Corona, Calif. — Progressive Real Estate Partners has arranged the sale of a former Food 4 Less grocery store located at 109 N. McKinley St. in Corona. Expert Hardware Flooring acquired the property for $4.8 million. The buyer plans to
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San Diego — Petco ended its first day of trading on Nasdaq on Thursday at $29.40 per share, 63 percent higher than its initial public offering (IPO). The San Diego-based pet care retailer is trading under the stock symbol WOOF.
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Torrance, Calif. — Regency Centers has completed the disposition of South Bay Village, a shopping center located at 19330 Hawthorne Blvd. in Torrance. Charing Cross acquired the property for $39.7 million. Built in 1971 and renovated in 2012, South Bay
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Moreno Valley, Calif. — Progressive Real Estate Partners has arranged the sale of a freestanding restaurant building located at 23040 Alessandra Blvd. in Moreno Valley. Carnitas al Estilo Michoacan acquired the property for $1.6 million. The recently remodeled restaurant is
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Lake Forest, Calif. — KA Enterprises has purchased Dana Plaza, a retail center located at 21701 and 21721 Lake Forest Drive in Lake Forest. Dana Lake Forest LP sold the asset for $12.1 million. Situated on 3.5 acres, Dana Plaza
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Whittier, Calif. — Hanley Investment Group has negotiated the $14.8 million sale of a new Cardenas Market in Whittier. The store opened in July 2020 and is situated at 11750 Whittier Blvd., 13 miles southeast of downtown Los Angeles. The
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Cypress, Calif. — Faris Lee Investments has arranged the $13 million sale of Meridian Plaza, a 28,500-square-foot shopping center in Cypress. Dollar Tree anchors the property, which is also leased to tenants including Starbucks, H&R Block and Wienerschnitzel. Meridian Plaza
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Laguna Hills, Calif. — Faris Lee Investments has arranged the sale of Moulton Parkway Auto Spa, a full-service car wash and gas station located in Laguna Hills. The retail property is located at the intersection of El Toro Road and
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Santa Maria and Fresno, Calif. — Hanley Investment Group Real Estate Advisors has brokered the sales of two retail assets located in Santa Maria and Fresno. The total price for the two transactions was $3.4 million. Located at 1104 S.
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Lathrop, Calif. — Chase Partners has sold a new Chipotlane drive-thru property in Lathrop in California’s San Joaquin Valley for $3.2 million. The 2,323-square-foot property was delivered earlier this year at 16542 Golden Valley Parkway. Bill Asher and Jeff Lefko
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Westlake Village, Calif. — Just over three weeks after filing for Chapter 11 bankruptcy, Guitar Center appears ready to already emerge from the process. In its original filings, the Westlake Village-based musical instrument and supplies retailer reported its business of
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Los Angeles — Sameday Testing will open five new COVID-19 testing facilities within Westfield shopping centers. The locations will be at Westfield Annapolis, Westfield Montogmery and Westfield Wheaton in Maryland; The Village at Westfield Topanga in Woodland Hills, California; and
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