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DTLA’s South Park by Windsor Retail Space Reaches 100-Percent Occupancy
Kennedy Wilson, a global real estate investment and services firm, has announced the closing of three 10-year leases with major national retailers at the South Park by Windsor mixed-use property in Downtown Los Angeles (DTLA), bringing the ground-floor retail space to 100-percent occupancy. The property is one of South Park’s newest mixed-use high rise developments to recently open.
Calmwater Capital Provides $36.7 Million for Mountains Edge Marketplace in Las Vegas
Calmwater Capital, a leading, national direct real estate lender, has originated a $36.7 million loan for Remington Nevada to refinance existing debt and finance remaining construction of the Mountains Edge Marketplace in southwest Las Vegas. Once completed, the 101,000-square-foot retail property, anchored by Albertsons, will be located at the corner of Blue Diamond Road and South Buffalo Drive, adjacent to the Mountains Edge master planned community.
JLL Expands Retail Agency Leasing Team in Atlanta
JLL Atlanta today announced two additions to the company’s Atlanta retail brokerage group. The firm has hired Coleman Morris as a Vice President and Jessica Condon as a Senior Associate. The additions are part of JLL’s continued retail brokerage growth in the Atlanta market.
Capital Pacific Sells Starbucks in Greensboro, NC
Capital Pacific, a leading retail investment brokerage firm, recently brokered the sale of a 1,776 square foot Starbucks drive-thru in Greensboro, NC. This was the second time that Joe Caccamo of Capital Pacific has sold the asset. He first sold it in 2006 on behalf of the original developer. The property just sold again for $1,784,879 to a California-based investor. Capital Pacific, a leading retail investment brokerage firm, recently brokered the sale of a 1,776 square foot Starbucks drive-thru in Greensboro, NC. This was the second time that Joe Caccamo of Capital Pacific has sold the asset. He first sold it in 2006 on behalf of the original developer. The property just sold again for $1,784,879 to a California-based investor. More...
Capital Pacific Sells Corporate Three Tenant Shopping Center in Maplewood, MN
Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of Venner Plaza, a 11,032 SF three tenant freestanding building located at 1987 County Road D, Maplewood, MN. The property was sold for $6,175,000 to a California based 1031 exchange investor. More...
Capital Pacific Sells Mattress Firm in Roseville, MN
Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,650 SF Mattress Firm located at 2174 Snelling Avenue N. in Roseville, MN. The property was developed by a Northern California based development firm and sold for $2,500,000 to a private investor. More...
Capital Pacific Sells Aspen Dental in Olean, New York
Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,500 SF Aspen Dental located at 3018 NY Route 417 in Olean, NY. The property was sold for $1,647,058 to a California investor
CONSTRUCTION COMPLETE ON NADEL-DESIGNED AZALEA REGIONAL SHOPPING CENTER
SOUTH GATE, Calif. - October 28, 2014 - (RealEstateRama) -- Construction on the Nadel-designed Azalea Regional Shopping Center is now complete, bringing a new 32-acre retail hub to the city of South Gate, California. Located at 4635 Firestone Blvd., and owned by Primestor Development, Inc., the project includes more than 370,000 square feet of retail space and 37 stores. Construction on the site kicked off in September 2012 and was completed in August 2014
Westwood Financial Corp. Announces Opening of Rally House at Old Town Center in Dallas
DALLAS/LOS ANGELES - October 28, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Rally House has signed a 10-year lease for a 6,203-square-foot location at WFC’s Old Town Shopping Center, located on Greenville Avenue and Lovers Lane, in Dallas, which opened on August 29. The addition of Rally House, a specialty sports boutique, further diversifies the center’s retail offerings. With tenants that include eateries, medical services, fitness centers and home décor outlets, the center continues to meet the region’s evolving consumer demographic.
NADEL-DESIGNED SHOPPING VILLAGE NOW OPEN IN LAGUNA HILLS
LAGUNA HILLS, Calif. - October 2, 2014 - (RealEstateRama) -- The Village at Nellie Gail Ranch (The Village), a shopping center located at the intersection of Moulton Parkway and La Paz Road in Laguna Hills, California, is now open to local shoppers after a $17 million extensive remodel and expansion by Nadel, incorporating 28,000 additional square feet of retail space. The Village was originally built in the 1980s and now includes approximately 88,000 square feet of retail
Westwood Financial Corp. Signs Publix Super Markets as Anchor Tenant
ROCK HILL, S.C. /LOS ANGELES - September 2, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Publix Super Markets has now opened as the new anchor tenant at WFC’s Cherry Road Crossing, located off the Cherry Road exit on Highway 77 in Rock Hill, South Carolina, replacing Bi-Lo
Nadel-Designed Juanita Tate Marketplace Now Open
LOS ANGELES - August 19, 2014 - (RealEstateRama) -- Nadel-designed Juanita Tate Marketplace is now open, bringing 77,096 square feet of outdoor retail space with a full-service grocery to the highly underserved surrounding community. Located at 944 East Slauson Avenue in South Los Angeles, the $21 million development is situated on a 6.5-acre site, which was formerly used as a scrap-metal plant. Construction began in May 2013 and completed in April 2014
Westwood Financial Corp. Announces Joe Caputo & Sons Opens at Sanders Court
NORTHBROOK, Ill. /LOS ANGELES - June 30, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States and headquartered in Los Angeles, has announced that Joe Cap...
BH Properties Closes 100 Acre Land Transaction for $8.8 Million
INDIO, Calif. -- INDIO, Calif. - June 23, 2014 - (RealEstateRama) -- BH Properties LLC, a Los Angeles-based commercial real estate investment firm, has completed an $8.8 million transaction for approximately 100 acres of land located in Indio, California. The property, which was owned by Wells Fargo Bank, is located at 42nd Avenue and Monroe Street adjacent to Interstate 10.
Lee & Associates Closes Retail Sale of 215,000 Square Feet in Palmdale Marketplace
Torrance, CA - May 21, 2013 - (RealEstateRama) -- Senior Associate Jim Slaught of Lee & Associates Santa Barbara has closed the sale of 215,202 square feet of Palmdale Marketplace, a 500,000-square-foot power center at 39176-39340 10th St. West. T...
Lee & Associates Closes $3.7 Million Retail Sale
Torrance, CA - April 2, 2013 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed on the $3.7 million sale of a 2,200-square-foot retail property leased by 7-Eleven located at 7807 Balbo...
Nadel to Design 88,000 SF Upscale Shopping Village in Laguna Hills
Torrance, CA - November 12, 2012 - (RealEstateRama) -- Nadel Architects has completed the design for The Village at Nellie Gale Ranch, a shopping center in Laguna Hills, Calif. The renovation and expansion project has recently received entitlement to m...
Westwood Financial Corp. Purchases Carrollton Retail Center
Torrance, CA - November 2, 2012 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has purchased the 14,500-square-foot Carrollton Retail Center in Texas. Westwood closed the transaction ...
Lee & Associates Named Exclusive Reps for New Santa Monica Mixed-Use Project
Torrance, CA - October 15, 2012 - (RealEstateRama) -- Christine Deschaine of Lee & Associates LA North/Ventura Inc., one of the largest broker-owned and full-service commercial real estate firms in the country, has been named the exclusive leasing...
Nadel Architects-Designed Shopping Center Breaks Ground in South Gate
Torrance, CA - September 21, 2012 - (RealEstateRama) -- Construction has begun Azalea shopping center, a new 350,000-square-foot retail project on the northwest corner Atlantic Avenue and Firestone Boulevard in Southgate, Calif. Designed by Nadel Archi...