Banning, Calif. — Marinita Development Co. has broken ground on Phase II of Sun Lakes Village Shopping Center, a 95,000-square-foot shopping center located in Banning, California.
Oceanside, Calif. — Cushman & Wakefield has arranged the $14.2 million sale of Best Plaza, a 65,211-square-foot shopping center located roughly 38 miles outside San Diego in Oceanside.
Los Angeles — CBRE has arranged the $13.3 million sale of Silver Lake Collection, a 10,497-square-foot, street-front retail property located along Sunset Boulevard in the Silver Lake neighborhood of Los Angeles.
San Francisco — A partnership between Blatteis & Schnur and Morgan Stanley Real Estate Investing has acquired the 250,000-square-foot Macy’s Men’s Store located on Union Square in San Francisco for $250 million.
Bakersfield, Calif. — A joint venture between C & C Properties Inc. and MarkChris Investments has announced the redevelopment of East Hills Mall in Bakersfield, roughly 110 miles north of Los Angeles.
Campbell, Calif. — Ellis Partners has broken ground on the multi-phased renovation of The Pruneyard, a 27-acre mixed-use shopping center in the Silicon Valley city of Campbell.
San Francisco — Mesa West Capital has provided $16 million in financing for a 12,281-square-foot Disney Store in San Francisco.
Lake Elsinore, Calif. — Civic Partners has received approval for the development of Artisan Alley at the Diamond, a mixed-use project located in Lake Elsinore.
San Marcos, Calif. — Lee & Associates has arranged the $73.4 million sale of Campus Marketplace, a 144,148-square-foot shopping center located roughly 35 miles outside San Diego in San Marcos.
Los Angeles — Kilroy Realty Corp. has purchased The Sunset, a 179,000-square-foot mixed-use development in the West Hollywood submarket of Los Angeles, for $210 million.