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Latest press releases in Restaurants
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  Panattoni Signs JCPenney to Join Home Depot at New $90 Million Retail Development in Chino, Calif.
Panattoni Development Company’s retail division, headquartered in Irvine, Calif., announced today that Plano, Texas-based JCPenney has signed a lease to open a 103,525-square-foot store at Rancho del Chino, Panattoni’s new $90 million retail development project, which is under construction in Chino, Calif. The 42-acre project, which also includes Home Depot, is expected to include an electronics retailer and office supply store as well as additional retail shops and restaurants. KTGY GROUP Names Stacy Stout as Marketing Director in New Denver Office
Award-winning KTGY GROUP, INC., Architecture and Planning, has added Stacy Stout as marketing director in the company’s recently opened Denver, Colorado office. In her new position, Stout is responsible for the region’s business development and marketing activities. The addition of Stout will provide KTGY with the local resources to more effectively reach out to existing and prospective clients in the region. Highland Development Plans New 84,500 SF Retail/Office Project in Bakersfield, Calif.
Highland Development Company, a subsidiary of The Marcus & Millichap Company and a dynamic retail and retail-driven mixed-use development company, announced that the company is developing an 84,500 sq. ft. retail/office project in Bakersfield, CA, one of the fastest growing cities in the U.S. at the southwest corner of Panama Lane and Wible Road. The new project, which will be anchored by an existing Walgreens, is expected to break ground in the summer 2007 and be completed by late 2007. Panattoni Begins Construction on New 450,000 Sq. Ft. Rancho del Chino Shopping Center in Chino, CA
Panattoni Development Company’s retail division, headquartered in Irvine, Calif., has begun construction on the 450,000-square-foot retail development project, Rancho del Chino in Chino, Calif. Upon completion, the project will consist of Home Depot, an electronics retailer, a department store and an office supply store as well as several shops and restaurants. Home Depot and 39,000 square feet of retail shop space are slated to open in January 2008. Coreland Companies Continues Expansion by Hiring Susan Szabo as Regional Real Estate Manager
Coreland Companies of Tustin, Calif., one of the largest privately held commercial real estate service companies based in California, recently named Susan Szabo to the position of Regional Real Estate Manager. Previously, she was General Manager for Pan Pacific Retail Properties. Szabo will be responsible for supervising the real estate management and operational activities of a portfolio consisting primarily of retail and mixed-use properties located throughout Orange County. Hanley Brown Group Represents Buyer in $7,400,000 Sale of Retail Center in Moreno Valley, Calif.
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 buyers and sellers in the sale of retail properties, announced today Jeremy S. McChesney and Eric L. Werner of Hanley Brown Group represented the buyer in the $7,400,000 sale of a new 20,494-square-foot multi-tenant retail center shadow anchored by Food 4 Less and located at 24430 Alessandro Boulevard in Moreno Valley, CA. The cap rate was 6.36%. The property was 100% occupied at the time of sale. Hanley Brown Group Awarded Two Prime Orange County Listings Valued at $24,350,000
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 of shopping centers, announced today it has been awarded the exclusive listings to market College Country Shopping Center in Huntington Beach, Calif. for $12,650,000 at a cap rate of 6.37% and Magnolia Point & Magnolia Center in Westminster, Calif. for $11,700,000 at a cap rate of 6.00%. Eric P. Wohl of Hanley Brown Group has been named the listing agent for both properties. Hanley Brown Group Represents Buyer in $4,995,000 Sale of Multi-Tenant Retail Center in Hemet, CA
Hanley Brown Group Real Estate Advisors announced today Eric P. Wohl of Hanley Brown Group represented the buyer in the $4,995,000 sale of Diamond Valley Shopping Center in Hemet, CA. Located at State Street and Stetson Avenue, the 57,818-square-foot shopping center consists of 2 buildings and is situated on 5.14 acres in Riverside County. The property was 83% occupied at the time of sale. Home Depot to Anchor Panattoni’s 450,000 Sq. Ft. New $90 Million Retail Development in Chino, CA
Home Depot has signed a Purchase and Sale Agreement with Panattoni Development Company for 9.2 acres with plans to open a 106,278-square-foot store plus a 34,760-square-foot garden center at Rancho del Chino, Panattoni’s new $90 million, 450,000-square-foot retail development project located on 42 acres at the NEC of Ramona Avenue and Chino Hills Parkway in Chino, CA. Home Depot plans to open fall 2007. Hanley Brown Group Represents Buyer & Seller in $1,533,333 Sale of Jack in the Box in La Mirada -- Record Low Cap Rate of 4.5%
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 properties, announced today Kevin T. Fryman of Hanley Brown Group represented the buyer and seller in the $1,533,333 sale of the fee simple ownership in the land leased to a single-tenant Jack in the Box fast-food restaurant. Built in 2000, the 3,100-square-foot single-tenant drive-thru restaurant at 13495 Beach Boulevard in La Mirada, CA sold at a record low cap rate of 4.50%. << 16 17 18 19 20 21 22 23 24 >>
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