Palo Alto, Calif. — Simon is set to complete the reimagined public space at Stanford Shopping Center, a mall located in Palo Alto, and add 14 new tenants to open in spring 2016.
San Jose, Calif. — PCCP LLC has provided a $48.5 million senior loan to Dollinger Properties for the development of Sprouts @ Brokaw, a 143,000-square-foot shopping center to be anchored by Sprouts Farmers Market in San Jose.
Corona Del Mar, Calif. — Newmark Grubb Knight Frank (NGKF) has arranged the $8.36 million sale of two fully-occupied, two-story retail/office buildings totaling 11,526 square feet in Corona Del Mar.
Fullerton, Calif. — Safeco has acquired 914 West Orangethorpe Ave., a 79,898-square-foot retail property occupied by Food 4 Less in Fullerton, for $22.5 million.
Beverly Hills, Calif. — Beverly Hills-based BIG Shopping Centers USA and RED Development have added five retail assets totaling 1.5 million square feet to their recently launched joint venture BIG RED Portfolio LLC.
Chino Hills, Calif. — Dunhill Partners Inc. has acquired The Shoppes at Chino Hills, a 377,966-square-foot lifestyle center located in the Los Angeles suburb of Chino Hills.
Riverside, Calif. — Hanley Investment Group has arranged the $15.2 million sale of a newly built, 45,000-square-foot single-tenant LA Fitness located in Riverside.