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POWAY, CA-Glendale-based American Realty Advisors acquired theCreekside Center for $37 million. The 127,285-sf retail property isanchored by Stater Brothers grocery store.San Francisco-basedBraemer Properties sold the center, which is located at 13573 PowayRd. Built in 1993, Creekside Center was 100% leased at the time ofsale and includes tenants such as Starbucks, Radio Shack, FedEx,Kinko's, Baskin Robbins, Daphne's Greek, Jiffy Lube and the UPSStore.Chris Jackson, vice president of investment for Grubb andEllis, tells Globest.com that the retail property will undergo someretenanting in the coming months as leases come to an end. Thereare currently no plans for any refurbishments to be made to theproperty.Jackson tells Globest.com that Poway's market is on thesteady incline on all fronts. "The investments market is strong andthe leasing market is strong. Overall, this was an excellent dealmade in an excellent market."Late last year American Realtypurchased the Safari Business Center, a 1.4-million-sf multi-tenantproperty in Ontario. Spanning 52 acres, the industrial property isthe largest in the Inland Empire. Jackson and Todd Lorber, bothfrom Grubb & Ellis' North Los Angeles office, represented thebuyer in the transaction. Jack Naliboff and Craig Carlson ofStepStone Real Estate represented the seller.