Brixton Capital Adds Escondido Shopping Center in Off-Market Deal

Brixton Capital Adds Escondido Shopping Center in Off-Market Deal

Brixton Capital, a vertically integrated operator of retail and multifamily properties, acquired the Escondido Gateway shopping center from Del Mar-based Mountain Pacific Properties for $28 million in an off-market transaction. Acquired at a significant... Read more »
Billionaire Mall Magnate, David Simon, Leaves Legacy of Shopping Centers Behind

Billionaire Mall Magnate, David Simon, Leaves Legacy of Shopping Centers Behind

David Simon, CEO of Simon Property Group—the largest mall owner in the country—died Sunday at age 64. He’d been diagnosed with pancreatic cancer in 2024—and, according to a press release, Simon passed away... Read more »
NewMark Merrill Plans Q2 Groundbreaking for Victorville Shopping Center

NewMark Merrill Plans Q2 Groundbreaking for Victorville Shopping Center

NewMark Merrill Companies, Inc., in partnership with World Premier Investments and R.Y. Properties, Inc. has received entitlements to develop Desert Sky Plaza II, a 30-acre, 297,363-square-foot shopping center in Victorville. Groundbreaking is slated for... Read more »
MetLife Offloads Chino Shopping Center to Brixmor

MetLife Offloads Chino Shopping Center to Brixmor

A New York-based real estate investment trust dropped nearly $140 million on a shopping complex in San Bernardino County.  Brixmor Property Group purchased Chino Spectrum Towne Center from MetLife Investment Management for... Read more »
Torrance shopping center sells for record price

Torrance shopping center sells for record price

A well-known shopping center in Torrance, anchored by a grocery store, has sold for a record price in the South Bay as real estate investors look for retail properties that don’t have... Read more »
Lancaster Sale Continues Break-Up Strategy for Shopping Center

Lancaster Sale Continues Break-Up Strategy for Shopping Center

Hanley Investment Group Real Estate Advisors arranged the sale of a multi‑tenant shop building adjacent to Smart & Final Extra! at Antelope Valley Plaza in Lancaster. The sale price was $3.9 million.... Read more »
Chartwell Takes Over Hermosa Beach Shopping Center

Chartwell Takes Over Hermosa Beach Shopping Center

Chartwell Real Estate Development completed the $27.8-million purchase of Park Pacific Shopping Center, a grocery-anchored retail property in the heart of Hermosa Beach. Located at 1100 Pacific Coast Hwy., the 49,911-square-foot shopping center is currently... Read more »
Walbrook Junction Shopping Center in Baltimore Gets M Revamp

Walbrook Junction Shopping Center in Baltimore Gets $2M Revamp

Walbrook Junction, a community co-owned shopping center in the Walbrook neighborhood in West Baltimore, has undergone significant renovations since it was purchased in early 2021. ChicagoTREND, a commercial real estate development firm,... Read more »
Hanley Closes Two Single-Tenant Sales at Lancaster Shopping Center

Hanley Closes Two Single-Tenant Sales at Lancaster Shopping Center

Hanley Investment Group Real Estate Advisors completed the sale of a single-tenant Smart & Final Extra! and a single-tenant dd’s Discounts at the Antelope Valley Plaza, a 127,000-square-foot grocery- and drugstore-anchored shopping center in Lancaster.... Read more »