shopping center
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...
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...
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,...
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...
Sun Lakes Village, 44,000 SQFT Grocery-Shadow-Anchored Banning Center, Hits Market at $12.65MM and 7.06% Cap Rate
A 93 percent-leased strip center in the shadow of an Albertsons on Banning's dominant retail corridor has come to market with in-place income...
DICK’S House of Sport Lands California Debut in 158,000 SQFT Former Macy’s at San Diego’s The Valley
DICK'S Sporting Goods has committed to a 158,000-square-foot experiential store inside the shuttered Macy's at The Valley, handing owners Lowe and Real Capital...
Walgreens-Anchored 39,000 SQFT Atlantic Crossing in Lynwood Sells for $10.91MM
The fully leased Walgreens-anchored center at Imperial Highway and Atlantic Avenue traded roughly five months after Newmark brought it to market, closing at...
28,000 SQFT Montclair Retail Center Trades for $5.6MM
A Rancho Cucamonga brokerage closed a deal priced well below what comparable Inland Empire shop-space centers have fetched this year, betting that below-market...
Lowe and Henderson Park Acquire 1,031,000 SQFT Westfield Plaza Bonita for $201.5MM in National City
Los Angeles-based Lowe and private equity firm Henderson Park have purchased Westfield Plaza Bonita for $201.5 million and plan to reposition the National...
Macerich Lands Flagship Zara and 142,000 SQFT Dick’s House of Sport at Los Cerritos Center
Macerich is rebuilding Los Cerritos Center around two anchors it says are already lifting traffic and rents, a second flagship Zara due in...
Faris Lee Lists Dollar Tree-Anchored Ironwood Plaza, 56,000 SQFT, for $13.2MM in Moreno Valley
A 1987-vintage neighborhood center anchored by an investment-grade Dollar Tree has hit the Inland Empire market at a price below replacement cost, wagering...
