Fullerton, Calif., and Vancouver, Wash. — Retail Opportunity Investment Corp. (ROIC) has acquired two shopping centers on the West Coast for a total of $96.5 million.
Duarte, Calif. — Newmark Knight Frank (NKF) has arranged the $38.1 million sale of Buena Vista Marketplace, a 92,346-square-foot center in Duarte, located 21 miles northeast of Los Angeles.
Monrovia, Calif. — Warner Pacific Properties is repositioning Monrovia Landing, a retail center within Shamrock Center in Monrovia, located 20 miles outside Los Angeles.
Moreno Valley, Calif. — Faris Lee Investments has arranged the $3.5 million sale of a 6,440-square-foot retail building in Moreno Valley.
Los Angeles, San Diego And Bakersfield, Calif. — Hanley Investment Group Real Estate Advisors has completed the sales of three 7-Eleven properties in separate transactions with a combined valued of $9.1 million.
Palmdale, California — Faris Lee Investments has arranged the sale of two single-tenant, freestanding retail buildings in Palmdale for a combined total of $7.4 million.
Corona del Mar, Calif. — MSM Global Ventures has acquired Corona del Mar Shopping Center, a 33,404-square-foot retail center in the Southern California community of Corona del Mar.
San Diego, Calif. — CBRE has arranged the $10.4 million sale of Torrey Highlands Plaza, a 14,042-square-foot retail center in San Diego.
Los Angeles — Nordstrom Inc. has launched a new retail concept called Nordstrom Local, and will open the first of its kind in West Hollywood on October 3.
Oxnard, Calif. — CBRE has arranged the sale of Oxnard Vineyards, a 102,139-square-foot shopping center located in Oxnard, California.