Torrance, Calif. — Quantum Capital Partners has secured a $37 million interest-only loan to refinance The Shops at South Bay, a 200,000-square-foot shopping center located roughly 20 miles outside Los Angeles in Torrance.
Lompoc, Calif. — Cushman & Wakefield has arranged the $19 million sale of Central Town Square, a grocery-anchored shopping center located in Lompoc, California.
Shapell Liberty Investment Properties Breaks Ground on $150 Million Mixed-Use Project in Los Angeles
Los Angeles — Shapell Liberty Investment Properties has broken ground on The Vineyards at Porter Ranch, a $150 million mixed-use project in Los Angeles’ Porter Ranch neighborhood.
Modesto, Calif. — HFF has arranged the $170 million refinancing of a portfolio of 33 triple-net-leased grocery properties totaling 1.73 million square feet in northern California.
Oceanside, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $7.4 million sale of a single-tenant Walgreens property located roughly 38 miles outside San Diego in Oceanside.
San Diego, Calif. — A joint venture between Citivest Commercial Investments LLC and Hutensky Capital Partners has acquired a freestanding AMC theater complex in San Diego for $36 million.
Northridge, Calif. — Investment Real Estate Associates (IREA) has arranged the $54.7 million sale of the Northridge Plaza Shopping Center, located roughly 30 miles outside Los Angeles in Northridge.
Chula Vista, Calif. — Sudberry Properties is set to break ground on Millenia Commons, a 131,800-square-foot shopping center located roughly eight miles outside San Diego in Chula Vista.
Glendora, Calif. — Three new tenants are set to open at 655 S. Grand Ave., a 70,500-square-foot shopping center currently undergoing redevelopment in the Los Angeles suburb of Glendora.
Livermore, Calif. — RedMill Capital and ANICO Eagle LLC will break ground this month on The Shops at Livermore, a 115,000-square-foot mixed-use development in the upscale Bay Area suburb of Livermore.