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LA Investor Acquires Sacramento-Area Shopping Center
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LA Investor Acquires Sacramento-Area Shopping Center
The Shops at Laguna Reserve, a 33,308-square-foot, fully leased shopping center shadow-anchored by a newly constructed Safeway grocery store in Elk Grove, a Sacramento suburb, has sold for $19,175,000 to Bershon Realty Company, LP, a private investment company based in Los Angeles. The sale included six pad buildings but did not include the Safeway. Bershon Realty was represented by Bill Asher and Jeremy McChesney of Hanley Investment Group Real…
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