net lease
Staples Net-Lease Sells for $7.7MM Near Rams Village in Warner Center
A single-tenant Staples store sitting on just over an acre in Warner Center has traded for $7.7 million, with the buyer paying for...
Orange County Retail Rents Break $35 PSF Amid Historically Low Vacancy
A wave of mall demolitions converting retail square footage into housing is tightening competition for the shopping center space that remains, pushing multi-tenant...
Bilak Companies Sells Walgreens-Anchored Atlantic Crossing in Lynwood for $15MM in 20-Day 1031 Deal
A Los Angeles County shopping center anchored by a chain that has spent the past two years closing hundreds of underperforming stores nationwide...
CBRE Investment Management Acquires Cerberus’s Tenet Equity for $1.6B, Doubling Down on Net Lease
CBRE's investment management arm is paying $1.6 billion for a Scottsdale-based net-lease lender that Cerberus built from scratch in four years, adding more...
Evergreen Devco Sells New Super Star Car Wash for $3.4MM in Lake Elsinore 1031 Exchange Deal
A newly built car wash in a fast-growing Inland Empire retail corridor found a buyer before its tenant had even opened for business,...
One HMS Buys 28,000 SQFT Smart & Final-Occupied Retail Building in Highland for $9.5MM
A private investor has paid $9.5 million for a freestanding Smart & Final store on a signalized Highland corner, wagering that a corporate-guaranteed...
Los Angeles Investor Acquires Fully Leased 9,000 SQFT Retail Building for $6.56MM in Temecula
A private Los Angeles investor has completed a $6.56 million 1031 exchange into a fully leased, drive-thru-anchored retail building along one of Temecula's...
45,000 SQFT Single-Tenant LA Fitness in Lake Elsinore Trades for $11.75MM
RealSource Group arranged the $11.75MM sale of a single-tenant LA Fitness in Lake Elsinore at a 6.57% cap rate.
CIM Group Hires Net Lease Veteran Asa Yapa as Managing Director to Expand Single-Tenant Platform
CIM Group has recruited a two-decade net lease specialist from Eastdil Secured to accelerate its push into single-tenant retail and industrial assets, 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...
The Truck Yard Grows Up: How Industrial Outdoor Storage Became Institutional Real Estate’s Hottest Bet
A decade after a favor for a friend in the crane business pulled Alterra Property Group into the fragmented world of truck yards...
31,000 SQFT Sunset Pointe Shopping Center in Stevenson Ranch Lists for $10.9MM at 6.35% Cap Rate
A national-credit-anchored neighborhood retail center in the supply-constrained Santa Clarita Valley submarket of Stevenson Ranch has hit the market at a 6.35 percent...
