John Cumbelich & Associates

My Corona: A Retail Adaptation

By John Cumbelich The past year was a trial by combat in the scorched earth environment of the commercial real estate industry.  The government-mandated closure of retail and dining establishments...
Concord, The Veranda, CenterCal Properties, East Bay

Concord’s Veranda Retail Center Signs Up Five New Tenants

Over 9,000 square feet of new “medtail” and other mixed-use retail leased mid pandemic CONCORD, CA - (April 12, 2021) –  With four new tenants joining the mix this spring, The Veranda...
Cupertino, The Ida Group, Marcus & Millichap, San Francisco, CORT Furniture, Kiddie Academy, Valco Town Center

Cupertino Retail Property Hits Market with Offering Price of $16.5MM

By Jon Peterson A private owner has placed on the market for sale an existing multi-tenant retail property that is located at 19875 Stevens Creek Boulevard in Cupertino. The offering...
1270 Bush San Francisco Paceline Investors Newmark SMITH Group The Concord Group Mark Geistreiter Seth McKinnon

Paceline Investors Places Senior Housing Development Site in San Francisco up for Sale

By Jon Peterson San Francisco-based Paceline Investors has put up for sale a senior housing development site in San Francisco located at 1270 Bush Street. No pricing guidance on the...
Gateway 101 East Palo Alto JLL Regency Centers Corporation Peninsula Silicon Valley

East Palo Alto Retail Center Trades for $53MM

JLL Capital Markets completed the sale of East Palo Alto retail center leased to resilient investment-grade tenants LOS ANGELES, May 20, 2021 – JLL Capital Markets announced today that it has closed...
Orton Development, San Jose, Harold K.L. Castle Foundation, Lowe’s Pier 70, Henry J. Kaiser Center, Oakland, San Francisco

Orton Development Buys San Jose Retail Center Land for $41.75MM

By Meghan Hall A developer that specialize  in large-scale projects across the Bay Area has made a strategic purchase, acquiring the land beneath a retail center in San Jose....
Trader Joe’s, Walnut Creek, Preserve West Capital, Loja Real Estate, Sansome Pacific Properties, San Francisco

Preserve West Capital Sells Trader Joe’s-Anchored Property in Walnut Creek for $14MM

(EDITOR’S NOTE: According to public documents, the sale closed on April 23, 2021 for a price of $14,153,000, or just over $554 per square foot.) WALNUT CREEK, Calif. — Preserve West...
Rubicon Point Partners, San Francisco, Bay Area, Seattle, Puget Sound, Pacific Northwest, Pennsylvania State Employees Retirement System, Rubicon First Ascent, Rubicon First Ascent Sidecar, California Public Employees Retirement System, CalPERS

The Power of Pent-Up Demand: Industry Experts Predict Comeback for Retail in 2021

By Catherine Sweeney After a difficult year amid the COVID-19 pandemic, industry experts reported retail nationwide is appearing to make a comeback. During a webcast hosted by brokerage firm Marcus...
Ares Management Corporation, Black Creek Group

Ares Management Corporation Announces Agreement to Acquire Black Creek Group

LOS ANGELES--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real...
REI, Northern California, Mountain View, Sunnyvale, Northern California

REI Co-op to Relocate Mountain View Store to Sunnyvale in Fall 2021

New location positions the co-op to better serve the South Bay community, offering a broader assortment of quality outdoor gear and expertise through a larger space REI Co-op, the specialty...

Industry Contributors