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Shopping Center

CALIFORNIA | LOCAL
February 9, 1995 | J.E. MITCHELL
A 39-acre Camarillo parcel will soon be the home of a 116,000-square-foot Target store after a vote of the city Planning Commission this week. The site, south of the Ventura Freeway and west of Las Posas Road, will also house several other large retailers and a handful of restaurants, according to Reed Henkelman, a vice president for CB Commercial, the firm that is coordinating the leasing arrangements for the shopping center.
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CALIFORNIA | LOCAL
March 22, 1997
After a long wait and a bitter fight over a few million dollars, Pasadena officials joined developers Danny Bakewell and Lonnie Bunkley on Friday in a ground-breaking ceremony for a shopping center. The Fair Grove Renaissance Plaza, a 5.1-acre project, is expected to serve as the "anchor of the northwest Pasadena community," Mayor William Paparian said.
NEWS
August 2, 1997
Construction is scheduled to begin soon on Long Beach's largest-ever retail project--a $100-million shopping center whose prime location on former naval land once triggered criticism from neighboring cities. New on ramps and off ramps from the nearby 605 Freeway remain to be built, but Phoenix-based Vestar Development Co. says it expects to break ground this month on the Long Beach Towne Center.
REAL ESTATE
January 13, 1985
A $7-million improvement and expansion program featuring the planting of citrus trees has been completed at East Anaheim Center, State College Boulevard and East Lincoln Avenue, Anaheim, and the shopping center has celebrated its "Grand Reopening." The project added 85,000 square feet of building area, bringing the center's current size to about 400,000 square feet, accommodating 60 retail stores, restaurants and services, along with parking for 1,600 cars.
CALIFORNIA | LOCAL
August 20, 2000
Re "Shopper Killed in Shootout at Van Nuys Costco," Aug. 14. When I read LAPD Lt. [Jim] Grayson's comment, "It was a totally wanton disregard for the welfare of the people who were out there," I agreed completely, although perhaps not in the sense the lieutenant intended. The armored car personnel who engaged those robbers in a gun battle in a crowded parking lot were extremely irresponsible. Whoever trained and / or instructed those personnel to "draw and shoot" when faced with armed robbers, regardless of the location or the presence of crowds of innocent bystanders, was equally negligent.
BUSINESS
March 9, 2011 | By Roger Vincent, Los Angeles Times
Real estate developer Rick Caruso said Tuesday that he has purchased the Golden Key Hotel in Glendale, clearing the way for an expansion of his Americana at Brand shopping center. Hotelier Ray Patel sold his 55-room inn to Caruso Affiliated for an undisclosed price and will continue to operate it as a tenant for the rest of the year, Caruso said. The transaction ends a standoff between Caruso and Patel, who previously rejected Caruso's $6-millon offer for the property. The hotel on Colorado Street and an adjacent former retail building Caruso bought earlier will be demolished to enlarge the mall.
BUSINESS
March 26, 2002 | Bob Howard
Passco Real Estate Enterprises Inc. bought Lancaster Commerce Center at Antelope Valley Highway 14 and Avenue K in Lancaster for $34 million from Lancaster Commerce Center California Partnership. The property is a 303,367-square-foot neighborhood retail center on 55 acres. Also, Passco sold a 60,230-square-foot portion of the 105,239-square-foot Lincoln Plaza shopping center at Lincoln and Van Buren in Riverside to Lincoln Investments Trust for $6.5 million.
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