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TA Realty Acquires Retail Asset In El Monte From Hutensky Capital Partners

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SOLD

California

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Retail112,335 SF
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SOLD

TA Realty Acquires Retail Asset In El Monte From Hutensky Capital Partners

10601 Valley BLVD, El Monte, CA, 91731

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Retail112,335 SF
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:112,335 SF
Transaction Type:Sale

Santa Fe Trail Plaza, a grocery-anchored community center in El Monte, east of downtown Los Angeles, has been sold to Newport Beach, Calif.-based TA Realty. The 112,335-square-foot shopping center, situated on 9.2 acres at 10601-10761 Valley Blvd. and 10714 King Court, was completed in 2006. The property boasts tenants such as Superior Grocers, Ross Dress for Less, Petco, Five Below, Starbucks Coffee, Subway, Jack in the Box, AT&T, Chipotle, Jersey Mike’s Subs, Flame Broiler, Wing Stop, and The UPS Store.

Summary of transaction details:

The sale of Santa Fe Trail Plaza was facilitated by a joint venture between Los Angeles-based Festival Capital and Hartford, Conn.-based Hutensky Capital Partners. The deal was represented by Philip Voorhees, Kirk Brummer, and Sean Heitzler of CBRE’s National Real Partners-West, who acted as the seller's and buyer's representatives in the transaction.

Players

Sean Heitzler
5 deals$107.1M volume
BROKER

Philip Voorhees
CBRE
12 deals$361.4M volume
BROKER

Kirk Brummer
Kidder Mathews
5 deals$168.3M volume(949) 295-7262
BROKER

TA Realty
BUYER

Details

SOLD
IMAGE: 10601 Valley BLVD, El Monte, CA, 91731 MARKET: El Monte ASSET TYPE: Retail BUYER'S REP: Kirk Brummer(Kidder Mathews), Sean Heitzler(CBRE) SELLER'S REP: Philip Voorhees(CBRE) BUYER: TA Realty Buyer SELLER: Hutensky Capital Partners SF: 112335

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