{"id":1004130483,"date":"2015-10-30T07:43:29","date_gmt":"2015-10-30T15:43:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004130483"},"modified":"2022-03-03T19:52:25","modified_gmt":"2022-03-04T03:52:25","slug":"inland-real-estate-adds-fresno-retail-property","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/inland-real-estate-adds-fresno-retail-property\/","title":{"rendered":"Inland Real Estate Adds Fresno Retail Property"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

Marketplace at El Paseo<\/a> in Fresno was recently acquired by Inland Real Estate Income Trust<\/a>, greatly expanding the new owner\u2019s commercial real estate portfolio. Inland Real Estate Acquisitions Vice President Matthew Tice led the acquisition process on behalf of the new owner.<\/p>\n

\"Marketplace<\/a>

Marketplace at El Paseo<\/p><\/div>\n

Located at 6549 North Riverside Drive, Marketplace at El Paseo offers a total of 224,683 square feet of retail space. The facility benefits from placement in a high-traffic area of the city that draws around 120,000 consumers. The sector of the city located between the 99 Freeway and Fresno\u2019s Herndon Avenue is a residential and retail corridor that has been generating more and more activity over the past interval.<\/p>\n

Developed in 2014, the retail property is just four percent vacant. At the time of the sale, El Paseo had a tenant roster consisting of names such as Burlington Coat Factory, Ross Dress for Less, Marshalls, Old Navy, Petco, Famous Footwear, and Ulta Beauty. Target shadow anchors the retail center, and was not involved in the transaction.<\/p>\n

Image courtesy of Google Streetview <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

One of Fresno County\u2019s largest retail properties trades hands.<\/p>\n","protected":false},"author":41,"featured_media":1004130508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,1594,21742,21749],"tags":[],"class_list":["post-1004130483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-los-angeles","category-latest","category-retail"],"acf":[],"yoast_head":"\nInland Real Estate Adds Fresno Retail Property - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/inland-real-estate-adds-fresno-retail-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inland Real Estate Adds Fresno Retail Property\" \/>\n<meta property=\"og:description\" content=\"One of Fresno County\u2019s largest retail properties trades hands.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/inland-real-estate-adds-fresno-retail-property\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-30T15:43:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T03:52:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Marketplace-at-El-Paseo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1823\" \/>\n\t<meta property=\"og:image:height\" content=\"686\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inland-real-estate-adds-fresno-retail-property\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inland-real-estate-adds-fresno-retail-property\\\/\"},\"author\":{\"name\":\"Alex Girda\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/540f0253de89dedaae7684239611b81c\"},\"headline\":\"Inland Real Estate Adds Fresno Retail Property\",\"datePublished\":\"2015-10-30T15:43:29+00:00\",\"dateModified\":\"2022-03-04T03:52:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inland-real-estate-adds-fresno-retail-property\\\/\"},\"wordCount\":193,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inland-real-estate-adds-fresno-retail-property\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/10\\\/Marketplace-at-El-Paseo.jpg\",\"articleSection\":[\"Investment\",\"Los Angeles\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inland-real-estate-adds-fresno-retail-property\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inland-real-estate-adds-fresno-retail-property\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inland-real-estate-adds-fresno-retail-property\\\/\",\"name\":\"Inland Real Estate Adds Fresno Retail Property - 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