Marcus & Millichap Negotiates $2.1 Million Sale of Shopping Center in Metro Los Angeles

Bonita Canyon Gateway is located roughly 28 miles outside Los Angeles in San Dimas. Bonita Canyon Gateway is located roughly 28 miles outside Los Angeles in San Dimas.

San Dimas, Calif. — Marcus & Millichap has arranged the sale of Bonita Canyon Gateway, a retail property located roughly 28 miles outside Los Angeles in San Dimas.

An undisclosed developer sold the 7,860-square-foot property for $2.1 million. At the time of sale, the shopping center was 78 percent occupied. Richard Longobardo of Marcus & Millichap represented the seller. The name of the buyer was not released.

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