SRS Completes $54M Sale of Ontario Retail Center
SRS Real Estate Partners’ Investment Property Group has completed the $54 million sale of New Haven Marketplace, a 95,000-square-foot shopping center in Ontario, CA. Anchored by Stater Bros, the 10.6-acre, fully-leased retail center also includes Starbucks, Chase Bank, Carl’s Jr. and Brew Haven as tenants. “SRS secured several offers on the asset and selected a ... The post SRS Completes $54M Sale of Ontario Retail Center appeared first on Connect CRE.
![SRS Completes $54M Sale of Ontario Retail Center](https://www.connectcre.com/wp-content/uploads/2023/03/New-Haven-Marketplace-Ontario-CA.jpg)
SRS Real Estate Partners’ Investment Property Group has completed the $54 million sale of New Haven Marketplace, a 95,000-square-foot shopping center in Ontario, CA. Anchored by Stater Bros, the 10.6-acre, fully-leased retail center also includes Starbucks, Chase Bank, Carl’s Jr. and Brew Haven as tenants.
“SRS secured several offers on the asset and selected a qualified buyer who assumed the property’s existing loan,” said the firm’s SVP Pat Kent, who along with Parker Walter represented the seller in the transaction. “This recently developed grocery-anchored shopping center is well-situated within a highly desirable area that is rare to find.” The buyer, a California-based family office, was represented by Newmark’s Glen Rudy.
“This property includes Rodeo X, a market hall,” added Walter. “Market Halls are extremely popular and add tremendous value and tenant synergy to a shopping center by providing consumers several food options and a place where you like to spend time.”
The post SRS Completes $54M Sale of Ontario Retail Center appeared first on Connect CRE.
What's Your Reaction?
![like](http://gatherdom.com/assets/img/reactions/like.png)
![dislike](http://gatherdom.com/assets/img/reactions/dislike.png)
![love](http://gatherdom.com/assets/img/reactions/love.png)
![funny](http://gatherdom.com/assets/img/reactions/funny.png)
![angry](http://gatherdom.com/assets/img/reactions/angry.png)
![sad](http://gatherdom.com/assets/img/reactions/sad.png)
![wow](http://gatherdom.com/assets/img/reactions/wow.png)