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CHINO HILLS, CA-The retail division of Santa Ana-based RiverRock Real Estate Group has added to its retail portfolio with the leasing assignment for the 614,000-sf Chino Spectrum, an open air development owned by SY Ventures. RiverRock, a property management and leasing firm that was founded in August 2003, now has assignments for about 1.5 million sf of retail properties in addition to approximately 5.5 million sf of office and industrial space.

The Chino Spectrum center, at 3808 Grand Ave., is anchored by Target, Food 4 Less, Comp USA, Old Navy, Michaels and Chick’s Sporting Goods. Brian Ho of SY Ventures is general manager for the site.

RiverRock launched the retail group this year under the direction of 18-year industry veteran Sally Vogel, its managing director, and the new division now represents retail properties throughout Los Angeles, Ventura and Riverside counties. Among the other new contracts it has won recently is the assignment for Triangle Square, a 191,000-sf retail center in Costa Mesa that a joint venture of Greenlaw Partners of Newport Beach and Commonfund Realty Inc. acquired from Triangle Square Investment LLC.

John Combs, the founder of RiverRock, told GlobeSt.com when he established the retail division that it would aim to develop its own specialty within the retail world as “a boutique management and leasing firm.” RiverRock has been one of the fastest-growing property management and leasing firms in Southern California since its founding, but Combs explained that the company stayed out of the retail leasing and management business until this year because RiverRock “had to reach a point where it could afford to start a specialized group before we expanded into retail.”

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