G E N E R A L

L.A. Port Sees Strong April Activity

四月洛杉磯港口吞吐量猛增，超歷史同期

Both imports and exports grew by double digits to give the port its biggest April ever. More than 707,000 containers moved through the port, up from 617,000 last year.

Port of Long Beach Begins $1.2B Redevelopment Project

長灘港口耗資12億美元的開發項目啓動

$1.2 billion project that will connect and upgrade two old shipping terminals and transform California's Port of Long Beach into a "port of the future" held a groundbreaking ceremony on Monday. The Middle Harbor Redevelopment Project, which is projected to take 10 years to finish, aims to increase cargo capacity, allow larger ships and reduce pollution.

Regency Centers Sells California Retail Property

Regency Centers以620億元的價格售出位於 San Pedro近20萬平方公尺的 Park Plaza

Regency Centers has sold the 199,666-square-foot Park Plaza in San Pedro, Calif., for $62 million. They saw an opportunity to take advantage of positive market momentum and lack of quality retail investment offerings by disposing of a well-positioned, prominently anchored asset in a core infill market.  A First Washington Realty affiliate was the winning bidder out of 20 firms that sought to acquire the retail center.

Gardena Shopping Center Sells for $8.3 Million

Gardena 購物商場以近830萬元的價格被售出

Redondo Garp LLC acquired a shopping center in Gardena, CA, anchored by Smart & Final for nearly $8.28 million or $296 per square foot.

Foreclosure Activity Declines Hurting Investors

法拍屋買賣活動減少，影響投資者收益

Wal-Mart Thinks Small For Urban Minimart Concept

大型連鎖超市Wal-Mart欲推廣小型便利店規模店面但困難重重

Wal-Mart is feeling some growing pains in its effort to scale down for its fledgling Wal-Mart Express concept, analysts say. Thinking small may be the trickiest part, as the retailer works to customize its supercenter assortments and pricing for the smaller footprint.

Growth Diagnosis Differs for Largest Drugstore Chains

三大藥店Rite Aid、Walgreens、和CVS 的擴張步伐各不相同

The nation's three largest retail pharmacy chains Rite Aid, Walgreens, and CVS continue to diverge on their real estate expansion plans.

More Play Areas Popping Up As Malls Look To Boost Family-Friendly Appeal

購物商場增設兒童遊樂區吸引家庭購物客流以對抗網路購物的影響

Children's play areas are an increasingly common sight in many shopping malls as mall owners strive to compete against Internet retailers. Leading play area supplier Playtime Inc. says it built 65 new projects in 2011, and the industry estimates it will post $12 million in sales of play areas this year.

Multifamily, Retail Properties Still Make Up Bulk of New CMBS Deals

公寓樓和購物商場仍佔據大量商業抵押貸款證券交易

The commercial mortgage-backed securities market is favoring multifamily and retail offerings at the moment. Goldman Sachs and Deutsche Bank are readying two retail CMBS deals for the market. Appetite for Freddie Mac securities is also strong, with the GSE bringing a $1 billion multifamily-backed offering to market.

Amazon to Add New Distribution Centers In California

電子商務網站亞馬遜在加州大量加建倉庫

Amazon.com, is accounting for a significant share of all new warehouse construction in the U.S., will occupy new fulfillment centers in San Bernardino and Patterson, CA totaling 2 million square feet.

California's Nonresidential Construction lifted by New Retail Stores

今年一季度加州商業地產建造受新建購物商場推動，價值提升近二成

The Construction Industry Research Board released figures for March nonresidential construction activity. For the first three months of 2012, the value of total nonresidential construction in California was up by 18.9% to $3.349 billion from the same period in 2011.

• Leasable Area:7,384 SF
• Occupancy: 90%
• Two Stories 
• Exceptional frontage on Atlantic blvd.
• Take over or sell highly successful pharmacy business 

• Land area: 6.88 acres
• Zoning: C2-Commercial
• Excellent visibility from Fwy 210
• Demand for retail much higher than supply 

Major Rowland Heights Shopping Center

大型羅蘭崗購物商場

• Best offer
• GLA: 58,151 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
• 10,434 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
 

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)

Warm regards,

Investment Division

STC Management, AMO

10722 Beverly Blvd, Suite A | Whittier, CA 90601

(562)695-1513   

www.stcmanagement.com

The information transmitted is for the sole use of the intended recipient and may contain confidential and/or privileged material. If you are not the intended recipient, please note that any dissemination, disclosure, distribution, taking of any action in reliance upon, or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by reply email or phone and delete or destroy all copies of the original message. Do not disclose the contents to anyone or retain any portion of this message. E-Mail can be altered, intercepted, and read by persons other than those for whom the messages are intended. Therefore, unless encrypted and signed, the integrity of this and all other electronic communications cannot be guaranteed.

Download Market Update 商業地產訊息下載

STC Website

STC Center

STC Events

Photo Gallery 1

Photo Gallery 2

CCIM 

AIR 

NAR 

IREM 

Don Knabe 

RHUSD 

RHCCC

HH Kiwanis