No Sale.A Carlsbad company has decided not to buy three L.A.-area shopping centers from San Diego-based Burnham Pacific Properties Inc. GMS GMS Greater Mekong Subregion GMS Global Mobile (Communications) System GMS Guild Management System GMS General Medical Services GMS Global Management System (Sonicwall) GMS GroupWise Mobile Server Realty LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control terminated its agreement to buy 19 grocery-anchored retail properties, including the three L.A. centers, for $305 million, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a statement released by Burnham Pacific officials. Officials at GMS were not available for comment. The L.A. properties are the 90,000-square-foot Buena Vista Marketplace on Huntington Drive Huntington Drive is a major east-west street in Southern California, United States. It runs from Mission Road near the Lincoln Park neighborhood of Los Angeles east through the El Sereno section of Los Angeles, South Pasadena, San Marino, Arcadia, Monrovia, ending in Duarte. in Duarte, the 71,000-square-foot Center-wood Plaza on Lakewood Boulevard in Bellflower, and the 66,700-square-foot Ralphs Center on Hawthorne Boulevard Hawthorne Boulevard, once known as "Hawthorne Avenue", is the name of a major Southern California thoroughfare also signed as California State Route 107 (and as Los Angeles County Route N7 through the Palos Verdes Peninsula). in Redondo Beach. L.A.-area properties owned by acquisition-minded GMS Realty include The Quad at Whittier, Atlantic Square, Somerset Plaza and Canyon Plaza, a 161,000-square-foot grocery-anchored shopping center at Laurel Canyon and Roscoe boulevards in Sun Valley. GMS recently bought that property from Aetna Life Insurance Co. for $18.5 million. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion