Commercial Real Estate Direct reported October 27 that Barings paid $66.2 million for the 118,876-SF Village Center at Rose in Placentia, California, approximately $557/SF.
MONTCO Today’s October 27 report, updated October 28, gives a $60 million price and 257,000 SF for the Marketplace at Huntingdon Valley, approximately $233/SF. Wilder and investors advised by JPMorgan Asset Management acquired the center.
Connect CRE reported October 28 that PREP paid $63.1 million for the reported 470,000-SF Promenade at Casa Grande, approximately $134/SF. Dillard’s, JCPenney and Target anchors were excluded from that transaction.
Analysis: The per-SF figures are rounded calculations from the reported prices and areas. They do not control for lease terms, operating income, location or the interests conveyed. The spread alone cannot identify which factor caused a valuation difference or establish comparable investment yields.
Key Takeaways
- Reported pricing ranges from approximately $134/SF to $557/SF across these different retail properties. Compare conveyed interests, leases and operating income before using the figures as investment comparables.
Commercial Real Estate Direct, October 27, 2026: Barings paid $66.2M for 118,876-SF Village Center at Rose, Placentia; nearly $557/SF. https://crenews.com/2026/10/27/barings-pays-66-2mln-for-los-angeles-area-retail-property/ · MONTCO Today, October 27, updated October 28, 2026: Marketplace at Huntingdon Valley sold for $60M, 257,000 SF, about $233/SF; buyer Wilder and investors advised by JPMorgan Asset Management. https://montco.today/2026/10/marketplace-huntingdon-valley-sold-60-million/ · Connect CRE, October 28, 2026: PREP paid $63.1M for reported 470,000-SF Promenade at Casa Grande; Dillard’s, JCPenney and Target anchors excluded. Approximately $134/SF is derived from price / reported area, not a cap rate. https://www.connectcre.com/stories/casa-grande-power-center-trades-for-63-1m/
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