SAN DIEGO – Construction has commenced on The Headquarters, a $40-million, adaptive re-use and renovation of the Old Police Headquarters building in San Diego’s Seaport District. The new project will transform the building into a 100,000-square-foot retail, dining and entertainment destination. The space is located at 525 Pacific, adjacent to Seaport Village. The property was originally developed in 1939 and served as the San Diego Police Headquarters until 1987. The Headquarters is scheduled for completion in fall 2013. It is being developed by Terramar Retail Centers and built by Legacy Building Services.
Western
PHOENIX – The Consulate General of the United Mexican States has signed a five-year lease for 24,216 square feet of office space at McDowell Corporate Center in Phoenix. The Mexican Consulate is expanding and relocating from a building near 15th Avenue and West Camelback Road. It will occupy about 70 percent of McDowell Corporate Center. The Consulate was represented by Tivon Moffit of Colliers International in Phoenix. The landlord, Abart Properties 26 LLC, was represented by Luke Walker and David Carder of CBRE’s Phoenix office.
SAN FRANCISCO — Kilroy Realty Corporation (KRC)has announced its plan to build a $200-million, 400,000-square-foot office building in San Francisco’s South of Market (SOMA) district. The 0.43-acre development site, which is located at 350 Mission Street, was purchased by KRC for $52 million. The 27-story tower is being designed by Skidmore, Owings & Merrill LLP. It is targeting LEED-Platinum certification. If successful, it will be the first ground-up commercial development inSan Franciscoto achieve this feat. The building is slated for completion in early 2015. Christopher Roeder,David ChurtonandTed DaviesofJones Lang LaSallewill act as the project’s listing brokers.
ONTARIO, CALIF. – Cardenas Markets has signed a 10-year lease for 263,000 square feet in Ontario. The space is located at 2501 East Guasti Road. It is within a 420,000-square-foot, multi-tenant industrial building. The new lease will allow Cardenas to expand its headquarters and distribution operations, which currently resides in a 420,000-square-foot space in Ontario. The landlord, MK Associates LTD, was represented by Joe Miller of Voit Real Estate Services. Miller worked with Mike Leifer of Palmieri, Tyler, Wiener, Wilhelm & Waldron on land-use issues, as well as with Ruben Goodsell, Peter McWilliams and Michael McCrary of Jones Lang LaSalle on the marketing assignment.
LAS VEGAS – Robert Graham has signed a lease to open a branded retail store at the Fashion Show Mall in Las Vegas. The store will offer the full Robert Graham collection. The Robert Graham store is set to open in spring 2013.
SAN FRANCISCO — Kilroy Realty Corporation (KRC) has announced its plan to build a $200-million, 400,000-square-foot office building in San Francisco’s South of Market (SOMA) district. The 0.43-acre development site, which is located at 350 Mission Street, was purchased by KRC for $52 million. The 27-story tower is being designed by Skidmore, Owings & Merrill LLP. It is targeting LEED-Platinum certification. If successful, it will be the first ground-up commercial development in San Francisco to achieve this feat. The building is slated for completion in early 2015. Christopher Roeder, David Churton and Ted Davies of Jones Lang LaSalle will act as the project’s listing brokers.
ONTARIO, CALIF. – Cardenas Markets has signed a 10-year lease for 263,000 square feet in Ontario. The space is located at 2501 East Guasti Road. It is within a 420,000-square-foot, multi-tenant industrial building. The new lease will allow Cardenas to expand its headquarters and distribution operations, which currently resides in a 420,000-square-foot space in Ontario. The landlord, MK Associates LTD, was represented by Joe Miller of Voit Real Estate Services. Miller worked with Mike Leifer of Palmieri, Tyler, Wiener, Wilhelm & Waldron on land-use issues, as well as with Ruben Goodsell, Peter McWilliams and Michael McCrary of Jones Lang LaSalle on the marketing assignment.
LAS VEGAS – Robert Graham has signed a lease to open a branded retail store at the Fashion Show Mall in Las Vegas. The store will offer the full Robert Graham collection. The Robert Graham store is set to open in spring 2013.
SURPRISE, ARIZ. — The Boulevard At Surprise Pointe, a 141,507-square-foot specialty/entertainment shopping center in Surprise, has sold to CIRE Investments for $17.5 million. The center is located on the southeast corner of Waddell and Litchfield Roads. It is 62 percent leased. Its anchors include Ultra Star Cinemas, Walgreens and Uptown Alley Entertainment Center. The Boulevard features eight strip-retail buildings and six land pads for future development. The seller, Karlin Real Estate, was represented by Ryan Schubert and Michael Hackett with Cassidy Turley Arizona’s Capital Markets Group. Brad Douglass and Chris Hollenbeck of Cassidy Turley Arizona’s Retail Group will act as the center’s leasing agents.
GARDEN GROVE, CALIF. – A 125,000-square-foot industrial building in Garden Grove has sold to Ranger West Two, LLC for $12.7 million. It is located at 12101 Western Ave. Ranger West was represented by Peter Castleton of Voit Real Estate Services and Todd Clarke of Kidder Matthews. The seller, 12101 LLC, was represented by Tim Arguello of Lee & Associates – Newport Beach.