The land is at the southeast corner of Carson and Abalonestreets. The acquisition by the Sun Family Trust includesentitlements to build up to 58,000 sf of retail space on theparcel, according to a broker involved in the deal.

Richard Rizika and Brent Cunningham of CB Richard Ellis RetailServices represented the seller, LA-based Regency Realty Group. Theprivate Sun Family Trust was represented by David Minck of locallybased California Retail Investments.

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