4
California — Vestar has been selected to provide management services for a 600,000-square-foot retail portfolio in Southern California. The portfolio comprises five grocery-anchored shopping centers including Campus Marketplace in San Marcos, The Pavilion at La Quinta in La Quinta, River Oaks Shopping Center in Santa Clarita, Bear Creek Village in Wildomar and Old Grove Marketplace in Oceanside. Vestar will manage the portfolio on behalf of Nuveen Real Estate, who recently acquired the properties.
Vestar’s Southern California management portfolio now totals more than 8.5 million square feet.