SRS Real Estate Partners’ Investment Property Group has completed the $54 million sale of New Haven Marketplace, a 95,000-square-foot shopping center in Ontario, CA. Anchored by Stater Bros, the 10.6-acre, fully-leased retail center also includes Starbucks, Chase Bank, Carl’s Jr. and Brew Haven as tenants.
“SRS secured several offers on the asset and selected a qualified buyer who assumed the property’s existing loan,” said the firm’s SVP Pat Kent, who along with Parker Walter represented the seller in the transaction. “This recently developed grocery-anchored shopping center is well-situated within a highly desirable area that is rare to find.” The buyer, a California-based family office, was represented by Newmark’s Glen Rudy.
“This property includes Rodeo X, a market hall,” added Walter. “Market Halls are extremely popular and add tremendous value and tenant synergy to a shopping center by providing consumers several food options and a place where you like to spend time.”
The post SRS Completes $54M Sale of Ontario Retail Center appeared first on Connect CRE.
SRS Real Estate Partners’ Investment Property Group has completed the $54 million sale of New Haven Marketplace, a 95,000-square-foot shopping center in Ontario, CA. Anchored by Stater Bros, the 10.6-acre, fully-leased retail center also includes Starbucks, Chase Bank, Carl’s Jr. and Brew Haven as tenants. “SRS secured several offers on the asset and selected a …
The post SRS Completes $54M Sale of Ontario Retail Center appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate,