Marcus & Millichap Negotiates $2.1 Million Sale of Shopping Center in Metro Los Angeles

by Katie Sloan

San Dimas, Calif. — Marcus & Millichap has arranged the sale of Bonita Canyon Gateway, a retail property located roughly 28 miles outside Los Angeles in San Dimas.

An undisclosed developer sold the 7,860-square-foot property for $2.1 million. At the time of sale, the shopping center was 78 percent occupied. Richard Longobardo of Marcus & Millichap represented the seller. The name of the buyer was not released.

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