Retail
Greystar Sells 115-Unit Access Culver City Mixed-Use Asset for $106MM in Record Culver City Multifamily Trade
Greystar has closed the sale of Access Culver City, a 115-unit grocery-anchored mixed-use property on Washington Boulevard, for $106 million in what Newmark...
AllianceBernstein Markets 229,000 SQFT DTLA Fashion District Office Portfolio for Owner-User or Adaptive Reuse Play
Two fully vacant creative office and retail buildings in the heart of Downtown Los Angeles' Fashion District, including the former Dearden's department store...
West Marine to Shutter Five California Stores in Chapter 11 Restructuring, Cutting Home-State Footprint to 12
West Marine, the boating-supply retailer born in California nearly six decades ago, will close five of its 17 stores in the state as...
Apple Shutters Escondido Store at 1.3MM-SQFT North County Mall, Dealing Fresh Blow to Owners’ Turnaround Bid
Apple's June 20 exit from the Escondido shopping center now branded Mershops North County strips one of the property's marquee tenants at the...
Rosemead Place Retail Center Secures $46MM Cash-Out Refinance on 337,000 SQFT Asset
The Target-anchored Rosemead Place has been recapitalized with a $46 million permanent loan, pulling fresh equity out of one of the San Gabriel...
Harridge Development Group Secures $135MM Schroders Loan for Baldwin Hills Crenshaw Plaza in Los Angeles
Harridge Development Group has secured a $135 million loan from Schroders for Baldwin Hills Crenshaw Plaza, the 870,000-square-foot Los Angeles retail property the...
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...
Calabasas Investor Lands 43,000 SQFT Malibu Canyon Plaza for $12.7MM as Seller Fields 10-Plus Offers
A private Calabasas investor has acquired the 42,546-square-foot Malibu Canyon Plaza, a partially vacant two-story retail and office center, for $12.7 million after...
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...
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...
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...
