Escondido, Calif. — Faris Lee Investments has arranged the $25 million sale of Gateway Center, an 89,625-square-foot shopping center located in Escondido.
San Diego — Marcus & Millichap has arranged the $15 million sale of Rosecrans Shopping Center, a 43,108-square-foot retail center located in San Diego.
Brisbane, Calif. — Brisbane-based women’s retailer Bebe has announced it will close all 168 of its remaining stores.
Solana Beach, Calif. — CBRE has arranged the $33.3 million sale of BeackWalk, a 54,973-square-foot shopping center located in Solana Beach.
Bakersfield, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $2.65 million sale of a 1,850-square-foot Starbucks Coffee location in Bakersfield.
Santa Clarita, Calif. — In an off-market transaction, Colliers International has negotiated the $69.5 million sale of Gateway Village Shopping Center in Santa Clarita.
Glendora, Calif. — Champion Real Estate Co. has begun converting an existing grocery property into a Sprouts Farmers Market at 655 S. Grand Ave. in Glendora.
Victorville, Calif. — Progressive Real Estate Partners has arranged the sale of two outparcels at the entrance to the Mall of Victor Valley in Victorville for an aggregate total of $4.2 million.
Santa Monica, Calif. — HFF has arranged a $12.6 million refinancing for 3202-3212 Wilshire Blvd., a 28,209-square-foot retail building located in Santa Monica.
Long Beach, Calif. — Urban Commons has unveiled plans for a $250 million mixed-use development surrounding the Queen Mary, a retired cruise ship docked in Long Beach, California.