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Brixton Pays $100M for Grocery-Anchored Whittier Center
Brixton Capital acquired The Quad at Whittier for $100 million from an undisclosed seller. The purchase was fueled in part by a $250-million retail programmatic joint venture Brixton established with an undisclosed global alternative investment manager last year.
Located at 13400 to 13582 Whittier Blvd. and 8415 to 8330 Painter Ave., the 314,593-square-foot, nine-building retail center is 95.6% occupied. Its credit tenants include Vallarta Supermarkets, Marshalls, Ross Dress for Less, T.J. Maxx, Dollar Tree, Petco, Michaels, Five Below and Burlington.
“We see The Quad as the heartbeat of Whittier,” said Brixton president and CIO Rob Taylor. “Our goal is to thoughtfully enhance the center through targeted improvements and curated leasing so it continues to be a place where the community can gather, shop and connect.”
Chase Levra and Chris Hoffmann of Eastdil Secured represented the seller, while Brixton represented itself. Originally constructed in 1953, the center was expanded in 1965 with renovations completed over time.
- ◦Sale/Acquisition
