Retail
First Washington Realty Lists Ralphs-Anchored, 119,000 SQFT Village Center at Rose in Placentia
First Washington Realty has tapped CBRE to sell Village Center at Rose, a fully owned, Ralphs-anchored neighborhood shopping center in Placentia, betting that...
Kimco Realty Lists Corona Home Depot at Corona Hills Plaza for $29.9MM at 5.35% Cap Rate
Kimco Realty has tapped CBRE to market a corporate-leased Home Depot anchoring the 489,151-square-foot Corona Hills Plaza in Corona, betting that a blue-chip...
Scarce Supply and a Value-Luxury Barbell Power Southern California Retail Into 2026
Southern California’s retail landlords are navigating a market where almost no new space is being built, demand is bifurcating between deep-discount and luxury...
Erewhon Resurrects Vacant 24,900-SQFT Virgil’s Hardware Building as 14th LA-Area Grocery Store in Glendale
Erewhon has converted a long-shuttered 1970s hardware store on North Glendale Avenue into an upscale grocery destination, anchoring a roughly 24,900-square-foot redevelopment that...
Westland Development Lands $85MM Construction Loan for 140-Unit Project at 55 North La Cienega in Beverly Hills
After more than a decade in the entitlement pipeline, Westland Development Group has secured $85 million in construction financing to build what is...
Local Investor Acquires 25,000 SQFT Burlington Building in Sherman Oaks for $11.23MM
A local private investor has acquired a single-tenant retail building leased to Burlington on Ventura Boulevard in Sherman Oaks, betting on credit-tenant income...
City Pushback Stalls $470MM Sale of Downtown LA’s Oceanwide Plaza Graffiti Towers Until July
A bankruptcy court hearing that would clear the $470 million sale of Downtown Los Angeles' unfinished Oceanwide Plaza has been postponed to July...
LA Approves 814-Unit Riverwalk at Studio City on Ventura Boulevard, Clearing Genton-Led Venture to Build 745,000-SQFT Project
A joint venture of Genton Property Group, RC Development and Torino Companies has won city approval for Riverwalk at Studio City, an 814-unit...
Meridian Place, a 32,000 SQFT Downtown San Diego Retail Value-Add, Hits the Market for $10.1MM
A nearly one-third-vacant retail condominium at the base of one of downtown San Diego's premier residential towers has hit the market as a...
Cash-Flowing 22,000 SQFT Crossroads on Vermont Retail-Office Asset Hits Koreatown Market for $10MM
A fully stabilized retail and office property at the corner of Vermont Avenue and 8th Street in Los Angeles' Koreatown has hit the...
Sherman Oaks Burlington Coat Factory Trades for $11.2MM in Single-Tenant Net Lease Deal on Ventura Boulevard
A single-tenant net lease retail property occupied by Burlington Coat Factory on Ventura Boulevard in Sherman Oaks has sold for $11,225,000, underscoring continued...
CMBS Lender Moves to Take Control of Fallas Family’s 88-Unit Metropolitan Building in Downtown Los Angeles After $32MM Default
A judicial foreclosure action filed this month against the Fallas family's landmark Metropolitan building at 449 South Broadway has put one of Downtown...
