Citivest Sells Four Parcels Within Sacramento-Area Shopping Center for $16.8 Million

Citrus Heights, Calif. — Citivest Commercial Investments has completed the disposition of four parcels located within SummerHills Plaza, a 135,000-square-foot, grocery-anchored shopping center in the Sacramento area community of Citrus Heights. Ethan Conrad Properties acquired the parcels for $16.8 million. Originally constructed in 1967 and refurbished in 2020, the property is occupied by Raley’s, Dollar Tree, Round Table Pizza and Dutch Bros. Coffee. Bill Rose of Institutional Property Advisors, a division of Marcus & Millichap, and Edward Nelson and Wyatt Figeroa of Marcus & Millichap represented the seller and procured the buyer in the transaction.

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