LOS ANGELES-A major West Coast shopping center owner has inked an $18.3-million deal to purchase a 136,924-sf shopping center in Valencia.

The transaction involves the Granary Square Shopping Center, which is located on McBean Parkway, just east of Interstate 5 in Valencia. Built in 1982, it sits on 13.6 acres of land and is anchored by Ralph’s, Long’s Drugs, Washington Mutual and First American Title.

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