SOUTH GATE, CA-Red Mountain Retail and Allied Retail Partners have named Buchanan Street Partners of Newport Beach to structure all of the capital for a $218.4-million construction project that will create the 498,880-sf El Portal Entertainment Center. The regional entertainment and multimedia-themed shopping center will be anchored by Target, Ross and Regency Theatres as well as other entertainment and community gathering spaces.

Michael Mugel, CEO of Red Mountain Retail Group, says that the developers are confident that they will have our capital in place prior to breaking ground at year-end. El Portal will offer what the developers describe as a unique, high-tech, state-of-the-art lifestyle shopping experience.

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?


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


Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

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