CBRE Arranges $40 Million Sale of New Retail Center Near Los Angeles

Friendly Hills Marketplace in Whittier, California, is home to tenants including Orchard Supply Hardware, HomeGoods, ULTA Beauty and Sketchers. Friendly Hills Marketplace in Whittier, California, is home to tenants including Orchard Supply Hardware, HomeGoods, ULTA Beauty and Sketchers.

Whittier, Calif. — CBRE has arranged the $40 million sale of Friendly Hills Marketplace, an 89,826-square-foot shopping center in Whittier, located 20 miles southeast of Los Angeles.

Philip Voorhees, Kirk Brummer, James Tyrrell, Megan Wood, Preston Fetrow and Jim Leary of CBRE arranged the transaction on behalf of the seller and property developer, Oppidan Inc. Golden Capital Whittier LLC acquired the asset. Bruce Francis and Shaun Moothart of CBRE arranged acquisition financing on behalf of the buyer. Constructed in 2017, Friendly Hills Marketplace is fully leased to tenants including Orchard Supply Hardware, HomeGoods, ULTA Beauty and Sketchers. 

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