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September 20, 2019
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LOS ANGELES COUNTY NEWS
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Foreign Investor Buys Leasehold Interest in San Gabriel Valley Retail Center

8/01/19

A private foreign investor paid $13.65 mil for the leasehold interest sale of Glendora Commons, a 41.7k sf, newly constructed, fully leased grocery-anchored retail center located in Glendora. The asset was sold by Seagrove Property Group.

Completed in 2017, Glendora Commons features a premier lineup of national tenants that includes Aldi, Guitar Center, Chick-fil-A and Pick-Up-Stix. It isocated at 1241-1251 Lone Hill Ave, strategically positioned next to the heavily trafficked 210 and 57 Freeway interchange, where it is visible to approximately 262,000 vehicles per day.

Glendora Commons sits at the gateway to the larger Glendora Marketplace, a 480k sf development with synergistic, high-traffic retailers that include Walmart, Home Depot,

Bryan Ley and Tony Ensbury with JLL Capital Markets represented the seller in the deal.





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