Metro Properties Acquires a 13,135 Square Foot Retail Center in San Fernando, CA
Metro Properties, LLC is pleased to announce its acquisition of Glenoaks Plaza, a 13,135 square foot retail center in San Fernando, CA. The center is located on the signalized corner of Glenoaks Blvd and Hubbard Street with daily traffic of 45,000 cars. It is shadow anchored by Walgreens and Smart & Final. Tenants include T-Mobile, MetroPCS, Cosmo Prof, and Opartun. This acquisition was the upleg of a 1031 exchange on behalf of Plaza Diamond Bar Partners, LLC. This infill, daily needs strip center in a great location epitomizes our current acquisition strategy.
About Metro Properties, LLC:
Metro Properties, LLC is a real estate investment firm based in Santa Monica, CA that focuses on the acquisition, development and property management of office and retail properties located in the Western United States. For information, call (310) 829-1223, or visit our website: www.metroproperties.net