Space Investment Partners Buys Grocery-Anchored Shopping Center in Fullerton, California for $118.5M

Space Investment Partners Acquires 395,703-Square-Foot Retail Center in Fullerton, California, for $118 Million

Fullerton, Calif. — Corona del Mar, California-based Space Investment Partners has acquired Fullerton Metrocenter, a 395,703-square-foot community center located in the Orange County city of Fullerton, for $118 million. The… The post Space Investment Partners Acquires 395,703-Square-Foot Retail Center in Fullerton, California, for $118 Million appeared first on Shopping Center Business.

Space Investment Partners Buys Grocery-Anchored Shopping Center in Fullerton, California for $118.5M

FULLERTON, CALIF. — Space Investment Partner has acquired Fullerton Metrocenter, a grocery-anchored retail center in Fullerton, from Kite Realty for $118.5 million. Located at 1375 Harbor Blvd., Fullerton Metrocenter offers 385,703 square feet of retail space occupied by more than 40 national and local retail tenants, including Sprouts Farmers Market, Target, Urban Air Adventure Park and PetSmart. The property was built in 1988 and renovated in …

Fullerton Metrocenter Deal is OC’s Highest-Priced Retail Sale in Eight Years

Space Investment Partners, a Southern California-based private real estate investment, development, and management company, acquired a 395,703-square-foot community retail center located at 1375 Harbor Blvd. in Fullerton from Kite Realty. The $118.5-million deal marks the largest outright sale of a retail asset in Orange County in the past eight years, according to Eastdil Secured. Known as Fullerton Metrocenter, the high-performing, dual-grocer…