1031 Exchange Investor Spends $16 Mil on Montclair Retail Asset
A 97k sf shopping center in Montclair was acquired by a 1031 exchange buyer for $15.9 mil ($164/sf). The property is situated on just under 10 acres at 9710-9886 Central Ave, south of I-10. Built in 1980 and remodeled in various phases over the past seven years, the property contains a total of 27 tenants […]
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