A Manatt team led by Real Estate Transactions & Finance partner and leader Anita Famili successfully represented Unibail-Rodamco-Westfield in the sale of the Westfield Mission Valley Shopping Center in San Diego, California. The disposition includes an open-air shopping area on the eastern side, which was sold to affiliates of Lowe Enterprises Real Estate Group and Arsenault Holdings, LLC, and a strip mall on the western side, which was sold to an affiliate of Sunbelt Investment Holdings, Inc.
The Mission Valley Shopping Center was sold for a combined purchase price of around $290 million and makes up approximately 1.5 million square feet of space.
The Manatt team representing Unibail-Rodamco-Westfield also included Jennifer Lynch, Christine Fan, Loni Gonzalez, Jonathan Weiss, Noah Adler and Kimberly Moore.
To learn more about this deal, click here.