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Brentwood, Calif. — A joint venture between CenterCal Properties and Heitman has acquired The Streets of Brentwood, a 358,700-square-foot retail center located in Brentwood. The new owners plan to reimagine and enhance the property through the addition of a community gathering space and new retailers and restaurants. “Open-air lifestyle centers have demonstrated strong operating fundamentals post the COVID-19 pandemic,” says Gordon Black, portfolio manager at Heitman. “These fundamentals are further benefitting from minimal new supply and sustained demand from retailers, a trend we believe will continue.”