The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Gerrity Group Picks Up 92k sf Retail Asset from Weingarten Realty

10/20/17

Gerrity Group paid $38.1 mil for Buena Vista Marketplace, a 92.3k sf ($413/sf), grocery-anchored retail center in the eastern San Gabriel Valley city of Duarte. The property, 98.5% occupied at the time, was sold by Weingarten Realty.

Built in 1990 and situated on 7.4 acres at 1155 to 1245 Huntington Dr, Buena Vista Marketplace features a new, state-of-the-art Smart & Final Extra grocery store, Dollar Tree, Wells Fargo, AT&T, UPS, Subway, Flame Broiler and Jamba Juice, among other tenants.

Pete Bethea, Rob Ippolito and Glenn Rudy with NKF Capital Marketrs represented the seller in the deal. The buyer was self-represented.

“This property has been thriving over the years with 60 percent of its existing tenants calling it home since 1995,” said Bethea. “Buena Vista Marketplace is not only well-maintained and in a key location, it also has been strategically tenanted with a variety of off-price retailers as well as services and restaurant options that are key to the vitality and longevity of shopping centers in today’s competitive environment.”

The City of Duarte is a small community located at the base of the San Gabriel Mountains, approximately 21 miles northeast of Los Angeles and 10 miles from the City of Pasadena.






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 © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media