The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 20, 2018
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Long Beach Investor Spends $69.5 Mil on Santa Clarita Retail Center


Galois Group has purchased Gateway Village Shopping Center, 153.7k sf neighborhood retail center in Santa Clarita, for $69.5 mil ($452/sf) in an off-market transaction. Built in 2005, the property is located at 28207-28313 Newhall Ranch Rd, east of I-5 and just west of Rye Canyon Rd.

The center is 95% occupied with just one vacant space. Anchor tenants include LA Fitness, Smart & Final Extra, Coffee Bean & Tea, The Habit, US Bank and Lindora Medical.

The property is part of Valencia Gateway & Valencia Industrial, which is comprised of 22.5 msf of industrial, retail, and office. It is the largest master-planned center for business, technology, and industry in Los Angeles County.

Michelle Schierberl and Donald Ellis with Colliers International brought the buyer and the center’s owner, Newport Beach-based JH Real Estate Partners, together. Galois Group is a private investment group based in Long Beach.

“This site is well located to serve residents of Santa Clarita, which is ranked 21st in terms of retails sales out of the 480 incorporated cities in the state,” said Ellis. “It also benefits from the local employment base, which can choose from an array of restaurants that range from fast-casual to sit down as well as other support service retailers.”

Return to the Archive page




Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media