Brookfield unloads Rancho Cucamonga shopping center in $530M near-record sale
It didn’t take long for Brookfield Properties and Queensland Investment Corporation to find a buyer for the Victoria Gardens shopping center in Rancho Cucamonga. After listing the retail property earlier this month, Brookfield and Queensland sold the 1.2-million-square-foot shopping center to Newport Beach-based Redwood West and Irvine-based Panattoni for $530 million, Commercial Observer reported. That sale price makes it one of the highest ever paid for a retail property in Southern California and the highest paid in recent years. The duo partnered with Prime Finance and Prism Places for the deal and received acquisition financing from Ares Real Estate to […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Mt. Waterman ski resort near L.A. relisted for $3.3 million after deal falls through
Ste Marie imbues Monos Vancouver office with "residential quality"
Graffiti Towers no longer?
This Designer’s Long Island Family Home Has Been 40 Years in the Making
Hollywood recording studio hits market for first time in 50 years
Historic LA-area ski resort back on market after failed membership club plans
Unraveling All the Details Behind Wicker’s Wicker
‘Days of Our Lives’ producer lists Toluca Lake home for $17M
Lauren Conrad’s Laguna Beach Mansion Lists for $26.5 Million—Plus 5 More Luxury Homes for Sale
Front Office: Leset
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA