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Apple Store
Industry NewsRetailSan Diego

Apple Shutters Escondido Store at 1.3MM-SQFT North County Mall, Dealing Fresh Blow to Owners’ Turnaround Bid

Apple’s June 20 exit from the Escondido shopping center now branded Mershops North County strips one of the property’s marquee tenants at the...

Shopping center in Southern California
FinanceIndustry NewsInland EmpireRetail

Redwood West, Panattoni-Led Venture Acquires 1.2MM-SQFT Victoria Gardens in Rancho Cucamonga for $530MM

The deal marks one of the largest open-air retail transactions in Southern California in recent years and signals continued institutional appetite for high-performing...

Shopping center in Southern California
FinanceIndustry NewsInland EmpireRetail

Brookfield, QIC List 1.2MM SQFT Victoria Gardens Mall in Rancho Cucamonga Amid Broader Southern California Retail Selloff

The open-air lifestyle center, one of the Inland Empire’s top-performing retail properties, hits the market as Brookfield’s newly rebranded GGP division accelerates capital...

San Diego
AECFeaturedFinanceIndustry NewsRetailSan Diego

San Diego Retail Vacancy Climbs to 4.4% as Sales Prices Drop 40.6% Year-Over-Year

Market records negative absorption of 724,129 square feet while construction pipeline expands to 667,993 square feet San Diego’s retail real estate market showed...

Beach along a street in Carlsbad
FinanceIndustry NewsNews ReleasesRetailSan Diego

Steerpoint Capital & SteelWave Spend $71.5MM to Acquire Portion of the 1.1MM SQFT The Shoppes at Carlsbad

The $71.5 million acquisition of the regional mall is the latest transaction completed through the firms’ joint venture platform. (Editor’s note: According to industry sources,...

Aerial view of Carlsbad
FinanceIndustry NewsNews ReleasesRetailSan Diego

Steerpoint Capital Secures $42.9MM Loan for the Acquisition of 727,000 SQFT Portion of The Shoppes at Carlsbad

LOS ANGELES –Archway Capital LLC, a national commercial real estate bridge lender, has provided a $42.9 million loan to Steerpoint Capital for the...

FinanceIndustry NewsNews ReleasesRetailSan Diego

Bridge Group, Steerpoint Capital Pay $57MM for North County Mall in Escondido

(EDITOR’S NOTE: According to a representative of the companies, the property sold for $57 million, or just over $45 per square foot.) ESCONDIDO,...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

Bridge Group Investments, Steerpoint Capital Acquire 1MM SQFT Mall in Palmdale for $60MM

LOS ANGELES — Today Bridge Group Investments, founded by the Mersho family in 2004, and Steerpoint Capital announced that they have closed on...

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