California

Fullerton-Court-Fullerton-CA
CaliforniaInvestment salesNews

Hanley Investment Group, Summit RE Arrange $12.7 Million Sale of Fullerton Court Retail Center in California

by Abby Cox

Fullerton, Calif. — Hanley Investment Group Real Estate Advisors and Summit RE have brokered the sale of Fullerton Court, a two-story retail center adjacent to Fullerton College in Fullerton. A Newport Beach, California-based private partnership sold the property to a Los Angeles-based, private 1031 exchange investor for $12.7 million. Sean Cox and Kevin Fryman of Hanley, in association with Scott Hook of Summit RE, represented the seller, while the buyer was self-represented in the deal. Located at 444 N. Harbor Blvd., Fullerton Court was originally built in 1982 and expanded in …

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Valley Central Shoppes
CaliforniaFinanceNews

Gantry Arranges $31 Million Loan to Refinance Retail Center in Lancaster, California

by Abby Cox

Lancaster, Calif. — Gantry has arranged a $31 million permanent loan to refinance the Valley Central Shoppes, a 174,000-square-foot inline retail center located in the Antelope Valley submarket of Lancaster. The property is a component of a larger master-planned power center. Following the property’s acquisition in late 2025, the borrower secured a new lease with Boot Barn to backfill vacant space, as well as renewal agreements with other tenants. Current retailers and restaurants at the property include Staples, Marshall’s, Five Below, Planet Fitness, Starbucks Coffee, Jersey Mike’s Subs, Black Angus Steakhouse, …

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CaliforniaCompany newsNews

Hanley Investment Group Acquires Visintainer Group’s Retail Investment Sales Division

by Abby Cox

Corona del Mar, Calif. — Hanley Investment Group Real Estate Advisors has acquired the retail investment sales division of Fresno, California-based Visintainer Group. Together, the teams have closed more than $665 million in the Central Valley since 2021. John Kourafas will join Hanley Investment Group as vice president of sales and Jamey Browning will join as transaction manager. Brett Visintainer, principal of Visintainer Group, will stay on as a strategic advisor to both teams, focused on clients and 1031 exchange buyers. At Visintainer Group, Kourafas was involved in more than $600 …

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Village-Center-at-Rose
CaliforniaGrocery-anchoredInvestment salesNews

CBRE Arranges $66.2 Million Sale of Grocery-Anchored Center in Metro Los Angeles

by Abby Cox

Placentia, Calif. — CBRE has arranged the $66.2 million sale of Village Center at Rose, a 118,876-square-foot shopping center located in Placentia, roughly 35 miles northeast of downtown Los Angeles. Jimmy Slusher, Mark Damiani, James Tyrrell and Shaya McClanahan of CBRE represented the seller, First Washington Realty, in the transaction. The buyer was Charlotte, North Carolina-based Barings. Built in 1996, Village Center at Rose is anchored by Ralphs, which has operated at the site since the center’s opening and occupies 37 percent of the gross leasable area. Additional tenants at the …

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1717-E-Vista-Way-Vista-CA
CaliforniaInvestment salesNews

Pacific Coast Commercial Brokers $3.5 Million Sale of Multi-Tenant Strip Center in Vista, California

by Abby Cox

Vista, Calif. — Pacific Coast Commercial has brokered the $3.5 million sale of a multi-tenant strip center located at 1717 E. Vista Way in Vista, roughly 34 miles north of San Diego. The 30,600-square-foot property is occupied by a mix of local office and retail businesses. Martin Alfaro of Pacific Coast Commercial represented the seller, LB ONE LLC, and buyer, CDH Holdings V LLC, in the deal.

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CaliforniaDevelopmentNewsRetailers

Ross Opens 51 Stores Across 17 States in September, October

by Abby Cox

Dublin, Calif. — Ross Stores Inc. has opened 51 new locations throughout the months of September and October, including 41 Ross Dress for Less and 10 dd’s DISCOUNTS stores. This expansion, which spans 17 states, has completed the company’s growth plans for fiscal 2026, with the addition of 115 new locations throughout the year. Together, Ross Dress for Less and dd’s DISCOUNTS currently operate approximately 2,377 stores across 45 states, the District of Columbia, Guam and Puerto Rico.

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Shops at Edgwater
CaliforniaInvestment salesNews

JLL Negotiates $9.5 Million Sale of Shops at Edgewater in Sand City, California

by Abby Cox

Sand City, Calif. — JLL Capital Markets has negotiated the $9.5 million sale of the Shops at Edgewater, a 25,223-square-foot retail center located at 2080 California Ave. in Sand City.  The fully leased property is occupied by Ulta Beauty, Panera Bread, Mancini’s Sleepworld and a Bank of America ATM. The Shops at Edgewater is also shadow anchored by Target, Ross Dress for Less and Lucky. Eric Kathrein, Andrew Spangenberg and Allie Repaskey of JLL represented the private seller in the transaction. An entity doing business as Sand City Holdings LLC was …

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Marigold Shopping Center
CaliforniaGrocery-anchoredInvestment salesNews

Nuveen Real Estate Acquires Marigold Center in San Luis Obispo, California, for $58.3 Million

by Abby Cox

San Luis Obispo, Calif. — Nuveen Real Estate has acquired Marigold Center, a 174,428-square-foot shopping center located at 3900 Broad St. in San Luis Obispo, for $58.3 million. Gleb Lvovich, Geoff Tranchina, Daniel Tyner and Eric Kathrein of JLL represented the seller, First Washington Realty, in the transaction. Vons anchors Marigold Center, which was 91.5 percent leased at the time of sale. Additional tenants at the property include CVS Pharmacy and Planet Fitness, as well as a mix of sporting goods, restaurant, medical and service-oriented tenants. The center sits on …

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19390-Bear-Valley-Rd-Apple-Valley-CA
CaliforniaInvestment salesNews

Hanley Investment Group Brokers Sale of 87,042-Square-Foot Shopping Center in Apple Valley, California

by Abby Cox

Apple Valley, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of Apple Valley Towne Center, an 87,042-square-foot regional shopping center located in San Bernardino County. Kevin Fryman, Bill Asher and Sean Cox of Hanley Investment Group represented the seller and developer, San Pedro, California-based Rich Development Enterprises, in the transaction. The buyer and sales price were not disclosed. Completed earlier this year on a 7.9-acre site at 19390 Bear Valley Road, Apple Valley Towne Center was fully leased at the time of sale to three national junior …

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Pavilions Marketplace
CaliforniaGrocery-anchoredInvestment salesNews

Sterling Organization Purchases Grocery-Anchored Center in West Hollywood, California

by Abby Cox

West Hollywood, Calif. — Sterling Organization has purchased Pavilions Marketplace, a 69,622-square-foot retail center located in West Hollywood. The acquisition was made on behalf of Sterling’s institutional value-add fund, Sterling Value Add Partners IV, marking the fund’s 11th investment. Pavilions, an upscale supermarket owned by Albertsons Cos., anchors the center, which was 89 percent leased at the time of sale. Other tenants at the property include Chase Bank, Insomnia Cookies and Nothing Bundt Cakes.

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