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TUSTIN, CA-Family owned and locally based Bergstroms Childrens Stores hasacquired the 18,000-sf Newport Camino Plaza community shopping center here for$6.6 million and, in a separate deal, the 27,825-sf Foothill Marketplace has sold formore than $3.6 million, according to Cushman & Wakefield and Sperry Van Ness.

In the Tustin transaction, the new owners secured a property at 13942-13982 NewportAve. that was 100% leased at the time of the sale, report Jeff Chiate and Rick Ellison inCushman & Wakefield’s Irvine office, who represented the buyer. Besides Petco, othertenants include Punchout Fitness, Rallys Hamburgers, and several locally basedretailers. The center was built in 1995. The seller, Newport Camino Plaza LP, wasrepresented by Ryan Litrich and Damon Wyler of Sperry Van Ness.

In the Rialto sale, Broadview One LP of Los Angeles bought the Foothill Marketplaceat the northwest corner of Foothill Boulevard and Lilac Avenue from Irvine-basedFoothill Marketplace LTD, reports Brad Umansky of Sperry Van Ness in Ontario, whorepresented the seller. The buyer was represented by George Barkhordarian, anindependent broker. Built in 1988, the marketplace consists of two 12-unit buildingsand is located between the 10 and 210 freeways. At the time of the sale, the propertywas 95% leased to such tenants as Arrowhead Credit Union, Cost Bargain DiscountStore and Wonder Bread.

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