JLL Capital Markets has arranged the $31 million sale of Five Points Plaza, a 129,699-square-foot grocery-anchored retail center in Riverside, California. The property, anchored by a high-performing Stater Bros alongside tenants such as Del Taco, Jack in the Box, and Dollar Tree, was sold by its original developer, a private family, to Longpoint. The transaction highlights the ongoing investor interest in grocery-anchored retail in the Inland Empire, a region experiencing strong growth and affordability. JLL's Investment Sales and Advisory team was led by Managing Director Daniel Tyner and Senior Managing Directors Gleb Lvovich and Geoff Tranchina.
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