{"id":1004199969,"date":"2017-12-11T15:21:31","date_gmt":"2017-12-11T23:21:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004199969"},"modified":"2022-12-05T05:09:39","modified_gmt":"2022-12-05T13:09:39","slug":"hff-arranges-sale-of-150ksf-inland-empire-shopping-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-of-150ksf-inland-empire-shopping-center\/","title":{"rendered":"HFF Arranges Sale of 150KSF Inland Empire Shopping Center"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004199971\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/1688-N.-Perris-Blvd.-Inland-Empire.png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004199971\" data-attachment-id=\"1004199971\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-of-150ksf-inland-empire-shopping-center\/1688-n-perris-blvd-inland-empire\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/1688-N.-Perris-Blvd.-Inland-Empire.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1688 N. Perris Blvd., Inland Empire\" data-image-description=\"&lt;p&gt;1688 N. Perris Blvd., Inland Empire&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;1688 N. Perris Blvd., Inland Empire&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/1688-N.-Perris-Blvd.-Inland-Empire.png?w=800\" loading=\"lazy\" class=\"wp-image-1004199971 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/1688-N.-Perris-Blvd.-Inland-Empire.png\" alt=\"1688 N. Perris Blvd., Inland Empire\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/1688-N.-Perris-Blvd.-Inland-Empire.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/1688-N.-Perris-Blvd.-Inland-Empire.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/1688-N.-Perris-Blvd.-Inland-Empire.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004199971\" class=\"wp-caption-text\">1688 N. Perris Blvd., Inland Empire<\/p><\/div>\n<p>HFF has represented Coudures Family in the sale of Perris Plaza, a 150,148-square-foot shopping center in Perris, Calif. The buyer is Nuevo Perris, a joint venture made up of Laguna Beach-based Wood Investments; Joel Farkas, a real estate company based in Colorado and SandTree Holdings, headquartered in El Segundo. The transaction included two additional parcels of land which the buyer plans to use to expand the existing shopping center to almost 300,000 square feet.<\/p>\n<p>Perris Plaza, located at 1688 N. Perris Blvd., is anchored by Food 4 Less and is 98 percent occupied by\u00a0several national and regional retailers including Regency Theatres, Burger King, IHOP, Del Taco and Starbucks. Leasing of the upcoming space has already begun, so a number of new retailers and restaurants are expected to join the existing businesses.<\/p>\n<p>The 38-acre site is adjacent to Interstate 215 and is part of a very busy area. Daily traffic counts approximately 160,000 vehicles.<\/p>\n<p>Managing Directors Gleb Lvovich and Bryan Ley of HFF arranged the deal on behalf of the seller. At the beginning of November, the same team represented another <a href=\"https:\/\/www.commercialsearch.com\/news\/u-s-realty-snags-57m-ca-shopping-center\/\">retail sale in Murrieta, Calif<\/a>.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The buyer of Perris Plaza, a joint venture, plans to expand the property to almost 300,000 square feet and bring several new retailers and restaurants. Leasing has already started.<\/p>\n","protected":false},"author":1064,"featured_media":1004199971,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,34027,21742,21749,15],"tags":[32792,38556],"class_list":["post-1004199969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-inland-empire","category-latest","category-retail","category-west","tag-hff","tag-wood-investments"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HFF Arranges Sale of 150KSF Inland Empire Shopping Center - 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\/hff-arranges-sale-of-150ksf-inland-empire-shopping-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Arranges Sale of 150KSF Inland Empire Shopping Center\" \/>\n<meta property=\"og:description\" content=\"The buyer of Perris Plaza, a joint venture, plans to expand the property to almost 300,000 square feet and bring several new retailers and restaurants. 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Perris Blvd., Inland Empire"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-of-150ksf-inland-empire-shopping-center\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"HFF Arranges Sale of 150KSF Inland Empire Shopping Center"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fea14f28ef4cea0e4f36b0516e632ebb","name":"Gabriel Circiog","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ddbbbe4a5e8a5d029214b4a9099495111d971242a7b4ca0b89a5012990e1ab0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ddbbbe4a5e8a5d029214b4a9099495111d971242a7b4ca0b89a5012990e1ab0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ddbbbe4a5e8a5d029214b4a9099495111d971242a7b4ca0b89a5012990e1ab0?s=96&d=mm&r=g","caption":"Gabriel Circiog"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/gabrielcirciog\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/1688-N.-Perris-Blvd.-Inland-Empire.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004199969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1064"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004199969"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004199969\/revisions"}],"predecessor-version":[{"id":1004620869,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004199969\/revisions\/1004620869"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004199971"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004199969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004199969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004199969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}