Colliers Negotiates $69.5 Million Off-Market Sale of Santa Clarita Shopping Center

Smart & Final Extra anchors Gateway Village Shopping Center, located in Santa Clarita. Smart & Final Extra anchors Gateway Village Shopping Center, located in Santa Clarita.

Santa Clarita, Calif. — In an off-market transaction, Colliers International has negotiated the $69.5 million sale of Gateway Village Shopping Center in Santa Clarita.

Michelle Schierberl and Donald Ellis of Colliers’ Irvine office brought the center’s seller, JH Real Estate Partners, and the buyer, private investment group Galois Group, together in the transaction. The 153,686-square-foot center is 95 percent occupied with one vacant space. Anchor tenants include LA Fitness, Smart & Final Extra, Coffee Bean & Tea, The Habit, US Bank and Lindora Medical.

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