Redevelopment
Avant Real Estate Buys Former Kmart-Anchored 121,000 SQFT Santa Clarita Center for $27.5MM
Nearly nine years after Kmart closed its Valencia store, a Glendale investor has bought the 80 percent occupied, 120,559-square-foot center for $27.5 million,...
45,700 SQFT Former Best Buy Site Near Village at Orange Mall Trades for $24.3MM
A vacant big-box building next to one of Orange County's aging enclosed malls just sold for more than $500 per square foot —...
Olson Company Buys 120,000 SQFT Monterey Park Office Campus for $24.85MM, Plans Residential Redevelopment
Homebuilder The Olson Company has paid $24.85 million for a two-building office campus in Monterey Park once occupied by Blue Shield of California,...
27,220 SQFT Mixed-Use Property with Approved 134-Unit Redevelopment Plan Hits Market on Pasadena’s South Lake Avenue
A two-story retail and office building on Pasadena's South Lake Avenue has come to market carrying an unusual asset for buyers weighing the...
Private Investor Pays $11MM for Former Farmers & Merchants Bank Site in Garden Grove
The 2.23-acre mixed-use-zoned parcel traded at more than $1,125 per square foot, among the highest in the submarket, as residential redevelopment potential drove...
$3B, 42-Acre Related Bristol Development Gets Santa Ana Council Approval
By Rhiannon Saegert A $3 billion redevelopment of 42 acres of Santa Ana that will include apartments, retail, dining and lodging along Bristol...
Raintree Partners Secures 99-Year Ground Lease in San Diego for Office to Multifamily Redevelopment
SAN DIEGO, Calif. – October 8, 2024 – Cushman & Wakefield announced the firm has brokered a 99-year ground lease for a ±1.06-acre commercial...
