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City of Industry, Calif. — Lee & Associates has arranged the sale of Puente Hills East, a 195,063-square-foot shopping center located in City of Industry, for $36.7 million.
The Target-anchored center was 100 percent occupied at the time of sale by tenants including Ross Dress for Less, PetSmart, Old Navy, Ulta Beauty, Wells Fargo and Romano’s Macaroni Grill. Ryan Swanson and Kurt Bruggeman of Lee & Associates represented the buyer, a private investor, and Dixie Walker, Charley Simpson and Andrew Milne of DTZ represented the seller, The James Campbell Company, in the transaction.