EL MONTE, CALIF. — CBRE has arranged the sale of Santa Fe Trail Plaza, a grocery-anchored community center in El Monte, east of downtown Los Angeles. A joint venture between Los Angeles-based Festival Capital and Hartford, Conn.-based Hutensky Capital Partners sold the 112,335-square-foot shopping center to Newport Beach, Calif.-based TA Realty for an undisclosed price.
Completed in 2006, Santa Fe Trail Plaza is situated on 9.2 acres at 10601-10761 Valley Blvd. and 10714 King Court. Superior Grocers, Ross Dress for Less, Petco, Five Below, Starbucks Coffee, Subway, Jack in the Box, AT&T, Chipotle, Jersey Mike’s Subs, Flame Broiler, Wing Stop and The UPS Store are tenants at the property.
Philip Voorhees, Kirk Brummer and Sean Heitzler of CBRE’s National Real Partners-West represented the seller and buyer in deal.