Blockchain Registration Transaction Record

SRS Closes $5.95M Retail Sale in French Valley Marketplace Breakup Strategy

SRS Real Estate Partners closes $5.95M retail property sale at French Valley Marketplace in Winchester, CA. Transaction part of $55M+ center breakup strategy with 5.92% cap rate.

SRS Closes $5.95M Retail Sale in French Valley Marketplace Breakup Strategy

This transaction signals continued strong investor appetite for well-located retail properties in growing markets like Temecula, which serves as a crucial economic hub for southwest Riverside County. For commercial real estate investors, the 5.92% cap rate and successful 1031 exchange demonstrate the viability of retail investments in secondary markets with strong fundamentals. The ongoing breakup strategy of French Valley Marketplace, totaling over $55 million in sales, provides valuable market data for developers and investors evaluating similar commercial property dispositions. For the local economy, these successful retail transactions support business growth and job creation in a region experiencing significant biomedical, biotech, and advanced manufacturing expansion, contributing to the area's economic resilience and development.

BlockchainDetails
Contract Address0xeA2912a8DA1CD48401b10cB283585874d98098F4
Transaction ID0xabd4437dcf6b6b619136ec489a117026fa6f697cbea12a4bb4fc22acb4e405aa
Account0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20
Chainpolygon-main
NewsRamp Digital FingerprintbosshLki-52033400b0e3a9e407d5a77ab539d172