San Bruno, Calif. — Sears has announced the opening of a 4,000-square-foot flagship Connected Solutions location at The Shops at Tanforan in San Bruno.
Los Angeles — The Village at Westfield Topanga, an over a million-square-foot addition to the power shopping center Westfield Topanga, is set to open mid-September in the Los Angeles neighborhood of Woodland Hills.
Santa Ana, Calif. — Avison Young has arranged the sale of the Pacific Building, an historic 16,274-square-foot mixed-use property located in the Artist Village District of Santa Ana for $5.3 million.
Santa Monica, Calif. — Three new restaurants are scheduled to open this summer at Ocean Avenue South, a $350 million mixed-use residential development located on Ocean Avenue in Santa Monica.
Los Angeles — Laurus Corporation is set to begin a $30 million renovation of Promenade at Howard Hughes Center, a 250,000-square-foot retail center, located just off Interstate 405 in Los Angeles.
Irvine, Calif. — Irvine, California-based Hanley Investment Group has arranged the purchase of four shopping centers for Phillips Edison & Co. totaling 372,000 square feet for $24 million.
San Francisco — Gap Inc. is streamlining its retail business by slimming its store count to 800 Gap stores in North America, the company outlined in a statement ahead of an investor meeting scheduled today.
Rancho Cucamonga, Calif. — Progressive Real Estate Partners has arranged the sale of Rancho Plaza, an 11,691-square-foot retail center located in Rancho Cucamonga, for $6.8 million.