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VISTA, CA-Private investors Phyllis and Bill Foster acquire the 14-year-old asset from Newport Terrace Partners LP in a deal worth $6.1 million. The buyers intend to hold the property as a long-term investment.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
June 12, 2025
Shopping center properties have an attractive supply-demand imbalance that is helping to stave off negative effects from economic uncertainty.
June 12, 2025
The portfolio spans 683,330 square feet.
June 12, 2025
In 2024, 10.8% of sellers of single-family residential properties were investors.
