shopping center
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...
24,000 SQFT Hacienda Village Retail Center Sells for $13MM in Hacienda Heights
A Los Angeles-based private investor has acquired Hacienda Village, a fully leased 23,645-square-foot shopping center in Hacienda Heights, for $13 million, wagering on...
173,000 SQFT Grocery-Anchored Costa Mesa Courtyards Hits the Market in Costa Mesa
A 173,253-square-foot grocery-anchored shopping center at one of Orange County's busiest freeway gateways has been brought to market fully stabilized, testing investor appetite...
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...
Bass Pro Shops Lands 148,000 SQFT Anchor Lease at Federal Realty’s Grossmont Center in La Mesa
Bass Pro Shops has committed to a 148,000-square-foot destination store at Grossmont Center in La Mesa, backfilling a shuttered Macy's box and giving...
