Shopping center sells for $54.3 million

A community shopping center in Ontario has been sold for $54.3 million.

New Haven Marketplace was purchased by Sakioka Farms, a Costa Mesa-based real estate company, according to a statement released Monday by Newmark Group Inc.

Newmark represented the buyer,  Frontier Real Estate Investments in Newport Beach.

Anchored by a Stater Bros. market, New Haven Marketplace sits on 10 acres at the southwest corner of Haven Avenue and Ontario Ranch Road.

Its 95,000 square feet of retail space includes Chase Bank, Carl’s Jr., Pacific Dental and Starbucks, according to the statement.