Roxbury Properties, a California-based investor, sold 33,004 square feet of retail space in the Hacienda Palms shopping center in Desert Hot Springs, California, for $6.1 million, or approximately $184 per square foot, in all cash. All told, the five-building portfolio sale included properties housing a Chase Bank, an auto repair shop, a car wash and a multitenant strip.
Portfolio of Retail Properties Sells in Desert Hot Springs
Some of California’s Hacienda Palms Shopping Center Traded in an All-Cash Deal
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IN THIS ARTICLE
- Companies
- Progressive Real Estate Partners
Real Estate
- Contacts
- Greg Bedell, CCIM
Senior Vice President, Investment Sales, Progressive Real Estate Partners
- Lotfi Mehdian
Lotfi L Mehdian