A New York-based real estate investment trust dropped nearly $140 million on a shopping complex in San Bernardino County. Brixmor Property Group purchased Chino Spectrum Towne Center from MetLife Investment Management for $138 million, the Los Angeles Times reported. CBRE’s Jimmy Slusher, Preston Fetrow, James Tyrrell, Mark Damiani and Shaya Northrup represented the seller of the 461,269-square-foot retail center; the buyer’s representation was not disclosed. The outdoor mall at 3801-4097 Grand Avenue in Chino is currently 95 percent leased and comprises 20 separately owned parcels. Tenants include newly opened grocery anchor H Mart and other anchors including Walmart Supercenter and […]
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