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2/25/26
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In news of a recent Bay Area retail trade, Sterling Organization purchased Slatten Ranch Shopping Center, a 118.2k sf community retail center in Antioch.
Slatten Ranch Shopping Center, located at 5709-5759 and 5779-5789 Lone Tree Wy, is strategically positioned with more than 1,400 feet of linear frontage along Highway 4, providing visibility and access to over 100,000 vehicles per day. The property is shadow-anchored by one of the highest-performing Target locations nationwide, ranked No. 20 in the chain and in the 98th percentile nationally.
Antioch continues to be an attractive destination for businesses and residents due to its affordability and prime location within the Bay Area. The Association of Bay Area Governments expects Antioch to add 10,370 households through 2035, representing 31.8% growth from 2005.
Managing Director Eric Kathrein, Senior Managing Director Gleb Lvovich, Director Andrew Spangenberg and Associate Allie Repaskey with JLL Capital Markets represented the seller, Camden Village LLC. According to Lvovich, the listing generated multiple offers from both regional operators and institutional capital.
"Slatten Ranch was a rare opportunity to acquire a regionally dominant, institutional quality community center with significant value-add potential," said Kathrein. "This transaction is a perfect example of what value-add capital is focusing on in today’s market."
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