Smart & Final Extra!, a new concept store by Smart & Final that expands the space and services of the company’s brand, has signed a long-term, $13.9 million lease for 42,200 square feet in the Lemon Grove Plaza, located at 2021 N. Oxnard Blvd., Oxnard.
The Ontario office of Lee & Associates, the largest broker-owned commercial real estate firm in the nation, has announced that Jonathan Selznick, a retail investment specialist who focuses on the acquisition and disposition of shopping centers in Southern California, has joined its office in Ontario
NAI Capital Has Retained Exclusive Representation for Primero Management Shopping Centers Nationwide
NATIONWIDE - January 16, 2012 - (RealEstateRama) -- Bennard Gillison, Senior Vice President with NAI Capital’s Corporate Headquarters in Encino, CA, has been retained as the exclusive broker for Primero Management Incorporated. Primero Management is a National owner and operator of Class A and B type shopping centers. This exclusive agreement adds over 1 million square feet of leasable space to the portfolio of retail shopping centers represented by NAI Capital and NAI Global
Torrance, CA - January 10, 2012 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the U.S., is reporting one of its most successful years in its 40-year history with more than $172 million in acquisitions and dispositions in 2011. In total WFC completed 67 transactions in 2011, including five core acquisitions, 10 value-add acquisitions, five core dispositions and 47 value-add dispositions. The transactions were in 24 states. Over the past two years Westwood Financial Corp. has closed 14 value-add transactions for $60 million and is actively looking to reach its $100 million goal. In addition, the Los Angeles-based firm had an increase in its shopping center portfolio, particularly in the Southeast, which brings its ownership and management of more than 100 shopping centers and retail properties in 24 metropolitan markets.