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Corona Hills Marketplace Trades for $32M
Corona Hills Marketplace, a 148,805-square-foot, grocery-anchored community shopping center in Corona Hills, CA, has traded hands for $31.5 million. JLL marketed the property on behalf of the seller, an unnamed public REIT. An undisclosed private investor purchased the asset.
The asset is situated on 12.28 acres at 529-591 N. McKinley St. in the affluent master-planned community of Corona Hills. Anchored by Vons, PetSmart and Howard’s Appliances, Corona Hills Marketplace is 98% leased to a diverse mix of daily-needs and service-oriented tenants, and is shadow anchored by Walmart.
The JLL Capital Markets team representing the seller was led by Gleb Lvovich, Bryan Ley and Daniel Tyner. Lvovich said, “We are seeing a wide variety of capital targeting grocery-anchored retail along the West Coast. Demand and fundamentals remain strong, especially in key West Coast markets. We expect this to continue, especially if interest rates continue to help investors using leverage.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




