Brixmor Property Group Acquires Retail Asset From MetLife Investment Management For $138M In Chino
California
See Similar DealsBrixmor Property Group Acquires Retail Asset From MetLife Investment Management For $138M In Chino
4097 Grand Avenue
See Similar DealsSummary
The property asset involved in the transaction is located at 3801–4097 Grand Avenue in Chino, comprising a retail space with a size of 461,269 square feet. The asset was sold for a total price of $138,000,000, translating to a price per square foot of $299.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $138,000,000
- Address: 3801–4097 Grand Avenue
- Market: Chino
- Square Feet: 461,269
- Price per Square Foot: $299
- Buyer: Brixmor Property Group
- Seller: MetLife Investment Management, the institutional asset management business of MetLife, Inc.
- Brokers: Jimmy Slusher, Preston Fetrow, James Tyrrell, Mark Damiani & Shaya Northrup - CBRE
The transaction involved key individuals such as the representatives from CBRE, including Jimmy Slusher, Preston Fetrow, James Tyrrell, Mark Damiani, and Shaya Northrup, who played a significant role in facilitating the sale between the buyer and seller.
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