Ashkenazy Acquisition Corporation Purchases Retail Asset At The Shops At Atlas Park For $72M

The Shops at Atlas Park, a retail asset located at 80-00 Cooper Avenue in Glendale, comprises approximately 374,000 square feet and sold for $72,000,000 at $192 per square foot.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $72,000,000
• Address: 80-00 Cooper Avenue - The Shops at Atlas Park
• Market: Glendale
• Buyer: Ashkenazy Acquisition Corporation
• Seller: Macerich & Walton Street Capital
• Brokers: Adam Spies - Newmark; Adam Doneger - Newmark; Joshua (Josh) King - Newmark; Marcella Fasulo - Newmark; Conor Lalor - Newmark; Michael Collins - Newmark; Doug Harmon - Newmark; Jordan Roeschlaub - Newmark; Christopher Kramer - Newmark; Nick Scribani - Newmark; Dan O'Brien - Newmark

The deal involved a Newmark broker team representing the parties, including Adam Spies, Adam Doneger, Joshua (Josh) King, Marcella Fasulo, Conor Lalor, Michael Collins, Doug Harmon, Jordan Roeschlaub, Christopher Kramer, Nick Scribani and Dan O'Brien, with Ashkenazy Acquisition Corporation as the buyer and Macerich alongside Walton Street Capital as sellers. The transaction date was July 31, 2025.