Search
 

Woodland Hills Shopping Center Sails

LOS ANGELES-Paragon Commercial Group acquires the Woodland Hills Shopping Center for an undisclosed sum in an off-market transaction.

By Kelsi Maree Borland | Updated on September 12, 2013

LOS ANGELES- PCG Woodland Hills Topanga LLC, an affiliate of Paragon Commercial Group, has acquired the Woodland Hills shopping center in the San Fernando Valley for an undisclosed sum in an off-market sale. The 112,649-square-foot shopping center is 100% leased by retail clients, including major anchor brands Toys R’ Us, Office Depot and Off Broadway Shoes.

 “With significant barriers to entry, strong traffic counts with signalized access and positioning at the heart of Warner Center, this acquisition provides Paragon and its investors with an asset that will continue to deliver returns on both a short- and long-term basis,” says Mark Harrigian, principal of Paragon Commercial Group. “This is the second acquisition in the San Fernando Valley for Paragon as we continue to aggressively grow our portfolio of quality, retail assets in Southern California.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.