3/23/2009

Grubb & Ellis set to market four LA retail centers totaling 400,000sf

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Grubb & Ellis Co. has been named the exclusive leasing agent for three shopping centers in Long Beach, Calif. and one in Cerritos, Calif., totaling approximately 400,000 square feet, on behalf of their owner, Bixby Land Company.

Terrison Quinn, Mark Baziak and Peter Spragg,all with Grubb & Ellis' Newport Beach office, will manage leasing for the four centers.

The three Long Beach centers are located in the densely populated area near the Traffic Circle, a roundabout at the intersection of Lakewood Boulevard, Pacific Coast Highway and Los Coyotes Diagonal.

-Vons Circle Center is a 150,000-square-foot center bounded by Ximeno Avenue, Atherton Street and Los Coyotes Diagonal. Anchors include Vons, Rite Aid and Ross Dress for Less. Available shop spaces range from 2,000 to 2,392 square feet.

-Located across the street from Vons Circle Center is Circle Center West. The 65,000-square-foot center is also bounded by Ximeno Avenue, Atherton Street and Los Coyotes Diagonal. Anchors include Marshalls and In-N-Out Burger. There is one 1,400-square-foot shop space available.

-Circle Center, which encompasses 80,000 square feet, is located at the intersection of Lakewood Boulevard and Los Coyotes Diagonal. Anchors include Ralphs and CVS. Available shop spaces range from 780 to 2,880 square feet.

-Lincoln Station is a 92,000-square-foot property located at 11900 South St. in Cerritos. Anchors include Sports Authority, Leslies Pools and Washington Mutual. Available shop spaces range from 1,090 to 2,392 square feet.

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Filed Under: Retail

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