CaliforniaDealmaker

Big takeaway from ICSC? All of our tenants are still frothing for sites. Actively buying drive thru only sites (20k sf) and car wash sites (35k+ sf) up and down California. Focusing on: -San Diego County -Riverside/SB County -Ventura County -SLO County

Chevron refinery in El Segundo / Manhattan Beach has exploded.

@SpencerHakimian Chevron refinery explosion, as seen from the Manhattan Beach village mall.

Witnesses are reporting an explosion in El Segundo, California. A massive fire is evident and visible.

@SpencerHakimian This is El Segundo / Manhattan Beach. I’m looking at it.

Doesn't feel like X is as active as it used to be a la 2023-24. Reply/prove me wrong?

@patcarino I can smell this tweet 👃🏽 🍂

Does freshly mulched landscaping get anyone else hyped up?

@DougWahl1 No

QUESTION: Is it possible to really be a Christian- a true follower of Jesus- and still vote to take away healthcare from the elderly and the poor? Your thoughts

@CohenSite There’s a similar property in Manhattan Beach, I wonder if they’re related somehow!

These are undeniably the coolest apartments in LA

The miserable triple whammy begins again: Stocks down, 10yr bond yields up, dollar down.

Gold just topped $3,200. The dollar and stock futures are cracking. 10-year Treasury yield about to break 4.5%. When it does this could spiral out of control. They better get the plunge protection team onboard tonight. That will only make it worse, but it will buy some time.

@BruceB010 @la_dorkout This^^^^

@la_dorkout Westwood was wonderful in the 70’s and 80’s, but the landlords got greedy and the affordable places all shut down.

My daughter goes to UCLA and regularly talks about the ghost town that is Westwood and all the depressing vacant storefronts. My stories of its 1970s/'80s heyday make me feel like musty old plebian reminiscing of the glory of Rome.

@JohnnyC__ 🙌🙌🤝 Well done, all in the details [and intrinsic quality of the real estate!]

@NNNdeveloperguy Already have, it's solid. Site is over an AC and the real estate is exceptional

Dutch Bros Moreno Valley opening soon 👀☕️. This location directly off the 60 freeway offramp and adjacent to a high volume IN N Out & Home Depot is going to crush it.

@TripleNetTyler M4CGA!

@NNNdeveloperguy SoCal real estate, Corporate Guaranty, strong growing brand, 15 yr lease, new construction, priced under $3M Gotta be a 1031 Buyer out there for this bad boy!!

@JohnnyC__ Fresno and franchisee make it tougher... at least it's a 20 year lease, but check the guarantee language...

@NNNdeveloperguy Pitching on one in Fresno today, they want a lower cap then this. It is 20 years but also a rare franchise deal. Not sure what to make of it

@Retail_CREGuy And in Indiana, tacos are also sandwiches!!🤦‍♂️

Sometimes, when you work in Retail CRE, you get to do fun things like determining whether a pita is a sandwich or not. IYKYK… #retwit

A wise man once told me "Keep it plush to stay flush."-- @LeasingSoCalCRE on keeping your pipeline healthy 😂 No quick fixes to a dried up pipeline. Send me SoCal drive thru sites!!!

Our LA County 4cap is hitting the market today 😎🥸👀 Might need a hat soon @TripleNetTyler 🧢

@LAMultiBroker I too, have been banished to QR Code.

What do you hate most about your job?

@AdamRose_RE What's the total parcel size and is the property encumbered by the existing declaration/ city zoning for redevelopment in any way?

Not really a retail guy. Well-located now-vacant 4,900 SF restaurant for sale. Ideas on new tenant(s)?

@RErookieGuy There's too much to share.

What’s the craziest problem you’ve had to solve during escrow? We discovered a week from closing that the owning entity doesn’t actually own anything 😁 Some good ol’ problem solving going on right now!