Tustin, Calif. – McLean brings over 12 years of retail real estate experience to Present Value Properties.
San Jacinto, Calif. – This will be the concept’s first location in Southern California.
Burbank, Calif. – The center was 98 percent leased at the time of sale.
Santa Ana, Calif. – The revitalization will include the addition of three new tenants to the currently vacant Macy’s Men’s and Home Furnishings store.
San Diego – The buyer plans to operate a new restaurant on the property, which has been vacant for more than a year.
San Jose, Calif. – Westgate Center is owned by Federal Realty Investment Trust.
Stockton, Calif. – The property sold for $507 per square foot.
Playa Vista, Calif. – When complete, Runway at Playa Vista will include more than 220,000 square feet of retail, 420 residential units and 30,000 square feet of office space across 11 acres.
Vista, Calif. – Both the CVS Pharmacy and the Comerica Bank buildings on the property have a drive-through.
Los Angeles – Two of the properties, Harbor Place and Plaza Alicia, were refinanced with a 10-year term and a 30-year amortization.