VALENCIA, CA-A fully leased, prime grocery-anchored neighborhood center is on the block for sale in the Los Angeles submarket of Santa Clarita. The Jones Lang LaSalle’s capital markets team was hired to market the 126,956-square-foot center here, and managing director Michelle Schierberl, tells GlobeSt.com that a significant amount of investors are expected to be interested in Bridgeport Marketplace.
Schierberl points out that investors like pension funds, REITS, and private buyers will be attracted to the center “for its stabilized income stream with long-term leased tenants, as this type of core, class A property is extremely scarce lately.”
Bridgeport Marketplace was built in 2008 and is located at the intersection of McBean Parkway and Newhall Ranch Road in Valencia. It is anchored by Walgreen’s and Valley Produce Market and home to a number of other restaurants as well as medical office and fitness offerings.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
