As the new year approaches, many are wondering if the sheer volume of loans maturing in 2015 and continuing into 2016 will have an impact on retail and retail owners.
San Diego — San Diego International Airport receives more than 17 million passengers each year.
Alhambra, Calif. — Alhambra Place will include a combination of large and small national retailers and restaurants with open-air patios and walkways to create a pedestrian-friendly experience.
Baldwin Park, Calif. — The closing cap rate of the property, built in 1987, was 5.9 percent.
Boca Raton, Fla. – The seven micro-stores will open throughout October and early November in Westfield mall locations in California.
Palo Alto, Calif. – C.W. Driver’s work on the project included the installation of 657 tons of structural steel in less than two months.
Palmdale and Torrance, Calif. – Pacific Plaza in Torrance, Calif., was 100 percent occupied at the time of the sale.
Temecula, Calif. – The center is located a half-mile west of Interstate 15 off the Rancho California exit.
Developers and retailers are embracing new retail concepts to meet the demands of customers.
Ventura, Calif. – The center is currently 93 percent leased.