Pan Pacific Retail Properties Inc., the largest neighborhood shopping center real estate investment trust on the West Coast, today announced acquisitions in Hacienda Heights, Hillsboro, OR and Las Vegas totaling about 600,000 sf.
The company financed the deals with a combination of cash and draws under its unsecured line of credit.
"We are continuing to enhance our leadership position on the West Coast through selectively acquiring grocery-anchored shopping centers within our core markets," says Stuart A. Tanz, president and chief executive officer. "The properties are well situated in demographically strong areas."
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