The property asset involved in this transaction is a retail space located at 8012-8082 Limonite Avenue in Jurupa Valley, encompassing a total of 23,300 square feet. The retail space will serve as an anchor for the Jurupa Valley Spectrum Shopping Center, specifically repurposing an area previously occupied by a movie theater.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Square Footage: 23,300
• Address: 8012-8082 Limonite Avenue
• Market: Jurupa Valley
• Landlord: Kite Family LP
• Tenant: Sprouts Farmers Market
• Landlord's Representative: Roxanne Klein - Progressive Real Estate Partners
• Tenant's Representatives: Ryan Sullivan & Jeff Nichols - CBRE

This lease agreement marks the involvement of significant representatives in the transaction, with Roxanne Klein representing the landlord, Kite Family LP, while the tenant, Sprouts Farmers Market, was represented by Ryan Sullivan and Jeff Nichols of CBRE. The new store plans to open in 2026.