Lou Hirsh

<html><head></head><body><div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Federal Realty Investment Trust plans a redevelopment after buying a majority stake in Grossmont Center, a regional mall in eastern <span class="Enhancement"><span class="Enhancement-item"><a class="Link
" href="https://product.costar.com/Market/#/search/detail/market/USA/type/2/property/6/geography/41740/slice/all">San Diego</a></span></span> County, in a deal valuing the property at $175 million and marking the region&#x2019;s first large retail sale in several years.</p></div></div></body></html>

Retail

Grossmont Center

Federal Realty Acquires Controlling Stake in Grossmont Center in La Mesa, California

REIT Plans Redevelopment After Buying Retail Mall Near San Diego

CoStar

Add a Listing

The <b>CoStar Power Broker Awards</b> are based on transaction data included in CoStar’s commercial real estate database, the largest and most comprehensive database of commercial real estate information. The methodology used for all company and individual categories can be found <c>here</c>. A complete list of winners by market can be found <a>here</a>.

<b>Business Immo</b> is a CoStar Group news service covering commercial real estate in France.

This article was originally published on <a>Homes.com</a>.

<b>CoStar's Impact Awards</b> highlight the commercial real estate transactions and projects that have transformed their markets over the past year. The winners are chosen by independent panels of industry professionals who work in the markets they judge. Learn more about the awards <a>here</a>.

CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

Email article

Share on Facebook

Share on LinkedIn

Print article

Share on Twitter

MORE NEWS ABOUT THIS PROPERTY

In case you didn’t hear, Hotel News Now has joined forces with another award-winning news team, CoStar News. Other than a different look and location, not much is going to change with the HNN team, its coverage philosophy or how your personal data is used. Check out {learnMoreLink} for answers to the questions you may have.

CoStar News - Not Found

OPEN SAVED SEARCHES

ALL RESULTS HAVE BEEN LOADED

In Your Market

In Your Region

LOAD MORE RESULTS

My Feed

News For You

NEWS SEARCH

No result found

NO RESULTS

Search All News

Search Results

Top News

Update Your News Preferences

Featured

International News

Video

Get In Touch

Get CoStar's latest information for hotel decisionmakers delivered to your inbox.

Yes, I would like to receive information on behalf of HNN's industry partners

Administrative Assistant

Assistant GM

Managing Director

Marketing Director

Owner

President

Principal

Regional Manager

Sales Associate

Sales Manager

Student

Vice President

Analyst/Consultant

Other

Department Head

Department Manager

Director

District Manager

EVP / SVP

General Manager

CoStar Home

CoStar | #1 Commercial Real Estate Information Company

News | {content}

You can still sign up for CoStar’s weekly bulletins today to sample what CoStar News has to offer you.

Title

REIT Plans Redevelopment After Buying Retail Mall Near San Diego

RELATED ARTICLES

IN THIS ARTICLE

Get In Touch
888-226-7404

RELATED ARTICLES

Walgreens to close 12 stores in San Francisco as pharmacy chains shrink footprints

Kimco completes largest Jacksonville, Florida, retail acquisition in a decade

Kohl’s plans 27 store closings, adding to national list in new year

Christmas trading results reveal retailers' plans for 2025

What to look out for in retail investment in 2025

REIT Plans Redevelopment After Buying Retail Mall Near San Diego

RELATED ARTICLES

IN THIS ARTICLE

Get In Touch888-226-7404

Get In Touch
888-226-7404