In the largest transaction, the San Diego-based company sold Santa Fe Springs Plaza, a 165,000-sf community shopping center in Santa Fe Springs to Santa Fe Springs Plaza Associates LLC for about $19.7 million. The buyer is a joint venture between ScanlanKemperBard Cos. of Oregon and Praedium Group.

Burnham Pacific also sold its 25% ownership interest in the 77,000-sf Margarita Plaza shopping center in Huntington Park to California Urban Investment Partners LLC for about $1.88 million.

The REIT also sold its interest in a 37,000-sf leasehold at Brickyard Plaza in Salt Lake City, Utah, for about $750,000 to Pacific Retail LP, a joint venture led by affiliates of PO'B Montgomery & Company and Apollo Real Estate Advisors. The sale represents the third deal under an agreement with Pacific Retail of Burnham's interest in up to 15 properties.

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