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LA Fitness replaces Best Buy at Long Beach center
LA Fitness’s chief of real estate Bill Horner notes that convenient access to large, active populations is the key to the chain’s location strategy, and that’s certainly the case with its newly announced location at Marina Pacifica Shopping center on the Pacific Coast Highway overlooking Alamitos Bay.
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JLL closes $37.5 million sale of California center, says big-box retail is strong
A private family trust that developed Marketplace Beaumont in the Inland Empire east of Los Angeles in 2008 has sold it for $37.5 million in a marketplace in which investors are paying top dollar for viable retail centers in strong markets.
