SRS Real Estate Partners
Home Depot-Anchored Retail Center Trades in Phoenix
PASSCO Cos. sold the Laveen Village Marketplace to Litwin Management. The 56,747-square-foot asset sits within the Phoenix-Mesa-Scottsdale Metropolitan Statistical Area.
SRS Appoints National Net Lease Group VP
Based in the firm’s Newport Beach office, Ara Rostamian advises clients on the acquisition and disposition of retail real estate properties throughout Los Angeles, Southern California and the Western U.S.
Merger of Drugstore Giants Changes Course
Under the new $5.2 billion deal, Walgreens Boots Alliance will purchase 2,186 stores from Rite Aid Co., along with three distribution centers and related inventory.
SRS Opens New San Diego Office
SRS Real Estate Partners has hired Sam Hanna and Bryan Raphaelson, both from Marcus & Millichap’s net lease group, to anchor the new San Diego team. The company also appointed Michael Lagazo, formerly of SVN, as vice president.
A Cautious Step Forward
Uncertainty surrounding the political climate led to a softening in retail investment toward the end of last year, and so far, 2017 is not much better.
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