Retail - Los Angeles

JLL Adds 1.3 MSF to CA Management Portfolio
Cypress Equities purchased Burbank Town Center two years ago and Glendale Marketplace in 2013. The company invested $60 million in the renovation of the first retail asset.
Retail
JV to Transform LA Mall into Office Property
Hudson Pacific Properties and Macerich will redevelop 500,000 square feet of Westside Pavilion into creative office space, reserving 100,000 square feet for its existing entertainment retail space.
Office
Abbey Nails Down $229M Bridge Funding on Retail Portfolio
Represented by law firm Sklar Kirsh, the company recapitalized a 27-property portfolio in California. The assets total 2.1 million square feet of space scattered across Los Angeles, Orange, Riverside, San Bernardino, Fresno and Kern counties.
Retail

  • Faris Lee Arranges Sale of Retail Center in CA

    Southwood Village, a 66,958-square-foot facility in Torrance, Calif. traded to a private 1031-exchange buyer, based in the South Bay. The asset changed hands for $21 million.

    16 February 2018 16:13

  • Toyota Dealership Debuts in Downtown LA

    Trammell Crow Co. has developed the new 302,000-square-foot facility, which features vertical integration of dealership elements and represents the first below-grade service department for Toyota.

    07 February 2018 10:23

  • Forest City Sheds 1.2 MSF Shopping Mall

    The company sold the Los Angeles-area asset to QIC as part of a 10-mall portfolio transaction expected to close this year.

    30 January 2018 08:45

  • Friendly Hills Marketplace in CA Sells for $40M

    CBRE and NRP-West brokered the sale on behalf of the seller, Oppidan Inc. CBRE has also arranged an acquisition loan for the buyer.

    29 January 2018 16:12

  • ShopOne Enters CA Retail Market

    The company acquired McKinley Crossroads, a 202,134-square-foot retail center in Corona, Calif. Plans include the renovation of the center.

    09 November 2017 15:18

  • NewMark Merill Buys Placentia Town Center in CA

    CBRE supported the buyer and Newmark Knight Frank represented the seller in the deal. NewMark Merill owns a portfolio of more than 78 shopping centers in Colorado, Illinois and California.

    07 November 2017 15:11

  • U.S. Realty Snags $57M CA Shopping Center

    The 334,939-square-foot Murrieta Town Center, a value-add community shopping center in Murrieta, Calif., is currently 81 percent leased. HFF represented the seller in the transaction.

    07 November 2017 13:57

  • LA-Area Retail Center Sells for $38M

    Weingarten Realty sold the 92,000-square-foot retail asset. More than half of its tenants are entering their 22nd year of contract. NKF represented the seller.

    30 October 2017 11:41

  • HFF Brokers Suburban LA Shopping Center Sale

    Located in Burbank, the 165,500-square-foot Plaza Del Sol’s unique mix of property types, full tenant roster and desirable ethnic grocery anchor proved a strong draw for investors.

    27 October 2017 10:59

  • Canyon Square Plaza Trades for $23M in Santa Clarita

    Kimco Realty REIT sold Canyon Square Plaza to a private high-net investor. The occupancy rate of the property was 96 percent at the time of the sale.

    13 October 2017 14:33

  • Westfield to Debut $1B Century City Redevelopment in LA

    With its big-ticket beautification process coming to a close, the 1.3 million-square-foot shopping center will have a grand opening on Oct. 3, presenting visitors with an additional 422,000 square feet of retail space, new outdoor plazas and a host of unique offerings, including the world’s first permanent Uber Lounge.

    29 September 2017 10:32

  • From Classic Retail Center to Experiential Shopping Destination

    Improvements brought to HHLA, a shopping mall in Westchester, Calif., is illustrative of how retail centers across the nation are turning into live-work-play destinations fostering a sense of community.

    28 September 2017 15:33

  • InvenTrust Acquires $115M LA Shopping Center

    The 275,000-square-foot River Oaks shopping plaza features tenants such as Target, buybuyBaby, Total Women Gym & Spa, Big 5 Sporting Goods, Sprouts, ULTA and Pier 1 Imports.

    20 September 2017 16:37

  • Hanley Brokers Well-Anchored Retail Center Deal

    The 42,134-square-foot shopping center is located in Santa Clarita, Calif., and boasts a 96 percent occupancy. The anchor tenant is a CVS store with a stand-alone drive-thru pharmacy.

    06 September 2017 16:26

  • NewMark Merrill Adds New VP

    The shopping center owner and manager hired Quang Nguyen as vice president of marketing and technology. Nguyen brings 17 years of experience to the company.

    28 August 2017 16:09