Hanley Investment Group Real Estate Advisors completed the sale of four separate Southern California retail pad and strip center assets totaling more than $32 million. The properties were sold individually as part of... Read more »
JLL Capital Markets represented a private seller in the $25.78-million sale of Shops at Plaza West Covina, a 46,406-square-foot shopping center located in West Covina. The buyer was Phillips Edison & Company. Plaza West Covina is located... Read more »
Another Southern California shopping center has traded hands. Phillips Edison & Company paid roughly $25.8 million for the retail plaza at 312 South California Avenue in West Covina, Commercial Observer reported. The... Read more »
Optimus Properties, LLC, a Los Angeles-based real estate investment and development firm, closed on the acquisition of the Laurel Street Retail Portfolio, a three-building, non-contiguous street retail portfolio located in downtown San Carlos. Seller... Read more »
NewMark Merrill Companies is moving forward with a Target-anchored shopping center development in Victorville. NewMark Merrill, in partnership with World Premier Investments and R.Y. Properties, received entitlements to develop Desert Sky Plaza... Read more »
Private credit firm Blue Owl Capital landed a $185 million loan tied to nearly two dozen retail properties in the Bay Area. The New York-based firm secured the loan from French corporate... Read more »
Another developer is looking to build a residential and retail property along the Pico Boulevard corridor in Rancho Park. On Feb. 19, Ely Khakshouri of Avenue of the Stars Imports filed an... Read more »
Not so long ago, the concept of serving up experiences with retail products was a “nice to have” strategy. According to a Lee & Associates write-up, that “nice to have” is now... Read more »
The location of a closed restaurant on Los Angeles’ Westside has been floated for redevelopment into housing and retail. RBM of California filed an application with the Los Angeles Department of City... Read more »
A mixed-use retail development located at Highway 59 & Northpark Drive in Kingwood has recently been sold. The asset spans 150,000 square feet and is anchored by H-E-B. The sale price for this property... Read more »