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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,...

vince-fleming-78U2m_4XbKM-unsplash-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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