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For sale sign
FinanceIndustry NewsLos AngelesRetail

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,...

Carson, Los Angeles, Kidder Mathews, Starbucks, Quick Quack Car Wash, Los Angeles County
FinanceIndustry NewsLos AngelesRetail

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...

exterior of modern warehouse
FinanceIndustrialIndustry NewsLos Angeles

Institutional Investor Acquires 179,000 SQFT San Dimas Commerce Center for $41MM

An unnamed national institutional investor has purchased San Dimas Commerce Center, a fully parceled 19-building light industrial park in the San Gabriel Valley,...

Trucks by warehouse
FinanceIndustrialIndustry NewsOrange County

Freestanding 69,000 SQFT Anaheim Warehouse Lists for $21.7MM as Orange County Industrial Steadies

A single-tenant industrial building in Anaheim's Canyon submarket has hit the market priced at roughly $315 per square foot, testing buyer appetite as...

For sale sign
CommercialFinanceIndustry NewsLos AngelesRetail

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...

markus-spiske-jddw6iA31sE-unsplash-coats
FinanceIndustry NewsLos AngelesNews ReleasesRetail

Sherman Oaks Burlington Coat Factory Trades for $11.2MM in Single-Tenant Net Lease Deal on Ventura Boulevard

A single-tenant net lease retail property occupied by Burlington Coat Factory on Ventura Boulevard in Sherman Oaks has sold for $11,225,000, underscoring continued...

Aerial view of Carlsbad
CommercialFinanceIndustry NewsSan Diego

Private Investor Lists 34,000 SQFT Carlsbad Office Leased to Imperative Logistics’ TrumpCard for $17.3MM

A private investor has put a freestanding, recently renovated office building in Carlsbad's Palomar Airport corridor on the market for $17.3 million, betting...

Chipotle app on a phone
AECFinanceLos AngelesRetail

New-Construction Chipotle in Palmdale Trades at 4.45% Cap, Lowest for Brand in California in 2.5 Years

The $4.39 million deal for the 2,325-square-foot pad signals aggressive investor appetite for newly built, corporate-guaranteed quick-service restaurants in high-growth Southern California retail...

Irvine, California
FinanceIndustry NewsOrange CountyRetail

Alakai Capital Lists 16,340 SQFT KinderCare-Leased Daycare in Irvine for $21.7MM

The new-construction Crème de la Crème asset is being offered on a 5.75 percent cap rate with a 15-year corporate-guaranteed lease in one...

Scenery of shopping district
FinanceIndustry NewsLos AngelesRetail

Real Onyx Management Group Lists 92,000 SQFT Towne Square East Plaza in Palmdale for $18.7MM

Opportunity Zone shopping center anchored by Crunch Fitness hits the market at a 7.55 percent cap rate with 3.75 acres of developable land...

Shopping bags with a yellow background
AECFinanceIndustry NewsLeasingRetailSan Diego

NewMark Merrill Lands 2.5-Acre Otay Mesa Site Preleased to Wendy’s, Dutch Bros and Quick Quack

The Calabasas-based shopping center owner has secured a fully leased corner pad in one of San Diego's fastest-growing submarkets, with all three national...

Scenery of shopping district
FinanceIndustry NewsLos AngelesNews ReleasesRetail

58,700 SQFT Retail Property Occupied by Smart & Final and Barnes & Noble in Palmdale Trades for $13.5MM

Transaction is final sale of a six-property, $32 million break-up strategy SRS has executed on behalf of the seller Newport Beach, Calif. (April 2,...

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