LOS ANGELES, CA-HFF will market Vernola Marketplace, a 382,963-square-foot retail power center in Jurupa Valley. The firm is handling the property on behalf of the seller, a joint venture between Rockwood Capital and Vestar.

Vernola Marketplace is located at 6205 Pats Ranch Road adjacent to the I-15 Freeway. The 22.2-acre site is situated 45 miles east of downtown Los Angeles, 20 miles from Orange County and eight miles from the L.A./Ontario International Airport. Completed in 2007, the 210,963 square foot center is 84% leased to tenants including Lowe's (not included in offering), Ross Dress for Less, Bed Bath and Beyond, Michael's, Petco, BevMo!, Denny's, Five Guys Burgers and Fries and Jamba Juice. The HFF team representing the seller is led by managing director Bryan Ley, director John Crump and senior managing director Michael Ross.

“Vernola Marketplace is an outstanding, strategically located asset, blending core tenancy with the ability to create additional value through the re-tenanting of a 20,953-square-foot junior anchor space and 13,225 square feet of inline space,” says Ley.

One of the leading privately held real estate companies in the western United States, Vestar specializes in the acquisition, management, and development of commercial real estate, including entertainment-retail complexes, power and lifestyle centers, and neighborhood centers of varying size and scale that serve as community shopping destinations with a unique sense of place.

Instant Insights /

HFF Named to Market Retail Power Center

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