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FinanceIndustry NewsInland EmpireRetail

461,000 SQFT Chino Spectrum Towne Center Hits the Market in Inland Empire Power Retail Hub

Chino Spectrum Towne Center, a 461,269-square-foot community shopping center located at 3801–4097 Grand Avenue in Chino, has been brought to market by Vestar...

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CommercialFinanceIndustry NewsLos AngelesNews Releases

165,330 SQFT Topanga & Victory Office Building in Woodland Hills Refinanced For $23.95MM

WOODLAND HILLS, Calif. (Sept. 25, 2024) — Northmarq’s Newport Beach Debt + Equity team led by Managing Director David Blum successfully secured the $23.95 million refinancing of Topanga & Victory,...

Primestor Development, Oxnard, Esplanade Shopping Center, Home Depot, Nordstrom Rack, Staples, Dick’s Sporting Goods, TJ Maxx, Walmart Neighborhood Market, Cost Plus World Market, Tilly's, Boot Barn, In 'n Out Burger, BJ's Brewery and Restaurant
FinanceIndustry NewsLos AngelesNews ReleasesRetail

Primestor Development Acquires 357,000 SQFT Esplanade Shopping Center in Oxnard for $90MM

Oxnard, CA —- Primestor Development (Primestor), a leading minority-owned and led real estate development and investment firm based in Los Angeles, has announced...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

NewMark Merrill Companies Pays $27.5MM for 172,000 SQFT Retail Center in Thousand Oaks

(EDITOR’S NOTE: According to industry reports, the property traded for $27.5 million, or about $160 per square foot.) Calabasas, CA. – NewMark Merrill...

FinanceIndustry NewsNews ReleasesRetailSan Diego

URW Sells 1.1MM SQFT Westfield Mission Valley Shopping Center in San Diego for $290MM

(EDITOR’S NOTE: According to a report from REBusinessOnline, the property was sold by Unibail-Rodamco-Westfield for $290 million, or about $263 per square foot.)...

FinanceIndustry NewsLos AngelesRetail

172,000 SQFT Retail Asset Placed up for Sale in Thousand Oaks

By Catherine Sweeney  More retail space is coming to the market in Southern California. According to a marketing brochure from CBRE, an opportunity...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

203,170 SQFT Retail Property in Porter Ranch Secures $35MM Refinancing Loan

LOS ANGELES, CALIFORNIA — Northmarq recently closed on external refinancing for a large retail property in Porter Ranch, California. The $35 million loan...

Industry NewsLos AngelesNews ReleasesOrange CountyRetail

Nordstrom Rack Opens Three New Stores in Southern California

SEATTLE — Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) has announced plans to open three new Nordstrom Rack stores in 2023. The new...

AECCommercialHospitalityIndustry NewsOrange CountyResidentialRetail

Merlone Geier to Redevelop Former Laguna Hills Mall as 2.9MM SQFT Mixed-Use District

By Catherine Sweeney  After recently receiving approval from the City of Laguna Hills, West Coast-based investment company Merlone Geier Partners will redevelop a...

FeaturedIndustry NewsOrange CountyRetail

Report: Orange County Retail Market Sees Increased Leasing Activity, Positive Net Absorption in Third Quarter

By Catherine Sweeney  From the rise of e-commerce to issues in supply chain structures caused as a consequence of the global pandemic, the...

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