Retail
Laguna Beach Trades 48 Parking Spaces for Permanent $7.3MM Car-Free Promenade on Forest
Laguna Beach has finished converting the block of Lower Forest Avenue nearest Main Beach into a permanent car-free plaza, a roughly $7.3 million...
Private Investors Pay $8.63MM for Two New Quick Quack Car Wash Ground Leases Totaling 7,000 SQFT in Murrieta and Riverside
A South Korea-based investor and a Los Angeles-based buyer paid a combined $8.63 million for two newly built Quick Quack Car Wash properties...
Sterling Organization Adds Albertsons-Anchored 70,000 SQFT Pavilions Marketplace in West Hollywood to Value-Add Fund
Florida-based Sterling Organization has bought Pavilions Marketplace, an 89 percent-leased, Albertsons-anchored shopping center at Santa Monica and North Robertson boulevards in West Hollywood,...
Fully Leased Chino Promenade Hits Market at $15.5MM, 19% Above Assessed Value for 65,000 SQFT Center
A 100 percent occupied, 64,538-square-foot neighborhood center off State Route 60 in Chino is being marketed at $15.5 million, or roughly $240 per...
Westwood Financial Buys 95,000 SQFT Ralphs-Anchored Peninsula Marketplace From Blackstone in Huntington Beach for $56.2MM
Los Angeles-based Westwood Financial has taken control of Peninsula Marketplace, a 99 percent leased, Ralphs-anchored neighborhood center at 19081 Goldenwest Street in Huntington...
Curbline Properties Pays $46MM for 42,000 SQFT Candlewood Shops Pad Portfolio at Lakewood Center
Curbline Properties has picked up Candlewood Shops, a 42,380-square-foot cluster of national restaurant and service pads beside Lakewood Center, from Pacific Retail Capital...
IZOLA Bakery Lands Second San Diego Location at Longfellow’s Biovista Life Science Campus
IZOLA, the East Village bakery that launched in 2020 by lowering croissants from a third-story window, will open its second bakeshop later this...
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,...
Sunroad Enterprises Sells Fully Leased 24,000 SQFT Sunroad Plaza in Vista to All-Cash Institutional Buyer
Sunroad Enterprises has sold Sunroad Plaza, a fully leased 23,540-square-foot drive-thru retail center at 485 Hacienda Drive in Vista, to an all-cash institutional...
California Gold Development Buys Sprouts-Anchored 44,000 SQFT Victorville Retail Building for $9.3MM
Five bidders competed for a Sprouts-anchored building in Village Center next to Interstate 15, and the Sonora-based buyer won at $9.3 million, about...
Glendale Church Campus Eyed for 323-Unit, Six-Story Mixed-Use Complex on East Colorado Street
A six-story, 323-unit apartment and retail project would replace the United Community Church campus on East Colorado Street, adding to a downtown Glendale...
Pomona-Based Entity Buys 84,000 SQFT Santa Clarita Retail Center for $27.5MM
The 1973-built, furniture-anchored center on Valencia Boulevard traded for roughly $327 per square foot, landing just below the county's average retail sale price...
