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| Orlando Acevedo |
APPLE VALLEY, CA - The Town of Apple Valley, located in the
High Desert region of the Inland Empire in Southern California, announced that
a major portion of Rancherias Plaza
has sold to Pacwest Management for $3.1 million. The sold portion includes four
retail buildings totaling 40,079 square feet.
David Wick of
Marcus & Millichap represented Pacwest Management. The seller, Huntington
Beach Partnership, was represented by Brad
Freeman of Freeman & Associates.
“Apple Valley has continued demand for more retail and dining amenities,” noted Orlando Acevedo, economic development manager, Apple Valley. “Retailers and investors are recognizing that demand, especially as Apple Valley presents an emerging market that is on the upswing in this growth cycle.”
For a complete copy
of the company’s news release, please contact:
Darcie Giacchetto
Spaulding Thompson & Associates
949.278.6224
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