News
As one of the premiere commercial real estate brokerage firms in Southern California, CRG is in the news. Here are recent articles highlighting some of the transactions completed by our Cypress team, along with other industry-related news.
Darden Restaurants, national multi-brand full-service restaurant owner and operator, has just announced its intended acquisition of Ruth’s Hospitality Group, parent company of Ruth’s Chris Steakhouse, for $715 million. Click here for additional details in the full article from Restaurant Dive. Read More..
The Kebab Shop and AT&T have recently executed leases to join the Plaza at Golden Valley, a 600,000 SF regional shopping center situated along the 14 Fwy at Golden Valley and Via Princessa in the Santa Clarita Valley. The Kebab… Read More..
Nationwide home goods retailer, Bed Bath & Beyond, Inc., has officially filed for Chapter 11 Bankruptcy and will be closing all of its remaining 480 stores located across the country, including 120 which operate under their buybuy BABY brand. Click… Read More..
Last year’s unprecedented inflation has had a significant impact on shopping habits across all facets of the retail industry. Although the rate of price increases is predicted to slow down this year, it is expected to vary across categories and… Read More..
Philz Coffee has opened in Calabasas at the Summit on December 13, 2022. The San-Francisco based coffee company has 69 locations throughout the United States. The popular coffeehouse chain has a variety of blends using different coffee beans from around… Read More..
More brick-and-mortar store owners have arisen since the pandemic, with strong growth and expansion plans. U.S. retail vacancy has dropped to 6.1% in the second quarter, being the lowest level in the past 15 years. As online advertising costs increase,… Read More..
Rise’s southern comfort food has finally arrived on the west coast! The North Carolina-based biscuit chain offers a variety of breakfast/lunch sandwiches, country fried chicken, donuts, and more. There is a broad range of savory and sweet options to choose… Read More..
Placer’s insights in July include metrics/reports on Walmart, Albertsons, McDonald’s, Best Buy, Visa, Amazon, Google, Meta, Personal Consumption Expenditures, National/Regional Foot Traffic Trends and more. Click here to read Placer’s CRE Executive Intellig Read More..
By the end of the year, Children’s Choice Dental Care will be coming to Village at the Oaks in Bakersfield. This shopping center is situated at the northeast corner of Gosford Rd (30,123 CPD) and White Lane (33,828 CPD), which… Read More..
Pizza Guys is officially open at Stockdale Plaza in Bakersfield. The restaurant offers specialty pizzas and pastas using quality ingredients grown in California. Its menu includes a variety of sides like hot wings, salads, flatbreads and more. Starting in 1986,… Read More..