North Bay Business Journal

Good Earth plans to expand in 2011 move

FAIRFAX — Good Earth Natural & Organic Foods today announced plans to relocate next fall to a larger space in a former Albertsons store in Fairfax.

Commercial Real Estate: Lease-option used in Fairfax deal; also, Basin Street signs Marina tenants

LRG Capital Group’s lease-option acquisition last week of the 66,100-square-foot Fair-Anselm Plaza shopping center and offices in Fairfax is an example of the type of creative deal-making called for when both tenants and financing can be scarce, according to Roger Smith, an agent with Cornish & Carey Commercial who has been marketing the Fairfax property for the Friedman family for years.

LRG Capital acquires Fairfax shopping center

FAIRFAX — LRG Capital Real Estate Partners I Fund, managed by a commercial real estate investment subsidiary of Larkspur-based LRG Capital Group, acquired the 66,100-square-foot Fair-Anselm Plaza retail and office center.

The investment fund, acting as Fairfax Center Properties LLC, on Monday entered into a lease agreement with an option to purchase the 40-year-old shopping center from Fair-Anselm Center Inc., according to LRG Capital Group and public records.