Walnut Creek, Calif. — Tallen Capital Partners LLC and Citivest Commercial LLC, alongside an undisclosed equity partner, are set to begin the redevelopment of Rossmoor Shopping Center, a 108,000-square-foot retail center located in Walnut Creek.
Concord, Calif. — Sterling Organization has acquired Olivera Crossing, a 47,571-square-foot shopping center located in Concord, from West Valley Properties for $12 million.
Westminster, Calif. — Marcus & Millichap has arranged the sale of Little Saigon Shopping Center, an 85,133-square-foot shopping center located in Westminster’s Little Saigon community.
Crowley, Texas and Santa Maria, Calif. — Phillips Edison Grocery Center REIT II has acquired two grocery-anchored shopping centers in Texas and California.
Delano, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $3.2 million sale of Glenwood Square, a 6,808-square-foot retail strip center located in Delano.
Los Angeles — NorthMarq Capital has arranged $3 million in acquisition financing for 24th & Vermont, a 19,280-square-foot mixed-use property located at 451-467 North Western Avenue in Los Angeles.
Chula Vista, Calif. — NGKF Capital Markets has arranged the sale of The Marketplace at Windingwalk, a 104,206-square-foot, grocery-anchored shopping center located in the San Diego suburb of Chula Vista.
Los Gatos, Calif. — Donahue Schriber has acquired Los Gatos Village Square, a 46,235-square-foot grocery-anchored shopping center located in the San Francisco Bay area community of Los Gatos.
Walnut Creek, Calif. — MoMo’s American Bar & Grill, the AT&T Park-adjacent restaurant and mecca for San Francisco Giants’ fans, is opening a second location in Walnut Creek, roughly 25 miles outside of San Francisco.
Perris, Calif. — Eight new retailers are set to open at Perris Marketplace, a Super Walmart-anchored shopping center located in Perris.