Known as Rolling Ridge Plaza, the 93%-occupied complex is located at 2959 Chino Ave. Ralph's Supermarket and Bank of America are the anchors for the 85,500-sf plaza. Other tenants include State Farm Insurance, San Bernardino County, RE/Max Realty and Pizza Hut.
"Rolling Ridge Plaza represented a stable investment opportunity," says Bill Winn, Passco's CEO. "It is one of only two grocery-anchored centers which serve the affluent Northern Chino Hills area and grocery-anchored centers tend to perform above market during economic recessions."
Rolling Ridge Plaza is the latest addition to Passco's portfolio of self-administered assets, which consists of more than 1.6 million sf of office and retail properties. The company specializes in real estate investment and 1031 tax exchange opportunities.
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