Public REIT Sells Corona Hills Marketplace in SoCal

The nearly 150,000-square-foot retail center in the Inland Empire sold for $31.5 million.

An unnamed public REIT has sold the Corona Hills Marketplace in the Inland Empire for $31.5 million to a private investor. The nearly 150,000-square-foot property is anchored by a Vons, PetSmart and Howard’s Appliances.

The property is located on 12.28 acres at 529-591 N. McKinley Street in Corona Hills. It is 98% leased.

The JLL Capital Markets managing director Gleb Lvovich, managing director Bryan Ley and director Daniel Tyner represented the seller.

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