Prune Tree Shopping Center
Northeast Corner of U.S. Hwy 101 and Vierra Canyon Road, Prunedale, California
Located on Vierra Canyon Road adjacent to the intersection of the 101 Freeway and 156 Freeway interchange. A 133,000 square foot neighborhood shopping center anchored by Safeway, CVS, McDonalds and AutoZone.
Located at the NEC of North Shaw Avenue and Valentine Avenue. A 77,000 square foot building anchored by Dick’s Sporting Goods and adjacent to Home Depot (NAP), Smart & Final (NAP), and PetsMart (NAP) in the Arbor Faire Shopping Center.
Purchased a defaulted note through CRIIMI MAE and simultaneously negotiated a deed-in-lieu agreement with the borrower to acquire title to the property. Subsequently sold the property six months later for $2.5M more than the acquisition cost (prior to executing the redevelopment plan).
Renovation and expansion project.
Purchased existing 50% vacant center from RREEF. Completed rehab of center including re-entitlement, expansion, leasing and construction.
Renovation and expansion project.
Land entitlement and sale. Purchased raw land and processed parcel map. Entitled property and sold individual parcels to end users.
Renovation project. Purchased existing shopping center with Chinese market. Negotiated termination of market lease and completed rehab of center including re-entitlement, leasing and construction.
Huntington Drive, Duarte, CA
Purchased existing retail property and replaced local tenants with chain tenants.
Tujunga, CA
Purchased former Footlocker building and converted to a Chief Auto Parts store.