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Camarillo retail center’s new owners plot big improvements

By   /  Friday, December 13th, 2013  /  Columns, Real Estate  /  Comments Off on Camarillo retail center’s new owners plot big improvements

The buyer of the Camarillo Plaza shopping center was a joint venture between Peter Cohen of Cardinal Equities LLC and a Beverly Hills-based family partnership.

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Investors happy to pay retail for prime shopping properties

By   /  Friday, December 6th, 2013  /  Latest news  /  Comments Off on Investors happy to pay retail for prime shopping properties

There were no Black Friday markdowns on prime retail buildings in the Tri-Counties. In recent weeks, two high-profile retail properties have changed hands in deals totaling more than $31 million.

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HomeGoods signs $3.4M lease in SLO

By   /  Wednesday, December 4th, 2013  /  Central Coast, Real Estate, Tri-County Economy  /  Comments Off on HomeGoods signs $3.4M lease in SLO

Retail chain HomeGoods has signed a 10-year lease valued at $3.4 million at the Irish Hills Plaza in San Luis Obispo. It will replace OfficeMax in the 20,059-square-foot space.

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Marshalls building on State Street sells for $14.3M

By   /  Tuesday, December 3rd, 2013  /  Real Estate, South Coast, Top Stories  /  1 Comment

The Marshalls-occupied building at 900 State St. in downtown Santa Barbara has been sold for $14.3 million in an all-cash off-market deal, marking a 43 percent premium over the last time the property changed hands.

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Target store in Westlake Village takes aim at mid-2014 opening

By   /  Friday, November 29th, 2013  /  East Ventura County, Real Estate, Tri-County Economy  /  Comments Off on Target store in Westlake Village takes aim at mid-2014 opening

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The new Black Friday: Small businesses rely on Saturday promotion to boost sales

By   /  Friday, November 22nd, 2013  /  Small Business, Tri-County Economy  /  Comments Off on The new Black Friday: Small businesses rely on Saturday promotion to boost sales

Small businesses throughout the Tri-Counties will offer their own promotional events and discounts as part of the most recent addition to the holiday shopping calendar, Small Business Saturday.

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Camarillo Plaza sells for $17.8M out of bankruptcy

By   /  Tuesday, November 12th, 2013  /  Real Estate  /  1 Comment

The bankrupt Camarillo Plaza community shopping center has been sold to an undisclosed Beverly Hills buyer for $17.8 million after receiving 20 separate offers.