Rancho Cucamonga, Calif. — SRS Real Estate Partners has arranged the $15.6 million sale of Spruce Plaza, a 15,555-square-foot retail center located in the Inland Empire community of Rancho Cucamonga.
San Bernardino, Calif. — Cushman & Wakefield has arranged the $20 million sale of Seley Plaza, a 159,324-square-foot shopping center in San Bernardino.
Los Altos, Calif. — Cushman & Wakefield has arranged the $55 million sale of a 50,451-square-foot retail property leased to Whole Foods Market in Los Altos.
Huntington Park, Calif. — Sterling Organization has acquired Margarita Plaza, a grocery-anchored shopping center located four miles outside Los Angeles in Huntington Park, for $23.8 million.
Carson, Calif. — Macerich (NYSE: MAC) and Simon Property Group (NYSE: SPG) have formed a 50/50 joint venture to develop Los Angeles Premium Outlets, a new outlet mall in Carson, located 13 miles south of downtown Los Angeles.
San Francisco — The San Francisco Giants has selected Tishman Speyer as its joint venture partner to develop Mission Rock, a waterfront mixed-use neighborhood near AT&T Park in San Francisco.