Great Clips

Great Clips now has a location in all 50 states.

Lake Elsinore Marketplace, a 144,034-sq.-ft. shopping center in Lake Elsinore, California, was sold to Irvine-based Pacific Castle for $44.3 million.

Holly Robinson, who for the last six years was a real estate manager at Great Clips, has joined Mid-America Real Estate of Minnesota as a senior leasing specialist.

Thousand Oaks, Calif. — A 36,000-sq.-ft. Wal-Mart Neighborhood Market has opened at Thousand Oaks Marketplace in Thousand Oaks, Calif.

Other Marketplace retailers include Chase Bank, Walgreens and Hampton Inn, with Subway and Great Clips slated to open soon. The center serves a daytime population of 75,498.

Los Angeles — A private buyer has acquired Huntington Plaza, a 57,148-sq.-ft. shopping center in Monrovia, Calif., in the San Gabriel Valley. Anchored by Sprouts Farmers Market and Walgreens, the center was 96% leased at the time of the sale. The tenant roster includes McDonald’s, Jersey Mikes, Flame Broiler, Great Clips and Pacific Dental.

The owner engaged Studley and Colliers International to offer the property for sale. The two companies have jointly handled the leasing of Huntington Plaza for more than six years.

Los Angeles, Calif. — Westwood Financial Corp., a national owner-operator of shopping centers, has completed remodeling work at North Park Plaza shopping center in Phoenix, Ariz. Safeway anchors the center. Regional and national tenants include Frazee Paint, Peter Piper Pizza, Subway and Great Clips.

Improvements to the 101,361-sq.-ft. center include a new façade, covering columns with stone, refreshed landscaping and a two-tone paint color scheme.

The creative minds from the world of auto racing have outdone themselves this time, offering an unconventional prize package courtesy of Great Clips and NASCAR’s most popular driver.

Chicago -- The Opus Group has begun construction of a 31,175-sq.-ft. center in Glen Ellyn, Ill., near Chicago. A 20,300-sq.-ft. The Fresh Market will anchor the project.

The site, a vacated car dealership, will include patio seating and 186 parking spaces.

The center is 75% leased. In-line tenants include Great Clips and the first Tide Dry Cleaners in the Chicago area.

Serving the Glen Ellyn and North Wheaton communities, the center is slated to open in late 2013.

 

Los Angeles — Westwood Financial Corp. said Monday it has purchased McCrimmon Corners shopping center, located in Morrisville, N.C.

The 86,267-sq.-ft. grocery-anchored center, sold to Westwood by Crosland, currently is 99% leased. Anchor tenant Harris Teeter is joined by Tossed Salads, Taekwondo Academy, Nikos Taverna, Saffron Indian Food Restaurant, Two Guys Grille, Subway, AT&T, Great Clips, State Farm and Red Dragon.

St. Paul, Minn. -- A partnership between St. Paul, Minn.-based Paster Enterprises and Chicago-based Shiner Capital Partners announced the purchase of Cahill Plaza, located in Inver Grove Heights, Minn.

Cahill Plaza is a 69,000-sq.-ft. shopping center that is anchored by a 52,017-sq.-ft. Cub Foods and a 6,165-sq.-ft. MGM Liquor. Additional tenants include Great Clips, RR Cleaners, C & A Nails, Edward Jones and Papa Johns.