BOLOUR Acquires Retail in LA’s Mid City Submarket

BOLOUR Acquires Retail in LA’s Mid City Submarket

BOLOUR Associates Inc. has acquired a neighborhood retail strip center at 5151 W. Pico Blvd. in Los Angeles for $4.45 million. The center sits five miles west of a development site on which... Read more »
BOLOUR Acquires Retail in LA’s Mid City Submarket

Escondido Retail Trades After 30 Days on the Market

Marcus & Millichap arranged the sale of Centre City Plaza, a 14,260-square-foot multi-tenant retail property located in Escondido. The asset sold for $3,950,000. “The property was on the market for 30 days and received... Read more »
BOLOUR Acquires Retail in LA’s Mid City Submarket

Anchor Point Closes Sale of Office and Retail in Diamond Bar

Anchor Point Capital, a commercial real estate advisory firm specializing in net lease properties nationwide, arranged the $12.2-million sale of Plaza Diamond Bar, a two-building property located in Diamond Bar. The transaction... Read more »
BOLOUR Acquires Retail in LA’s Mid City Submarket

Tucson Retail Center Trades for $27M

The Rillito Crossing Marketplace in Tucson has been sold to Prairie Hill Holdings. Epic Real Estate Partners and Centerbridge agreed to sell the 96,000-square-foot asset for $27.5 million. The property is anchored... Read more »
BOLOUR Acquires Retail in LA’s Mid City Submarket

Regal Ventures Snaps Up West Hollywood Retail Condo

Regal Ventures, a real estate investment firm headquartered in New York City, has acquired 8500 Sunset Blvd., a 37,900-square-foot retail condo and 178-space parking garage in West Hollywood. The purchase price and the identity... Read more »
BOLOUR Acquires Retail in LA’s Mid City Submarket

Primestor Signs South LA Café as Retail Tenant in MXU

Primestor Development has signed community coffee house South LA Café to a long-term lease at Evermont, Primestor’s mixed-use development located in South Los Angeles at the northwest corner of Manchester and Vermont avenues.... Read more »
BOLOUR Acquires Retail in LA’s Mid City Submarket

Dollar General-Anchored Retail Trades in 1031 Exchange 

Hanley Investment Group Real Estate Advisors completed the sale of a 12,750-square-foot multi-tenant retail center anchored by Dollar General in Inglewood. The sale price was $4.15 million.  EVPs Kevin Fryman and Carlos Lopez, along... Read more »
Home Depot’s sluggish sales may be warning sign for housing

Home Depot’s sluggish sales may be warning sign for housing

Some cracks may finally be starting to show in the foundations of what has been a very strong housing market. Home Depot reported quarterly sales that missed forecasts Tuesday and the CEO... Read more »
Upper Fifth Avenue persists as world’s priciest retail destination: report

Upper Fifth Avenue persists as world’s priciest retail destination: report

Experts share that the Manhattan district remains the most expensive place to rent a storefront — luxury brands are continuing to set up shop regardless. Source link Read more »
A Day in the Life of Jay Luchs, Top LA Luxury Retail Agent

A Day in the Life of Jay Luchs, Top LA Luxury Retail Agent

Some of the sights on many of Los Angeles’ top retail streets are Jay Luchs’ ubiquitous for lease and leased signs. Luchs, 51, can often be found in these high streets, conducting... Read more »