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Faris Lee Arranges $21 Million Sale of Retail Center in Southern California

Torrance, Calif. — Faris Lee Investments has arranged the $21 million sale of Southwood Village, a 66,958-square-foot shopping center in Torrance, a city in southern California.

…

  • February 15, 2018
  • Published in California, Faris Lee Investments, Investment sales, News

Cushman & Wakefield Arranges $47.5 Million Sale of Lowe’s-Occupied Building in Southern California

Torrance, Calif. — Cushman & Wakefield has arranged the $47.5 million sale of a 127,400-square-foot Lowe’s Home Improvement site in Torrance.

…

  • December 21, 2017
  • Published in California, Investment sales, News

Quantum Secures $37 Million Refinancing for The Shops at South Bay in Torrance

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.

…

  • June 5, 2017
  • Published in California, Finance, News

Hanley Investment Group Negotiates Sale of Two Retail Centers for $29 Million

Palmdale and Torrance, Calif. – Pacific Plaza in Torrance, Calif., was 100 percent occupied at the time of the sale.

…

  • October 16, 2014
  • Published in California, News, Washington

Carpenter Village in California Sells for $11.5 Million

Torrance, Calif. – The 31,000-square-foot Carpenter Village was constructed in 1979.

…

  • September 12, 2014
  • Published in California, News

Industry Content

NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Industry News

  • Levin Properties Receives $43.2 Million Refinancing for St. Georges Crossing in Central New Jersey
  • CVS Agrees to Acquire Oak Street Health in $10.6 Billion Deal
  • Grossman Development Group Purchases 261,672-Square-Foot Retail Center Near Boston
  • Hanley Investment Group Brokers $21.2 Million Sale of El Dorado Shopping Center in Long Beach, California
  • STRIVE Arranges Sale of 13,522-Square-Foot Retail Strip Center in Frisco, Texas

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