Downtown Pleasant Hill Shopping Center Sells for $100 Million

by Nate Hunter

Pleasant Hill, Calif. — An account advised by UBS Global Asset Management acquired the property.

Pleasant Hill, Calif. — Loja Real Estate LLC, a wholly owned subsidiary of Loja Group LLC, has sold the 345,687-square-foot Downtown Pleasant Hill Shopping Center in Pleasant Hill for approximately $100 million. The buyer was an account advised by the U.S. real estate business of UBS Global Asset Management. Tenants at the power center include Century Theaters, Lucky Supermarket, Bed Bath & Beyond, Michaels, Ross, Carter’s and Golfsmith. Kevin Van Voorhis, James Kaye, Jay Gomez and Lindsey Lantis of Colliers International represented Loja in the transaction. Loja Group LLC is a real estate investment management firm with more than $190 million in assets under management.

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