Anchored by Stater Bros. Market, the complex encompasses 19,530sf. Other tenants here include Gymboree Play and Music, a drycleaners business, a pet clinic and a couple of restaurants. Theproperty stands at 18533-18549 Yorba Linda Blvd.

George Arce of Centers Dynamic acted on behalf of the NorthernCalifornia-based buyer, Warren Wincorn. The seller, Yorba LindaEast Partners Ltd., was represented by Nick Coo and Richard Walterof Faris Lee Investments. The transaction closed on "pro-formaincome with a rent guarantee," according to the Faris Leebrokers.

The uncertain state of the current economy has investorsclamoring for "safe" real estate investments like grocery-anchoredcenters. Industry experts say grocery-anchored properties tend tobe a safe bet during economic downturns because they providenecessary goods, like food and medicine, which consumers will buyregardless of the recession.

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