Oakland, Calif. — Lee & Associates has arranged the $2.5 million sale of a property net-leased to Bridgestone in Oakland.
Foothill Ranch, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $5.7 million sale of a two-tenant retail building located in Foothill Ranch, California.
Anaheim, Calif. — Savills Studley has arranged the $18.5 million sale of Anaheim Lincoln Shopping Center, a 72,950-square-foot retail center located roughly 27 miles outside Los Angeles in Anaheim.
Folsom, Calif. — Marcus & Millichap has arranged the $39.6 million sale of Walmart Central Shopping Center, a 139,277-square-foot retail center located 21 miles northeast of Sacramento in Folsom, California.
Chula Vista, Calif. — Sudberry Properties and Ayres Hotels have broken ground on Millenia Commons, a 131,800-square-foot “lifestyle destination center” and a 135-room Ayres Hotel in the San Diego suburb of Chula Vista.
Chino, Calif. — Savills Studley has negotiated the sale of Chino Spectrum Towne Center, a 459,969-square-foot shopping center located in Chino.
Fontana, Calif. — Faris Lee Investments has arranged the $20.7 million sale of Southridge Plaza, a 119,359-square-foot shopping center located nine miles west of San Bernardino in Fontana, California.
Southern California — Federal Realty Investment Trust has formed a joint venture with Primestor Development Inc. to acquire seven retail properties in Southern California.
Bakersfield, Calif. — CBRE in conjunction with the National Retail Partners-West (NRP-West) team has brokered the sale of Riverlakes Village, a grocery-anchored shopping center in Bakersfield.
Richmond, Calif. — LBG Real Estate Cos. and Aviva Investors have purchased Hilltop Mall, a 1.1 million-square-foot regional mall located 20 miles northeast of San Francisco in Richmond, for an undisclosed price.