Retail
ASBP Acquires 67,000 SQFT Kendall Plaza in San Bernardino for $16.75MM in Off-Market Deal
An entity called ASBP LLC paid $16.75 million for Kendall Plaza, an unanchored, roughly 66,700-square-foot retail center on 13.58 acres beside Interstate 215...
Condo Developer Buys 19,000 SQFT Koreatown Site Entitled for 210 Micro-Units From 730 Vermont Venture for $3.88MM
A private investor with a condominium track record paid $3.88 million for a fully entitled, already excavated Koreatown parcel at 730 S. Vermont...
Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts
Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...
Federal Realty’s Q3 Playbook: Sell Coastal Retail in the Mid-5s, Buy Dominant Centers Inland
Federal Realty Investment Trust beat estimates and raised guidance in the third quarter, but the more telling signal is a capital-recycling strategy that...
Red Mountain Group Lists EōS-Anchored 46,000 SQFT Santa Margarita Marketplace Building for $23.96MM, 14 Months After $9.4MM Buy
Santa Ana-based Red Mountain Group has put its fully leased, four-tenant building inside Rancho Santa Margarita's Santa Margarita Marketplace up for sale at...
Fashion Island Jumps 14.2% as Orange County’s Top 14 Shopping Centers Ring Up $8B in Taxable Sales
Orange County's 14 largest shopping centers rang up roughly $8 billion in taxable sales over the past year, a 4 percent gain driven...
Westchester Small-Format Target Near LAX Hits Market for $18.7MM at 5% Cap in 25,000 SQFT Net Lease Offering
A 25,400-square-foot small-format Target on S. Sepulveda Boulevard in Los Angeles' Westchester neighborhood is on the market for $18.72 million, a 5 percent...
Costco’s Twin Kimco Buyouts Lead Retailers’ Push to Own Their Stores Across Southern California
Costco Wholesale's back-to-back purchases from Kimco Realty in Alhambra and San Diego show a retailer moving to own the ground under its busiest...
Macerich Cuts Q3 Loss to $16.7MM as $463.4MM Los Cerritos Loan Becomes Its Next Southern California Test
Macerich narrowed its third-quarter loss to $16.7 million on asset-sale gains and rising mall income, while its shrinking Southern California footprint, now led...
Macerich Filing Shows Pacific Retail, Conversant Paid $69.7MM for 884,000 SQFT Pacific View Mall in Ventura by Assuming Its Loan
A Macerich securities filing shows the Pacific Retail Capital Partners and Conversant Capital venture paid $69.7 million for Ventura's Pacific View Mall, the...
Dollinger Properties Pays $37MM for 97,000 SQFT Burlington, 24 Hour Fitness Block at Lakewood Center, 27% Below Ask
Redwood City-based Dollinger Properties has bought the Burlington, 24 Hour Fitness and Bank of America block at Lakewood Center from the Pacific Retail...
Simon Shrinks Fashion Valley JCPenney Redevelopment to 410 Units, Pairs It With 244,000 SQFT of Open-Air Retail in San Diego
Simon Property Group has brought a smaller, retail-heavier plan for the JCPenney end of Fashion Valley back to Mission Valley's planning group, proposing...
