connected to twice-bankrupt drugstore chain Rite Aid is selling a fully entitled, one-acre development site at the northwest corner of Crenshaw...

Bakersfield Investor Group Buys 85,000 SQFT Lumberjack Square Retail Center for $11.7MM, 22% Below Asking

A local partnership closed on the fully leased Lumberjack Square shopping center in Bakersfield for $11.7 million, roughly $3.4 million under the price...

7 Brew Drives Into San Diego County as Surf 7B Plots Multi-Stand Southern California Rollout

7 Brew, the fast-scaling Arkansas drive-thru coffee brand backed by Blackstone, is entering San Diego County through regional developer Surf 7B, LLC, which...

Allied Commercial Investments Buys 148,000 SQFT Mosaic Retail Portfolio in Downtown Long Beach for $30MM

A Cypress-based private investor has acquired the retail heart of Downtown Long Beach's Mosaic district, betting that below-market rents and a partially vacant...

Verizon Sheds 274 Company Stores to Franchisees, Reshaping Its Wireless Retail Footprint

Verizon's decision to hand 274 company-owned stores to franchise operators marks the second wave of a retail restructuring that is redrawing who controls...

Shomof Group Lists 122-Unit Premiere Towers in Downtown Los Angeles as Ready-Made Condo Sell-Off, Priced Below Replacement Cost

Shomof Group has put Premiere Towers, the 122-unit mixed-use tower it has held on Spring Street since the early 1990s, on the market...

Southern California Retail Dollar Volume Jumps 61.8% to $3.52B in H1 2026 Even as Square Footage Traded Falls 27.7%

Buyers and sellers of Southern California retail property have finally found each other on price, and the result is a first half in...

Former Pacific Beach IHOP on 22,000 SQFT Coastal Parcel Sells for $8MM, Clearing Way for Multifamily Redevelopment

A private buyer has paid $8 million for the shuttered IHOP one block from the sand in Pacific Beach and intends to demolish...

IKEA Opens South Bay Doors July 22 with Grand Opening Celebration at San Diego’s Southland Plaza

IKEA will cut the ribbon on its South Bay plan and order point at Southland Plaza Shopping Center on July 22 with a...

Landes Group Affiliate Buys Studio City Bank of America Building for $12.72MM, 26% Below Its 2014 Price

A Dallas-based net-lease investor has acquired the long-standing Bank of America branch at 12223 Ventura Boulevard in Studio City for $12.72 million, closing...

Port of San Diego Opens Public Review on 27-Acre Topgolf and Waterfront Park at East Harbor Island

The Port of San Diego has released a Draft Environmental Impact Report for a proposed redevelopment of East Harbor Island that pairs a...