LS Closes on Meridian Plaza, Payallup, WA

Multi-tenant retail center September 2016

 

LS Closes on Advanced Auto - Round Lake Beach, IL

Single Tenant Auto store September 2016

 

LS makes a splash in New Mexico

Albuquerque’s Fiesta del Norte Shopping Center has new owner

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Courtesy CBRE New Mexico

The Fiesta del Norte Shopping Center at the northwest corner of San Mateo Blvd. and Osuna Rd. was sold to Sherman Oaks, California-based LS Capital for an undisclosed amount. "We had been gathering information on properties for [LS Capital] and this was one they had interest in," Jim P. Dountas of CBRE New Mexico said.

 

A high-profile and highly trafficked retail center in Albuquerque's Northeast Heights has found a new owner. The Fiesta del Norte Shopping Center at the northwest corner of San Mateo Blvd. and Osuna Rd. was sold to Sherman Oaks, California-based LS Capital for an undisclosed amount. The 52,600-square-foot center had been owned by an Arizona-based partnership. LS Capital is a real estate investment company that generally targets properties in the western U.S.

 

Located at 6001 San Mateo Blvd. NE, the property is anchored by Pier 1 Imports and features other businesses such asSchlotzsky's and I Love Sushi Teppan Grill. But it was the recent arrival of CSP Dance Studio to the former Laffs Comedy Club space that sealed the deal for the new owner.

"We had been gathering information on properties for [LS Capital] and this was one they had interest in," Jim P. Dountas ofCBRE New Mexico said. "CSP brought the center up to the occupancy necessary for [LS Capital] to become interested and for the seller to get a price they were happy with." Dountas said the center is 85 percent occupied. The shopping center is the first investment in New Mexico for LS Capital but likely not the last one, he said. "It's a reflection of the rising demand for similar properties in their home market [of California], so they are looking at tertiary markets like Albuquerque to potentially reduce the competition that is chasing these properties," Dountas said. The CBRE team represented the seller in the Fiesta del Norte transaction.

 

Dountas, along with Lia Armstrong andJeremy D. Nelson, are the investment and retail specialists for CBRE's local office. The team had been marketing the spaces at Fiesta del Norte for lease for a few years.

Dec 3, 2014

 

Commercial/residential real estate, retail, restaurants

 

LS enters the San Antonio Texas Market with purchase of Parliament Square

LS Capital announced on Friday that it had purchased Parliament Square, a 65,000 Square Foot community shopping center from Weingarten Realty.  

 

LS buys value add opportunity in Sacarmento, CA

LS Capital has purchased another value-add neighborhood retail center in Sacramento, California.  “We continue to find unique opportunities, in large part, because of our ability to move quickly.  We believe, for a multitude of reasons, that this is a fantastic opportunity for both our investors and the tenants.  We can provide the proper management and care that a property of this size and complexity deserves.” said Jonah Garb, Partner of LS Capital.

 

“We look at many opportunities around the country and we see this deal as an ideal opportunity to turn around a project that has suffered from poor management and an absent seller.  We look forward to working with the city of Sacramento and the tenants to put this property back on track” continued Garb.

 

LS Makes another investment in Minnesota - Buys Mound Market Place

LS has just confirmed that they have purchased the Mound Market Place in Mound, Minnesota."We are thrilled about this purchase and excited to grow our base in Minnesota.  We believe that this is a strong market and that there is a big furture for our deal size and type in the Twin Cities", said Tim Siegel, Managing Partner of LS. 

 

LS closes on Maple Tree Plaza, Boise Idaho - 7th investment in growing market

Los Angeles-based LS Capital, a private real estate investment company, announced that it has acquired Maple Tree Plaza, a 21,000 square foot retail asset in Boise, Idaho. 

“Maple Tree represents our seventh acquisition in the Boise MSA growing our portifilio to almost 450,000 square feet of retail, office and industrial properties.  We love this market,” said Luke Dixon, Managing Partner of LS. “This is a solid infill location with a huge potential for growth.  We like the location and the history of the center.  We are excited to add this to our growing list of investments in Boise"

LS worked with the seller to assume the existing debt. Mike Keller of TOK represented both side of the transaction.

LS Capital invests approximately $50 million annually. Headquartered in Southern California, the firm currently owns property in twelve states including California, Nevada, Colorado, Idaho, Oregon, Minnesota, and Arizona.

 

LS Realty Group and LS Capital Group have joined forces to become LS CAPITAL

WE ARE PLEASED TO ANNOUNCE...
 


HAVE JOINED FORCES TO BECOME...

If you have any questions about this exciting news and what it will mean to you, contact us at any time.

PLEASE NOTE OUR NEW CONTACT INFORMATION
EFFECTIVE JANUARY 13, 2014

New Address:
13949 Ventura Blvd., Suite 300
Sherman Oaks, CA 91423

New Phone Numbers:
T: 818.922.2200
F: 818.922.2201

New Website:
www.lscapital.com

New Email Addresses:
[first initial][last name]@lscapital.com

 

 

LS Realty Group Acquires 12th and Washington Shopping Center, Ogden, UT

Los Angeles based LS Realty Group, a private real estate investment company, announced that it has acquired the 12th & Washington Shopping Center, a 20,400 square-foot retail center located at the dominate intersection of 12th and Washington in Ogden, Utah.

