Acquisition Bank California Chinese education Healthcare Internet Investment Medicine Real Estate Restaurant Retail Technology Washington
The privately-held investment firm Barings paid $66.2 million for the Ralphs-anchored Village Center at Rose on Oct. 15 in Placentia. “The acquisition of Village Center at Rose, anchored by a dominant grocer, further advances our strategy to invest in necessity-based retail, with a focus on strengthening portfolio income durability and cash flow visibility,” Kevin Miller, Barings’ head of U.S. Real Estate Acquisitions, said in a statement. “The property’s established tenant base, strong occupancy and location in a supply-constrained market align well with our investment approach.” CBRE represented the seller, First Washington Realty. The 118,876-square-foot shopping center at 600-858 North Rose…
News Timeline:
Track the development of this news story across the Internet.