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Three Northern California shopping centers recently changed hands in sales worth more than $72M. Cushman & Wakefield Executive Managing Directors Dan Wald and Don LeBuhn advised the sales of these centers.
Codding Enterprises sold its Raley’s Towne Center in Rohnert Park to Argonaut Investments. This grocery-anchored shopping center is about 141K SF. SyWest Development sold its 42K SF Pinole Ridge Shopping Center to Victory Village 2004. A public real estate investment trust sold the grocery-anchored 121K SF River Park Crossings in Fresno to Hastings Ranch Shopping Center, which was repped by Highland Partners.
Cushman & Wakefield’s Northern California retail investment sales team specializes in the disposition of retail properties for large institutions, private capital investors and lenders across the Bay Area, Sacramento and Central Valley. The team also has advised transactions in Los Angeles, Nevada and Arizona. The Wald/Lebuhn team has advised in the sale of more than 220 properties worth more than $2.5B.
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