“We are so excited to get into the Utah market. We have been looking for the past several years to find the right opportunity and we think that this corner is one of the best in Ogden. We are excited with the new tenant roster and look forward to participating in the transformation of the center”, said Tim Siegel managing partner of LS Realty Group a California investment company. “We continue to invest in the mountain west states and look forward to expanding our portfolio in the near future”.

Tucker White from CBRE represented the buyer and the seller represented themselves in this transaction. LS Realty Group is a private real estate investment company, focused on acquiring quality investment properties. 

LS Realty Group invests approximately $50 million annually. Headquartered in Southern California, the firm currently owns property in eight states including California, Nevada, Colorado, Idaho, Texas, Arizona, Minnesota, and Oregon.

 

LS Realty Group Acquires Eagle Clock Tower, Eagle, Idaho

Los Angeles-based LS Realty Group, a private real estate investment company, announced that it has acquired Eagle Clock Tower, a prime 8,872 square foot retail asset in Eagle, Idaho. 

“Eagle Clock Tower is LS Realty Group’s fifth acquisition in the Boise MSA. With this purchase we now own and manage more than 350,000 square feet of retail, office and industrial properties in this market,” said Tim Siegel, principal of LS Realty Group. “Acquiring this asset as an REO gives us the ability to bring rents in-line with market, ensuring a solid tenant base for several years to come.”

“LS purchased this asset in an all-cash transaction from LNR Partners and closed in 10 days,” added Siegel. “LS has a history of purchasing distressed assets from sellers and this is another example of how quickly we can underwrite and close on assets we believe in.”

LS Realty Group invests approximately $50 million annually. Headquartered in Southern California, the firm currently owns property in seven states including California, Nevada, Colorado, Idaho, Oregon, Minnesota, and Arizona

 

LS Realty Group Acquires Sunset Oaks Shopping Center, Hillsboro, Oregon

Los Angeles based LS Realty Group, a private real estate investment company, announced that it has acquired the Sunset Oaks Shopping Center, a 30,525-square-foot retail and medical center in Hillsboro, Oregon. 

“We are very excited to enter the Portland market with this purchase,” said Tim Siegel, a partner at L&S Realty Group. “Sunset Oaks Plaza is a great addition to our strong portfolio of daily needs centers.” 

Gary Imbrie and Ryan Imbrie of Sperry Van Ness in Portland represented the Buyer and Seller. LS Realty Group is a private real estate investment company, focused on acquiring quality investment properties. 

LS Realty Group invests approximately $50 million annually. Headquartered in Southern California, the firm currently owns property in eight states including California, Nevada, Colorado, Idaho, Texas, Arizona, Minnesota, and Oregon.

 

LS Realty Group Acquires Rogers Retail Centre, Rogers, Minnesota

Los Angeles based LS Realty Group, a private real estate investment company, announced that it has acquired Rogers Retail Centre, a 14,843-square-foot shadow-anchored retail center in Rogers, Minnesota. 

“Minnesota has been a market of interest for L&S for quite some time and we plan to expand more in the state in the coming years” said Tim Siegel, a partner at L&S Realty Group. “This property is ideally situated between Super-Target and Kohl’s Department Store, giving the center an unrivalled location in the trade area.” LS Realty Group invests approximately $50 million annually. 

Headquartered in Southern California, the firm currently owns property in seven states including California, Nevada, Colorado, Idaho, Oregon, Minnesota, and Arizona. Additional information about LS Realty is available at www.lsrealtygroup.com.

 

LS Realty Group Acquires Stonehenge Plaza, Boise, Idaho

Los Angeles-based LS Realty Group, a private real estate investment company, announced that it has acquired a prime infill asset in Boise, Idaho. “We are very excited to add this quality asset to our portfolio” said Aric Lasky, a partner at L&S Realty Group. “Being able to purchase this asset directly from the lender gives us lots of flexibility on where we go in the future with this asset. It is situated at a great intersection and we believe that we will be able to offer a great asset to future tenants at a below market price.”

Mike Keller represented the Buyer and John Stevens represented the Seller in this transaction. Both agents are with Thornton Oliver Keller Commercial Brokerage LS Realty Group is a private real estate investment company, focused on acquiring quality investment properties. LS Realty Group invests approximately $50 million annually. Headquartered in Southern California, the firm currently owns property in five states including California, Nevada, Colorado, Idaho, Texas, and Arizona. 

Additional information about LS Realty is available at www.lsrealtygroup.com.

 

LS Realty Group Acquires Lake Hazel Village, Boise, Idaho

Los Angeles-based LS Realty Group, a private real estate investment company, announced that it has acquired a prime retail asset in Boise, Idaho. 

“We worked really hard for the past 18 months to purchase this deal. It went thru many different scenarios including a note purchase or short sale. We were fortunate to work directly with Sterling Savings and Loan and come to terms on a deal that worked for everyone” said Aric Lasky, principal of LS Realty Group.

Mike Keller of Thornton Oliver Keller Commercial Brokerage represented the Buyer and Seller was represented by Luke Dixon of Great American Capital in this transaction. 

LS Realty Group is a private real estate investment company, focused on acquiring quality investment properties. LS Realty Group invests approximately $50 million annually. Headquartered in Southern California, the firm currently owns property in five states including California, Nevada, Colorado, Idaho and Arizona. Additional information about LS Realty is available at www.lsrealtygroup.com.

 


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