Retail
Bankruptcy Court Clears $517MM Sale of Downtown LA’s Oceanwide Plaza to KPC-Lendlease Venture, Triggering Graffiti Cleanup
A federal bankruptcy judge confirmed the plan of liquidation for Downtown Los Angeles' stalled Oceanwide Plaza, handing the graffiti-scarred megaproject to a joint...
Simon Adds 11 Retail and Dining Concepts and Opens 85,000 SQFT Life Time Club at Brea Mall
Simon Property Group is deepening its multimillion-dollar bet on North Orange County, signing 11 new retail and dining tenants at Brea Mall and...
Asana Partners Acquires 63,000 SQFT Crown Valley Center in Laguna Niguel for $20.5MM in First Trade in 57 Years
A grocery-anchored neighborhood center in the heart of South Orange County has changed hands for the first time since it was built in...
Pegasus Structures Permanent Loan With 33% Future-Funding Holdback Around 1031 Exchange in Atascadero
Pegasus Capital Markets arranged a permanent loan that carries a committed future-funding holdback of roughly one-third of the balance and accrues interest only...
Newport 17th Plaza, Fully Leased 29,000 SQFT Costa Mesa Retail Center, Hits Market for $16.6MM at 6.26% Cap Rate
A fully occupied neighborhood retail center anchored to one of coastal Orange County's busiest intersections has hit the market at $16.6 million, testing...
Rite Aid-Tied Owner Lists Fully Entitled 147-Unit Affordable Housing Site at Crenshaw and Olympic in Los Angeles
An entity connected to twice-bankrupt drugstore chain Rite Aid is selling a fully entitled, one-acre development site at the northwest corner of Crenshaw...
Bakersfield Investor Group Buys 85,000 SQFT Lumberjack Square Retail Center for $11.7MM, 22% Below Asking
A local partnership closed on the fully leased Lumberjack Square shopping center in Bakersfield for $11.7 million, roughly $3.4 million under the price...
7 Brew Drives Into San Diego County as Surf 7B Plots Multi-Stand Southern California Rollout
7 Brew, the fast-scaling Arkansas drive-thru coffee brand backed by Blackstone, is entering San Diego County through regional developer Surf 7B, LLC, which...
Allied Commercial Investments Buys 148,000 SQFT Mosaic Retail Portfolio in Downtown Long Beach for $30MM
A Cypress-based private investor has acquired the retail heart of Downtown Long Beach's Mosaic district, betting that below-market rents and a partially vacant...
Verizon Sheds 274 Company Stores to Franchisees, Reshaping Its Wireless Retail Footprint
Verizon's decision to hand 274 company-owned stores to franchise operators marks the second wave of a retail restructuring that is redrawing who controls...
Shomof Group Lists 122-Unit Premiere Towers in Downtown Los Angeles as Ready-Made Condo Sell-Off, Priced Below Replacement Cost
Shomof Group has put Premiere Towers, the 122-unit mixed-use tower it has held on Spring Street since the early 1990s, on the market...
Southern California Retail Dollar Volume Jumps 61.8% to $3.52B in H1 2026 Even as Square Footage Traded Falls 27.7%
Buyers and sellers of Southern California retail property have finally found each other on price, and the result is a first half in...
