G E N E R A L

Retail Property Prices Did Not Fluctuate Wildly in Recession

CoStar的報告稱，購物商場的價格在經濟不景氣期間僅下探不到20%，並未出現大幅波動

Commercial real estate property prices are no longer at the bottom of the cycle, but they also haven't reached the peaks seen in 2007, according to the CoStar Commercial Repeat Sale Indices. Retail and apartment properties did not dip too much during the recession, CoStar also reports. These properties tended to decline by less than 20% and now are only less than 10% below the earlier highs.

Grubb & Ellis Faces Uncertain Future

申請破產保護的商業地產公司Grubb & Ellis將被經紀公司BGC收購，前途未卜

The acquisition by fast-growing BGC may be 'highly complementary' with Newmark Knight Frank but they must deal with a legacy of past financial woes.

US Strip-Mall Vacancy Falls 1st Time in 7 Years

美國購物商場空置率7年來首度下降，由去年第四季度的11%降至10.9%

Retail vacancy rates dipped in Q1 for the first time in seven years, Reis reports. Preliminary figures show vacancies dropped to 10.9% from 11% in Q4 2011.

Retailers Seek Small Spaces as Big Boxes Decline

網路購物促使大型零售商縮小店面，預計較小空間的店鋪將大受歡迎

As the fate of the big-box stores hangs in the balance, commercial real estate professionals may soon see more demand for smaller spaces. Online shopping has taken a bite out of big-box stores, forcing some such as Circuit City to close altogether. Even successful big boxes such as Wal-Mart and Target are downsizing in some areas. "The effect on the commercial market is that I think we'll see more interest in small spaces and less on big spaces. And we may see more interest in warehousing.

Best Buy Closing 50 Big Box Stores in 2012

電器銷售商Best Buy 將在2012年關閉50間大型店鋪，增開百間專營手機產品的小型店鋪

The company intends to remodel key stores and to continue to build out the successful Best Buy Mobile small format stores throughout the U.S. by opening as many as 100 smaller format stores.

Pressed From All Sides, Toys 'R' Us Fights to Reinvent Itself

四面楚歌的連鎖玩具零售商Toys R Us 進行自我改造

Increased competition from brick-and-mortar rivals, including Wal-Mart Stores, and online giant Amazon ate into holiday sales at Toys R Us. The 1,500-store chain is working to reinvent itself.  This is a very crucial year for [Chairman and CEO] Jerry Storch and Toys R Us -- there have been expectations for them going public, and it hasn't happened yet.

Franchising is Key to Denny's Growth

餐廳品牌Denny's依靠特許加盟商快速增長

Denny's has added 50 new franchisees since 2007, and the casual chain aims to operate eventually with 90% franchised units and only 10% corporate stores. The 59-year-old company also is focused on building a bigger base of nontraditional restaurants as part of a diversification strategy launched in partnership with Flying J two years ago.

Linking Store and Web Inventory is Key for Walgreens

緊密聯結實體店和網路商店的存貨是藥妝店Walgreens的成功關鍵

Linking inventory from Walgreens' 8,000 brick-and-mortar stores to the chain's website had been a challenge, but one that's paid off in increased foot traffic, says vice president Ron Kelly. "What retailers are learning is that people use the web for information, but still, a vast majority of people spend most of their money in our stores.

U.S. Apartment Vacancy Rate Falls to Decade Low

第一季度美國公寓空置率降至4.9%，為十年來最低點

The first-quarter apartment vacancy rate in the U.S. fell to its lowest figure in more than 10 years, according to data provider Reis. The overall vacancy rate declined to 4.9%, the lowest level since the fourth quarter of 2001, the company said. Also, apartment rents increased by the biggest amount in four years.

Rising Rates: Some Business Owners Face Increase

貸款利率上揚，一些小企業主面臨更高償貸壓力

Wells Fargo is raising its interest rates on credit lines by 2.5 percentage points for some of its small-business customers. Small-business owners are in a tough spot, said Pepperdine University finance professor John K. Paglia. "Those who have funding are grateful. In this environment, they have to hold on to it," he said.

