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Latest press releases in Restaurants
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  Coreland Companies Lands 5 New Retail Leasing Assignments Totaling Over 428,000 SF; Another Stellar Quarter for Coreland
Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced that its Leasing / Sales Division was awarded five new retail leasing assignments in Southern California totaling more than 428,000 square feet during the first quarter of 2006 including Mission Foothill Marketplace in Mission Viejo, Carwood Center in Lakewood, Mountain Village Plaza in Chino, The Staples Shopping Center in San Bernardino, and Beach & Garfield East Center in Huntington Beach.
REP Commercial Negotiates 10 Leases Totaling Over 24,000 SF at Foothill Village in Fontana, CA
REP Commercial, Inc., a wholly-owned subsidiary of Real Estate Partners, Inc., announced today the company has negotiated 10 leases totaling over 24,000 square feet at the recently completed Foothill Village in Fontana, CA. The new 27,000-square-foot retail development, which was completed in February 2006, is located at the southeast corner of Foothill Boulevard and Redwood Avenue. Transcan Development Adds Staples, EasyLife Furniture, Hooter’s, Jason’s Deli; LA Fitness & Wickes to Open in Spring 2006
Transcan Development is under construction on Canyon Crossings, a 90-acre, $150 million retail/Class "A" development project at I-215 and Highway 60 in Riverside, CA. Anchored by Wal-Mart Supercenter, a 50,000-square-foot John’s Incredible Pizza, Wickes Furniture and LA Fitness, Transcan Development recently signed leases with Staples, EasyLife Furniture, Hooter’s restaurant, Jason’s Deli and Joey’s Seafood & Grill. Additional new tenants also include U Build It, Fresh Cleaners, Happy Nails, Verizon Wireless and Cingular Wireless. LA Fitness and Wickes will be the first tenants to open in spring 2006. Additional retailers and restaurants will open by the end of the year and in the first quarter of 2007. Hanley Brown Group Represents Seller in the $1.55 Million Sale of Wendy’s Restaurant in Riverside, CA
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of owners in the sale of retail shopping centers, announced today Edward Hanley of Hanley Brown Group represented the seller in the sale of a Wendy’s fast-food restaurant ground lease in Riverside, California. The 3,200-square-foot single-tenant drive-thru sold at 8745 Trautwein Road for $1,550,000 at a cap rate of 4.84%.
KTGY GROUP Selected as Architect for County Crossings 250-Acre Mixed-Use Project in Antioch, Calif.
Award-winning KTGY GROUP, INC., Architecture and Planning, was selected by Transcan Development, LLC of Alamo, Calif. as the architect for County Crossings, a 250-acre mixed-use development project located in Antioch, Calif. Situated at the intersection of Highways 4 and 160 in Contra Costa County, County Crossings is one of the largest remaining developable sites in the Bay Area offering freeway frontage. County Crossings is planned to feature approximately 1,200,000 square feet of retail, 250,000 square feet of office, a transit oriented residential village, and a proposed Light Rail BART Station, which will sit at the nexus of the project. The retail component will include large anchor tenants and major retailers, specialty shops, restaurants and cafes plus a neighborhood component. Wilson Commercial Negotiates Lease for Tuesday Morning at the Lakewood Marketplace plus Two Other Leases in So. CA
Wilson Commercial Real Estate of Los Angeles, the largest landlord representative brokerage firm representing institutional and professional retail property owners on an exclusive basis in the Southern California marketplace, announces that the company negotiated the following leases: Coldstone Creamery signed a 10-year lease for 1,500 square feet for a total consideration of approximately $483,750 at Ladera Center in Ladera Heights; Tuesday Morning signed a 5-year lease for 9,500 square feet for a total consideration of approximately $638,400 at Lakewood Marketplace I in Lakewood; and Furniture Valley signed a 7-year lease for 9,270 square feet for a total consideration of approximately $1,135,760 at Mountaingate Plaza in Simi Valley. Hanley Brown Group of Irvine Represents Buyer in Purchase of Multi-Tenant Strip Center in Fullerton, Calif. for $2,150,000
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of owners in the sale and purchase of retail properties, announced today that Joseph Lising of Hanley Brown Group represented the buyer in the $2,150,000 purchase of a 13,050-square-foot multi-tenant strip center located at the northeast corner of State College Boulevard and Orangethorpe Avenue in the City of Fullerton, Calif. Panattoni Names New 42-Acre Retail Project in Chino, CA “Rancho del Chino”
Panattoni Development Company, LLC announces the name of its new 42-acre retail project in the Inland Empire, one of the fastest growing regions in the country. Situated at the northeast corner of Ramona Avenue and Chino Hills Parkway in Chino, the project has been aptly named “Rancho del Chino” and is expected to encompass approximately 350,000 square feet of retail space and include nationally recognized large format retailers, fashion-oriented and home furnishing stores, specialty shops, restaurants and cafes. Panattoni also plans to build up to approximately 328,000 square feet of office and light industrial space on an additional 18 acres on the northeast side of the property.
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