SAN FRANCISCO, CA, Aug. 3, 2012 -Rossmoor Retail Partners, LLC, a venture of Tallen & Keshen Holdings, Citivest Commercial and BlackRock is pleased to announce its acquisition of the high profile Rossmoor Town Center (top left photo)
The 106,281 square foot project is located in the affluent East Bay suburb of Walnut Creek, CA and is currently anchored by Safeway and CVS.
The future plans for this well located project include updating the anchor tenants and repositioning the property into a vibrant shopping center including a variety of new retailers, restaurants, medical office space and other amenities in order to best serve the needs of local residents and the surrounding communities.
Project leasing will be handled by Tallen & Keshen Holding's wholly owned subsidiary Retail Enterprise Group, Inc. in cooperation with Bay Area brokerage firm, Terranomics Retail Services. Cassidy Turley San Francisco is the project manager
Bank of America provided acquisition debt and Holiday Fenoglio Fowler represented the Buyer in the bank financing. The Seller was an institutional pension fund and was represented by the San Francisco office of CBRE.
For further information, please contact Terrence Tallen at ttallen@tallenkeshen.net or Dwight Belden at dbelden@Citivestinc.com.
For a complete copy of the company’s news release, please contact:
Kristin Wu
Accounting & Business Manager
Tallen & Keshen Holdings, LLC
RTA Investments, LLC
1223 Wilshire Blvd. #1220
Santa Monica, CA 90403
626-688-5027
I saw the Rossmor Town it is really the great town.
ReplyDeleteCity is clean and it is very lovable place.
Walnut Creek catering