Decron Properties Sells El Monte Shopping and Automotive Center for $84.5 Million

by Katie Sloan

El Monte, Calif. — Decron Properties has sold El Monte Shopping and Automotive Center, a 473,347-square-foot automotive and retail center located in El Monte, to Merlone Geier Partners for $84.5 million.

The property is comprised of a traditional shopping center and Longo Lexus dealership. Savills-Studley Retail Investment Group represented Decron Properties, and Melone Geier Partners was self-represented in the transaction. Tenants at the center include Sears, Staples, Deardens, Big 5 Sporting Goods, RadioShack and Jamba Juice. 

You may also like