Small Businesses Face Tougher Standards for Loans

小企業貸款門檻升高

Lenders are looking for higher revenue and profit levels when approving loans these days, and medium-sized businesses are most likely to have success finding credit, says Jeff Stibel, CEO of Dun & Bradstreet Credibility. Having survived the recession isn't enough to secure a loan, he said. But for those businesses that do obtain loans, terms are longer than in the past few years, and interest rates remain low.

 

Consumer Money Rates (Mortgage Rate, Prime Rate, etc.)

消費者市場利率：房貸、基本利率、等等

 

San Gabriel Office/Retail

聖蓋博獨棟商用物業

• Best offer
• Owner-user / redevelopment opportunity
• Commercial zoning
• Building size: 5,000 SF
• Lot size: 27,000 SF 

Major Rowland Heights Shopping Center

大型羅蘭崗購物商場

• Best offer
• GLA: 59,151 SF
• Irreplaceable Location in New Asian Hub
• Highly Maintained
• Stable Income Property Ideal for 1031 Exchange

Santa Ana Preschool/Redevelopment Opportunity  [In-

橙縣幼稚園/重新開發機會

• Huge redevelopment potential
• Large lot in an infill area (29,000 SF)
• Excellent location and exposure 
• Outstanding freeway access

Crenshaw Retail Center [Back on Market]

洛杉磯購物商場

• Long term anchor tenants El Pollo Loco and Subway 
• NNN leases 
• Corner location
• 10,400 SF GLA

Profitable Downtown Los Angeles Business [Coming Soon]

高盈利洛杉磯市中心商業【即將上市】

Yes Plaza, Rowland Heights

• 645 - 3,100 SF
• Negotiable
• 3 Spaces
• 58,921 SF GLA
• Neighborhood Center 

Market Circle at Covina

• 910 - 3,219 SF
• $12 /SF/Year
• 4 Spaces
• 16,740 SF GLA
• Strip Center

University Center

• 1,000 SF
• Negotiable
• 1 Space
• 7,766 SF GLA
• Strip Center

La Habra Plaza

• 543 - 2,010 SF
• $18 /SF/Year
• 4 Spaces
• 7,595 SF Bldg
• Street Retail

Edison Promenade

• 944 - 6,306 SF
• Negotiable
• 10 Spaces
• 30,377 SF GLA
• Power Center

Valley Plaza

• 710 SF
• $25.80 /SF/Year
• 1 Space
• 7,166 SF Bldg
• Street Retail

Crenshaw Plaza

• 913 - 1,285 SF
• $18 - $19.80 /SF/Year
• 2 Spaces
• 8,460 SF GLA
• Strip Center

Rowland Heights Plaza

• 1,100 - 3,227 SF
• $18.60 - $27 /SF/Year
• 4 Spaces
• 24,550 SF GLA
• Neighborhood Center

San Pedro Center

• 1,665 SF
• $11.88 /SF/Year
• 1 Space
• 16,464 SF Bldg
• Street Retail

Richer Plaza, San Gabriel

• 696 - 1,482 SF
• $21 /SF/Year
• 2 Spaces
• 8,704 SF GLA
• Strip Center

STC Plaza

• 961 SF
• $36 /SF/Year
• 1 Space
• 13,269 SF GLA
• Neighborhood Center

Lakewood Town Center

• 640 - 1,600 SF
• $17.40 /SF/Year
• 3 Spaces
• 1,600 SF GLA
• Strip Center

Wilmington Plaza

• 980 - 1,500 SF
• Negotiable
• 2 Spaces
• 5,835 SF Bldg
• Street Retail

Season's Place

• 1,759 - 2,307 SF
• Negotiable
• 2 Spaces
• 80,000 SF GLA
• Power Center

Whitter Plaza

• 1,625 SF
• $15 /SF/Year
• 1 Space
• 1,625 SF Bldg
• Retail (Other)

Gardena Plaza

• 1,493 SF
• $12 /SF/Year
• 1 Space
• 1,300 SF GLA
• Strip Center

Warm regards,

Investment Division

STC Management, AMO

10722 Beverly Blvd, Suite A | Whittier, CA 90601

(562)695-1513   

www.stcmanagement.com

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