Newport Beach, CA - Sells Palm Springs Mall, Palm Springs, California
, a market leading investment real estate brokerage firm, announced today the sale of Palm Springs Mall, Palm Springs, CA. The Property is a Community Shopping Center, anchored by Gottschalks, Vons, Rite Aid, Office Max, Ross Dress for Less and True Value Hardware. Located at the southwest corner of East Tahquitz Canyon Drive and Farrell Drive, the property totals 335,493 square feet of Gross Leasable Area.
exclusively represented the interests of the Seller, Palm Springs Mall, LLC, Irvine, CA and procured the Buyer, Hopkins Real Estate Group, Newport Beach, CA. Palm Springs is the largest city in the Coachella Valley; one of the fastest growing communities in the country.