Beaumont, Calif. — Brixton Capital has acquired Marketplace Beaumont, a 187,851-square-foot shopping center in Beaumont. Brixton purchased the property from the FJ Hanshaw Trust for an undisclosed price. Gleb Lvovich & Daniel Tyner of JLL represented the buyer in the transaction, while FJ Hanshaw Trust was self-represented. The shopping center was 92 percent leased at the time of sale to tenants including Aldi, Petco, Ross, Best Buy, Taco Bell, Starbucks Coffee and Bank of America. The property includes five drive-thru pads. The new ownership plans to renovate the property, with updates set to include new paint and lighting as well as resurfacing of the parking lot.
Brixton Capital Acquires 187,851-Square-Foot Shopping Center in Southern California