Fairbourne Properties Acquires The Streets of Brentwood in California for $85.7 Million

Brentwood, Calif. —Fairbourne Properties has purchased The Streets of Brentwood, a grocery- and theatre-anchored lifestyle center in Brentwood.

A fund managed by DRA Advisors sold the asset for $85.7 million, according to the San Francisco Business Times. The 358,615-square-foot center is home to a 14-screen AMC Theatre, DSW, Ulta Beauty and Sprouts Farmers Market. Nicholas Bicardo and Brandon Rogoff of NKF Capital Markers represented the seller in the transaction.