Category Archives: net lease

New I-71 Interchange at Route 36/37 for $53mil

Once finalized, this second route 36/37 interchange may end up looking just like the interchange at Polaris Parkway and Gemini Place, The proposal that ODOT likes puts this second interchange about 3/4 of a mile south of the existing interchange so right in Pat Shively and James Klingbeil’s proposed Northgate development. And by the way,…

Rick Caruso does Pacific Palisades

Pacific Palisades

The reimagining of Pacific Palisades’ Palisades Village has been underway for years by Rick Caruso, developer of The Grove and Americana at Brand.   Now the actual work is about to begin and is expected to be completed in 2017. Palisades is one of if not my favorite Southern California suburbs, but had become a little…

New Six Story Culver City / Palms Mixed Use

West Los Angeles net leased retail and apartments

Better late than never is the story with this new ground floor net leased retail mixed use building with 131 apartment units above.  It’s on the northwest corner of Washington Blvd and Hughes Avenue in Palms, bordering Palms and Culver City. Developed by NMS Properties with Architects Killefer Flammang in Santa Monica.  The building will…

Campus Partners Picks Edwards for South Campus Gateway

It was announced today that it was local developer, Edwards Communities that was picked to develop Ohio State University’s South Campus Gateway. The retail, office and residential development will be one step closer to connecting the short North with OSU and Weinland Park. The seven acre development is mostly east of high Street in the…

Day Companies Buys Madison’s Retail buildings

columbus downtown net lease retail

One block of blight on High Street will be redeveloped with the purchase of the three long vacant Madison’s store buildings at 72-84 N High Street by Ricky Day of the Day Companies. The two six story and one four story building comprise the 84,000 square feet of the old Madison’s retail department store.   The…

Mid Ohio Regional Planning Commission – Insight 2050 Report

Mid Ohio Regional Planning Commission (MORPC) with collaborative partners Columbus 2020 and ULI Columbus released their final draft of their Insight 2050 report to compare and contrast four different possible growth scenarios for Central Ohio. The four scenarios compare growth similar to what we’ve done in the past with urban sprawl in Scenario A to…

Temperance Row Brewing Opens in Uptown Westerville

As many locals know, Westerville was ground zero of the temperance movement in the early 1900s. Ironically, Toni Cabilovsky named the new Westerville Uptown Deli and Brew at 41 N State Street Westerville, with the brewery named Temperance Row Brewing. Toni also brought brewmaster Scott Francis into the project to run the brewery . Francis…

New Whole Foods for Burbank in 241 Unit Mixed Use Apartment Complex

Burbank apartments and net leased retail

It took developer Michael Cusumano two years to get this through Burbank’s planning commission and city council, and despite the objections of Burbank’s mayor, the project finally got approved. Residents complained as always that the project will jack up traffic flow. The developer will have to drop $250,000 to go toward ‘traffic calming’ measures and…

Easton Gateway Getting BJ’s Brewhouse, Melt Bar and Grilled and Pies and Pints

The 54 acre Easton Gateway is getting 13 new net leased retail and restaurant tenants in addition to bog box tenant Field and Stream, REI and Saks off Fifth . Huntington Beach based, polished casual restaurant BJ’s Brewhouse will be opening their third Central Ohio location. Cleveland based Melt Bar and Grill will be opening…

New Six 254 Unit Story Mixed Use for Reseda

Los Angeles net leased retail property

We haven’t seen much new for Reseda in decades so this is a significant start. Now that the LA river waterfront is beginning the process of partial deconstruction with a planned continuous landscaped riverfront complete with walking and biking paths we’ll begin to see a revitalization of mixed use retail and multifamily condo and apartment…

Uptown Westerville to Submit Three Stage Parking Plan to City Council

Westerville City staff made their third and final presentation on September 30th to the community concerning reorganizing the retail and restaurant, Westerville Uptown District’s parking before talking it to city council for final approval. The plan identified short medium and long term improvements such as short term solutions such increased signage, additional spots in front…

Jerome Township Near Dublin to Get New Retail Center

Dublin triple net lease retail Jerome Township

The Columbus and Central Ohio metro has been relatively quiet in recent years concerning large scale suburban retail developments, but that’s going to change a bit with the Simon Tangers Outlet retail Mall at I-71 and route 36 in Delaware County, Bridge Street Corridor in Dublin and now this 400,000 square foot net leased retail…

West Hollywood Restoration Hardware on Melrose to Open on 24th

West Los Angeles net leased retail for sale

The new European villa like Restoration Hardware will be located at 8564 Melrose Ave in West Hollywood. The older store over by Beverly Center at 8722 Beverly Blvd. will not be closed as earlier rumored, but instead will be transitioned to a Restoration Hardware Baby & Child. Originally, retailer Restoration Hardware had planned on occupying…

Downtown Los Angeles Commercial Development Recap

Downtown Los Angeles News (DTNews) just recapped the truly mega number of commercial developments underway or in planning stages for downtown for a total of 94 today with 14 of those added since late spring. Plans are for at least 3,000 new residential units, Condos and apartments, in just the 14 new projects announced since…

New Columbus Ohio Retail Restaurant Listing

columbus clintonville triple net retail net leased

Class A building built in 2004. End cap, triple net retail / restaurant space of 1,441 RSF. 40 parking spaces.  Potential of patio on north side in addition to the existing one in the front of the building. Co tenants are Chase Bank and Peet’s Coffee. Located in the heart of gentrifying Clintonville, an inner…

73 Story InterContinental Hotel Rising in Los Angeles.

los angeles net leased retail

What will be the tallest hotel in the west is currently under construction in place of the Wilshire Grand that was built in 1952. Developers Hanjin and Korean Air are building the 900 room 73 story hotel, which will be part of Inter-Continental’s luxury brand and is expected to have at least a four star…

Columbus Ranked 8th for Economic Growth

The U.S. Bureau of Economic Analysis ranked Columbus, Ohio eighth for economic growth according to new data that takes a fresh look at economic output generated by individual U.S. metro areas. Columbus came in at nearly double the national average of 1.7 percent with 3.2 percent GDP growth since 2012 “The metros where economic output…

Developers Of North Gate Centre Offer $19 million for new I-71 interchange

As many already know, there are two huge commercial real estate projects in the planning stages for the I-71 and Route 36/37 areas. First, is North Gate Centre, a collaboration between developers Pat Shivley and James Klingbeil, which would flank I-71 on both sides south of Route 36/37.  When built out it would be roughly…

Proposed Ohio General Hospital at Polaris

According to Carrie Ghose with Columbus Business First, Adeptus Health of Dallas Texas is expanding into Central Ohio with a proposed three story 24 bed (expandable to 48) on a 5 .5 acre parcel.  The parcel at the corner of I-71 and Gemini Place in the Polaris Fashion Mall area  is currently owned by McGraw…

1200 Fig With 648 High End Condos Reveal Today

los angeles net leased retail

648 condos in the twin 35 story towers will sit above eight stories of retail, parking and electronic signage in place of the two huge surface parking lots that face Staples Center now. The condos will range in size from 750 square feet to over 4,000.  A hotel may also be part of the project…