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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.

Real Estate Transactions

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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Long Beach Boulevard and 10th Street Sales Transaction

by Sam BACHIE Bachner on December 13, 2011

Chase Bank Location at the intersection of Long Beach Boulevard and 10th Street in Prime Long Beach recently sold for $3,615,000.

Approximately 5,000 SQFT newer construction Chase Bank occupied single-tenant freestanding building, located at 940-46 Long Beach Blvd. in prime Long Beach location.  Rick Rivera of Centers Business Management (CBM) represented both buyer (private investor) and seller (Heritage Equities LLC).

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Sepulveda and Crenshaw Shopping Center Sales Transaction

by Sam BACHIE Bachner on November 17, 2011

Saehan Bank anchored strip center at the intersection of Sepulveda and Crenshaw in prime Torrance recently sold for $4,175,000.

Approximately 7,300 SQFT, newer construction center located at 22501 Crenshaw Boulevard in Torrance, featuring A+ national and regional tenants including Super Cuts, T-Mobile and Saehan Bank. Rick Rivera of Centers Business Management (CBM) represented both Buyer (Dimeh LLC) and Seller (Sepulveda & Crenshaw LLC).

 

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