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Brixmor Property Group Acquires Retail Asset From MetLife Investment Management For $138M In Chino

Property Image
SOLD
$138,000,000
Jimmy Slusher
James Tyrrell
+ 2

California

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Retail461,269 SF
Sold 12/19/2025
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Property Image
SOLD

Brixmor Property Group Acquires Retail Asset From MetLife Investment Management For $138M In Chino

4097 Grand Avenue

See Similar Deals
Retail461,269 SF
Sold 12/19/2025
Jimmy Slusher
James Tyrrell
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$299
Total Square Footage:461,269 SF
Transaction Type:Sale

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:

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.

Players

Jimmy Slusher
16 deals$474.4M volume(949) 725-8507
BROKER

Preston Fetrow
CBRE
6 deals$215.2M volume
BROKER

James Tyrrell
CBRE
6 deals$147.6M volume(949) 725-8473
BROKER

Mark Damiani
CBRE
1 deal$110M volume(805) 451-2234
BROKER


BUYER

Details

SOLD
IMAGE: Jimmy Slusher, Preston Fetrow, James Tyrrell, Mark Damiani & Shaya Northrup DATE: 12/19/2025 ADDRESS: 3801–4097 Grand Avenue MARKET: Chino ASSET TYPE: Retail BUYER: Brixmor Property Group (@BrixmorPropertyGroup) SELLER: MetLife Investment Management, the institutional asset management business of MetLife, Inc. BROKERS: Jimmy Slusher, Preston Fetrow, James Tyrrell, Mark Damiani & Shaya Northrup - CBRE (@CBRE) SALE PRICE: $138,000,000 SF: 461,269 ~ PPSF: $299

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$7,360,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$490,284.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$654,190.40
Annual Debt Service$7,850,284.85