IE Business Daily Business news for the Inland Empire.
A strip mall in Menifee has been sold to a private investor.
The Shops at Town Center Marketplace, located at 30029-30067 Haun Road, changed hands for $9.4 million, according to a statement released by CBRE.
Buyer and seller were both represented by CBRE. Neither party’s name was released.
The project, which was completed in 2106, covers more than 12,600 square feet. Its tenant mix includes Sprint, The Habit, Jimmy John’s Yogurtland and WestCoast Dental, according to the statement.
A 558,000-square-foot mixed-use project is being developed on 172 acres next door to the mall. It will include 850 residential units, a movie theater, park and land for city hall, according to the statement,
