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9/15/26
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Stockdale Capital Partners, in a venture with funds managed by Hamilton Lane, has acquired The Shoppes at Chino Hills, a 378.1k sf, open-air lifestyle center in Chino Hills, for $157 mil or $415/sf. The property was sold by Dunhill Partners, who acquired the center in 2015 for $147 mil.
The Shoppes at Chino Hills is located at 13920 City Center Dr, just west of the 71 Fwy off Grand Ave, roughly 35 miles east of downtown Los Angeles. Designed as a walkable, open-air environment, the property functions as a true community gathering place, offering amenities such as a central promenade, seasonal events, farmers markets, and family-oriented programming. It was 80% leased at the time of sale.
Stockdale plans to actively invest in the community and property. As part of this next chapter, the property will be renamed The Shops at Chino Hills, with additional plans for its rebranding, remerchandising, and repositioning strategy to be shared in the coming months.
“The Shoppes at Chino Hills represents an opportunity to acquire a true ‘Main Street’ retail environment in one of Southern California’s most desirable and supply-constrained submarkets,” said Bastian Peters, who along with Jeff Bhathal, heads Stockdale’s retail platform. “With its strong demographics, experiential tenant mix, and embedded growth potential, the property aligns perfectly with our strategy of acquiring high-quality retail destinations where we can unlock additional value.”
Open-air retail centers have demonstrated remarkable resilience in recent years as consumers continue to gravitate toward accessible, convenience-driven environments where shopping, dining, entertainment, and community experiences intersect. Retailers have increasingly prioritized high-performing lifestyle centers that deliver strong daily visitation, meaningful customer engagement, and long-term market relevance.
The property was marketed for sale by the CBRE team of Jimmy Slusher, Mark Damiani, James Tyrrell, and Shaya Northrup out of the firm’s Irvine, CA office.
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