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AGOURA HILLS, CA-Tucker Investment Group Inc. has acquired the 84,979-sf Whizin Shopping Center, a mixed-use center in an area that the City of Agoura Hills has marked for revitalization. Tucker acquired the property from the Whizin Foundation of Los Angeles for $26.2 million.

The center's location at 28912 Roadside Dr. is "in the heart of the Agoura Village project," which city officials envision as a focal point for retail and entertainment, according to managing director Michael Ross of Colliers Investment Services Group. Ross is a partner at the Ross-Cordova Investment Team, which brokered the sale of the Whizin property.

Ross notes that the center occupies a site on the border between Los Angeles and Ventura counties that includes a 2.73-acre land parcel. Another partner, Fred Cordova, adds that the property is part of an area covered by the Agoura Village Specific Plan, which is designed to create a pedestrian-friendly atmosphere in the upscale Agoura Hills neighborhood.

The Whizin Shopping Center is composed of a collection of small specialty retailers and an indoor event venue, the Canyon Club, notes Bill Tucker, president of Tucker Investment Group. The center's location is adjacent to the 101 Freeway, and the 2.73-acre land parcel is located on Canwood Street, on the opposite side of the 101 Freeway, with 1,000 feet of freeway frontage.

Tucker represented itself in the transaction, in which Ross and Cordova were joined by John DeGrinis and Steve Nanino in representing the Whizin Foundation. The seller is a support organization of the Jewish Community Foundation in Los Angeles.

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