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Burbank, Calif. — HFF has arranged the sale of Plaza del Sol, a 165,528-square-foot grocery-anchored center in Burbank, a city in Southern California.
Gleb Lvovich and Bryan Ley of HFF represented the seller, Tourmaline Capital, in the transaction. The seller and sales price were not disclosed. Constructed in 1984, Plaza del Sol served as a Costco store until a retrofit in 2005 and 2006 that transformed the project into a retail center with street-facing retail in the front and last mile industrial space in the back. Vallarta Supermarkets anchors Plaza del Sol, which was leased to 23 tenants with food, fitness and last mile distribution uses at the time of sale.