CHINO HILLS, CA—Holliday Fenoglio Fowler, L.P. (HFF) has closed the $147 million sale of The Shoppes at Chino Hills, a 377,966-square-foot, trophy lifestyle center located here.
HFF marketed the property on behalf of the seller, MX3 Ventures. Dunhill Partners, Inc. purchased the asset. HFF handled the prior sale of this property in 2010 from a bank consortium group led by Bank of America and the current owner.
The Shoppes at Chino Hills was originally developed by Opus West in 2008. Located at 13800-13920 City Center Drive, the open-air, pedestrian-oriented center is part of a larger master-planned project that includes the Chino Hills Civic Center, Chino Hills City Hall, Chino Hills Police Station and the public library. The 96%-leased property was designed by Altoon + Porter architects and is anchored by Forever 21, H&M, Trader Joe's, Banana Republic, Victoria's Secret and Barnes & Noble.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
