LOS ANGELES, CA, Oct. 20, 2017 (GLOBE NEWSWIRE) — National Vision Holdings, Inc. (“National Vision”), one of the nation’s largest optical retailers Read more
LOS ANGELES, CA – August 2, 2017 – In connection with a complete renovation of the shopping center, Food 4 Less has invested significant capital to upgrade its store and cement its future at Western Plaza Shopping Center. Read More
OAKLAND, CA – May 15, 2017 – Shoe Palace opens its doors at Foothill Square Shopping Center with grand opening celebration. Watch the Grand Opening
LOS ANGELES, CA – February 1, 2017 – Dunkin Donuts opens brand new store at the corner of Western Ave. and Venice Blvd.
A joint venture between Western Avenue Capital and Northstar Enterprise Opportunity Fund I, LP announced that it has acquired Foothill Square Shopping Center, a 120,000 square foot anchored retail center in Oakland, CA. The well-established property was originally developed in 1962 and underwent a major renovation between 2013 and 2016 whereby the property was significantly … Read More
LOS ANGELES, CA – April 22, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured financing for Canyon Springs Hospital, a 57,479-square-foot intermediate care inpatient facility in Cathedral City (Palm Springs), California. HFF worked on behalf of Western Avenue Capital to arrange the 10-year, fixed-rate loan through Rabobank, N.A. Loan proceeds … Read More
A joint venture between Western Avenue Capital and ALTO Real Estate Funds announced that it has acquired American Fork Shopping Center, a 148,180 square foot anchored retail center in American Fork, UT, a suburb of Salt Lake City, UT. The acquisition price equates to a mid-8% going-in cap rate, providing mid-teens cash on cash returns … Read More
Nationwide Life Insurance Co. has provided a $21 million loan against Western Plaza, a 115,341-square-foot retail property in Los Angeles. The 10-year loan was arranged by HFF. The property, at 1645-1717 Western Ave., is owned by Western Avenue Capital of Los Angeles. It is fully leased by tenants that include CVS, Anna’s Linens and Food … Read More