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Lido Marina Village

DJM Receives $24.5 Million in Equity for Lido Marina Village Renovation

Newport Beach, Calif. — DJM has received $24.5 million in new equity from Arc Capital Partners for the recapitalization of Lido Marina Village, a 116,000-square-foot waterfront retail and office property located on the Balboa Peninsula in Newport Beach. The new

…

  • April 8, 2021

Yosemite Properties Sells Whitmore Plaza Shopping Center in Ceres, California

Ceres, Calif. — Yosemite Properties has completed sale of Whitmore Plaza, a shopping center located at 2517-2617 Mitchell Road and 2908-2920 E. Whitmore Ave. in Ceres. Save Mart Portfolio Owner NLP CA LLC acquired the center from Yosemite Properties for

…

  • March 30, 2021
Vista Terrace

Marcus & Millichap Arranges Sale of Two Shopping Centers in Vista, California for $18.3 Million

Vista, Calif. — Marcus & Millichap has arranged the sale of two shopping centers in Vista, the Shops at Vista Terrace Marketplace and Santa Fe Crossroads. Ron Duong of Duong Retail Group represented the buyers in both transactions which totaled

…

  • March 26, 2021
Ulta

Faris Lee Investments Brokers $22.6 Million Sale of Central Plaza Shopping Center in Lake Elsinore, California

Lake Elsinore, Calif. — Faris Lee Investments has arranged the $22.6 million sale of Central Plaza Shopping Center in Lake Elsinore, with the $2.8 million sale of Ulta Beauty as the last piece of the break-up strategy for asset. The

…

  • March 26, 2021
Three Properties in California

Faris Lee Investments Arranges Three Sales Totaling $24.8 Million in California

Cypress, Santa Ana and Chino Hills, Calif. — Faris Lee Investments has arranged three off-market acquisitions: Meridian Plaza, a multi-tenant retail center anchored by Dollar Tree in Cypress, a Starbucks in Santa Ana and a strip center in Chino Hills.

…

  • March 26, 2021
Gene Autry Plaza

Faris Lee Arranges the $23.4 Million Sale of Grocery-Anchored Center in Palm Springs, California

Palm Springs, Calif. — Faris Lee Investments has arranged the $23.4 million sale of Gene Autry Plaza, a Smart & Final grocery-anchored property located adjacent to the Palm Springs Airport and Gene Autry Business District in Palm Springs. Don MacLellan

…

  • March 25, 2021

American Eagle Outfitters to Open Nine Aerie, OFFLINE Locations in Westfield Shopping Centers

Los Angeles — American Eagle Outfitters Inc. (AEO) has announced plans to open seven Aerie stores and two OFFLINE by Aerie locations at Unibail-Rodamco-Westfield centers during the second half of 2021. The new Aerie stores will open at Westfield Garden

…

  • March 23, 2021
Lido Marina Village

George Smith Partners Arranges $45.6 Million Loan for Lido Marina Village in Newport Beach

Newport Beach, Calif. — George Smith Partners has arranged $45.6 million in bridge financing on behalf of DJM Capital for the recapitalization of Lido Marina Village, a multi-block, waterfront retail and office property on Balboa Peninsula in Newport Beach. Lido

…

  • March 22, 2021
Smart & Final

Marcus & Millichap Arranges $22.5 Million Sale of Smart & Final Grocery Store in Metro Los Angeles

Westlake Village, Calif. — Marcus & Millichap has arranged the sale of a Smart & Final grocery store located 40 miles outside Los Angeles in Westlake Village. The triple-net-leased asset sold for $22.5 million. The property totals 50,242 square feet

…

  • March 18, 2021

Forward One Buys CVS-Occupied Property in Metro Los Angeles for $7.7 Million

La Verne, Calif. — Forward One has purchased a retail property located at 1479 Foothill Blvd. in the Los Angeles suburb of La Verne. New Jersey-based Arctrust sold the asset for $7.7 million in an off-market transaction. CVS/pharmacy anchors the

…

  • March 18, 2021
Coffee Bean and Tea Leaf

JLL Arranges $4.3 Million Sale of Retail Building in Long Beach, California

Long Beach, Calif. — JLL Capital Markets has arranged the $4.5 million sale of a newly constructed, 1,839-square-foot retail building at 5865 E. Spring St. that is triple net leased to The Coffee Bean & Tea Leaf in Long Beach.

…

  • March 16, 2021
City Place

Joint Venture Acquires 14-Acre Mixed-Use Property in Long Beach, California

Long Beach, Calif. — A joint venture between Turnbridge Equities, Waterford Property Co. and Monument Square Investment Group has acquired City Place Long Beach, a 14-acre mixed-used property in downtown Long Beach. The open-air center offers a mix of retail

…

  • March 15, 2021
Older posts

Industry Content

Webinar: Will Southeast Retail Investment Activity Bounce Back in 2021?

Shopping Center Business and Southeast Real Estate Business hosted "Southeast Retail Investment Outlook — Will Retail Investment Activity Bounce Back in 2021?" A panel of retail experts covered topics like the lending atmosphere,…

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Webinar: Driving Retail Income Through Specialty Leasing & Ancillary Revenue

    On October 15 Ancillary Retail hosted a webinar titled “Driving Income Through Specialty Leasing and Ancillary Revenue.” Webinar panelists shared how important it is to quickly shift strategy, not just in relation…

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Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector Responding to…

  Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector responding to COVID-19?  hosted by Shopping Center Business and Western Real Estate Business, covers the approaches taken by an expert…

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Webinar: Michigan Retail Outlook: How is Michigan’s Retail Sector Responding to COVID-19?

  (Panelists, clockwise from top left) Adam Tiktin, Tiktin Real Estate Investment Services; Rod Castan, Courtelis Company; Lyle Stern, Koniver Stern Group; Philip Rosen, Becker (moderator); Duane Stiller, Woolbright Development. Shopping Center…

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Industry News

  • Federal Realty to Redevelop 144,000-Square-Foot Shopping Center in Falls Church, Virginia
  • Boulder Group Arranges $7 Million Sale of Grocery Property in Metro Green Bay
  • Black Gate Partners Acquires 24,691-Square-Foot Emerson Way Shopping Center in Indianapolis
  • Joint Venture to Add Mix of Uses to Potomac Marketplace in West Virginia
  • Selig Enterprises, Pension Fund Acquire 421,000-Square-Foot Lenox Marketplace in Atlanta’s Buckhead District

Coronavirus News

  • U.S. Division of L’Occitane Files for Chapter 11 Bankruptcy Protection, Plans Store Closures

  • Saucy Brew Works to Open Brewpub, Coffeehouse in Detroit’s Brush Park

  • AMC Theatres Raises $917 Million of Investment Capital, Says Bankruptcy is ‘Completely Off Table’

  • Indoor Dining Expected to Resume Feb. 1 in Michigan

  • Punch Bowl Social Files for Chapter 11 Bankruptcy

  • Sameday Testing to Open Five COVID-19 Testing Sites at Westfield Shopping Center Locations

Read More COVID-19 News

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