The buyer is Pan Pacific Retail Properties. Its new acquisitionis Brookhurst Center, a 181,000-sf retail complex on BrookhurstAvenue.
The retail center is just a few blocks from Disneyland and thetheme park's sister attraction, California Adventure. Both thebuyer and the seller, Southland-based partnership Brookhurst LLC,were represented by Grubb & Ellis broker Dixie Walker.
Disney Corp., the Burbank-based entertainment conglomerate thatoperates both Disneyland and California Adventure, says ticketsales have recently jumped at the two theme parks. That's good newsfor property owners in the area, who depend on Disneyland togenerate more traffic for their projects.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
