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FYI, Bachie

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The below are tips and tidbits about local Los Angeles area retail real estate as well as related local and national news and trends. For your information, from one of our shopping center real estate development partners and experts, Sam "Bachie" Bachner.

Canyon Center – Soledad Cyn & Whites Cyn

19309 Soledad Canyon Road, Santa Clarita, CA 91351

 

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Freestanding retail building – former Conroy’s Flower’s location – available at the high-visibility intersection of Artesia Boulevard and Beach Boulevard in Buena Park.

 

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Rising Gas Prices a Boon to Discount Retailer Dollar General

by Sam BACHIE Bachner on May 17, 2012

By Jonnelle Marte,  Smart Money, June 2012

Frustrated by rising gas prices, consumers are patronizing discount retailers in growing number, a factor financial analysts point to as key component of discount retailer Dollar General’s surging stock price.

 

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April Completed Lease Transactions

by Sam BACHIE Bachner on May 16, 2012

The following is a breakdown of…

CBM’s top April Completed Transactions:

440 W. Arrow Hwy

Covina, CA

1,184 SQFT

Use: Harbor Freight

Tenant: Harbor Freight Tools USA

Landlord: SAFCO

Agents: Dave O’Connell & Michael Pakravan

 

10942 W. Pico Blvd.

Los Angeles, CA

1,800 SQFT

Use: Art Zone –afterschool children’s activities program

Tenant: Art Zone

Landlord: Veteran Pico Holdings

Agent: Michael Pakravan

 

16129 Hawthorne Blvd.

Lawndale, CA

1,119 SQFT

Use: Insurance office

Tenant: Summit General Insurance Inc

Landlord: Miracle Properties

Agent: Geoff Grossman

 

11036 Ventura Blvd.

Studio City, CA

850 SQFT

Use: Nail Salon

Tenant: Salinas

Landlord: Manchester Properties LLC

Agent: Alex Shabani

 

14622 Ventura Blvd.

Sherman Oaks, CA

3,200 SQFT

Use: Restaurant

Tenant: Coppola

Landlord: La Reina Place

Agent: Alex Shabani

 

8707 Lindley Avenue Unit B

Northridge, CA

760 SQFT

Use: Restaurant

Tenant: De Los Santos

Landlord: Elie’s Village LLC

Agents: Michael Pakravan & Dave O’Connell

 

1950 W. Florida

Hemet, CA

8,000 SQFT

Use: Gym

Tenant: Fitness 19

Landlord: 1950 W. Florida LLC

Agent: Dan Goldberg

 

CBM Orange County leasing agent Dan Goldberg booked four deals representing a successful tenant, European Waxing Center, who is currently expanding in the Orange County area. Below is breakdown of these four deals:

 

High profile shopping centers, situated in prime Orange County locations, including:

 

  • Brea Plaza, Brea – 1,258 SQFT –  Landlord: BPI Brea LLC – rep both sides
  • The Boardwalk, Costa Mesa – 1,320 SQFT – Landlord: DMP Properties –Colliers rep landlord
  • The Crossroads (owned), Irvine – 1,600 SQFT – Landlord: The Irvine Company –  rep both sides
  • Old Ranch Town Center, Seal Beach – 1,000 SQFT – Ranch Town Center Properties – Colliers rep landlord

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Rosecrans & Ocean Gate

5035 Rosecrans Avenue, Hawthorne, CA 90250

 

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Retail Chains Expanding in 2012

by Sam BACHIE Bachner on May 10, 2012

By Curt Hazlett, SCT, May 2012

Well here’s some good news for those of us in the retail biz:

several A+ national retail chains have announced plans to expand in 2012

The following list is a sampling of top-tier retailers from a comprehensive list published in the May edition of Shopping Centers Today (SCT):

Retail Chains Expanding in 2012

RETAILER      HEADQUARTERS    2012 OPENINGS       RETAIL SEGMENT

AutoZone       Memphis, Tenn.         50        Automotive

CVS     Woonsocket, R.I.        225      Drug Stores

Dollar General            Goodlettsville, Tenn.  625      Discounters & Dollar Stores

Dollar Tree     Chesapeake, Va.        320      Discounters & Dollar Stores

Edible Arrangements Wallingford, Conn.    150      Specialty & Craft Stores

Family Dollar Matthews, N.C.         500      Discounters & Dollar Stores

Fantastic Sams           Beverly, Mass.            60        Beauty Salons & Supplies

Fresh & Easy (Tesco)  El Segundo, Calif.      18        Grocery

Great Clips     Minneapolis    170      Beauty Salons & Supplies

O’Reilly Auto Parts    Springfield, Mo.         170      Automotive

Panda Express            Rosemead, Calif.        200      Restaurants

Petco   San Diego       50        Pet Supply Stores

Petsmart         Phoenix           50        Pet Supply Stores

Save-A-Lot     St. Louis, Mo. 80        Grocery

Savers/Village Value  Bellevue, Wash.          25        Discounters & Dollar Stores

Skechers          Manhattan Beach, Calif.       30        Footwear

Smart & Final Extra! Commerce, Calif.       10        Grocery

Sport Clips      Georgetown, Texas    120      Beauty Salons & Supplies

Starbucks        Seattle 400      Restaurants

Subway           Milford, Conn.           1100    Restaurants

Vitamin Shoppe, The North Bergen, N.J.     48        Specialty & Craft Stores

WinCo            Boise, Idaho    5          Grocery

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Retail or Office Space Available on Route 66 in Glendora

by Sam BACHIE Bachner on May 9, 2012

Route 66 / Elwood

910 Route 66, Glendora, CA 91740

 

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Two former medical offices and a former day spa available on Malibu Road in the entrance to Malibu Colony in Malibu.

 

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By Catherine Saillant, Los Angeles Times, April 30, 2012

Panorama City’s New Wal-Mart is a viewed by as vast improvement over the now vacant shopping center store fronts the mega-retailers new super-store will replace.

 

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By Fox Business, courtesy of Dow Jones Newswires, April 27. 2012

Yum Brands Inc (owners of  KFC, Pizza Hut and Taco Bell) announce plans to sell the physical real estate for hundreds of corporate owned properties to franchisees.

 

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